Crypto VCs made $2.6B worth of deals in the first quarter of 2023
Valuation trends in the report are mixed, with seed rounds up 33.3% and late-stage rounds up 209.2% compared with 2022;...
Month: May 2023
Will The Bitcoin Price Revisit The Lows? Why Traders Are Hedging Their Bets With Crypto Presales
Bitcoin’s price surge in the first quarter of 2023 has slowed down after it reached a peak of $31,200 during...
Report: French Crypto Trader Jailed for 18 Months for Buying a Ferrari With Bitcoin
A French crypto trader, Thomas Clausi, is currently jailed in Morocco where he was convicted of the crime of purchasing...
Gbitcoins – Providing Top-Notch Cloud Mining Services
Cloud mining is one of the newest, most innovative developments in the cryptocurrency space in recent years. It provides an...
US Treasury Secretary Janet Yellen Urges Congress to Act Quickly on Debt Limit, States Defaulting Would Be ‘Unthinkable’
U.S. Treasury Secretary Janet Yellen has warned again about the consequences of the U.S. defaulting on its debt. During a...
Large Immersion Cooled Crypto Mining Farms to Extract Bitcoin in Middle East Desert
A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (UAE). The high-tech...
Lufthansa, Eurowings, other travel industry players push forward with Web3
After a new travel-focused blockchain hit the scene, major players in the industry are beginning to pivot to integrate Web3...
‘It’s going to get worse for banks’ — JPMorgan CEO on overregulation
JPMorgan CEO says the Fed should be less focused on adding more rules and regulations for banks and more on...
Lawsuit against FTX celebrity promoters gets backup from former exec
Daniel Friedberg, the former top compliance chief for FTX and FTX US, has provided a declaration that could support the...
GAO cites exposure to digital assets in exploring collapse of Signature Bank
Michael Clements said the GAO had reviewed “large deposits from the digital asset space” in considering whether crypto had contributed...
Do Kwon’s lawyers propose $436K bail as authorities prepare for June trial
Lawyers said Do Kwon and Han Chang-joon could be released on bail and largely confined to a Montenegro apartment with...
Bitcoin Price Slides Below $27,000 – Where Will BTC Go From Here?
Bitcoin price trades below a key support level as FUD grips crypto market participants. The correction follows a short rally...
China launches national blockchain center to train half a million specialists
The institution will reportedly train more than 500,000 specialists in distributed ledger technology.
Binance.US seeking ways to cut Changpeng Zhao’s majority stake: Report
Changpeng Zhao is the crypto exchange’s founder, majority owner and chair. He is also the CEO and co-founder of the...
US Chamber of Commerce slams SEC’s ‘haphazard’ regulation efforts
The largest business organization in the world has thrown its weight behind Coinbase in its fight against the SEC. The...
