Andreessen Horowitz Launches A16z Crypto Research Lab

Post Views: 213 A16z, also known as Andreessen Horowitz, the venture capital (VC) company that has invested millions in crypto-related projects, has announced the launch of its own crypto research lab. This new initiative seeks to marry academic research with producing ideas and putting them into practice in startups and organizations in which the company…

Report Says Binance Shared Client Data With Russia, Crypto Exchange Denies Allegations

Post Views: 185 Cryptocurrency exchange Binance has been accused in a media report of agreeing to provide user data to Russia’s financial watchdog. The trading platform has refuted the allegations. It also insists it’s complying with Western sanctions imposed over Moscow’s invasion of neighboring Ukraine. Rosfinmonitoring labeled his network a terrorist organization a year ago….

IMF: India Is on the Frontline of Digital Currencies — Especially How It Handles Crypto Risks

Post Views: 176 International Monetary Fund (IMF) Managing Director Kristalina Georgieva says India is “a country that is on the frontline of digital currencies,” especially “how it handles a reduction of risk from crypto assets for the Indian people and businesses.” She met with Indian Finance Minister Nirmala Sitharaman to discuss crypto regulation. IMF Managing…

Microstrategy CEO Dispels Rumor of Company Quietly Selling Bitcoin

Post Views: 192 The CEO of the Nasdaq-listed company Microstrategy has dispelled the rumor that his company has been quietly selling bitcoin. He explained that as a company regulated by the Securities and Exchange Commission (SEC), changes in bitcoin holdings must be disclosed to shareholders via SEC filings. Microstrategy CEO Michael Saylor tweeted Friday dispelling…

US Lawmakers Call for More Oversight of Cryptocurrency’s Environmental Impacts

Post Views: 215 Twenty-three U.S. lawmakers have called on the U.S. Environmental Protection Agency (EPA) to increase oversight of cryptocurrency’s environmental impacts. “We request that the EPA evaluate ‘Proof-of-Work’ mining facilities’ compliance with environmental statutes,” they said. U.S. Representative Jared Huffman (D-CA) and 22 other Congress members jointly sent a letter to Environmental Protection Agency…

Shiba Inu’s New Burn Portal Rewards SHIB Burners for Destroying Their Tokens

Post Views: 256 Shiba inu holders can now get rewards for burning their SHIB tokens as the project’s development team officially launched the Shibaswap burn portal. According to the team, SHIB burners generate passive income in the form of RYOSHI rewards by holding on to a new token called “burntSHIB.” This portal has been built…

Another 6 Members of Finiko Crypto Pyramid Arrested in Russia

Post Views: 190 Russian law enforcement authorities have detained six more members and executives of the notorious crypto Ponzi scheme Finiko. Police in the Republic of Tatarstan and Russia proper have conducted dozens of searches as part of an ongoing investigation into the pyramid, which defrauded investors around the world. The Russian Ministry of Internal…

Bitcoin, Ethereum Technical Analysis: BTC Moves Below $40,000 on Saturday

Post Views: 243 Bitcoin fell below $40,000 to start the weekend, as crypto markets continued to be submerged by the latest red wave. ETH was also lower on Saturday, and remained in the red for a second consecutive session. BTC dropped below the $40,000 level to start the weekend, following a three-day losing streak which…

KyberSwap Launches on BitTorrent Chain With $1.5M in Liquidity Mining and Incentive Rewards

Post Views: 168 The partnership will accelerate DeFi’s adoption with the combined benefits of best trading and earning rates, ease of use, security, and multi-chain capabilities. KyberSwap is the leading multi-chain DEX and is the best place to trade and earn the most excellent rates in DeFi. As of March 2022, KeyberSwap was the #7…