Solana Launches $20M Fund with Korean VC Firm
Jun 03, 2021
Jeremy Parkinson
Cryptocurrency, No picture
This news was brought to you by ANKR, our preferred DeFi Partner. The Solana Foundation and South Korean blockchain accelerator firm ROK Capital are launching a $20 million fund to develop the Solana ecosystem. Ethereum Competitor Attracts Capital The Solana Foundation and ROK Capital are starting a $20 million fund, it was announced Thursday. It’s […]
Novogratz’s Cryptology to Invest $100M in Crypto Funds
Jun 03, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Cryptology says it wants to partner with its portfolio funds to invest in promising blockchain companies. Cryptology Readies $100 Million Investment Cryptology Asset Group, an investment firm co-founded by Mike Novogratz and Christian Angermayer, has put aside $100 million to back crypto venture funds. The company announced the update in a Thursday press release, detailing […]
Crypto Briefing’s CB10 Index Makes Room for ETH, ADA
Jun 03, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways The June rebalancing of Crypto Briefing’s CB10 was performed at 10:00 AM EST on Jun. 1. Cardano, Dogecoin and Ethereum were the top performers of the index last month. Polygon’s MATIC replaced Solana with a 0.99% allocation. Crypto Briefing’s CB10 index of the top ten cryptocurrencies weighted by market capitalization yielded a negative […]
U.K. Extends Registration Deadline for Crypto Companies
Jun 03, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways The UK’s financial regulator has extended the registration deadline for crypto businesses. The registration period now ends on Mar. 31, 2022. The FCA had ordered crypto businesses operating in the U.K. to register before Jan. 10, 2021. Only five business have passed the FCA’s registration process so far. The U.K.’s financial regulatory body […]
Crypto Venture Firm Sanctor Capital Announces Launch
Jun 03, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Sanctor Capital, an investment management firm focused on the crypto space, has launched. The fund will provide capital and mentoring to crypto entrepreneurs. Sanctor Capital’s partners include Crypto Briefing’s founder and early team members. The team behind Sanctor Capital hopes to empower the next generation of crypto builders. Sanctor Capital Details Mission The […]
Who Is Greg, Dogecoin’s Latest “Fake” CEO?
Jun 02, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Dogecoin co-creator Billy Markus was erroneously called Dogecoin’s CEO this week in a news article from Tech Times. Markus took advantage of the mistake to pass off the non-existent role to Greg, one of Dogecoin’s top meme accounts. Dogecoin spawned a similar meme in 2019, when Elon Musk of Tesla called himself the […]
Google Is Rethinking Its Stance Against Crypto Ads
Jun 02, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Google has updated its advertising policy for crypto companies. Though the new policy has stricter registration requirements, it makes room for online crypto wallets to advertise. Google’s new policy will take effect this August. Google has updated its advertising policy, clearly delineating which cryptocurrency companies are able to advertise on its services. Crypto […]
NFT Marketplace Metaplex to Launch on Solana
Jun 02, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Solana is getting a new NFT marketplace called Metaplex. The platform will allow creators to mint and sell non-fungible tokens through an easy-to-use marketplace. Most NFTs live on Ethereum today, but the expense of the chain could help the space flourish on Solana. Solana gets a new NFT platform. NFT Marketplace Heads to […]
SEC Loses Motion to Gain Access to Ripple’s Legal Files
Jun 02, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways The judge ruling over Ripple’s lawsuit has denied the SEC’s request to access the firm’s legal documents. The SEC had filed a motion requesting access to Ripple’s legal conversations with lawyers over whether XRP was a security. In the request, the SEC wrote that it needed access to memos so it could refute […]
Guggenheim Files New Fund, May Allocate to Bitcoin
Jun 02, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Guggenheim doubles down: the investment giant has registered a new fund that may make an allocation to Bitcoin. Guggenheim Adds Crypto Fund Guggenheim Partners LLC, an investment management firm that commands $245 billion in assets, has registered a new investment fund that may allocate to cryptocurrencies. The firm filed a registration with the Securities and […]