Crypto VC Market ‘Tepid’ as Q3 Investments Declined 20%, Says Galaxy Digital
Scared away by the various crypto collapses in 2022, institutional allocators have yet to make a comeback.
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Bitfinex Hacker Ilya Lichtenstein Should Serve 5 Years in Prison, DOJ Says
Prosecutors have requested that Ilya “Dutch” Lichtenstein, who pleaded guilty last year to the 2016 hack of crypto exchange Bitfinex, should spend five years behind bars for his crime.
Crypto Usage Setting Records Amid Regulatory Uncertainty, A16z Says in Report
The report highlights a dramatic increase in blockchain activity, with 220 million addresses interacting with the technology at least once in September, triple the number in late 2023.
Donald Trump-Supported World Liberty Financial Raises Just 4% of Token Sale Target on First Day
Just over 792.36 million tokens of a 20 billion target have been sold since its hushed started at 12:40 UTC on Tuesday, raising nearly $11 million for the project.
Bitcoin’s Inverse Ties With Dollar Index Challenged as U.S. Election Looms
Traders seek upside exposure in BTC even as FX option indicate a bias a bullish bias for the dollar index.
Dubai’s VARA Has Struck Correct Balance in Licensing Time Frame, Says Senior Official
Dubai’s Virtual Assets Regulatory Authority believes it has struck the correct balance in terms of time taken to award licenses to crypto-related applicants, its senior official Sean McHugh told CoinDesk in an interview on Tuesday, disputing any perception of being a friendlier-than-usual crypto regulator.
Trump Touts New Crypto Token After Initial Sales Are a Dud
A token sale for World Liberty Financial was active earlier on Tuesday before the site crashed.
Grayscale Looks to Turn Multi-Token Fund Into ETF
Grayscale Investments has filed to turn its multi-token fund, the Grayscale Digital Large Cap Fund, into an exchange-traded fund.
Is Elon Musk Selling Bitcoin? Tesla Transfers All $760M of Its BTC to Unknown Wallets.
On-chain data indicates that wallets associated with Elon Musk’s electric car company have begun moving funds.
Coinbase Escalates SEC Fight Over the Agency’s Inside Chatter on ETH
An intermediary for the biggest U.S. crypto exchange, Coinbase Inc. (COIN), is cranking up its legal fight over the Securities and Exchange Commission’s unwillingness to produce documents revealing the regulator’s internal thinking on whether to pursue Ethereum’s ether {{ETH}} and other tokens as illegal securities.