Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investment news
Binance Labs, the venture capital and incubation arm of Binance, announced the closing of a new USD 500m investment fund. It will invest in projects that can extend the use cases of cryptoassets and drive the adoption of Web 3 and blockchain technologies, they said.
Digital investment firm CoinShares announced it has booked “an exceptional loss” of GBP 17m (USD 21.33m) on liquidating its TerraUSD (UST) holdings. However, they added that this has not had any impact on any of their additional Capital Markets activities, nor does it in any way impact the hedging and collateralization of any of the company's exchange-traded products (ETPs).
Cross-border payments company Ripple and crypto exchange FTX are both on the lookout for acquisitions, according to CNBC. Ripple has “a very strong balance sheet” per its CEO Brad...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...