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Kraken Ventures Raises $65 Million to Invest in Web3, Defi, Blockchain Startups and Protocols

Kraken Ventures Raises  Million to Invest in Web3, Defi, Blockchain Startups and ProtocolsThe independent investment fund led by Kraken alumni that’s focused on early-stage companies and protocols, Kraken Ventures, announced the successful closing of its first fund at $65 million. Presently, the fund holds positions in platforms like Hashflow, Pstake, Acala, Blockdaemon, Anchorage, and Messari. Kraken Ventures Reveals $65 Million Fund I LP There’s been an enormous […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Korean Officials Quit Jobs to Join Crypto Industry, Lawmaker Reveals

Korean Officials Quit Jobs to Join Crypto Industry, Lawmaker RevealsPublic officials in South Korea are increasingly choosing career opportunities in the cryptocurrency sector. Some of them come from financial authorities which raises ethical questions, according to the findings of a Korean lawmaker, quoted by local media. Former Financial Officials Hired by Major Korean Exchanges A growing number of officials in Seoul are vacating their […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Blockchain Industry to Surpass $67 Billion by 2027: Fintech Report Names 2021’s Most Influential Blockchain Companies

Blockchain Industry to Surpass  Billion by 2027: Fintech Report Names 2021’s Most Influential Blockchain CompaniesFinancial technology (fintech) has exploded during the last two years and cryptocurrency and blockchain firms have bolstered the billion-dollar industry. A recently published study by Utility Bidder indicates that the industry is predicted to surpass $382 billion by 2027. Moreover, fintech firms that are blockchain-specific are projected to be worth over $67.4 billion by 2027. […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Paradigm Launches $2.5 Billion Venture Fund to Invest in Next Generation of Crypto Companies and Protocols

Paradigm Launches .5 Billion Venture Fund to Invest in Next Generation of Crypto Companies and ProtocolsInvestment firm Paradigm has launched a $2.5 billion venture fund to invest in the next generation of crypto companies and protocols. The firm believes that the “new fund and its size are reflective of crypto being the most exciting frontier in technology.” $2.5 Billion Fund for Crypto Industry Investment firm Paradigm announced Monday the launch […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Singapore Strives to Become Global Crypto Hub, Monetary Authority Reveals

Singapore Strives to Become Global Crypto Hub, Monetary Authority RevealsSingapore, already a major financial center in the world, is now aiming to become a cryptocurrency hub as well. The city-state is seeking to secure its role as a leading player in the crypto space, the head of its central banking institution has indicated in recent comments. Singapore to Establish Itself as Center for Crypto […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Bank of Russia Lists Crypto Companies Among Financial Pyramids

Bank of Russia Lists Crypto Companies Among Financial PyramidsThe Central Bank of Russia has recently expanded its database of financial market players suspected of illicit activities. Several crypto companies have been added to the list along with entities bearing signs of Ponzi schemes, as well as illegal credit organizations and forex dealers. Central Bank of Russia Blacklists Crypto Platforms As part of its […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Banks in Kazakhstan to Open Accounts for Registered Crypto Exchanges

Banks in Kazakhstan to Open Accounts for Registered Crypto ExchangesCompanies providing trading services for digital assets will be able to open accounts with banks in Kazakhstan, local media reported, quoting the country’s crypto industry association. The service should allow Kazakhs to legally invest in cryptocurrencies and cash out their profits. Crypto Exchanges in Kazakhstan to Be Offered Banking Services Kazakh banks will be permitted […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Crypto Companies Establish Presence, Hire Talent in Ireland

Crypto Companies Establish Presence, Hire Talent in IrelandWith a friendly attitude towards financial innovation, the Republic of Ireland has become a desired destination for fintech businesses that need unimpeded access to the common European market. Cryptocurrency companies have been opening offices in the EU member state with some well-known players now looking to hire local talent. Major Crypto Companies Set Up European […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

US Regulators Have Imposed $2.5 Billion Penalties on Crypto Firms and Individuals

US Regulators Have Imposed .5 Billion Penalties on Crypto Firms and IndividualsA new report shows that U.S. regulators have imposed fines and penalties totaling $2.5 billion on crypto firms and individuals so far. The U.S. Securities and Exchange Commission (SEC) has imposed the most fines, followed by the Commodity Futures Trading Commission (CFTC). Meanwhile, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) is the latest […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

FCA Warns 111 Crypto Firms Are Operating Illegally in UK — Says ‘This Is a Very Real Risk’

FCA Warns 111 Crypto Firms Are Operating Illegally in UK — Says ‘This Is a Very Real Risk’U.K.’s financial regulator, the Financial Conduct Authority (FCA), has warned that 111 companies are offering crypto services in the country without proper registration. “This is a very real risk so we are worried about that,” said the regulator’s head of enforcement and market oversight. 111 Unregistered Firms Operating in the UK Britain’s financial watchdog, the […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’