VC Roundup: Crypto funding climbs to $13.6B in 2024, set to hit $18B in 2025

Total value locked across DeFi is fast approaching record highs again, suggesting that crypto is in the second leg of its bull market. 106 Total views 2 Total shares Liquidity market protocol BENQI has reached $1 billion in total value locked, or TVL, less than a week after launching on the Avalanche (AVAX) network, a…

Ether's (ETH) 81% rally over the last three weeks caught professional traders off-guard, and this week's upcoming options expiry reveals that of the $430 million in contracts set to expire, only 7% of the neutral-to-bearish put options will be available if Ether holds above $3,200 on Aug. 13.Ether price in USD at Coinbase. Source: TradingViewCuriously,…

Japanese online broker Monex Group — owner of previously hacked cryptocurrency exchange Coincheck — released its financial report on Q3 for the 2019 fiscal year on Jan. 31. The report shows that the trading platform halved its losses in Q3, as compared with the preceding quarter.The results of the report cover the third quarter ending…

“Canada punches above its weight” in blockchain innovation, parliamentarians conclude, but lots more should be done to encourage the industry. A Canadian House of Commons committee report has recommended that the country “recognize blockchain as an emerging industry,” and take all the steps that entails. There are a lot of steps needed, it said.The report…

Square’s Cash App is allowing U.S. citizens and residents who don’t usually file a tax return to direct forthcoming government stimulus payments to the mobile payments application.The move comes after the company failed to convince the United States Treasury to let it distribute the stimulus funds to segments of the U.S. population.Cash App users can…

Another crypto merger targets tax reporting. European experts in cryptocurrency tax reporting are joining forces to enter markets in the United States and Canada.Blockpit, an Austria-based crypto compliance expert, has completed a merger with its German competitor CryptoTax, the firm announced on Sept. 8.Both focused on providing crypto tax reporting tools, Blockpit and CryptoTax will…

New logo slated for Yuga’s dog-themed NFT collectionThe logo for the Bored Ape Kennel Club (BAKC) from nonfungible token (NFT) conglomerate Yuga Labs is getting a refresh after recently surfaced allegations of intellectual property theft.Yuga co-founder, Greg Solano, more widely known as “Garga” tweeted on Feb. 18 that the BAKC logo would be changing and…