Dragonfly Capital eyes $500M for fourth crypto fund
Dragonfly’s new crypto fund will target early-stage projects in the crypto space. Over 100 digital-asset startups are part of the firm’s portfolio.
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Major Japanese Fintech Firm Halts Plans to Launch Crypto Exchange, Citing Bear Market
Money Forward Inc., the operator of one of Japan's most popular personal budgeting apps, has resolved to halt its plans to launch a crypto asset exchange. The development was reported by Cointelegraph Japan today, April 15.As previously reported, Money Forward had established a dedicated subsidiary in May 2018 for its crypto exchange project. It had…

Ripple’s Sarbhai: Regulators No Longer Take the “Blockchain Good, Crypto Bad” Approach
Ripple’s Sagar Sarbhai has said he believes that blockchain technology and crypto assets are now being tackled more holistically by policymakers, in an interview on CNBC Markets today, September 17.Sarbhai, who is head of regulatory relations for Asia-Pacific and the Middle East at Ripple, said he thinks that regulators are no longer taking a compartmentalized…

EOS DApps Lose Almost $1 Million to Hackers Over the Last Five Months
Decentralized apps (DApps) based on the EOS blockchain have lost up to $1 million to hacks since July, Chinese crypto media Blockchain Truth reports Tuesday, Dec. 4.The report cites data by PeckShield, a blockchain security company that monitors different ecosystems. According to the report, the DApps on EOS have seen 27 breaches from July to…

Three Arrows Capital has failed to meet margin calls: Report
Crypto lender BlockFi was among several companies to liquidate at least some of 3AC’s positions, according to a new report. 537 Total views 10 Total shares Venture firm Three Arrows Capital (3AC) has reportedly failed to meet margin calls from its lenders, raising the spectre of insolvency after this week’s crypto market collapse triggered unforeseen…

Nifty News: Trader nabs 800 ETH by baiting a bot, NFT thefts slow and more
A trader walked off nearly $1.5 million richer after tricking a bot copying his trades to buy a slew of NFTs at a markup.

Cointelegraph launches Gaming.News: A fresh take on gaming media
Cointelegraph is expanding its presence into the gaming space with the launch of Gaming.News, the next-gen gaming platform built for players, fans and industry enthusiasts. Gaming.News provides comprehensive coverage of the gaming world, offering the latest news and reviews about video games, hardware, eSports and mobile. While operating as a separate brand with its own

Crypto Exchange Claims It Is Faster Than 99% of Rivals
A new blockchain trading platform says its secure, reliable infrastructure enables users “to stay ahead of market movements and manage risk and loss like never before.”As well as supporting a wide range of mainstream cryptocurrencies such as bitcoin, ether and litecoin, Bcnex says it is constantly expanding its offering to other quality tokens.In its white…

Stress test? What Biden’s bank bailout means for stablecoins
The collapse of Silicon Valley Bank (SVB), which suffered a bank run after revealing a hole in its finances over the sale of part of its inflation-hit bond portfolio, led to a depegging event for major stablecoins in the crypto sector, leaving many to wonder whether it was a simple stress test or a sign…