Julian - Vestorportal (Page 3)

BOJ won't introduce digital yen as means for negative rates

The Bank of Japan (BOJ) won't introduce a digital yen as a means to achieve negative interest rates.

Ripple claims "a very big win" against SEC

The ruling judge on the case has denied the SEC's wish to review certain documents that may not be material to the prosecution.

News

Ronin exploiter moved 21,000 Ether to Tornado Cash in past week

The 21,000 Ether moved around by the exploiter are currently worth more than $64 million.

News

Crypto firm MoonPay raises $87M from Justin Bieber, Snoop Dogg & others

MoonPay, a cryptocurrency payments startup, has raised $87 million from more than 60 high-profile investors including Justin Bieber, Snoop Dogg, Maria Sharapova and Bruce Willis.

News

Indian crypto exchanges' volume plunges as tax goes into effect

New data on Indian crypto exchanges' trading volume shows a significant decline in trading among Indians. This comes just ten days after the new tax rule implementation. India's government has introduced a 30% tax on cryptocurrencies which came into effect on April 1. Many stakeholders and exchanges warned against the

News

Lack of proper financial services boosts crypto in Nigeria

A new study has shown intense growth in crypto adoption across Nigeria. The adoption is driven by limited access to affordable fiat-based financial services in Africa. The "Into the Cryptoverse Report", conducted by KuCoin, shows that many Nigerian citizens have started using cryptocurrencies as a viable alternative to store and

News

White Star Capital raises $120M for Ubisoft-backed Web3 investment fund

Venture capital firm White Star Capital has managed to secure $120 million in funding for its second Digital Asset Fund (DAF II). The fund will invest in crypto networks and early-stage blockchain and Web3 businesses. The raise was led by game publishing giant Ubisoft which will take a particular focus

News

IOST Foundation starts $100M fund for EVM developers

The IOST Foundation is aiming on supporting Ethereum Virtual Machine (EVM) developers to work on its ecosystem with a $100 million incentive fund. The money will be split into two different funds: the New Ecosystem Fund and the Accelerator Fund. The New Ecosystem Fund will be used to expand IOST's

News

NFT marketplace Gem.xyz dismisses developer over 'pattern of sexual misconduct'

Neso, a pseudonymous developer at NFT marketplace Gem.xyz, was released from his contract after the team was made aware of allegations of sexual misconduct. "After immediately undertaking a review of the allegations, we determined the actions to be in clear violation of our values and expectations, and we exited

News

Delivery app Rappi begins accepting cryptocurrency in Mexico

Colombian delivery app Rappi, which offers on-demand deliveries of food and other goods across Latin America, said on Monday it has launched a cryptocurrency payment pilot program in Mexico. Together with cryptocurrency platforms Bitpay and Bitso, which will back the service, Rappi will let users pay with cryptocurrency to make

News

Crypto Funds see largest weekly outflows since January

Last week crypto funds suffered of big outflows. In fact, last weeks outflow was the largest since January 2022. Coinshares reported that investors withdrew money from Bitcoin and Ethereum funds. The funds had $134 million in net outflows, which makes last week the second worst week for funds that manage

News

Huobi & KuCoin lead $250M Toncoin ecosystem fund

Huobi and KuCoin are among the backers of a new $250 million ecosystem fund that aims on supporting projects built on Toncoin. Toncoin is the reincarnation of the failed cryptocurrency TON. Besides Huobi Incubator and KuCoin Ventures other investors are MEXC Pioneer Fund, 3Commas Capitals, Orbs, TON Miners and Kilo

News

OneDegree to launch digital asset insurance with Munich Re

The crypto space and its adoption grow from day to day. Digital assets have already found their place onto many balance sheets of institutional investors and corporations. Currently, only 1.5% of assets held by global exchanges and custodians are insured. Hong Kong insurer OneDegree has announced a deal with

News

YouTube Scammers steal $1.7M with Crypto 'Giveaway'

According to Group-IB [https://www.group-ib.com/], a leading provider for cyberattack prevention, a group of fraudsters managed to steal around $1.7 million by promising cryptocurrency giveaways. The security vendor stated that the gang ran 36 YouTube streams between February 16 and 18, attracting around 165,000 viewers. In

News

EU targets crypto wallets in latest round of Russia sanctions

The European Union released their fifth package of sanctions on Russia on Friday. The new sanctions are targeting crypto wallets, banks, currencies and trusts in order to close potential loopholes which could allow Russians to move money abroad. Following Russia's invasion of Ukraine on February 24, EU-based crypto exchanges were

News

Terra buys $200M in AVAX for reserves

Terraforms Labs (TFL) and the Luna Foundation Guard (LFG) have announced the purchase of AVAX tokens. When combined the buys are worth $200 million. TFL, the company responsible for the development of the Terra blockchain, bought $100 million worth of Avalanche's native token, AVAX. This was done in order to

News

Honduran special economic zone adopts Bitcoin as legal tender

A special economic zone on a tourist-centric island on Honduras' Caribbean coast has officially adopted Bitcoin as well as other cryptocurrencies as legal tender. The special zone is called "Honduras Prospera", and was established in 2020 to attract investments. The zone has administrative, fiscal, and budgetary autonomy. "Prospera's flexible regulatory

News

Wholesome Crypto Twitter - donations for cancer treatment

Everyone that is part of the so called Crypto Twitter, a Twitter community all about crypto (who would've thought), knows how toxic and angry this space can be. Especially in times like now, when the crypto market is not doing some well. But yesterday, the community united and showed what

News

HBAR Foundation commits $250M to drawing metaverse apps to Hedera

Hedera Hashgraph is putting its focus on the metaverse after its latest venture fund will put $250 million in HBAR tokens toward its development, the company stated on Thursday. Earlier, the HBAR Foundation already announced a $155 million "Crypto Economy Fund" focused on decentralized finance (DeFi). Hedera hopes to bring

News

Bolt to purchase crypto startup Wyre for $1.5B

Payments FinTech Bolt Financial is buying crypto startup Wyre Payments in a dealt worth around $1.5 billion. The companies said in a news release issued on April 7, "By joining forces, Bolt and Wyre will build commerce solutions for mainstream, secure cryptocurrency usage for millions of shoppers, retailers, and

News

Yellen says U.S. crypto rules should support innovation

U.S. Treasury Secretary Janet Yellen said on Thursday crypto asset regulations should support responsible innovation while managing risks, sticking to the direction of a recent White House executive order which was well-received by the crypto market. In her speech on digital assets policy, Yellen said that in a lot

News

Coinbase starts crypto trading services in India

Coinbase has now opened up its trading services for users in India, the company confirmed on Thursday. This information was made public at an event in Bengaluru, India's tech hub. Coinbase is the world's second-largest exchange by trade volume. Brian Armstrong, co-founder and CEO of Coinbase stated that his company

News

Meta plans virtual currency, creator coins for its apps

Meta Platforms Inc is planning on introducing virtual tokens and cryptocurrencies to its family of apps. The aim is to use such virtual tokens for rewarding creators as well as lending and other financial services. The plans are reported to still be in its early stages and come as Meta

News

JPMorgan CEO - DeFi and Blockchain "are real"

Investment bank JPMorgan says that decentralized finance (DeFi) and blockchain technology will bring major growth potential to the economy. The Wall Street investment bank is determined to remain "at the forefront of this innovation", wrote CEO Jamie Dimon to the bank's shareholders. "Decentralized finance and blockchain are real, new technologies

Coins

StrongBlock - Leading the Nodes-as-a-Service Space

* StrongBlock [https://t.co/OxpQWSpiRl] is the pioneer that first offered Nodes-as-a-Service (NaaS). * The DeFi-project is almost done building their own layer 1 blockchain [https://vestorportal.com/what-is-a-layer-1-blockchain/]. * A new token called $STRNGR was minted and will co-exist with $STRONG. Nodes-as-a-Service Nodes-as-a-Service [https://vestorportal.com/what-is-nodes-as-a-service/] projects allow investors to