Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn

On Tuesday, global asset manager Hashkey, which focuses on crypto and blockchain investments, announced that it has closed its third fund at $500 million. The company’s “HashKey Fintech Investment III” is dedicated to developing crypto solutions, blockchain technology, and Web3 concepts. Hashkey Capital’s Fund III to Focus on Web3, Emerging Markets and Crypto Solutions Amid […]

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Report: Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTX

Report: Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTXAccording to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans to bail out the crypto trading firm. Singapore’s state investor has been known to have invested in the cryptocurrency and blockchain industry for quite some […]

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Digital Asset Exchange Platform Granted ‘Crypto Financial Services Provider License’ by Israeli Regulator

An Israeli capital markets regulator, the Insurance and Savings Capital Market Authority, recently granted a “crypto financial services provider license” to Bits of Gold, the first such license for an active company in the country. This license allows Bits of Gold to offer crypto custodian services and to enable the safekeeping of funds belonging to […]

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Gofundme Shuts Down Truckers’ Freedom Convoy Fundraiser, Move Highlights the Importance of Crypto Crowdfunding

Gofundme Shuts Down Truckers' Freedom Convoy Fundraiser, Move Highlights the Importance of Crypto CrowdfundingThis week the world has been watching the thousands of truckers in Canada protesting the vaccine mandates at the Freedom Convoy in Ottawa. The Freedom Convoy has received worldwide support and millions of dollars were raised using Gofundme to help fund the protest. However, the crowdfunding platform decided to halt the fundraise and reimburse the […]

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Former Zcash Developer to Lead Twitter’s Decentralized Social Media Project Bluesky

Former Zcash Developer to Lead Twitter's Decentralized Social Media Project BlueskyOn December 11, 2019, the CEO of Twitter announced the company was funding a project aimed at creating a decentralized social media standard. Jack Dorsey said that the ultimate goal of the project dubbed “Bluesky” is for Twitter to be a client of the standard. A year and eight months later, Bluesky announced that a […]

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The NBA’s Cleveland Cavaliers to Collaborate With Blockchain Firm Socios.com

The NBA's Cleveland Cavaliers to Collaborate With Blockchain Firm Socios.comFollowing the announcement from the National Basketball Association’s (NBA) Boston Celtics, the Cleveland Cavaliers has officially partnered with the blockchain firm Socios.com. The partnership is aimed at increasing the Socios brand and awareness via the Cavaliers’ global asset platform. Socios Partners With the Cavs On July 26, Socios.com and the NBA team, the Cleveland Cavaliers, […]

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The Boston Celtics Announce Partnership With Blockchain Company Socios.com

The Boston Celtics Announce Partnership With Blockchain Company Socios.comThe crypto industry keeps entering into mainstream venues via professional sports leagues, athletes, and teams this year. On Wednesday, the Boston Celtics revealed a partnership with the blockchain provider Socios.com. Socios.com to Serve as the Presenting Partner of the NBA’s Boston Celtics On July 7, Socios.com, the blockchain firm that offers fans a chance to […]

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Softbank Invests $200 Million in Brazilian Crypto Trading Platform Mercado Bitcoin

Softbank Invests $200 Million in Brazilian Crypto Trading Platform Mercado BitcoinThe multinational conglomerate holding company headquartered in Tokyo, Softbank operates a Latin America Fund that invests in startups focused on identification technology, e-commerce, education, fintech and now cryptocurrency solutions. The Softbank Latin America Fund revealed on Thursday that it invested $200 million in the crypto-asset exchange Mercado Bitcoin. Mercado Bitcoin’s $200M Capital Raise: Softbank Funds […]

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Tim Draper’s Venture Studio to Triple-Down on Blockchain Projects With a $25M Fund

Tim Draper's Venture Studio to Triple-Down on Blockchain Projects With a $25M FundAt the LA Blockchain Summit, the blockchain and fintech venture studio Draper Goren Holm announced the launch of a $25 million blockchain fund called “Fund 1.” According to the announcement the money will be used for promising blockchain and fintech startups in Series A and seed investments. On October 6, 2020, the Los Angeles-based venture […]

The post Tim Draper’s Venture Studio to Triple-Down on Blockchain Projects With a $25M Fund appeared first on Bitcoin News.

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Americans Purchase $1,200 Worth of Bitcoin, While 7 Banks Fumble With Stimulus Payments

For years now, bitcoiners and cryptocurrency proponents have said the antiquated banking system will not continue to survive for very long and the financial system is showing massive cracks these days. The recent stimulus check fiasco is a prime example of the issue, as customers from PNC, JPMorgan Chase, US Bank, and Capital One have […]

The post Americans Purchase $1,200 Worth of Bitcoin, While 7 Banks Fumble With Stimulus Payments appeared first on Bitcoin News.

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