Venture capital giant Sequoia Capital has slashed the size of its cryptocurrency fund by over 65%, reducing it from $585 million to $200 million, Wall Street Journal reported citing sources familiar with the matter.
Brazil’s police force has conducted raids on addresses linked with Braiscompany, a suspected crypto pyramid. The firm’s owners have allegedly escaped the country with around $160 million worth of customers’ funds.
On July 26, the Department of Justice (DOJ) informed federal judge Lewis A. Kaplan that they "do not intend to proceed" with a campaign finance charge against FTX founder Sam Bankman-Fried.
Investment professionals in both China and India are largely bullish on Central Bank Digital Currency (CBDC), according to a new survey from the CFA Institute.
The US state of Wyoming is seeking to hire an executive director for its new stablecoin project, and the position will pay an annual salary of $150,000, which is $10,000 more than the state’s governor.
The Bank of Italy announced a partnership with the Ethereum scaling team Polygon and crypto infrastructure provider Fireblocks to initiate a pilot program aimed at establishing a regulated platform for "institutional DeFi."
Cosmos, a once-pioneering blockchain ecosystem renowned for its groundbreaking concept of interconnected blockchains called "appchains" and its innovative proof-of-stake consensus mechanism, is now facing an uphill battle for survival.
Quantstamp, a blockchain security firm, has been ordered by the U.S. Securities and Exchange Commission (SEC) to return $28 million raised in a 2017 unregistered initial coin offering (ICO).
As broadly expected by market participants, the US Federal Reserve just lifted interest rates by 25 bps, taking them to their highest level in 22 years at 5.25-5.5%.
Rain, a Middle East-based crypto exchange partly backed by Coinbase, has secured a license to operate in the United Arab Emirates (UAE), the firm announced on Tuesday.
The Commodity Futures Trading Commission (CFTC) has filed a complaint against a couple in Tennessee who convinced people to pay into an investment pool called “Blessings of God Thru Crypto.”
French DeFi project Atlendis hit two major milestones as it secured a €1 million loan ($1,108,055.00) from the French public investment bank along with obtaining a crypto services provider license.