Gate Ventures, Movement Labs, Boon Ventures to launch $20M crypto fund

Positive moves are being made for investor sentiment in the cryptocurrency space despite a year-long bear market.This comes after $40 million was raised by cryptocurrency investment firm Morgan Creek Digital, which is headed up by its founder, Anthony Pompliano. The crypto-focused hedge fund is part of Morgan Creek Capital, which manages over $1 billion in…

Despite selling out in less than three hours, CoinList’s second attempt at hosting NEAR’s final tokensale saw the platform struggle as investors rushed to participate. CoinList’s second attempt in 24 hours at hosting NEAR’s final token sale saw the exchange once again buckle under a flood of traffic from prospective investors.NEAR’s final sale before mainnet…

Russian businessman and self-styled “ex-oligarch” Aleksandr Lebedev is backing a new decentralized finance project that aims to compete across a broad spectrum of financial products.As reported by Russian financial publication RBC, Lebedev is providing the initial funding for a DeFi startup under the working name of InDeFinEco, standing for Independent Decentralized Finance Ecosystem.Lebedev said to…

The South Korean government plans to tax capital gains on cryptocurrency transactions. A Dec. 9 report from The Korea Times reveals that a revised bill to introduce the measure will be drawn up by the country’s Ministry of Economy and Finance by the first half of 2020.In parallel, the Korean National Assembly is in the…

BTC price discovery is all but a given now that global liquidity is breaking into undiscovered territory, Bitcoin analysis suggests.

An initiative helped to implement a Bitcoin-powered economy amid the COVID-19 crisis. 560 Total views 16 Total shares El Zonte, a village located in El Salvador, was hit hard by the COVID-19 pandemic. In response, the community implemented an economic system based in Bitcoin (BTC).According to a report published by Forbes, the community’s BTC-powered economy…

Japanese prosecutors have reportedly dropped their appeal to the acquittal of former Mt. Gox CEO Mark Karpeles, The Mainichi reports on March 29.On March 15, the CEO of the now defunct Mt. Gox cryptocurrency exchange was acquitted of charges of embezzlement, but was found guilty of tampering with financial records.According to The Mainichi, prosecutors had…

Personal tokens are growing in popularity with the host of ‘Week in Ethereum’ listing EVAN tokens on Balancer”. 965 Total views 8 Total shares The host of the ‘Week in Ethereum’ Podcast and former Director of ConseSys, Evan Van Ness is the latest person to tokenize himself on the blockchain — a growing trend in…

White hat hackers have detected over 40 bugs in blockchain and cryptocurrency platforms over the past 30 days, tech news outlet The Next Web (TNW) reported on March 14.According to an investigation conducted by TNW, 13 blockchain- and cryptocurrency-related companies were hit with a total of 43 vulnerability reports from Feb. 13–March 13.In the blockchain…