Liquid has hit unicorn status with the first close of an ongoing Series C funding that puts the company valuation at over $1 billion. Japanese crypto trading platform Liquid has hit unicorn status with the first close of an ongoing Series C funding that puts the company valuation at over $1 billion. The news was […]
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Coinbase has revealed details of its insurance coverage for its hot wallet crypto holdings, reportedly covering a $255 million limit via a Lloyd’s of London-registered broker. Major American cryptocurrency exchange Coinbase has revealed details of its insurance coverage for its hot wallet crypto holdings, reportedly covering a $255 million limit via a Lloyd’s of London-registered […]
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American venture capital firm Andreessen Horowitz has renounced its venture capital exemptions and registered as a financial advisor. American venture capital firm Andreessen Horowitz is restructuring by registering all of its employees as qualified financial advisors, Forbes reported on April 2. Andreessen Horowitz — a Silicon Valley company specializing in investing mostly in technology and […]
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The venture capital firm has noted fluctuated conditions over the past three years in the crypto and blockchain industry. United States blockchain and cryptocurrency-focused venture capital company Digital Currency Group (DCG) has made almost 130 investments in the industry to date, the firm revealed in a blog post on April 1. Summarizing its performance since […]
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Indian cryptocurrency exchange Coindelta is terminating its services in light of the adverse operating climate for crypto businesses in the country. Indian cryptocurrency exchange Coindelta is terminating its services in light of the adverse operating climate for crypto businesses in the country. The development was announced in an official blog post on March 30. Eighteen […]
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A founder of IOHK — the firm behind the cryptocurrency Cardano — said that the crypto industry needs more interoperability. Charles Hoskinson, a founder of IOHK, the firm that developed cryptocurrency Cardano (ADA), said that the cryptocurrency industry needs a “WiFi or Bluetooth moment” in an interview with media outlet Cheddar on March 28. Speaking […]
Continue ReadingSwiss president Ueli Maurer has stressed that regulation for the blockchain sector should be fast and clear. The president of the Swiss Confederation, Ueli Maurer, has stressed that establishing regulation for the blockchain sector should be fast and clear. Maurer made his remarks at the CV Crypto Valley Summit in Zug on Wednesday, according to […]
Continue ReadingADAF is a project that aims to establish compliance-focused, cross-border blockchain standards for the African continent. The African Digital Asset Framework (ADAF) — a project that aims to establish compliance-focused, cross-border blockchain standards for the African continent — published the first version of its guidance for initial coin offerings (ICO) on March 25. ADAF is […]
Continue ReadingVitalik Buterin has argued that crypto should evolve beyond the individualism associated with its early cypherpunk days and focus on creating equitable and innovative social systems. Ethereum (ETH) co-founder Vitalik Buterin has argued that the crypto community should evolve beyond the individualism associated with its early cypherpunk days and harness technology to create new, equitable […]
Continue ReadingFinnish Parliament approved new legislation that will provide a legal status for cryptocurrency assets on March 13, 2019. International peer-to-peer (P2P) crypto exchange LocalBitcoins will soon become supervised by the Financial Supervisory Authority of Finland, as the firm announced on its blog on March 25. Helsinki-based LocalBitcoins wrote that the Finnish Parliament approved new legislation […]
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