EU launches ‘Trusted Investors Network’ to boost VC investment in tech
The European Union unveiled the Trusted Investors Network at a meeting in Athens, Greece, to attract venture capital to deep-tech sectors like biotechnology and AI.
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DAO treasuries still down 40% after October’s DeFi downtrend
The recent DeFi downturn has impacted the treasuries of decentralized autonomous organizations by 40% in a month 1182 Total views 5 Total shares Decentralized autonomous organizations (DAOs) were heavily hit by October’s decentralized finance (DeFi) downtrend, with the total value of assets managed by DAO’s crashing by 40% from 30 days ago.According to data from…

South African exchanges welcome the new ‘crypto is financial asset’ ruling
Major South African exchanges have welcomed the central bank’s plans to regulate cryptocurrencies as financial assets. 281 Total views 30 Total shares South Africa’s Reserve Bank is set to begin regulating cryptocurrencies as financial assets in the next 18 months, with exchanges expecting the move to drive adoption in the country.The move to classify cryptocurrencies…

‘Cast a vote, but don’t join a cult’ — Edward Snowden at Bitcoin 2024
The former National Security Agency contractor did not name any particular US or international lawmakers but warned many didn’t belong to the “tribe” of Bitcoiners.

Enron relaunch headed by pranksters hints at offering crypto token
Enron is back from the dead 23 years after its massive fraud put into bankruptcy, with the pranksters who have seemingly taken over the brand hinting at launching a token.

Expert: US Should Cut Crypto Firms Some Slack to Compete With China
Fintech and regulation experts have said the United States needs to wake up to China’s proactive pursuit of a central bank digital currency.A Fortune report published on Nov. 1 pointed to the fact that digital currency looks poised to play an increasingly important role in the standoff between the two superpowers. China making “very large macros…

Attorney Ordered to Pay $5.2M for Releasing Bitcoin Funds From Escrow
A NYC attorney has been ordered to pay a crypto investment firm more than $5M after prematurely releasing most of its funds set aside to buy Bitcoin. A federal judge has ruled that a New York attorney is responsible for repaying a crypto investment firm after he prematurely released escrow funds set aside for buying…

Former Steem Witness: ‘I Received Direct Threats From a Hive User’
A former Steem witness, who is also a prominent member of Korea’s crypto community, spoke to Cointelegraph and shared proof that he received death threats from a Hive user ahead of Steem’s 0.23 hard fork.The former witness, who has requested to remain anonymous, told Cointelegraph that he stepped down shortly before the 0.23 hard fork…

BTC price nears $26K amid warning Bitcoin sell pressure can ‘double’
Bitcoin (BTC) stayed near two-month lows at the Aug. 18 Wall Street open as markets came to terms with extreme liquidations."Drying liquidity" costs BTC price key supportData from Cointelegraph Markets Pro and TradingView showed BTC price action tracking sideways after a single daily candle spawned 8% losses.The largest cryptocurrency saw a cascade of liquidations across…