HashKey Group Attains ‘Unicorn’ Rank Following $100M Funding
OKX Ventures was allegedly one of the Series A round’s lead investors. This round carried HashKey Group over the $1B ‘unicorn’ threshold. HashKey Group, a...
Chainalysis Reporting 29% Crypto Crime Decline in 2023
A recent blockchain-based analyst firm Chainalysis disclosure hails FTX for tipping the scale of the illicit crypto amount reported following the Sam Bankman-Fried conviction. Chainalysis...
Solana Mobile Developing More Affordable Smartphones Compared to Saga
A less costly replacement to the Solana Saga is allegedly planned. This comes after purchasers harvested bundled airdrops and tokens after the original phone went...
Flowdesk Nets $50M in Series B Funding to Realize $250M
French-based crypto market maker Flowdesk announced the conclusion of a Series B round that successfully earned it $50 million. The Series B round attracted participation...
Cantor Fitzgerald Chief Assures Tether Reserves as Fully Backed by Deposits
Cantor Fitzgerald chief executive Howard Lutnick indicated that Tether possesses the money it claims as USDT reserves. The executive disclosed this during an interview with...
US GAO Makes Public Recommendations to SEC Before Spot Bitcoin ETF Approval
The Government Accountability Office (GAO) of the United States issued three primary suggestions to the Securities and Exchange Commission (SEC) before approving the spot Bitcoin...
CoinShares Seeking to Acquire Valkyrie Crypto Division
CoinShares secured the option to acquire Valkyrie’s crypto unit in November last year. Currently, it is using this option after the listing of Valkyrie spot...
GameStop Abandoning Crypto Gaming, Eliminating NFT Marketplace
This news comes four months following the storied video game retailer dropping its nonfungible token wallet, with GameStop planning to leave the space altogether. GameStop,...
IRS Postpones Enforcing Crypto Tax Rules, Exempts Over $10k Transactions from Tax Obligations
The US Internal Revenue Service (IRS), in an announcement on Tuesday, January 16, confirmed the suspension of the enforcement of tax rules obligating businesses to...
NEAR Foundation Downsizes 40% Workforce, Eyes Efficient Functioning
The NEAR Foundation announces a 40% workforce reduction, triggering diverse speculations across Web3. The announcement sent shockwaves, given the NEAR Foundation's prominence in empowering protocol...