UK Government To Clamp Down On Terrorism Crypto Funds
UK government wants to make planned changes to the Economic Crime and Transparency bill so that authorities can quickly seize crypto assets linked to terrorist activities. The UK Government wants law enforcement to seize crypto assets used to fund terrorism easily. The Home Office Department, which is in charge of immigration and crime, wants to […]
Dragonfly Capital announces launch of $650M crypto fund
Dragonfly Capital, a crypto venture capital firm, has announced the launch of its third crypto fund dubbed Dragonfly Fund III which has a valuation of $650 million valuation. The fund is worth more than twice as much as the firm’s last two funds, which were each worth $300 million. It also follows in the footsteps […]
Hong Kong VC firm, CMCC global seeks $300M for new crypto fund
Hong Kong has long been regarded as one of the world’s most important financial centres, and as the world of cryptocurrency has evolved, the country has seen an increase in the number of crypto fans. The firm’s most recent crypto fund was formed just six months ago and has close to $90 million in assets […]
Binance announces the launch of a $1B crypto fund to help build BSC adoption
Binance cryptocurrency exchange has unveiled a $1 billion accelerator fund to enhance the Binance Smart Chain ecosystem’s capabilities and accelerate mainstream adoption across the blockchain sector. The eight-figure fund was included in a four-tiered development plan at the exchange: Talent Development, Liquidity Incentive Program, Builder Program, and Investment & Incubation Program . According to the […]
Programmers working on Facebook’s wallet switch sides to A16z’s crypto fund
Two of the top programmers working on Facebook’s digital currency project have joined Andreessen Horowitz (A16z), a renowned venture capital firm in the crypto sector, to help with its digital asset fund. Nassim Eddequiouaq and Riyaz Faizullabhoy, according to a CNBC article from Oct. 11, have left Facebook for A16z after two years working on […]