Sequoia slashes its crypto fund by 66% after industry collapses: Report
The $85-billion venture capital firm launched the Sequoia Crypto Fund in February 2022. Venture capital…
Month: July 2023
Bitcoin traders put eyes on $31K even as $2B in BTC options expire on Friday
BTC traders fix their eyes on $31,000 even as $2 billion in Bitcoin options are…
Block.one ICO damages ‘far beyond’ $22M, ENF founder says
Block.one owes much more to EOS investors than just $22 million after the $4-billion ICO,…
Smart contracts continue to rise amid market downturn: BNB Chain Q2 report
BNB Chain noted that the rise in verified smart contracts highlights the demand for security,…
SEC chief accountant warns accountants about liabilities when auditing crypto firms
Paul Munter says making or allowing misleading statements can have serious consequences for accounting firms…
New Optimism wallet lets users receive crypto via Twitter login
Beam wallet uses Web3Auth and account abstraction to allow for seedless accounts, stablecoin gas payments…
Why is Jerome Powell gaslighting us about the odds of recession?
Economic data seems to indicate an economic slowdown is inevitable. So why is Fed Chairman…
Scammers pile on to impersonate Worldcoin on Twitter following token launch
Twitter announced its rebrand to “X” on July 24, the same day the Worldcoin token…
MakerDAO increases DAI yield in a bid to boost demand
The Enhanced Dai Savings Rate is based on DSR utilization and could boost the stablecoin…
Optimism transaction volumes surpass Abitrum’s for the first time in six months
Optimism lost the top spot to Arbitrum in January, after the end of its season…
‘Pro-crypto bill’ passes out of US House Agriculture Committee
The Republican bill, dubbed FIT for the 21st Century, was drafted by two House committees…
Stablecoins pose lower risk than bank deposits, says ex-Fed policy analyst
Stablecoins cannot be compared to bank deposits in terms of risk, nor can they be…
Bitcoin price erases FOMC gains as US dollar surges on Q2 GDP print
Bitcoin casts off a U.S. GDP “nothingburger” but DXY charges to two-week highs in what…
Rep. Patrick McHenry blames White House for lack of urgency on stablecoin bill negotiations
Republican leadership has blamed the Biden administration for not having a “sense of urgency” on…
99-year-old Hungarian artist’s computer generated NFTs sold for $1.2M
Vera Molnár pioneered the use of computer-generated art in the latter half of the 20th…
