Venture capitalists are significantly ramping up their investments in crypto-related funds this year, marking a stark contrast to the downturn experienced last year. According to a recent PitchBook report released on September 5, the median fund size has surged by 65.1%, reaching $41.3 million in 2024. Crypto-savvy investors are increasingly establishing midsized venture capital funds, […]

The Trump family’s latest business venture, initially branded as “The Defiant Ones” and now known as World Liberty Financial, is already surrounded by controversy just days after its announcement. The platform is being promoted by Trump’s eldest sons, Eric Trump and Donald Trump Jr., who serve as “ambassadors” for the initiative. However, reports reveal connections […]

VanEck has announced its decision to close and liquidate its Ethereum Strategy ETF, listed on the CBOE under the ticker symbol ‘EFUT.’ Trading for the fund will cease after the market closes on September 16, with liquidation expected to be completed around September 23. Shareholders holding EFUT shares on the liquidation date will receive a […]

The recent price volatility in the cryptocurrency market resulted in nearly $50 million worth of leveraged derivatives positions being liquidated within just one hour, according to data from CoinGlass. The broader Piinetbox 20 Index fell by 3% in the past 24 hours, with major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), XRP, and Cardano (ADA) […]

The move follows the CEO’s recent arrest in France for allegedly neglecting to monitor illegal content. Telegram is making a significant shift in its approach to “illegal” activities on its messaging platform, just days after CEO Pavel Durov was detained in France for purportedly failing to regulate unlawful content. On Thursday evening, the previously permissive […]

The team behind World Liberty Financial is poised to receive an astonishing 70% allocation of the project’s WLFI tokens, a figure that significantly surpasses typical distributions for projects claiming to address the inequities of the traditional finance system. According to a draft white paper obtained by Pinetbox, a staggering 70% of WLFI tokens will be […]

Crypto traders are once again engaging with the serious realm of presidential politics through the lens of meme coins, with one particular coin for Vice President Kamala Harris seeing a notable surge. The coin, named KAMA, skyrocketed to an all-time high of 2.4 cents shortly after President Joe Biden announced he would not seek re-election. […]

“I ran too hot this week, and will address that in full soon.” Ryan Selkis, the founder and CEO of the crypto data platform Messari, is known for his outspoken presence on social media, often using X (formerly Twitter) to direct sharp criticisms at Gary Gensler’s Securities and Exchange Commission, among others. However, his recent […]