FTX collapse impacts Miami’s nightclub scene: Report
Young crypto entrepreneurs went from spending big bucks on champagne showers to being visibly absent from the nightclub scene. Go to Source Powered by WPeMatico
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MakerDAO community votes against CoinShares’ 500M investment proposal
About 72.43% of the community votes went against CoinShares’ proposal to invest MakerDAO’s funds into various traditional assets Go to Source Powered by WPeMatico
Crypto fund investment still dominated by the United States: Database
Crypto database shows that most firms are venture capital at 52.8%, followed by hedge funds with 44.3% and then private equity and mutual funds at 2.9%. Go to Source Powered by WPeMatico
Trouble in the Bahamas following FTX collapse: Report
The locals say they are having to contend with vacant apartments and the loss of job opportunities, once provided by the collapsed exchange. Go to Source Powered by WPeMatico
Crypto Biz: Institutions short Bitcoin as SBF is ‘deeply sorry’ for FTX collapse
The fallout from the FTX collapse continues to reverberate across the crypto market. Institutions are using this opportunity to short BTC. Go to Source Powered by WPeMatico
How bad is the current state of crypto? On-chain analyst explains
Despite the widespread loss of confidence in crypto following the FTX collapse, Bitcoin’s on-chain data gives investors hope. Go to Source Powered by WPeMatico
Crypto lender Matrixport seeks $100M funding despite lending crisis
Bitmain-backed crypto lender Matrixport is the other half of a new funding round targeting a $100 million raise. Go to Source Powered by WPeMatico
Binance says its Industry Recovery Initiative has 7 enrollees, 150 applicants
The initiative was announced Nov. 24 by CEO Chengpang Zhao (CZ) as an effort to “protecting consumers and rebuilding the industry.” Go to Source Powered by WPeMatico
Casper Association launches $25M grant to support developers on its blockchain
To complement the launch of its grant program, Casper said it will provide education to support developers and innovators on its network. Go to Source Powered by WPeMatico
DeFi protocol raises $10M from Bitfinex, Ava Labs despite turbulent market
The prolonged market volatility has not stopped investors from backing a new protocol which merges DeFi and the foreign exchange market. Go to Source Powered by WPeMatico