Bitcoin ETF volumes hit 7-week high as BTC price nears $67K
Bitcoin ETFs see daily volumes of nearly $6 billion in a return to levels not seen since late March, with BTC price hitting new May highs.
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PwC Hong Kong purchases land plot in The Sandbox
The specific plot of land and asset price are unknown at this time, though PwC Hong Kong has divulged early intentions to enter the space. 252 Total views 3 Total shares PwC Hong Kong, an international subsidiary of the global PricewaterhouseCoopers (PwC) organization, announced Thursday its emergence in the metaverse space with the acquisition of…
Sequoia slashes its crypto fund by 66% after industry collapses: Report
The $85-billion venture capital firm launched the Sequoia Crypto Fund in February 2022. 92 Total views 2 Total shares Venture capital giant Sequoia Capital reportedly downsized its cryptocurrency fund from $585 million to $200 million, amid a liquidity crunch and a pivot away toward smaller crypto players.According to a July 27 Wall Street Journal report,…
NFT representing 5% of Monaco F1 Delta Time track auctioned for $220K
NFT-powered racing game F1 Delta Time has auctioned off a segment of an in-game track for $222,000. 3072 Total views 14 Total shares A segment of a race track in F1 Delta Time, a non-fungible token-powered motorsports game from Animoca Brands, has been auctioned off for more than 9 million of the company’s REVV tokens,…
Attorney outlines Ripple-SEC settlement path amid Coinbase case impact
Deaton clarified that even if an appeal were possible in such a situation, the agency's authority would be diminished. 196 Total views 5 Total shares Amidst speculation regarding a potential resolution between Ripple and the United States Securities and Exchange Commission (SEC), attorney John Deaton, representing numerous XRP token holders, has outlined the possible steps
Binance takes on DeFi with Uniswap competitor and liquidity mining
Crypto exchange giant Binance makes another move into DeFi with new token swapping liquidity platform Crypto exchange giant Binance is delving deeper into the world of DeFi-style products with its latest offering, an automated market maker called Binance Liquid Swap.Aimed directly at Uniswap and its clones, Binance will launch an AMM liquidity pool that allows…
Fetch.ai launches Innovation Lab with $10M fund for startups
Fetch.ai is opening an Innovation Lab in San Francisco for early-stage startups working with AI agents.
Korea’s Largest VC Firm Makes First Investment in Enterprise Blockchain Startup
South Korea’s largest venture capital (VC) firm, Korea Investment Partners (KIP), is investing in its first blockchain startup, TEMCO, according to an October 1 press release.KIP is known for its investments in high-ranking firms that include Naver — Korea’s largest search engine, as well as owner of the popular Japanese messaging app LINE — and…
BTC price burns bears en route to $40K: 5 things to watch in Bitcoin this week
Bitcoin (BTC) is nearing $40,000 this Monday as a new week gets underway with a bang for bulls.A calm but confident weekend culminated in a dramatic run-up overnight Sunday, with BTC/USD swiftly nearing the top of its multi-month trading range.With favorable fundamentals and a lot of liquidated bears, Bitcoin looks set to investigate levels not…