‘Golden Boys’ behind Compound ‘governance attack’ agree to rescind proposal

Venture capital investment in crypto projects topped $25 billion in 2021, more than the sum of the last ten years. 530 Total views 20 Total shares Bain Capital Ventures, one of the world's largest startup-investment firms with $5.1 billion in assets under management, has announced the formation of a new $560 million fund that will…

A survey showed that more than 70% of respondents believe they have the right tools to become crypto billionaires. 263 Total views 46 Total shares While some Americans believe that they could become billionaires by trading cryptocurrencies, some Redditors think that it may be better to aim for lower and more reasonable goals, such as…

Belgium’s Financial Services and Markets Authority (FSMA) has updated a blacklist of crypto-related websites associated with fraud, according to an official statement on April 4.Following a previous crypto-related scam blacklist update in December 2018, the FSMA has added seven new crypto trading platforms where it has found signs of fraud.The blacklist now includes a total…

A few months ago, the crypto industry was shaken up by the news of the mass exodus of miners from China. At the end of May 2021, it became known that the Chinese authorities were going to ban Bitcoin (BTC) mining, bringing the already existing regulatory pressure on miners to a breaking point.The list of…

Fundstrat’s Tom Lee believes Bitcoin (BTC) will accrue price value following a similar logic to the Silicon Valley tech titans.During an interview for CNBC’s Street Signs Asia on show on Nov. 15, Lee argued that cryptocurrencies “are network value assets” — and share this with the world’s most successful tech stocks.“Network value assets”Lee — a…

"I don't have Bitcoin, and I'll never ask you to send me any," said Joe Biden. 1127 Total views 8 Total shares In recognition of Presidents’ Day, Cointelegraph is taking a look at the remarks of current and former leaders of the United States regarding crypto and blockchain.One of the earliest presidential adopters, Bill Clinton…

Core Scientific has rejected a multi-million-dollar administrative claim from Celsius Network, arguing it's owed an even higher amount from the crypto lender. 182 Total views 2 Total shares Bankrupt Bitcoin (BTC) mining firm Core Scientific has objected to paying a $4.7 million administrative claim put forward by crypto lender Celsius Network, leading to a battle…

Last week, a report claimed that cryptocurrency-based illegal gambling has surged in many parts of Asia owing to the rise of this novel asset class in recent years. In this regard, the article further added that over the course of the last five years or so, betting amounts have become substantially larger, partly because of…

Circle has released its reserve report for December 2022 highlighting over-collateralized asset holdings currently backing 44.5 billion USDC tokens in circulation. 290 Total views 6 Total shares Own this piece of history Collect this article as an NFTUSD Coin (USDC) issuer Circle has released an accountant-verified report of its treasury reserve holdings backing more than…