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The Japanese cabinet has approved the inclusion of cryptocurrencies among the assets that local investment limited partnerships (LP) firms can acquire or hold.

Japanese cabinet approves crypto assets for investment by venture capital firms

In a move announced by the Ministry of Economy, Trade and Industry on Feb. 16, VCs engaged in crypto now have more regulatory clarity. The change is aimed at bolstering the strategic i...

7 months ago

Increasing Ethereum whale activity has driven the altcoin’s price to almost $3,000.

Mysterious Ethereum Whale Accumulates Over $150M in ETH as Price Targets $3K: Data

ETH has been experiencing a surge alongside the overall market’s rebound, climbing nearly 20% in the last week. With a significant rise approaching $3,000, the altcoin’s price increa...

7 months ago

The total value locked in liquid restaking tokens now exceeds $3.5 billion.

Liquid restaking protocols surge past $3.5 billion in total value locked

The total value locked in liquid restaking protocols has surpassed $3.5 billion, indicating the niche’s growing interest among Ethereum investors. Protocols such as Etherfi, Renz...

7 months ago

The Mumbai Metropolis Metaverse will help citizens virtually monitor the progress of the megaprojects around the city that impact their day-to-day lives.

Mumbai metaverse initiative showcases city’s infrastructure revolution

Mumbai, the financial capital of India, debuted a metaverse initiative to exhibit newly launched and upcoming city-wide infrastructure megaprojects. The Mumbai Metropolis Metaverse was...

7 months ago

Humanity Protocol aims to bolster Web3 adoption through its privacy-oriented identity verification solution.

Animoca, Polygon-backed Humanity Protocol launches ZKP-powered palm recognition

Human Institute has launched Humanity Protocol, a privacy-preserving, biometric palm recognition technology for verifying Web3 identity. Humanity Protocol launched on the Polygon chain...

7 months ago

TGT Accuses Crypto Hedge Fund of Breaching Risk Limits

Top Crypto Hedge Fund Faced Swiss Raid Over FTX-Linked Losses

Prominent crypto hedge fund Tyr Capital Partners faces allegations of “criminal” mismanagement and was raided by a Swiss prosecutor over losses incurred in relation to ...

7 months ago

The proposed revision to existing law, if enacted, could be a huge opportunity for Web3 startups in Japan, one local expert said.

Japan seeks to allow certain VCs to invest directly in crypto and Web3 startups

The Japanese cabinet has approved a proposal to add cryptocurrencies to the list of assets that local investment limited partnerships can acquire or hold, the Ministry of Economy, Trade and Indu...

7 months ago

The seizure in UK makes him one of the largest Bitcoin holders

UK news: become one of the largest Bitcoin holders

According to the latest news, it has been discovered that the United Kingdom (UK) has entered the top 3 of the largest Bitcoin holders. However, these are not public or state investmen...

7 months ago

Co-founder of the Ethereum (ETH) blockchain Vitalik Buterin expresses hope for the appearance of Verkle trees in the blockchain network.

Vitalik Buterin comments on the benefits of Verkle Trees for Ethereum

In his opinion, the integration of the data structure will lead to a significant improvement in the disk space used by betting nodes. According to information provided by the Ethereum ...

7 months ago

South Korea’s ruling People Power Party is proposing another delay in the implementation of cryptocurrency investment gains taxation, now potentially extending the start date to 2027.

South Korea considers further delay in crypto taxation ahead of general election

The move is part of the party’s campaign strategy for the forthcoming general election in April. The party has emphasized the need for a basic regulatory framework for cryptocurr...

7 months ago