Sequoia Capital Launches Two New Funds to Expand Web3 Investment
Global venture capital and growth investor Sequoia Capital has announced the launch of two new funds – a $2 billion early-stage venture, and growth product for India as well as…
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We Bought More Bitcoin and Ethereum During the Crash, Says Anthony Scaramucci
The Founder of SkyBridge Capital – Anthony Scaramucci – advised investors to remain disciplined amidst the ongoing crypto havoc. He compared the months-long selloff to the Internet bubble burst in…
Ripple CEO: This Downturn Shall Pass Too
Yesterday was one of the worst days in the history of crypto; prices crashed harder, crypto companies cut jobs, the Fed hinted at hiking rates, Binance halted BTC withdrawals, and…
Following LUNA-UST Crash: South Korea’s Top Crypto Exchanges to Establish a Joint Consultative Body
The five leading cryptocurrency exchanges in South Korea – Upbit, Bithumb, Coinone, Korbit, and Gopax – will reportedly set up a joint consultative body that will oversee the local digital…
NYC Mayor Adams Will Urge Gov. Hochul to Veto Anti-Bitcoin Mining Bill (Report)
New York City Mayor Eric Adams has spoken against the bill that seeks to impose a two-year moratorium on bitcoin mining plants, which are not 100% run by renewal energy…
If Bitcoin Breaks This Level, Expect Massive Sell-Off: Arthur Hayes
With fears of an inflationary wave sinking portfolios, investors are not only dumping bonds and trimming their equity positions but are also offloading crypto-assets. The current sentiment of pessimism is…
Mike Novogratz Believes Ethereum (ETH) Will Hold $1K
It’s been a rough start to the week for crypto investors. The total market cap slumped below $1 trillion for the first time in 18 months. Bitcoin spearheaded the crash,…
Inside Job? Wallet That Caused the UST Attack Suspected to Belong to Terraform Labs (Report)
Terraform Labs grabbed the attention of the entire crypto community last month when its two native digital assets deteriorated in days, leaving only a failed restarted project. However, a recent…
TRON’s USDD Stablecoin Losing Peg as TRX Price Slumps
The unfortunate tales of algorithmic stablecoins losing their pegs continue. This time, it’s TRON’s USDD that’s in the spotlight, trading at 2% below dollar parity. Following the UST-Terra fiasco, another…
El Salvador’s Fiscal Risk Is Extremely Minimal Despite BTC’s Crash, Says Finance Minister
The first nation to legalize BTC inside its borders sits on a substantial unrealized loss from its bitcoin stack. However, its Finance Minister, Alejandro Zelaya, reassured that the most recent…
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