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SEC is open to discussion when it comes crypto. Kraken chief lawyer

Marco Santori, Kraken’s chief legal officer (CLO), points out the hostile stance that some crypto firms have taken towards regulators. Kraken’s Chief Legal Officer (CLO), Marco Santori, has spoken out to highlight the antagonistic stance taken by some crypto firms towards regulators in the midst a difficult period for high-profile US crypto firms. The exchange’s […]

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Altcoin roundup – DeFi is more than just providing liquidity

While the Bitcoin price has fallen, crypto investors still have plenty of yield opportunities due to DeFi. The decentralized finance sector (DeFi), has been a constant headline throughout 2021. To date, hundreds of billions in crypto assets have been locked on protocols across multiple blockchain networks and are earning a yield for their owners. Uniswap […]

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Chinese regulators join forces to crackdown on crypto

To continue fighting crypto, the Chinese central bank has set up a “coordination system” with state agencies. To combat cryptocurrency, the Chinese central bank has established a “coordination mechanism” with state agencies. The announcement stated that the institutions and authorities involved have made significant improvements to crypto monitoring platforms in order to identify illegal transactions […]

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Deutsche Bank analyst: Bitcoin is ‘ultra-volatile’ but it’s here for the long haul

Deutsche Bank’s research division believes that Bitcoin will have a “first-mover advantage over other cryptocurrencies in the near future. An analyst at Deutsche Bank’s Research Division, Marion Laboure, stated that she can see Bitcoin becoming the 21st-century digital gold. However, she cautioned investors about the volatility of the crypto asset. According to the analyst, most […]

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One River Digital raises $41M with Coinbase and Goldman Sachs

One River Digital has secured the first ever raise to expand its crypto-focused institutional investments. One River Digital, a cryptocurrency-focused hedge fund offering exposure to Bitcoin (BTC) and Ether (ETH), has closed its first funding round after launching last year.One River Digital president Sebastian Bea confirmed Wednesday that the company had raised $41 million in […]

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Solana DEX raises $18M Series B from Three Arrows Capital and Coinbase Ventures

The Orca fundraiser saw participation from several prominent investors, including Three Arrows Capital and Polychain Ventures. Orca, the Solana ecosystem project, has closed a $18 million Series A round of investment led by some top crypto venture funds. This is further evidence that prominent investors are interested in supporting SOL-based startups. Orca, a decentralized exchange […]

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eToro contributes $1M to GoodDollar’s universal basic income project

The number of crypto-focused charities continues to grow. GoodDollar is a global UBI program that eToro uses to promote financial inclusion and literacy. eToro, a cryptocurrency investment platform, has donated $1 million to the GoodDollar universal income protocol. This money will support the nonprofit’s efforts to close the global wealth gap using DeFi and smart […]

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Crypto Twitter is furious after John Wall, NBA star, posted a Fortnite background to his NFT.

“Celebs really believe they can enter an industry they don’t know anything about, never interact in the community, and then launch a scam project that they’ll abandon within 3 months?” asked Twitter user 0x_fxnction. Twitter user 0x_fxnction asked if the team behind John Wall’s non-fungible token may have taken inspiration from Fortnite. Wall’s preview featured […]

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