Kevin O’Leary has revealed during an episode of Anthony Pompliano’s podcast on May 25, 2021, that he’s led a $20 million fundraising round in a new decentralized finance (DeFi) startup dubbed DeFi Ventures, as he firmly believes that DeFi has a huge role to play in the cryptospace. Shark Tank’s […]

Major Developments could Drive the Ecosystem Forward Jason Guthrie, Head of Digital Assets, WisdomTree The outlook for cryptocurrencies has become a hot topic for market participants, spectators and press alike. While the cryptocurrency market recently experienced a pullback amid a series of negative news flow, it is not all doom […]

On Wednesday, the South Korean financial regulator announced that domestic cryptocurrency investors would be protected under the revised law. According to The Korea Herald, the Financial Services Commission (FSC) clarified that only assets held in registered crypto exchanges would be “naturally protected” by the ruling. Eun Sung-soo, chairman of the […]

Bitcoin price is still below $40,000, after just weeks ago trading at over $64,000 per coin. The selloff shocked market participants of all sizes, prompting fears that the bull market is now over and a bear phase is next. A trader who predicted this recent collapse months in advance using […]

Following the infamous Wallstreetbets story a few months ago, the company Gamestop is doing much better than it did a year ago. Now a new website called nft.gamestop.com indicates that the firm is dipping its feet into blockchain technology via non-fungible tokens built with Ethereum. ‘Power to the Players’ The […]

Bank Indonesia (BI), the central bank of the Republic of Indonesia, has joined other apex banks globally to explore central bank digital currency (CBDC), as the bank is planning to launch its digital currency amid a spike in online transactions. Meanwhile, South Africa is focusing on a feasibility study for […]

Cryptocurrency mining has been banned in Iran until 22 September, ahead of the country’s peak electricity demand season. The country is planning to avoid blackouts in major cities this summer due to an expected energy crisis. According to a report published by Bloomberg citing an official statement by Iran’s President […]

Pandora Finance has successfully closed their $2.4m seed round. Pledges were from some of the most visible investors within the crypto space, such as Genesis Block, Spark Digital Assets, AU21, A195, Protocol Ventures, Magnus Capital, Chain Asset Capital, and Master Ventures and accredited individual investors like Danish Chaudhari. Pandora Protocol […]

Tesla CEO Elon Musk reminded Twitter followers on Tuesday that despite the recent interest he’s taken in Dogecoin (DOGE) he still has no formal authority over the project. Musk was replying to a comment from a Doge-themed account which opined that he had taken to operating Dogecoin like one of […]

A California district court has entered into a final judgment against three operators of binary options schemes, which defrauded thousands of retail investors of millions of dollars. Per Tuesday’s announcement, Kai Christian Petersen, Gil Beserglik, and Raz Beserglik, who ran the operations, neither admitted nor denied the allegations brought against […]