CMT Digital Seeks $150M for Fourth Crypto Fund
CMT Digital aims to raise $150M for its fourth and largest crypto fund, focusing on long-term investments. CMT Digital, a venture capital firm, is reportedly seeking to raise $150 million in capital for its fourth fund, which will concentrate on long-term crypto investments. Fortune reports that fundraising commenced one month ago. The fund would be […]
Andrew Tate’s $10M Crypto Bet Amid Solana Drama
Andrew Tate’s dramatic $10M crypto bet challenges influencer Ansem amid the Solana meme coin burn controversy. Andrew Tate, a former kickboxer, has placed a $10 million crypto wager on X, once again emphasizing his penchant for the dramatic. Tate’s challenge was directed at Ansem, a prominent influencer on the “Crypto Twitter” platform. Additionally, the most […]
Macron’s Snap Election Unsettles Paris Crypto Scene
Macron’s snap election has created uncertainty in Paris’s crypto scene, as the industry fears a policy shift without clear crypto stances from other parties. Throughout his seven-year tenure, his government has implemented a variety of measures to incentivize founders to establish their businesses in the rapidly expanding digital asset center of Paris. Currently, the crypto […]
Ripple Acquires Standard Custody to Enhance Stablecoin Strategy
Ripple has officially completed its acquisition of Standard Custody & Trust Company, and this new action is expected to enhance the blockchain company’s efforts to establish a USD stablecoin. Ripple, a prominent blockchain payments company, has announced the successful completion of its acquisition of Standard Custody & Trust Company, a regulated digital asset custodian. However, […]
Bybit China Offices May Close, Offers Relocation to Staff
Bybit China’s offices plan to close in Shanghai and Shenzhen and relocate staff to Malaysia and Dubai to serve overseas Chinese users. The second-largest cryptocurrency exchange in the world, Bybit, has disclosed a substantial enhancement to its operational model that may result in the termination of operations in Shanghai and Shenzhen.The company has recently begun […]