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Weekly News

Crypto bug bounty platform Immunefi raises $24M led by Framework Ventures

  • Post author:admin
  • Post published:September 23, 2022
  • Post category:Weekly overview

The growth of decentralized finance, or DeFi, has made the blockchain industry especially vulnerable to scams and attacks. Web3 bug bounty and security services platform Immunefi has closed a $24…

Continue ReadingCrypto bug bounty platform Immunefi raises $24M led by Framework Ventures

Coinflex plans give 65% of company to creditors as part of restructuring proposal

  • Post author:admin
  • Post published:September 23, 2022
  • Post category:Weekly overview

Subject to a vote and court approval, the plan proposed CoinFlex creditors own 65% of the company, while its team members be allocated 15% of the company's shares. Cryptocurrency exchange…

Continue ReadingCoinflex plans give 65% of company to creditors as part of restructuring proposal

Blockchain venture capital funding fell to a 12-month low in August

  • Post author:admin
  • Post published:September 23, 2022
  • Post category:Weekly overview

The crypto market downturn continues to impact private funding, but one fund is bullish about the future of Web3. Data from Cointelegraph Research reveals that in August 2022, the blockchain…

Continue ReadingBlockchain venture capital funding fell to a 12-month low in August

Total crypto market cap shows strength even after the Merge and Federal Reserve rate hike

  • Post author:admin
  • Post published:September 23, 2022
  • Post category:Weekly overview

Many of the top-80 cryptocurrencies dropped by 15%+ in the past week, but the Tether premium in Asia-based futures markets shows traders remain calm. Cryptocurrencies have been in a bear…

Continue ReadingTotal crypto market cap shows strength even after the Merge and Federal Reserve rate hike

Fed interest rate hike rattles the crypto market: Dig deeper with Market Talks

  • Post author:admin
  • Post published:September 23, 2022
  • Post category:Weekly overview

The Fed has once again increased interest rates by another 75 basis points. Join us as we discuss this and more with Tim Warren, co-host of Coffee N Crypto, and…

Continue ReadingFed interest rate hike rattles the crypto market: Dig deeper with Market Talks

South Korean gov has confiscated 260B won in crypto for non-payment of taxes since 2021

  • Post author:admin
  • Post published:September 23, 2022
  • Post category:Weekly overview

The country began seizing crypto to offset tax arrears last year. According to regional news outlet mk.co.kr, the South Korean government has seized over 260 billion Korean won ($180 million)…

Continue ReadingSouth Korean gov has confiscated 260B won in crypto for non-payment of taxes since 2021

Russian officials approve use of crypto for cross-border payments: Report

  • Post author:admin
  • Post published:September 23, 2022
  • Post category:Weekly overview

Deputy Finance Minister Alexei Moiseev said the policy describes "how to acquire cryptocurrency, what can be done with it" and its use in cross-border settlements. The Bank of Russia and…

Continue ReadingRussian officials approve use of crypto for cross-border payments: Report
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