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

The Game is facing a $12 million judgment for his role in an allegedly unregistered initial coin offering. 536 Total views 1 Total shares Los Angeles-based rapper The Game, also known as Jayceon Taylor, is facing a $12 million judgment for his role in Paragon Coin Inc — a crypto firm alleged to have engaged…

The blockchain game developer is looking to improve cross-chain utilization of nonfungible token assets via its investment in Bondly. 607 Total views 1 Total shares Animoca Brands, a nonfungible token (NFT) game developer, has announced a substantial investment in the NFT platform Bondly.According to a release issued on Friday, Animoca will own a majority stake…

LINK, the native token of Chainlink, is beginning to recover after seeing a major drop against Bitcoin. 1316 Total views 10 Total shares The price of LINK, the native cryptocurrency of Chainlink, has increased by 10% in the past three days with the recovery coming despite a “death cross” on the LINK/BTC chart.Josh Olszewicz, a…

Metal Pay, with its new mainnet blockchain Proton, makes different banks and payment platforms compatible with each other, as well as the digital asset world. Proton, a new delegated proof-of-stake blockchain from crypto payment solution Metal Pay, allows digital asset and fund transfers across multiple channels. "It's a Blockchain that's integrated into your bank," Metal Pay…

“The noose is tightening” for wealthy Americans suspected of exploiting Puerto Rico’s relaxed tax regime. 248 Total views 13 Total shares Prosecutors from the United States and agents from the Internal Revenue Service (IRS) are reportedly investigating wealthy crypto traders and fund managers suspected of illegally benefiting from Puerto Rico’s tax breaks. According to a June…

The online crypto casino reported unauthorized transactions from its hot wallets on Sept. 4 with blockchain security firms estimating at least $41 million pilfered from hackers. 274 Total views 3 Total shares Crypto betting platform Stake has reopened deposits and withdrawals and resumed services for users only five hours after the platform was hacked to

The Swiss data protection regulator is waiting for Facebook to provide it with particulars on data protection risks associated with the forthcoming Libra digital currency, Reuters reported on July 23.The Federal Data Protection and Information Commissioner (FDPIC) — the competent authority for data processing by federal bodies and individuals in Switzerland — sent a letter…

A recent report from technology research and advisory firm Technavio predicts that the Metaverse will hit a market share value of $50.37 billion by the year 2026. Therefore, it shouldn’t come as a surprise that the trillion-dollar fashion industry has started taking a major interest in the Metaverse. While most luxury labels and brands remain focused…

APY.Finance is the latest DeFi protocol to explode in popularity, locking more than $67 million of stablecoins in the first hour of launching its mining program. The DeFi sector is still going strong with the newly launched yield farming platform APY.Finance attracting more than $67 million in locked funds within one hour of launching liquidity…