VC Roundup: Crypto funding climbs to $13.6B in 2024, set to hit $18B in 2025
Declining interest rates and increased regulatory clarity are expected to fuel a surge in venture capital investment in crypto startups over the next 12 months.
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ConsenSys and WWF Roll Out Platform for Transparency in Philanthropy
ConsenSys, a blockchain startup founded by Ethereum’s (ETH) co-founder Joseph Lubin, and the World Wildlife Fund (WWF) have jointly launched the Impactio platform to bring transparency into philanthropy.Per an announcement made on Sept. 24, a new partnership between ConsenSys and the WWF resulted in an Ethereum blockchain-based platform dubbed Impactio designed to supervise and fund…
18 US states file lawsuit against SEC and Gary Gensler
President-elect Trump has vowed to fire SEC Chairman Gary Gensler and replace him with a more crypto-friendly SEC head.
Bitcoin is a ‘disgusting’ product that comes ‘out of thin air,’ says Charlie Munger
"I hate the Bitcoin success, and I don’t welcome a currency that’s so useful to kidnappers and extortionists and so forth," said the billionaire. 2898 Total views 20 Total shares Charlie Munger, billionaire investor and vice chair of Warren Buffett’s Berkshire Hathaway conglomerate, did not mince words when it came to describing his feelings on…
Singapore: Code of Practice Offers Practical Guidance for Crypto License Applications
Singapore’s crypto industry association is providing resources for local firms as they navigate new regulatory requirements. Cryptocurrency firms in Singapore can now draw upon detailed guidance for their license applications to offer regulated services in the city-state.On Aug. 13, the Association of Cryptocurrency Enterprises and Startups, Singapore (ACCESS), rolled out its new Code of Practice…
Blockfolio and TokenTax Join Forces to Make Taxes Easier
The deadline for filing 2019 taxes in the United States is quickly approaching. Even for those declaring traditional income, the process can be lengthy to say the least. One of the biggest challenges for crypto holders in the US and beyond is how to declare their crypto assets and not run afoul of the IRS.Tax…
Impeached South Korean president Yoon arrested weeks after martial law attempt
The impeached South Korean president was taken into custody for questioning by South Korea’s Corruption Investigation Office on Jan. 15.
New ASUS Partnership Allows Users to Mine Crypto With Idle GPU Power
Taiwan-based tech giant ASUS has partnered with GPU mining platform Quantumcloud to allow users to mine crypto via their graphic cards, multinational tech media TechRadar reported Thursday, Nov. 30.According to the agreement, ASUS graphic cards owners will be able to mine crypto through Quantumcloud software and withdraw earnings using PayPal or Chinese app WeChat.The new…
Amid crypto winter, Nexo commits additional $50M to buyback program
The Bitcoin lender has sought advice from Citigroup on how to acquire distressed crypto firms amid the bear market. 394 Total views 13 Total shares Crypto lending platform Nexo has increased the size of its buyback program, giving the company more discretionary ability to repurchase its native token to boost interest payments or make strategic…