Crypto Investor Raises $1.5 Billion Fund For Web3 Projects
Funding for Web3 projects is expected to come from two separate venture funds, the first of which will invest $500 million in early-stage ventures, and the second will invest $1 billion. Katie Haun, a crypto investor and board member of Coinbase and OpenSea, said that she has raised about $1.5 billion in funds for her […]
Crypto Theft: DeFiance Capital Founder Loses $1.6 Million Worth Of NFT In Hot Wallet Hack
In a recent development surrounding crypto theft, the founder of DeFiance Capital has suffered a loss of about $1.6 million from the hack of one of his wallets, which he emphatically stated that the hackers have “messed with the wrong person.” Over $1.6 million in NFTs and crypto has been stolen from “Arthur 0x,” the […]
Bitcoin Mining Could Be Important For The Energy Independence Of The United States, Research Reveals
Representative Pete Sessions of Texas stated simply but emphatic that the growth of the Bitcoin mining business might help the United States achieve energy independence. Texas Republican Congressman Pete Sessions has made a bold remark about the influence Bitcoin mining will have on not only his state but the entire United States. “Bitcoin Mining will […]
NeoNexus Founder Pulls Out Of Popular Metaverse NFT Project
According to Estimates, the metaverse initiative earned between $2 and $4 million from its NFT mints, raising 25,000 SOL. NeoNexus, a Solana-based NFT project, has announced that the team would no longer be pursuing the project, citing a decline in Solana (SOL) costs as the reason for the decision. The project’s founder, Jack Shi, took […]
United States Department Of Treasury Says It Does Not See Crypto Use In Large-Scale Way To Evade Sanctions
A large-scale usage of cryptocurrencies to circumvent sanctions isn’t seen by the US Department of the Treasury. For illegal finance, “its share as a medium is not anywhere close to that of utilizing cash,” a senior Treasury official said. U.S. Treasury Department Opinion On Crypto Use To Evade Sanctions In an interview with Reuters on […]