UK government proposes additional safeguards against stablecoin failure risks

The Treasury wants to empower the Financial Market Infrastructure Special Administration Regime to oversee the safe return of customer funds in the event of a stablecoin collapse. дальше »

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Chibi Clash secures $3M to build a Web3 gaming universe

Chibi Clash, a web3 gaming universe that seeks to offer a free-to-play gaming experience – with NFTs –, has raised $3 million in a private funding round from leading angel investors and venture funds. дальше »

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Ukraine to launch an NFT collection to raise funds

While the war-wracked Ukraine is still putting up a tough fight against Russia, the nation plans to use non-fungible tokens once again to gather funding for humanitarian needs. According to the most recent announcement, the Zelenskiy NFT, a new digital art collection, will soon be presented to a large audience. дальше »

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Algorand Funds See Record-Breaking Weekly Inflows

Algorand-based institutional investment products had a record-breaking $20 million in inflows дальше »

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Tron TVL Soars 45%, Standing Third Behind ETH and BNB Chain

Amount of funds locked on Tron chain has surpassed those of other blockchains, except Ethereum and BNB chain; here's why дальше »

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Investors: 60% Used Borrowed Funds to Buy Their Now-Crashed Coins

Investors who borrowed money to buy cryptocurrencies are feeling the heat now. Here's the breakdown of how they raised the funds to buy their crypto. The post Investors: 60% Used Borrowed Funds to Buy Their Now-Crashed Coins appeared first on BeInCrypto. дальше »

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A Problem With Bitcoin's Lightning Network Liquidity And Ideas To Address It

To actually solve the problem of receiving funds without having secured liquidity from someone else's node requires protocol-level changes. дальше »

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Algorand funds FlexID to offer Africa’s unbanked self-sovereign IDs

Algorand, a Proof-of-Stake (PoS) blockchain protocol, has invested an undisclosed amount in FlexID to expand its Self Sovereign Identity (SSI) platform, according to an announcement. The post Algorand funds FlexID to offer Africa’s unbanked self-sovereign IDs appeared first on CryptoSlate. дальше »

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Crypto Scam Victims to Recover Their Funds with MetaMask's New Collaboration

Thanks to partnership with Asset Reality, MetaMask will create a mechanism for recovering stolen assets дальше »

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Terra Devs Need a Home. Other Blockchains Are Courting Them

Competitor blockchains, armed with multimillion-dollar relief funds, look to woo Terra’s developers. дальше »

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The Best BTC Mining Platform: ECOS vs ChickenFast

Do you want to make money on cloud mining, but do not understand which provider is the best? Are you afraid of scammers or hidden fees that appear when withdrawing funds? We are here to tell you all about the companies that help you make money with cryptocurrencies. Today we will compare two top cloud […] дальше »

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Crypto derivatives platform BitCoke raises $20M USD led by Huobi

BitCoke, a crypto spot & derivatives exchange, on May 12th confirmed that it successfully raised $20 million in a strategic private round in early 2022. The funds will be primarily used by the centralized exchange to design and develop key features connecting CEX with decentralized exchange (DEX) features. дальше »

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JPMorgan Drops Real Estate for Crypto; Says Bitcoin Trading at 30% Discount

Cryptocurrency assets – and hedge funds – have replaced real estate as the preferred asset classes, according to a group of strategists at U.S. investment bank JPMorgan Chase & Co. The post JPMorgan Drops Real Estate for Crypto; Says Bitcoin Trading at 30% Discount appeared first on BeInCrypto. дальше »

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StarkWare Reaches $8B Valuation Following Latest $100M Funding Round

The blockchain scaling solution last raised funds in November at a $2 billion valuation. дальше »

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Crypto funds under management drop to a low not seen since July 2021

Outflows from digital asset funds reached $141 million last week, a figure not seen since July 2021.

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Korean Police Seek To Freeze Assets Linked To The Embattled Luna Foundation Guard

According to local media reports, South Korean police are looking to freeze Luna Foundation Guard’s funds following this month’s historic collapse of the Terra network’s LUNA and UST tokens. дальше »

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ADDX bags $58M to reduce min. private investment by 10x via smart contracts

ADDX uses blockchain technology and smart contracts to tokenize and fractionalize private markets, including pre-IPO equity, private equity, and hedge funds and bonds. дальше »

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Can blockchain offer the solution to crowdfunding?

Crowdfunding is a popular method for startups to raise funds for new products.

The post Can blockchain offer the solution to crowdfunding? appeared first on CryptoSlate.

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South Korean police request exchanges freeze LFG related funds

Police in South Korea contacted the country’s leading exchanges to freeze any funds linked to the embattled Luna Foundation Guard. дальше »

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First Mover Asia: Funds Lost Billions in the Terra Collapse. Here are the Ongoing Effects; Bitcoin Sees Red

When a fund suffers a major dent to its token, the impact reverberates widely throughout the venture funding eco-system; most major cryptos tumbled despite gains in U.S. equity markets. дальше »

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LongHash Ventures and Protocol Labs team up to unveil the third LongHashX Filecoin Cohort

LongHash Ventures, the’s first Web3 Accelerator in Asia and one of the region’s top Web3 venture capital funds, is launching the third LongHashX Accelerator Filecoin Cohort in collaboration with Protocol Labs, the creators of Filecoin and IPFS. дальше »

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Korean Police Request LFG Asset Freeze: KBS

Several exchanges are due to meet with South Koreas ruling party to discuss the Terra depeg incident, and whether they should be accountable for investors lost funds. Police Investigating LFG... дальше »

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Crypto Funds Shrink to Lowest Since 2021 Summer Bear Market

Investors pulled out $154 million from bitcoin funds last week, a stark reversal from the $299 million of inflows reported for the prior period, according to CoinShares. дальше »

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Terra’s Implosion Births Crazy Stablecoin Backed by Iced Tea

After TerraUSD (UST) de-pegged from the U.S. dollar, dragging with it billions of investors’ funds, a new stablecoin backed by cans of iced tea has risen like the phoenix. The post Terra’s Implosion Births Crazy Stablecoin Backed by Iced Tea appeared first on BeInCrypto. дальше »

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ICO-Funded Project Sparkster Converts $22M in Ether to USDC After 3 Years, No Product

Sparkster promised investors a “no-code” software creation platform using the $30 million in funds raised from investors in 2018. дальше »

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Ancient ICO Scam Wallet Suddenly Activated, Pulling Out $22 Million of Funds

"ICO era" scam wallet activated as developers are trying to withdraw $22 million in USDC дальше »

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Хакеры украли около $438 000 через взломанный Twitter-аккаунт Beeple

Неизвестные взломали Twitter-аккаунт художника Майка Винкельмана, известного под псевдонимом Beeple, для размещения фишинговых ссылок. ⚠️ Beeple's Twitter account has been compromised (ATO) to post a phishing website to steal funds. дальше »

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DAOs are Staking Their Idle Treasury Funds For Extra Income Streams

As businesses increasingly move away from centralized and profit-above-all models, DAOs will take their place. As DAOs grow, so too will their treasuries. The post DAOs are Staking Their Idle Treasury Funds For Extra Income Streams appeared first on BeInCrypto. дальше »

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Crypto Boss Bankman-Fried Donates $31.5M to Super PACs

FTX’s billionaire CEO Samuel Bankman-Fried has contributed $31. 5M to super political action committees in this election cycle. With U. S. midterm primaries in full swing, crypto’s golden boy Sam Bankman-Fried has joined the likes of George Soros in pumping funds into super political action committees, entities that promote specific political candidates or advocate for their defeat. дальше »

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$44M Ponzi scheme charged with stealing $18M in funds

Two individuals and a company have been charged with operating an illegal community pool and fraudulently soliciting $44 million via an “income fund investing in digital assets. ” The defendants are Sam Ikkurty, Ravishankar Avadhanam, and Jafia LLC, with a status hearing scheduled for May 25, 2022. дальше »

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Finance Redefined: Lifeline for Terra projects, proposed Terra hard fork and more

Binance comes to the rescue of Terra projects, Chainalysis introduces new tools to track stolen crypto funds, Do Kwon's new proposal for a Terra hard fork and more in this week's DeFi newsletter. дальше »

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DeFi Protocol iZUMi Finance Raises $30M, Launches Exchange

The funds were raised through the sale of bond vouchers and claims to back the new iZiSwap decentralized exchange. дальше »

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Crypto transaction monitoring platform Merkle Science adds support for 1200+ ERC20 tokens

Merkle Science, a predictive crypto risk and intelligence platform, announced it has now extended support to over 1,2000 ERC-20 tokens. This additional coverage allows users to have better visibility over a substantial portion of the DeFi space, allowing them to monitor flows of funds across some of the most popular DeFi tokens and stablecoins. дальше »

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Stablegains Faces Lawsuit After Losing $44M on UST

Yield generation app Stablegains could be facing a class-action lawsuit after the company lost more than $44 million of customers funds by investing them in Terras failed UST stablecoin. Stablegains... дальше »

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SingularityNET, SingularityDAO Receive $25M to Accelerate AI-Backed DeFi

Global investment group LDA Capital Ltd. committed the funds and will provide strategic support. дальше »

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Biden Administration Wants Crypto Exchanges to Separate Customer and Corporate Funds

U.S. President Joe Biden’s administration will press Congress to demand cryptocurrency exchanges keep their customers’ money separate from their own corporate funds, according to a person familiar with the plan that could constrain the way the industry does business. дальше »

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21Shares launches two crypto ETPs for accredited US investors

Leading cryptocurrency exchange-traded products (ETP) firm 21Shares has expanded into the United States, launching two new index funds via an affiliate platform. Through 21Shares US Advisers LLC, the company will offer accredited investors access to investment vehicles tied to top cryptocurrencies by market cap. дальше »

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FTX, Liberty City Lead $20M Raise for Dev Platform DoraHacks

The hackathon startup will use the funds to launch an NFT-focused venture fund, among other things. дальше »

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Swiss ETP Issuer 21Shares Dives Into US Market With 2 Crypto Index Funds

The two crypto index funds will only be available to accredited investors. дальше »

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Nearly 5,505 ETH, or $10M of the $625M Ronin Exploit, Is on the Move

Funds connected to the Ronin exploiter address are making their way through Tornado Cash, blockchain data shows. дальше »

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Address Related to Ronin Hack Makes Big Ethereum Transfer

The Ethereum funds that have been moved to the Tornado Cash coin mixer дальше »

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Crypto Funds See Year’s Highest Inflows As Bitcoin Investors Buy Into Price Weakness

As the markets sank, investors are picking off cryptocurrency assets for cheap. It appears that Bitcoin is the most preferred cryptocurrency for these dip buyers. дальше »

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Crypto Funds Saw Year's Highest Inflows as Terra Crisis Crashed Markets

Some $274 million flowed into digital asset funds as investors bought the dip during Terra's turmoil kicked off a broad market sell-off. дальше »

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Luna Foundation Guard reveals where missing 80K BTC reserves went

The Luna Foundation Guard, the organization responsible for the Terra ecosystem led by Do Kwon, has released information regarding its missing reserve funds. The post Luna Foundation Guard reveals where missing 80K BTC reserves went appeared first on CryptoSlate. дальше »

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What can you expect with no more CAKE to bake

With claims of having the most users than any decentralized platform with over $4.3 billion in funds, Pancake Swap, on 12 May, published a new governance proposal. It put forth the idea to cap the suThe post What can you expect with no more CAKE to bake appeared first on AMBCrypto. дальше »

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Binance Pool Review – Fees, Payouts, Supported Coins

What Is Binance Smart Pool Binance is a platform where users can exchange commonly used cryptocurrencies and store their electronic funds. With their new Pool feature, users can deposit their coins which the user then receives interest on. дальше »

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Coinbase Witnesses Major Outage Amidst Continued Crypto Bloodbath

Cryptocurrency exchange Coinbase reported experiencing a major outage in the middle of crypto prices plummeting. Users of the exchange complained about difficulties in withdrawing their funds which had caused a wave of panic among investors. дальше »

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Was Terra Crashed Deliberately? Citadel Securities, Blackrock, Gemini Deny Role In UST’s Depeg

Following UST’s collapse, narratives of a shadowy conspiracy involving top-notch hedge funds hell-bent on bringing down the stablecoin have been making rounds in the past week, overshadowing claims of a structural problem with the nature of stablecoins. дальше »

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Australia's First Bitcoin and Ether ETFs Flop, Here's Why

Australia's first spot-based crypto exchange-traded funds moved embarrassingly low volumes on Thursday дальше »

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Bitcoin ETFs Launch In Australia As Market Goes Red

Two new bitcoin ETFs launched today in Australia, a spot bitcoin fund directly acquiring bitcoin and a de-facto fund of funds. дальше »

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