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San Francisco-based venture capital firm Founders Fund spent $100 million on Bitcoin, and another $100 million on Ethereum last year.

Peter Thiel’s Founders Fund reportedly spent $200m on crypto

In the summer of 2023, when Bitcoin (BTC) was trading below the $30,000 mark, Peter Thiel’s Founders Fund began actively buying BTC alongside Ethereum (ETH), the second...

7 months ago

SafeMoon Failed to Pay Legal Fees, Lawyers Allege

SafeMoon CEO Gets Bail, But His Legal Team Wants to Opt Out

CEO of bankrupt crypto project SafeMoon Braden John Karony is released on bail, but his legal team no longer wants to represent him. In Nov. 2023, Karony and SafeMoon CTO Thomas Smith ...

7 months ago

An analysis by Web3 firm De.Fi shows that nearly 75% of the top tokens by volume feature governance risk factors.

Governance poses threat to 75% of top tokens — Report

A bulk of the largest tokens by volume face significant governance risks, failing to follow best practices to prevent exploits and other security threats. According to an analysis from...

7 months ago

Argentines are using secret peer-to-peer crypto exchanges to buy U.S. dollar stablecoins as inflation continues to soar.

In inflation-torn Argentina, locals use ‘crypto caves’ — and avoid Bitcoin

Argentines are using black market exchanges, known locally as “crypto caves,” to buy United States dollar stablecoins in a bid to escape strict currency controls and the triple-digit...

7 months ago

FTX’s legal team clarified that since FTX US hasn’t been restarted, Digital Custody holds little value for the estate, hence the sale.

FTX plans sale of Digital Custody for $500K in bankruptcy move

The FTX debtors estate, led by CEO John Ray III, has filed to sell Digital Custody to CoinList for a significant markdown of $500,000, with financing provided by DC’s original CEO and sell...

7 months ago

YouTuber MrBeast is a holder of millions of dollars worth of BTC

Bitcoin news: MrBeast’s millionaire investment

Latest Bitcoin news: MrBeast, the famous YouTuber, is also a BTC holder for millions of dollars since 2021. The current price of $48,260 has returned to be higher than the value of his initial i...

7 months ago

Torrevieja, a tourist hub in the Alicante province of Spain, will allow stores to accept payments in crypto, paving the way for greater adoption.

Can Torrevieja become Europe’s first crypto-friendly city?

Torrevieja, a tourist hub in the Alicante province of Spain with a population of 82,000, intends to become “the first crypto-friendly city in Europe” by letting its stores accept cry...

7 months ago

Mid-Year Check and Policy Recommendations

South Korea Plans to Block Unlicensed Crypto Exchanges

South Korea plans to conduct virtual asset exchange inspections to expel ineligible platforms later this year. Authorities are contemplating an advanced suspension system for suspiciou...

7 months ago

ERC-404, which mixes Ethereum’s ERC-20 token and ERC-721 NFT standards, is gearing up for a bid to be the blockchain’s newest standard.

ERC-404 hybrid NFT tokens in ‘good spot’ for EIP push, says dev

An unofficial and experimental Ethereum standard dubbed “ERC-404” — proposed to become a hybrid of fungible and nonfungible tokens (NFTs) — is “working around the c...

7 months ago

SEC chair Gary Gensler has avoided answering whether the commission definitively considers Ether as a security under its purview.

Prometheum claims Ether is a ‘digital asset security’ with launch of custody services

Prometheum, one of the few crypto companies to have approval from United States financial regulators as a special purpose broker-dealer (SPBD) for digital asset securities, has announced it will...

7 months ago