Category Archive: Cryptocurrency, No picture
SEC Delays Robinhood IPO Due to Crypto Ties: Report
The SEC has reportedly delayed Robinhood from holding an IPO due to concerns over the trading’s app crypto business. Robinhood IPO Affected by Crypto The Securities and Exchange Commission (SEC) has stalled Robinhood from holding an IPO due to the firm’s crypto pursuits, Bloomberg has reported. According to sources quoted in the report, the U.S. […]
FTX Exchange Reportedly Looking to Buy into Stocktwits
Key Takeaways FTX is reportedly in talks with Stocktwits over a $20 million investment deal. The deal also comes with the option for FTX to obtain Stocktwits outright. The move follows a long list of previous sponsorships as FTX looks to promote its services to a broader audience. This Exchange News was brought to you […]
El Salvador to Distribute $30 in Bitcoin to Adult Citizens
Key Takeaways Every Salvadoran adult citizen who downloads the country’s official wallet will receive a free $30 worth of Bitcoin, President Nayib Bukele announced last night. The country’s Bitcoin law will come into effect on Sep. 7. If 4.5 million Salvadoran adults start using Bitcoin, it will represent a 2.5% growth in Bitcoin’s global user […]
Did John McAfee Put a Dead Man’s Switch on Ethereum?
Key Takeaways Tech entrepreneur John McAfee was reported dead yesterday after allegedly committing suicide in his Spanish prison cell. Some have speculated that McAfee had a dead man’s switch designed to leak government data upon his death. It is not clear that McAfee had such a plan, and if he did, it is unlikely that […]
Gitcoin Submits To Akita Inu Threats Over Donated Coins
Key Takeaways Gitcoin has changed its plans to sell 100% of the AKITA tokens it received from Vitalik Buterin. The Akita Inu team threatened Gitcoin with a token fork to prevent a liquidation. Under the new plan, Gitcoin will be set up a contract to sell and also burn Akita tokens simultaneously. Popular dog coin […]
Beeple Launches “Iconic Moments” NFT Project
Key Takeaways Beeple has co-founded a new NFT project called WENEW. The project will sell iconic cultural moments from the worlds of music, sport, comedy, history, and more. It launches with a selection of NFTs related to Andy Murray’s Wimbledon 2013 victory. Beeple-backed NFT project WENEW launches with a selection of moments from Andy Murray’s […]
Andreessen Horowitz Launches $2.2 Billion Crypto Fund
After successfully exiting Coinbase, venture capitalist Andreessen Horowitz has launched a new $2.2 billion crypto fund to invest in blockchain and digital asset startups. Venture Fund’s Bullish Crypto Bet Andreessen Horowitz has opened a $2.2 billion crypto fund. The American investment firm announced its new “Crypto Fund III” Thursday. The fund is co-led by Chris […]
DeFi Tokens Continue to Plummet Amid Market Slump
This news was brought to you by ANKR, our preferred DeFi Partner. DeFi continues its downward trend. Aave, Compound, and Maker are all trading in the red again today. DeFi Tokens Face Sell Pressure DeFi is suffering as uncertainty grips the crypto market. Aave, Compound, and Maker recorded losses of around 8% today, continuing a […]
Africrypt Founders Disappear With $3.6 Billion in BTC
Key Takeaways The founders of Africrypt have disappeared with $3.6 billion worth of Bitcoin. Africrypt, founded in 2019, was one of the most popular exchanges in South Africa. While police is searching for the brothers, a formal investigation can’t be started as South Africa doesn’t recognize cryptocurrencies as a financial product. In one of the […]
Ripple Wants Former SEC Member to Testify In Case
Key Takeaways Ripple aims to bring a former SEC member to court to testify. That individual could be former SEC chair Jeff Clayton or another official who has left the SEC in recent months. Meanwhile, the SEC is attempting to block Ripple’s request. This Exchange News was brought to you by OKCoin, our preferred Exchange […]
