Hong Kong shows off crypto, Web3 prowess in Toronto
Canadian crypto and Web3 startups could benefit from “lower taxes” and regulations that cater to “pre-commercial specialist technology companies,” said a Toronto ETO official.
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VC firm Konvoy launches new $150M fund, eyes blockchain-based games
Gaming venture capital firm Konvoy launches new $150 million fund, with a portion set to be invested in cryptocurrency and blockchain-based games. 264 Total views 31 Total shares Venture capital firm Konvoy Ventures is set to fork out at least $30 million to back various cryptocurrency and blockchain-based games.The American firm announced the launch of…

Bitcoin payments are being undermined by centralized stablecoins
The dream of a peer-to-peer electronic cash network has been realized… but with centralized stablecoins based on USD, dammit.

UAE reportedly plans to issue federal crypto license for VASPs
The crypto license legislation might be the first nationwide crypto-focused regulation. However, various free zones in the country had introduced crypto regulations as early as 2018. 556 Total views 81 Total shares The United Arab Emirates is reportedly planning to issue a federal crypto license for virtual asset service providers by the end of the…

Delta Cryptocurrency Exchange Launches Interest Rate Swaps
The Singapore-based crypto exchange is launching interest rate swaps that allow traders to speculate on the rates themselves. 397 Total views 35 Total shares Singapore-based Delta Exchange has announced the launch of interest rate swaps (IRS) on DeFi rates, flash rates on Bitfinex, and interest rates on the BitMEX perpetual swap, starting today.According to the…

Dallas Mavericks Become Second NBA Team to Accept Bitcoin
The Dallas Mavericks have become the second NBA team to accept Bitcoin (BTC) as a means of payment for match tickets and merchandise.A tweet from cryptocurrency payment processor BitPay confirmed the news on Aug. 13. Mavs’ billionaire owner is a crypto enthusiastCryptocurrency adoption has been on the horizon for the Mavs since early last year, when…

Cathie Wood’s Ark Invest bags nearly $16M Coinbase stocks in February
Ark Invest has spent nearly $30 million on the Coinbase stock so far in 2023 while dumping Grayscale Bitcoin Trust shares. 309 Total views 1 Total shares Own this piece of history Collect this article as an NFTCathie Wood’s investment management firm Ark Invest continues stacking Coinbase (COIN) stock amid the latest cryptocurrency market decline.On…

3 reasons Ethereum’s momentum is only accelerating as ETH nears $600
Ether price has surged above $580 in recent days, but the impending release of Ethereum 2.0 isn't the only catalyst driving the current rally. 1836 Total views 18 Total shares Alongside the high anticipation for Ethereum 2.0, the high time frame breakout and daily gas usage on Ethereum remain key positive factors.Eth2 momentum accelerates in…

Russian Lawmakers Finally Pass Country’s Major Crypto Bill
Russia’s newly passed crypto bill finally provides a legal status to crypto, but does not allow it to be used as a payment method. 1130 Total views 5 Total shares Russia passed a major bill today related to cryptocurrencies like Bitcoin (BTC).The State Duma — Russia’s legislative body — has passed a bill titled “On…