Electric Capital closes $1 billion in funds to back crypto startups, buy tokens – TechCrunch

Electric Capital closes $1 billion in funds to back crypto startups, buy tokens – TechCrunch

Fervor surrounding the opportunities in the crypto space has seemed to upend the venture world over the past couple years with major players shaking up how their firms are fundamentally organized in order to compete with so-called crypto native investment firms. While a plethora of breakout web3 funds popped up in the past several months, … Read more

Crypto crashes, sparks panic; Dream Capital chases cricket NFTs

Crypto crashes, sparks panic; Dream Capital chases cricket NFTs

The price of bitcoin fell more than 8% to below $35,000 on Thursday after Russia launched a military operation in Ukraine. The digital asset has now lost almost half its value from an all-time high of $68,990 in November, owing to geopolitical tensions and the prospect of US interest rate hikes. Bitcoin’s fall dragged down … Read more

Sydney VC King River Capital banks $50m for new Web3 crypto fund

Sydney VC King River Capital banks $50m for new Web3 crypto fund

Instead of selling off bits of their company through private shares, crypto businesses often raise money by issuing tokens that can have utilities other than just representing fractional ownership.Last year, Senator Andrew Bragg suggested the government look into redefining “financial assets” to recognise tokens that give holders governance rights or other permissions, as part of … Read more

This State Is Becoming America’s Crypto Capital (Video)

This State Is Becoming America’s Crypto Capital (Video)

Through dozens of new laws, Wyoming is trying to become America’s blockchain headquarters—a place that would attract companies from across the crypto sector. Wyoming has long made its money from commodities, in particular atmosphere-warming fossil fuels. Now it’s pivoting to a new sector, albeit one with its own global warming problems. On this episode of … Read more

This State is Becoming America’s Crypto Capital

This State is Becoming America’s Crypto Capital

(Bloomberg) — Through dozens of new laws, Wyoming is trying to become America’s blockchain headquarters—a place that would attract companies from across the crypto sector.Wyoming has long made its money from commodities, in particular atmosphere-warming fossil fuels. Now it’s pivoting to a new sector, albeit one with its own global warming problems. On this episode … Read more

Miami and New York race to become the country’s crypto capital : NPR

Miami and New York race to become the country's crypto capital : NPR

Left: Miami skyline Right: NYC skyline. Miami and New York City are competing to become the country’s crypto capital. Lynne Sladky/AP; Patrick Smith/Getty Images hide caption toggle caption Lynne Sladky/AP; Patrick Smith/Getty Images Left: Miami skyline Right: NYC skyline. Miami and New York City are competing to become the country’s crypto capital. Lynne Sladky/AP; Patrick … Read more

Dubai Could Become World’s Crypto Capital, With Help From Binance

Dubai Could Become World's Crypto Capital, With Help From Binance

After becoming the first country to embrace a four-day work week, United Arab Emirates is now taking cryptocurrencies seriously.The city of Dubai is getting crypto zones very soon. According to Bitcoin.com, the Dubai World Trade Centre would become a “comprehensive ecosystem for cryptocurrencies and providers of related services.” iStockHelp from and to private players in … Read more

Mexico’s capital rolls out first COVID-19 booster shots

Mexico's capital rolls out first COVID-19 booster shots

A worker at the U.S. auto parts maker Lear Corporation receives a dose of the Pfizer-BioNTech coronavirus disease (COVID-19) vaccine during a mass vaccination program for its employees in Ciudad Juarez, Mexico August 24, 2021. REUTERS/Jose Luis GonzalezMEXICO CITY, Dec 6 (Reuters) – Mexico City officials will begin offering a third COVID-19 vaccine dose to … Read more

Capital sees rise in Covid-19 weekly positivity rate – Newspaper

Capital sees rise in Covid-19 weekly positivity rate - Newspaper

ISLAMABAD: With the arrival of winter, the weekly Covid-19 positivity ratio has started increasing which is being considered as an early warning for the whole country because during all four waves cases started increasing from the capital. Meanwhile, four people were diagnosed with Covid-19 in Rawalpindi district on Sunday and the positivity ratio was recorded … Read more

Crypto Investment Firm Maven 11 Capital Closes $120M Fund

Crypto Investment Firm Maven 11 Capital Closes $120M Fund

Venture Fund II differs from Maven 11′s first fund in being closed-ended, or issuing a fixed number of shares, and having a wider group of backers including wealthy individuals, crypto entrepreneurs, family offices and institutions. The new fund has already deployed investments into gaming-focused DAO Merit Circle, lending platform Maple Finance, layer 1 blockchain Anoma … Read more

Meet the modern crypto venture capital

Meet the modern crypto venture capital

Crypto venture capital is a different game than traditional venture capital, which isn’t something that every participating firm has yet to fully appreciate.Why it matters: The key is matching the asset class in which you’re investing.Key attributes of the modern crypto VC: Registered investment advisers: Venture funds are exempt from registering as investment advisers, but … Read more

The Crypto capital of the world

The Crypto capital of the world

A buccaneering 37-year-old educated in a British private school, Michael Chobanian is fluent both in English and the folkways of Ukraine, which he regards as a largely lawless frontier and which he likes to traverse in his black Ferrari 612. He is the founder of Kuna, one of Eastern Europe’s first cryptocurrency exchanges. To him, … Read more

Tower Research Capital to Contribute Crypto Pricing Through the Pyth Network

Tower Research Capital to Contribute Crypto Pricing Through the Pyth Network

NEW YORK–(BUSINESS WIRE)–Tower Research Capital (“TRC”), a leading quantitative trading firm, today announced that it has joined the Pyth Network (“Pyth”), a decentralized financial market data distribution platform. TRC will begin by contributing real-time Bitcoin pricing to the Pyth network for consumption by smart contracts. “We are excited to be part of the Pyth network … Read more

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