VC Roundup: Web3 infrastructure, ‘tokenization of everything’ drawing investors

Bitcoin’s (BTC) recent rejection at $12,400 triggered $234 million in futures contract liquidations across derivatives exchanges. Despite a 30% rally in the past 30 days, maintaining the $11,700 level as support is undecided.Bitcoin hasn't seen a lower low ever since the mid-March 50% shakedown, which caused the price to test the sub-$4,000 level.Bitcoin USD 4-hour…

Facebook’s long-awaited stablecoin Libra could face a difficult roll out in Thailand due to the coin’s uncertain legal status in the country, an expert told the Bangkok Post on July 9.Fiscal Policy Office legal officer Sumaporn Manason argued that Libra will likely run up against difficulties entering Thailand as the cryptocurrency does not fall under…

According to SIMBA Chain, the investment will go toward developing blockchain applications that will be used by several government organizations. Own this piece of history Collect this article as an NFTBlockchain solutions provider SIMBA Chain has been selected for a $30 million Strategic Technology Focus Initiative (STRATFI) by the United States Air Force (USAF). The…

OpenSea faces SEC scrutiny as the debate over NFTs as unregistered securities heats up, causing a stir in the crypto world.

Dash developers announced that they expect to update the project’s “Evonet” test network every roughly six weeks. 3097 Total views 42 Total shares The developers behind major privacy-focused cryptocurrency Dash (DASH) announced that they expect to update the project’s “Evonet” test network every roughly six weeks.According to an April 17 announcement, the Dash Core Group…

South Korean crypto exchange Bithumb, currently the world’s sixth largest by daily traded volume, will open a global decentralized crypto exchange, Business Korea reports Oct. 4.Bithumb has partnered with blockchain firm One Root Network (RNT), which has developed an Ethereum (ETH)-based decentralized token transaction protocol dubbed “R1” and already operates a decentralized exchange (DEX). According…

Google Cloud’s report exposes North Korean cybercriminals targeting Brazil’s cryptocurrency and fintech sectors with sophisticated malware and phishing schemes.

Amid growing skepticism about CommEx — the mysterious buyer of Binance’s Russian division — the newly launched firm has continued denying Binance’s ownership involvement.On Sept. 29, CommEx issued an open letter to the community, reiterating that the company is not owned by Binance, which announced its exit from Russia by selling the firm to CommEx.“Although