Robinhood reportedly saw record revenue growth amid the coronavirus pandemic, anonymous sources reveal. Popular stock and cryptocurrency trading app had a lot of problems in March, and is reportedly trying to make up for it with help from a new injection of cash. According to Bloomberg, Robinhood is in the process of raising $250 million […]
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Arrano Capital, the blockchain arm of Venture Smart Asia, announced they had met the regulatory requirements in HK to launch a crypto fund. Venture Smart Asia has launched Hong Kong’s first approved cryptocurrency fund with a target of $100 million under management for its first year. According to an April 20 Bloomberg report, Arrano Capital, […]
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Binance CEO Changpeng Zhao criticized venture capital fundraising while speaking at the BlockDown 2020. Binance founder and chief executive, Changpeng Zhao, took aim at initial public offerings, or IPOs, and venture capital fundraising while speaking at the recent BlockDown 2020 conference. Despite the recent decline in crypto investment, Changpeng Zhao, or CZ, expressed confidence that […]
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Leading Chinese DeFi protocol has lost 99.95% of locked funds in a nearly $25 million hack. Chinese decentralized finance, or DeFi, protocol dForce has been exploited in a $24.95 million hack that has resulted in its Lendf.Me lending platform going offline. According to DeFi data aggregator DeFi Pulse, the total value of funds locked in […]
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Most crypto analysts believe that proper regulation is needed when it comes to promoting the legitimacy of stablecoins. According to a study released by the G-20’s Financial Stability Board on April 14, stablecoins pose a pertinent risk to the financial stability of the global economy and therefore need to be regulated in a manner that […]
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Swiss Crypto Valley Assoc President said that the Coronavirus pandemic had a major impact on the local crypto ecosystem. The President of the Swiss Crypto Valley Association, or CVA, said that the Coronavirus pandemic had a major impact on the local crypto ecosystem. A recent report claims that the representatives of nearly 80% of crypto […]
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Crypto Finance AG, the operator of several institution-oriented crypto businesses, has raised $14.5 million in a Series B funding round led by investors from across Europe and Asia. Crypto Finance AG, the operator of several institution-oriented crypto businesses, has raised 14 million Swiss francs ($14.5 million) in a Series B funding round led by well-known […]
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Eterna and Borderless Capital join forces to launch a venture studio to accelerate DApp development on the Algorand network. Blockchain investment company Eterna and venture capital fund Borderless Capital have teamed up to launch Eterna Borderless Venture Studio, to support projects on the Algorand platform. The aim is to drive adoption and growth by providing […]
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Multicoin Capital has lead a $1.5 million fundraising round in top Chinese DeFi “super-app” platform dForce. Blockchain and cryptocurrency venture capital firm Multicoin Capital has led a $1.5 million seed round for Chinese decentralized finance (DeFi) protocol dForce. Mable Jiang, the principal of crypto venture capital firm Multicoin Capital, told Cointelegraph that dForce’s plan to […]
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The crypto-based emergency app has seen its popularity explode amid the coronavirus crisis. Crypto-based emergency app Guardian Circle has seen a huge surge in monthly downloads due to the coronavirus crisis. According to figures supplied by the project to Cointelegraph, more than 5150 new users downloaded the app in March. That represents monthly growth of […]
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