VanEck launches $30M ventures fund for crypto and AI
VanEck’s new $30 million fund, VanEck Ventures, will focus on investment in fintech, crypto and AI startups building next-generation payments.
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Bitcoin index falls to ‘extreme fear’ as BTC fails twice to breach $60K
Bitcoin’s fear and greed index has tumbled to “extreme fear” for the first time since January 2023, as BTC struggles to reclaim a crucial price level.

Crypto-friendly faces poised for positions in Biden administration
As the United States Senate begins confirming leadership posts across commerce and the treasury, there has been meaningful momentum in the crypto community as a response. This is due to the profiles of various individuals who have been reportedly nominated, as well as the anticipated economic measures by the coming administration — both of which…

Bans and brands: What centralization does to businesses
The failures of centralization in protecting individual and business data have been highlighted repeatedly over the past few years. Facebook, Google, Twitter, Microsoft, Sony and many more have all faced large-scale data hacks that have exposed the private information (and more) of their customers. The problem is not just data theft — banks, financial institutions…

Nigerian crypto exchange’s token launch draws scrutiny
This development follows the company's previous disclosure of a security breach resulting in fund losses in May 2023. Patricia, a Nigerian cryptocurrency exchange, has revealed the introduction of its own native token named Patricia token (PTK). However, this launch has generated more doubt than applause within the local cryptocurrency community.Native tokens are digital assets that…

Twitter, Square Founder Jack Dorsey Says ‘We Love You Bitcoin’
Jack Dorsey — founder of social media giant Twitter and Bitcoin (BTC)-supporting payments provider Square — has said: “we love you Bitcoin.”During an earnings call devoted to Square’s Q2 2019 results, Dorsey recognized the eye-popping impact that introducing Bitcoin support had on the company’s Cash App revenue. ‘Delivering on economic empowerment’In his remarks, Dorsey noted that…

US SEC Delays Decision on Bitcoin ETF Applications From VanEck and Bitwise
The United States Securities and Exchange Commission (SEC) has delayed its decision on a rule change to the Securities Act that would allow the listing of Bitcoin (BTC) exchange-traded funds (ETF). The SEC published its decision in a public notice on March 29.Bitwise filed its application with NYSE Arca on Feb. 15 under the condition…

Cleaning Up Crypto Exchange Wash Trading Will Take Global Regulation
When Bitwise Asset Management declared in a March 2019 presentation to the United States Securities and Exchange Commission that 95% of the Bitcoin (BTC) trading volume being reported globally on cryptocurrency exchanges was “fake,” it jolted rating firms, exchanges and the larger crypto world. Data analytics firms recalibrated their exchange ranking metrics, and some assumed…

Bitcoin price sheds 3% as $6B leaves Mt. Gox cold wallet
Mt. Gox appears to be shifting funds from cold storage in preparation for distribution to creditors, with nearly 100,000 BTC in outflows on July 16.