Bored Ape start-up eyes investment deal with Andreessen Horowitz February 3, 2022 The Bored Ape Yacht Club is reportedly in talks with investment fund Andreessen Horowitz over a funding round which could value it at $5bn.
Paypal shares down 25 per cent as 4.5m illegitimate accounts shut down February 3, 2022 Paypal has closed 4.5m illegitimate accounts and lowered its new customer forecast causing shares to lose a quarter of their value overnight.
IOTA Foundation donates £1m to Imperial College for circular economy research February 3, 2022 The IOTA Foundation - a not-for-profit organisation driving the development of open-source distributed ledger technologies (DLT), has donated a £1 million philanthropic grant to Imperial College.
UK crypto industry balks at new tax rules for decentralized finance February 3, 2022 The UK's crypto industry is up in arms over new tax rules issued by HMRC on lending and staking assets on decentralized finance platforms.
Crypto markets drop as Facebook earnings threaten wider market recovery February 3, 2022 The price of Bitcoin is currently down by more than three per cent since yesterday morning to around $37,000.
Australia’s richest man files lawsuit against Facebook over scam ads February 3, 2022 Facebook is in hot water once again after an Australian billionaire launched legal proceedings against parent company Meta. Iron ore magnate Andrew Forrest today confirmed the launch of criminal proceedings against Meta in an Australian court, alleging that it breached anti-money laundering laws and let its platform be used to scam Australians. The Fortescue metals [...]
Squared Financial announces US expansion and rolls out digital asset trading February 3, 2022 Fintech brokerage Squared Financial has today announced plans to expand into the US as it launches a new dedicated digital asset trading platform.
Is the future of our financial system DeFi? February 3, 2022 If Bitcoin is the Book of Genesis in crypto’s historical record, then DeFi (decentralised finance) might as well be the New Testament. Not a big religion buff? That’s ok – we’ve put together a way more detailed explanation about DeFi and its key components. While having knowledge of the broader cryptoasset market is key, DeFi [...]
The rise of the crypto lawyer – Glaisyers strikes deal with specialist crypto firm February 2, 2022 Commercial law firm Glaisyers ETL has struck a deal with a Stockport based law firm that specializes in recovering stolen crypto assets, amid a rise in scams and fraud linked to cryptocurrencies. Glaisyers’ investment in Wealth Recovery Solicitors (WRS) has seen the specialist crypto law firm move from their former headquarters in Stockport to [...]
Crypto AM shines its spotlight on Bricktrade – a London-based property tokenisation platform February 2, 2022 Bricktrade is the UK's first property investment platform that tokenises real estate assets and opens them up to the possibility of investment from crypto market participants, whilst simultaneously providing real asset-backed investments.