Sigma Capital’s $100M fund plans to invest in 100 Web3 projects
The Dubai-based venture capital firm said it plans to invest in 100 early-stage Web3 projects, 25 liquid tokens and 10 fund-of-fund allocations.
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BitBoy founder threatens class action lawsuit against Celsius
Just two weeks after appearing in an ask me anything (AMA) with Celsius founder Alex Mashinsky, crypto Youtuber Ben Armstrong has announced he intends to file a class action lawsuit against the lending platform and its chief executive. Armstrong made legal threats via Twitter on June 15, and has since provided more detail in multiple…

FCoin Working to Resume Operations, Promises to Return Lost Funds
The FCoin exchange has officially announced that it will relaunch operations. A committee was formed after the exchange announced insolvency, promising to eventually return users’ funds.The exchange’s existing team will resume the operation of the FCoin and FMex websites, handing them over to an “interim committee” led by community representatives. The announcement was made on…

Breaking: SBF’s lawyers request bail in Bahamas Magistrate Court pending extradition
The move comes just one day after the crypto executive's arrest on Dec. 12. 1932 Total views 13 Total shares Own this piece of crypto history Collect this article as NFTAccording to local sources, on Dec. 13, crypto executive Sam Bankman-Fried's (SBF) lawyers have requested bail in a Bahamas' Magistrate Court after his arrest on…

Why is the crypto market down today?
The cryptocurrency market’s growing correlation with the Nasdaq 100 hinders bullish prospects as the month draws to a close.

Texas house passes crypto-friendly bill, now goes to senate
Governor Greg Abbott has already hinted he is open to signing the bill into law. 2851 Total views 19 Total shares Members of the Texas House of Representatives have passed a bill which aims to recognize cryptocurrencies under commercial law in the state.In a session of the 87th Texas Legislature today, lawmakers passed a proposed…

Celsius countersues KeyFi, claims deceit and incompetence led to tens of millions in losses
Crypto lender Celsius has gone on the offensive against former staking and DeFi strategy associate KeyFi and its CEO, which had sued it a week before it went bankrupt. 159 Total views 35 Total shares Bankrupt crypto lending company Celsius countersued decentralized finance (DeFi) protocol KeyFi and its CEO Jason Stone on Tuesday in the…

Was Chainlink’s (LINK) 35% rally just a buy rumor, sell the news event?
Since September, Chainlink (LINK) price has gained more than 25%, outperforming Bitcoin (BTC), Ethereum (ETH) and most altcoins. Currently, the project is the leading decentralized blockchain oracle solution and ranks 15th in terms of market capitalization when excluding stablecoins. In September, LINK's price surged by an impressive 35.5%, but in the month-to-date performance for October, LINK

Weiss Ratings: Litecoin ‘Excellent’ in Adoption and Investment Returns
American provider of investment data Weiss Ratings has ranked Litecoin (LTC) as “excellent” in regards to investment rewards and adoptionDigital currency ratings unit Weiss Crypto Ratings has classified the fourth largest cryptocurrency in terms of market capitalization LTC as “excellent” when it comes to investment rewards and adoption. At the same time, the agency ranked…