Month: February 2023

Despite a broader downturn in related markets, multinational corporations don’t appear to have slowed down on their trademark applications covering Web3, crypto, nonfungible tokens (NFTs), and the Metaverse. The month of February — now drawing to a close — saw the likes of General Motors and Lacoste, and Walmart making their territory with Web3-related trademark […]

Cryptocurrency venture capital conglomerate Digital Currency Group (DCG) has reported losses of over $1 billion in 2022 due largely to the contagion relating tocollapse of crypto hedge fund, Three Arrows Capital (3AC). DCG reportedly lost $1.1 billion last year, according to its Q4 2022 investor report,  and said the results “reflect the impact of the […]

Trading volume at Coinbase Global Inc surpasses that of Uniswap. Analyst says CEXs will always be essential to exchange landscape. Coinbase also terminated trading Binance USD on Monday. Kaiko – a notable digital assets data provider, on Monday, confirmed that trading volume at Coinbase has now surpassed Uniswap. Coinbase trading volumes surpass $185 billion Trading […]

The United Kingdom’s bank regulator, the Prudential Regulatory Authority (PRA), will propose rules for issuing and holding digital assets, Bank of England (BOE) executive director of the Prudential Policy Directorate Vicky Saporta said in a speech at the bank Feb. 27. The rules will be developed with consideration for Basel III rules and the Financial […]

Digital Currency Group reported a loss of $1.1 billion for 2022, according to the company’s fourth quarter. Cash and cash equivalents as of 31 December 2022 was just $262 million, while the Grayscale parent company had $670 million in investment assets. The consolidated balance sheet showed full year revenue of $719 million for 2022, with […]

Besides Dogecoin and Shiba Inu, Web3 is filled to the brim with exciting new meme coins. In the past, many meme coins lacked utility, and holders could do little with them besides watch the price go up and down. Now, Metacade, Shiba Inu, Dogecoin, and many more, are changing the game for meme coins in […]

Blockchain Founders Fund, a venture capital fund supporting the adoption of Web3 and blockchain technology, has announced the close of a $75 million fundraising round from companies such as Polygon, Ripple, Octava, NEO Global Capital, Appworks, GSR, LD Capital, Metavest Capital and others, such as Sebastien Borget, chief operating officer of The Sandbox. According to the […]

Blockchain Founders Fund’s BFF Fund II is a $75 million fund for Web3 startups. Backers of the fund include Polygon, Ripple and NEO Global Capital (NGC). BFF launched its BFF Fund in 2018 and has invested in over 100 projects, including Splinterlands. Blockchain Founders Fund (BFF), a Singapore-based early stage Web3 venture capital fund, has […]

Bitcoin (BTC) headed toward $24,000 at the Feb. 27 Wall Street open as a strong weekly close translated into further gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin gains $1,000 versus weekend lows Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rebounding in line with United States equities futures. The pair had seen […]