VC Roundup: Venture firms push Web3 forward despite macro headwinds

Though the protocol offers an arguably lucrative yield of 4% per year, it's only available to accredited investors as of now. On Monday, decentralized finance, or DeFi, protocol Compound Treasury announced that it received a credit rating of B- from S&P Global Ratings. As told by the team at Compound, this represents the first time…

The lawsuit, initially filed on May 9, alleges the firm and its CEO was involved in a price manipulation scheme tied to the TerraUSD stablecoin. 60 Total views 1 Total shares Algorithmic and high-frequency trading firm Jump Trading is seeking to have the class action lawsuit against the firm moved from Illinois to a Northern…

When Bitcoin (BTC) goes down, Chainlink (LINK) and Tezos (XTZ) go down. But when Bitcoin starts to move upwards, a much bigger move can usually be expected from these two coins as well.As Bitcoin hit a temporary bottom yesterday at $8,450, so did Chainlink and Tezos, which are ranked 12th and 10th by market capitalization,…

Bitcoin (BTC) held on to fresh gains on April 14 after a rebound in line with Wednesday’s Wall Street open flipped the mood.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$40,500 now the level to holdData from Cointelegraph Markets Pro and TradingView showed BTC/USD still trading above $41,000 Thursday, having reclaimed the $40,000 mark during the move…

Bybit launches bbSOL, a liquid staking token on Solana, enabling users to earn staking rewards while maintaining liquidity and maximizing returns.

Animoca CEO Robby Yung talks about his firm’s impressive investment portfolio and how he got into the Web3 industry.

On April 26, House Republicans scarcely passed their bill to increase the U.S. debt ceiling. This led to analysts already weighing its potential impact on the price of Bitcoin (BTC), ranging from extremely bearish to overly bullish.Ultimately, U.S. dollar liquidity is the key to both of these opposing viewpoint."Deflationary recession" to produce 2020-like BTC rally?Some analysts,…

Eddie Alvarez has been convinced to buy into Bitcoin by fellow former MMA champion Ben Askren, saying that he “can’t sit on the sidelines any longer.” American mixed martial artist and former UFC lightweight champion, Eddie Alvarez, has bought one Bitcoin (BTC). In a tweet, May 7, he claimed he “can’t sit on the sidelines…

While the crypto community expects more large firms to emulate Tesla’s Bitcoin purchase, JPMorgan’s strategists don't think it will happen. 3309 Total views 10 Total shares Strategists at JPMorgan Chase, one of the largest investment banks in the United States, believe that Tesla’s $1.5 billion Bitcoin (BTC) purchase will not necessarily trigger a ton of…