Trump’s first week in office: Will crypto regulation take a back seat?

Polychain Capital raised $200M for its newest fund while Coinfund raised a better-than-expected $152 million. 31 Total views 1 Total shares Over $350 million has been raised by crypto venture capital firms Polychain Capital and Coinfund with respective reported raises of $200 million for a new investment fund and $152 million for a seed fund.A…

Researchers from cryptocurrency exchange BitMEX have suggested that the privacy and scalability benefits of Bitcoin’s (BTC) implementation of the Lightning Network are less than expected.A report published by BitMEX on Jan. 11 illustrates the researchers’ efforts to determine the growth of the Lightning Network by trying to extrapolate information about private payment channels from readily…

The company’s Crypto20 index fund registered 221% growth quarter-over-quarter. 1898 Total views 14 Total shares Cryptocurrency asset manager Invictus Capital saw significant growth in assets under management during the first quarter, highlighting the rapid uptake of digital assets among institutional investors. Assets under management surged by 50% to $112 million in the quarter ending March 31,…

Ledger Vault, the custody arm of hardware wallet manufacturer Ledger, will provide its services to Canadian cryptocurrency broker Voyager Digital, according to a press release shared with Cointelegraph on May 21.Per the release, Voyager Digital will integrate Ledger Vault’s multi-authorization cryptocurrency wallet management system into its trading platform with the aim to increase its overall…

Hackers from North Korea were behind a phishing scam targeting users of South Korean cryptocurrency exchange UpBit, Korean-language cryptocurrency news outlet CoinDesk Korea reported on May 29.According to findings by local cybersecurity firm East Security, the scam came in the form of an email sent to UpBit users requesting account information.The pretence was a fake…

An independent report prepared for a House committee suggests the government foster the development of digital asset technology and regulate it cooperatively. 207 Total views 1 Total shares While the cry for crypto regulation is becoming ever louder in much of the world, and regulation by enforcement is a controversy, a report prepared for the…

To put things into perspective, since November 2021, the total market capitalization of the digital asset industry has plummeted from it’s all-time high of $3 trillion to its current levels of approx. $1.27 trillion, thus showcasing a loss ratio of over 55%.While this massive monetary downturn can be attributed to a range of factors, including…

Although the restaurant won’t officially open its doors until 2023, two types of membership are already on sale in Ether. 152 Total views 16 Total shares VCR Group, the hospitality company founded by entrepreneur Gary Vaynerchuk, announced the live token sale of its latest members-only private dining club in New York City, called Flyfish Club.…

The announcement comes three days after the Mt. Gox Trustee executed the first test transactions on Bitstamp exchange.