Venture Capital Lightspeed Faction Starts $285M Fund for Blockchain Startups
The new fund will focus mainly on early-stage crypto projects, participating in seed-stage and Series A funding rounds.
India’s Controversial Crypto Tax Should Be Cut After Failing to Achieve Aims, Think Tank Urges
The government lost $420 million in potential revenue and failed to improve transparency because the tax regime prompted as many as 5 million crypto users to shift transactions offshore,...
The Protocol: Kraken Awakens – as Ethereum L2 Candidate
In this week's edition of The Protocol newsletter, we look into how Kraken is reportedly considering launching its own layer-2 blockchain, following Coinbase's recent launch of a similar network,...
UK’s Tough Crypto Regulator FCA Won’t Go Easy on Stablecoins, Official Says
The Financial Conduct Authority on Monday published a discussion paper with proposals for a stablecoin regime.
New Cryptocurrencies Getting Created at Slowest Pace in 3 Years, CertiK Data Shows
Excluding memecoins, some 293 new tokens were added to the CoinMarketCap website, less than a fourth what was added during the bull market of late 2021, according to new...
Investment Advisor Two Prime Sees $2B in Demand for Bitcoin-Backed Loans
"We have seen about $2 billion in demand for bitcoin-secured loans since we started offering them in September," Two Prime's Alexander Blume said.
Crypto’s Bromance With U.S. CFTC May Be One-Sided
The industry's open preference for the CFTC over the SEC has been answered with record enforcement actions showing the CFTC's enthusiasm for punishing crypto wrongdoing.
Robinhood to Expand Crypto Trading Into EU, Plans to Start UK Brokerage
The crypto trading platform for EU will open in "coming weeks," said the company.
Bitcoin Squeezes to $35.5K as ‘Mini Altcoin Season’ Lifts Crypto Market Cap to $1.3 Trillion
Capital rotation from bitcoin to altcoins accelerated further but steady inflows into BTC funds compensated, one analyst noted.
The Crypto Industry Responded to the IRS Proposed Broker Rule
Some people are concerned about privacy. Some about veri. And some about…Richard Heart?