Singapore’s asset manager Whampoa Group plans to set up a venture capital fund and a crypto hedge fund for investments in digital assets. Upon early estimations, the company intends to allocate $100 million. $100 Million Venture Capital Fund The group has earmarked $100 million for the venture fund while it plans to raise $50 million...Read More
Queen Elizabeth II passed away yesterday (September 8) at the age of 96, after wearing the British crown for 70 years and 214 days. The death of the longest reigning monarch in the UK’s history was met with sorrow all over the globe, but it also attracted the crypto community. Hours after the news, memecoins...Read More
Singapore’s largest bank DBS announced a partnership with Ethereum-based gaming platform The Sandbox to design an interactive metaverse experience – DBS BetterWorld – as part of its broader roadmap to explore Web 3 opportunities for its customers. The latest deal marks the foray of the first Singaporean entity to collaborate with the Animoca Brands’ subsidiary...Read More
Dogecoin co-creator Jackson Palmer is back with more harsh words for the crypto industry, community, and its influencers. This time, he’s after Mark Cuban. The Adobe engineer accused the investor of running a “grift” by trying to claim a stake in the “extractive, grifty system of cryptocurrency.” Drinking the Crypto Kool-Aid In an interview with...Read More
Terra Classic is building a powerful storm in the cryptocurrency market as the token has surged over 250% in September till now. The terra classic (LUNC) has gained an incredible increase of 463% over the last month. The crypto community has continued to push LUNC due to its newly introduced staking service and burning-token feature....Read More
With energy sources getting expensive rapidly, the environmental impact of validating PoW crypto-assets is being studied intensely. The White House’s latest report mentions the excessive usage of energy by several industries, including cryptocurrency mining, was brought up by IOG CEO Charles Hoskinson. He went on to say that the paper, published on the order of...Read More
Although negative sentiments dragged the Bitcoin price down drastically over the last few days, the asset is now displaying strength and continuing upward; it is up by 1.85% today, currently trading for $19,296. The asset’s price has a direct correlation with the U.S. Federal Reserve’s increase in interest rates. Similar selling pressure was still present...Read More
Tl;dr: In this piece we share critical lessons about the nature of the Celer Bridge compromise, attacker on-chain and off-chain techniques and tactics during the incident, as well as security tips for similar projects and users. Building a better crypto ecosystem means building a better, more equitable future for us all. That’s why we are...Read More
After the market turmoil that brought massive pain to numerous crypto-related companies, FTX continues to channel money into such entities. The latest one in which the SBF-spearheaded organization will acquire a large stake is SkyBridge Capital. According to a CNBC report from earlier on September 9, FTX Ventures will take a 30% stake in SkyBridge...Read More
[PRESS RELEASE – Please Read Disclaimer] Ever catch yourself wishing you didn’t have to use separate platforms for buying, swapping, staking, and gaming with your crypto? Are you tired of cross-platform fees, long lists of 2FA codes – and passwords you can’t hope to remember? Finblox, a popular Hong Kong-based crypto platform – seeks to...Read More
[PRESS RELEASE – Buenos Aires, Argentina, 8th September 2022] BC.GAME, the award-winning crypto casino, and the Argentine Football Association (AFA) have entered into a global sponsorship agreement. The deal will open an international pathway for both brands to reach a broader audience and drive synergies between the organizations and casino players. Fans and players from...Read More
As prices slumped and markets crashed during 2022, many companies in the blockchain sphere were forced to lay off staff. This was not limited to the now infamous firms that were at the heart of the crash – even major, otherwise, well-managed firms like Coinbase, Gemini, or OpenSea were forced to cut operational costs, both...Read More
While major cryptocurrencies are under bear control, the new version of collapsed Terra (LUNA), Terra Classic (LUNC) has been enjoying its bullish momentum for a month now. In the initial stage of its introduction, there has been a lot of controversy due to its 99% loss in a year. At the time of writing, Terra...Read More
This article is part of our new series of crypto research content, produced by Bitcoin Magazine team and sponsored by BitMEX. To learn more about our wide-ranging partnership with Bitcoin Magazine, click here. European Energy Crisis Progressing In last Thursday’s Bitcoin Magazine dispatch, they covered the dynamic of this inflationary bear market, where the conditions...Read More
