Bitcoin ETFs record combined $1.2B in outflows in 8 days

Venom Ventures Fund is allocating $1 billion to invest in Web3, blockchain and cryptocurrency projects and services. 1603 Total views 8 Total shares Own this piece of history Collect this article as an NFTAbu Dhabi-based blockchain platform Venom Foundation and investment manager Iceberg Capital announced they will allocate $1 billion of funding to Web3 and…

Binance Labs, the investment arm of major cryptocurrency exchange Binance, has granted $45,000 to three different projects. The news was announced in a blog post on Friday, April 12.Per the post, Binance Labs has contributed $15,000 to each of its first three open-source Fellowship projects. The first project is Ironbelly, an open-source mobile wallet for…

Levying a progressive tax on the ultra-wealthy has been a talking point long popular with many United States Democrats, yet such a policy would have been unimaginable under a Republican administration and a split Congress.Now that the Democratic Party is back in control of both the White House and Capitol Hill, the initiative is formally…

Stablecoin usage lost steam amid the recent crypto market downturn. From peaking at nearly $2 billion on May 19, the daily transaction volume has fallen off its 2021 average by about 60%. The significant drop begs the question about stablecoin activity in the current market environment.Unsurprisingly, the two cryptocurrencies that remain in a tight race…

A self-styled 23-year-old 'Crypto King' is facing a raft of demands among 140 of his investors as they try to claw back a collective total of $35 million from his company AP Private Equity Limited.According to a Sept. 20 CBC report, creditors are hard at work trying to unravel where all the money they allegedly…

G20 finance ministers and central bank governors have asked the Financial Stability Board (FSB) and global standard-setting organizations to monitor risks around crypto assets. The request was made in a joint communiqué published on the website of Japan’s Ministry of Finance on June 9, following the G20 meeting held in Fukuoka, Japan.The leaders that cosigned…

Crypto exchange Seed CX — a Chicago-based licensed platform targeting institutional clients — has launched a digital asset wallet solution with on-chain settlement, according to a press release published Jan. 10.  Seed CX has reportedly developed the new wallet solution together with its settlement subsidiary, Zero Hash — a crypto and fiat currency custodian providing…