VC Roundup: Crypto fundraising grows, but investors are more wary

Tether has reached $10 billion in market capitalization as growth in 2020 picked up. Tether (USDT) has reached a market capitalization of more than $10 billion as of July 22.The milestone was announced by Tether and also seen through the market price aggregator CoinGecko.Tether’s issuance has seen a significant growth in 2020, doubling from $5…

Former Mt. Gox CEO Mark Karpeles insists that the 80,000 Bitcoin (BTC) that Dr. Wright lays claim to was stolen from the exchange in March 2011. Cryptocurrency experts side with Karpeles.Bitcoins were stolenKarpeles confirmed to Cointelegraph that the Bitcoins residing at 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF were stolen from Mt. Gox:“I confirm, this was confirmed in 2011 and records…

The metaverse may no longer have mainstream appeal to some global tech leaders compared to two years ago. However, weaknesses in the testing of the various investments and initiatives in the emerging technology may have resulted in some of them failing.On the sidelines of the recent Cardano Summit in Dubai, Sandra Helou, CEO of MetaMinds

The price of THORChain’s token RUNE is up 16% since the project announced the official launch of its mainnet on June 22. The team announced the mainnet launch on Wednesday, alongside the rollout of a “Rune in a Million Campaign” on Binance that contains a total of $1 million worth of RUNE rewards for users…

BitMEX, the world’s largest cryptocurrency trading platform, saw record volumes across its operations as bitcoin (BTC) hit $13,000. The company reported the figures on Twitter on June 26.On Wednesday, BitMEX, which is the world’s single biggest bitcoin derivatives provider, reported more than $1 billion of open interest on the market. Trading topped $13 billion, with…

The license is pending operational approval and allows Crypto.com’s Dubai entity to offer exchange, broker-dealer, and lending and borrowing services. 427 Total views 4 Total shares Crypto exchange Crypto.com’s Dubai entity was granted a Virtual Assets Service Provider (VASP) license by the city’s regulator, pending operational approval.In a Nov. 14 press release, Crypto.com said that

China Shipbuilding Industry Company Limited (CSICL) is going to explore how it can apply blockchain to financing its upstream suppliers, reports official Chinese newspaper People’s Daily on March 27. CSICL is a subsidiary of one of the two largest Chinese shipping conglomerates, China Shipbuilding Industry Corporation (CSIC).CSICL signed a strategic cooperation agreement on supply chain…

According to a market report from Allied Research, the South Korean pop music industry will be valued at $20 billion by 2031.

Synthetix faces fierce competition on the DeFi-oriented layer 2.