Nexo Launches a $150 Million Fund to Invest in Web3
Interest in Web3 continues to increase as more companies race to invest in the next big thing. Nexo – a well-known crypto participant – is the latest to jump on…
Auto Added by WPeMatico
Honduras Will Not Adopt Bitcoin as Legal Tender, Central Bank Implies
Today, the Central Bank of Honduras (CBH) assured that for now, the country has no intention of following in the footsteps of El Salvador, extinguishing the FOMO sparked by rumors…
Coinbase Cloud Launches Suite of Blockchain Infrastructure Solutions for Avalanche
Web 3 and blockchain infrastructure provider Coinbase Cloud has announced the launch of a suite of blockchain solutions and services for the growing Avalanche ecosystem. Coinbase Cloud revealed running a…
El Salvador’s $1B Bitcoin Bond Offering Delayed: Will Wait for Favorable Market Conditions
Retail and institutional investors will have to wait further for the $1 billion Bitcoin Bonds as El Salvador has postponed its planned offering. Amidst geopolitical turmoil, the country’s Finance Minister…
Solana Exploit: $50 Million Stolen from Infinite Stablecoin Minting Glitch
About $50 million has been robbed from a Solana-native stablecoin protocol using a ‘fake account’ exploit. This apparently allowed the hacker to mint an unlimited amount of CASH, which the…
Polkadot Parachains, Venture Funds Launch $250 Million Acala Ecosystem Fund
Acala has teamed up with eight Polkadot parachain teams and several supporting venture funds, to launch a $250 million aUSD Ecosystem Fund. It will be used to back upcoming startups…
Wall Street Bank Cowen Launches Spot Crypto Trading for Institutions (Report)
Institutional clients of the New York-based independent investment bank will be able to get spot crypto trading services. This comes after multiple other Wall Street investment banks started offering various…
Former a16z General Partner Raises $1.5 Billion to Invest in Crypto and Web3
After leaving a16z, Katie Haun announced plans to raise nearly a billion dollars to invest in various crypto projects, including NFTs and Web3. However, she broke her own expectations by…
Japanese Crypto Exchanges to Expedite Coin Listings to Keep Up
The move to simplify the listing process is part of a broader push to increase the number of digital assets that can be traded in the country. The Japan Virtual…
Thailand Bans Crypto Usage for Payments: Report
Thailand continues with its rather controversial relationship with the cryptocurrency industry by implementing a ban on using such assets as a means of payment. The nation warned that they could…