News

Opinion

With Crypto Tax Rules, Conservatives Chose Tax Cheats Over Free Enterprise

One reason broken crypto rules passed the Senate today is that Republicans rejected another revenue source: the rich paying their fair share.

Opinion  ·  10 August 2021
Venture Capital

A16z Leads $111M Token Sale for Helium’s HNT

The token-powered decentralized telecommunications project is bringing on fresh capital.

Business  ·  10 August 2021
Paxos

What We Know – and Don’t Know – About Stablecoins’ Dollar Backing

As information disclosed by issuers varies, it's not easy for investors to make apple-to-apple comparisons.

Markets  ·  10 August 2021
Funding Rounds

Crypto Trading Startup FalconX Achieves Unicorn Status With Latest Raise

The Chicago-based trading desk said revenue has grown by 30 times, year over year.

News  ·  10 August 2021
Senate

US Senate Sends Infrastructure Bill to House

The bill contains a broad definition of "broker" for crypto tax reporting requirements that lawmakers and industry advocates sought to change over the past week.

News  ·  10 August 2021
PayPal

Venmo Credit Card Holders Can Now Trade Cash Back for Crypto

Customers can choose between bitcoin, ether, litecoin and bitcoin cash.

News  ·  10 August 2021
Gaming

Tron Foundation Launches $300M Fund to Invest in GameFi Projects

The Tron Foundation is launching a $300 million fund, Tron Arcade, that will invest in play-to-earn projects over the next three years.

News  ·  10 August 2021
Bitcoin Mining

Bitcoin Mining Company CleanSpark Acquires Second Data Center

The 87,000-square-foot facility cost $6.6 million.

News  ·  10 August 2021
Wallets

Cross-Chain Wallet Liquality Raises $7M, Eyes Solana, Terra Functionality

The funding round was led by Galaxy Digital and Hashed.

Tech  ·  10 August 2021
Bitcoin

Human Rights Foundation, Compass Mining Give $80K to Sponsor Bitcoin Developer

Developer Jon Atack will continue to be able to support the code undergirding the Bitcoin network.

People  ·  10 August 2021
DeFi

DeFi Has Accounted for Over 75% of Crypto Hacks in 2021

That works out to $361 million, 2.7 times more than in 2020, according to new report by CipherTrace.

News  ·  10 August 2021
Ether

Cross-Chain DeFi Site Poly Network Hacked; Hundreds of Millions Potentially Lost

DeFi platform Poly Network was attacked on Tuesday, with the alleged hacker draining roughly $600 million in crypto.

News  ·  10 August 2021
DeFi

State of Crypto: What Just Happened in the US Senate?

After all the drama of the past week, the industry is right where it was eight days ago.

Policy & regulation  ·  10 August 2021
Digital Currency Group

Horizen Labs Raises $7M in Seed Funding Round

Kenetic Capital led the funding, which also included Digital Currency Group and Liberty City.

News  ·  10 August 2021
Securities and Exchange Commission

VanEck Tries Again for Bitcoin Strategy ETF With SEC

VanEck unsuccessfully tried to list a similar fund in 2017.

News  ·  10 August 2021