During the previous market surge, venture capital firms impulsively invested heavily in blockchain gaming initiatives. However, industry insiders claim that these firms are now adopting a more thoughtful and long-term strategy for their investments in this sector. Shi Khai Wei, the founder of LongHash Ventures, a venture capital firm specializing in cryptocurrencies, expressed amazement to … Read more
The SEC investigation of Uniswap, which we became aware of a year ago, is now leading to legal action against Uniswap Labs. A Wells notice, an advance warning from the SEC prior to filing a lawsuit, has been issued. The Uniswap situation isn’t due to any deceit or misappropriation of funds by those constructing its … Read more
The bulls ceded the $150 level to the bears recently as selling pressure intensified. Further losses appeared likely, and $150-$160 is a firm resistance zone. On April 14th, Solana (SOL) bulls experienced a momentary relief as the price surpassed the psychologically significant level of $150. It’s possible that the v1.17.31 update played a role in … Read more
According to reports, Senator Sherrod Brown, who chairs the US Senate Banking Committee, intends to move forward with a substantial stablecoin legislation by linking it with proposals concerning marijuana companies and recovering banker compensation. Based on a Bloomberg article from April 16, Senator Brown expressed his willingness to support stablecoin legislation in Congress, under the … Read more
At WebSummit Rio on April 16, Animoca Brands’ founder Yat Siu participated in a discussion called “The Return of Bitcoin’s Vengeance: Is Web3 Regaining Popularity?” At the panel, Siu said he has no doubt that Bitcoin (BTC) will reach $1 million: “I believe that Bitcoin could reach over a million dollars at some point. But, … Read more
BNB looked bullish despite market turmoil. The Bitcoin halving might have a significant impact on major altcoins. Due to geopolitical conflicts between Iran and Israel, a sense of uncertainty and fear has spread over the cryptocurrency market, resulting in a significant downturn or crash. At the moment of writing this, Bitcoin’s price had dropped beneath … Read more