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Bitcoin is a better platform for Web3, says Lightning Competition organizer

December 16, 2022 by Volans Marketing

Bear markets are for building Bitcoin (BTC) companies. At least, that’s what the Legends of Lightning, a nine-week contest for competing Bitcoin businesses, would indicate.  The tournament-come-hackathon ran more than …

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5 key takeaways from Huobi 2022 crypto industry report

December 16, 2022 by Volans Marketing

Over the last year the crypto, and greater Web3 industry has seen a rollercoaster of loss, growth and innovation – and the data shows. In the latest industry report from …

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Amber Group raises $300M to recover from FTX contagion

December 16, 2022 by Volans Marketing

Amber has completed a new $300 million Series C funding round, led by blockchain-focused venture capital company Fenbushi Capital US, the firm announced on Twitter on Dec. 15. The new …

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Silvergate faces class-action lawsuit over FTX and Alameda dealings

December 16, 2022 by Volans Marketing

A class-action lawsuit against Silvergate Bank, Silvergate Capital Corporation and Silvergate CEO Alan Lane was filed at the California Southern District Court concerning accounts held by embattled crypto companies FTX …

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New House Financial Services Committee chair wants to delay crypto tax changes

December 16, 2022 by Volans Marketing

The incoming United States House Financial Services Committee chair Patrick McHenry wants the Treasury to delay the implementation of a section of the Infrastructure Investment and Jobs Act that deals …

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Charges laid over alleged ‘crypto mining’ Ponzis that netted $8.4M

December 16, 2022 by Volans Marketing

United States prosecutors have laid charges in two separate cases against nine people who founded or promoted a pair of cryptocurrency companies alleged to be Ponzi schemes that netted $8.4 …

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Japan set to ease 30% crypto tax on paper profits for token issuers

December 16, 2022 by Volans Marketing

The Japanese government is set to ease tax requirements for local crypto firms, as it pushes to stimulate growth in the domestic finance and tech sectors. At present, Japanese firms …

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CryptoQuant verifies Binance’s reserves, reports no ‘FTX-like’ behavior

December 16, 2022 by Volans Marketing

Blockchain analytics provider CryptoQuant has released a report analyzing the recently released proof of reserves audit of the world’s largest crypto exchange, Binance. Centralized exchanges have been cast into the …

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FTX wants permission to sell FTX Japan and FTX Europe as well as LedgerX

December 16, 2022 by Volans Marketing

On Dec. 15 lawyers representing FTX filed a motion with the United States Bankruptcy Court seeking permission to sell off the firm’s Japanese and European branches, derivatives exchange LedgerX and …

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Community baffled by Trump’s bizarre ‘SimpDAO’ NFT collection

December 16, 2022 by Volans Marketing

Former president and crypto hater Donald Trump’s bizarre NFT collectible project has left the community baffled. Even conservatives and avid MAGA supporters are scratching their heads, while analyst Eric Wall …

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