Japan moves closer to allowing venture capital firms and other investment funds to hold digital assets directly. Prime Minister Fumio Kishida’s administration agreed to submit a revised bill to implement the change. … [Read more...] about Japan to allow VCs to invest directly in crypto and Web3 startups
Circle ends support for USDC on Tron blockchain, citing risk management concerns
Circle, the issuer of the USD Coin (USDC) stablecoin, has announced the cessation of its support for USDC on the Tron blockchain. … [Read more...] about Circle ends support for USDC on Tron blockchain, citing risk management concerns
Binance Launchpool Announces Portal as 47th Project
Binance has announced the 47th project on Binance Launchpool – Portal (PORTAL), a cross-chain gaming platform, with a mission to onboard more players to Web 3.0. … [Read more...] about Binance Launchpool Announces Portal as 47th Project
BlackRock bitcoin ETF sees record Inflows, holdings reach new heights
In a significant milestone for the cryptocurrency market, BlackRock's bitcoin exchange-traded fund (ETF) has experienced record inflows, propelling its holdings to unprecedented levels. Reports indicate that the ETF's holdings have surged past 100,000 BTC, reflecting a growing appetite for digital assets among institutional investors. … [Read more...] about BlackRock bitcoin ETF sees record Inflows, holdings reach new heights
NFTs herald a new era of digital ownership, says Animoca founder
In a compelling narrative that positions non-fungible tokens (NFTs) as central to the evolution of digital capitalism, Animoca Brands' founder has shed light on how these digital assets are redefining ownership and value exchange in the internet age. According to the visionary leader, NFTs are not just a passing trend but foundational elements that support a new structure of … [Read more...] about NFTs herald a new era of digital ownership, says Animoca founder
Bakkt’s uncertain future: A cautionary tale in the crypto landscape
In a stark revelation that has rippled through the cryptocurrency community, Bakkt, once hailed as a pioneering platform bridging the gap between digital assets and traditional finance, has issued a warning about its ability to continue operating. The firm's recent filings with the Securities and Exchange Commission (SEC) highlighted "substantial doubt" regarding its ongoing … [Read more...] about Bakkt’s uncertain future: A cautionary tale in the crypto landscape
Bitcoin-friendly president wins re-election in El Salvador
El Salvador’s pro-bitcoin president Nayib Bukele declared his win in the 2024 presidential election held on Sunday. … [Read more...] about Bitcoin-friendly president wins re-election in El Salvador
Tether releases Q4 2023 financial report, showing remarkable growth
Tether, issuer of the largest stablecoin by market capitalization, recently published its financial report for the fourth quarter of 2023. … [Read more...] about Tether releases Q4 2023 financial report, showing remarkable growth