Investments Financial News

13.12 / 18:49

business Blockchain Investments Web3 game DOGAMÍ secures $14M total funding

DOGAMÍ, an augmented reality mobile game involving nonfungible token (NFT) pet companions, has completed a $14 million seed funding round, according to a Dec. 12 press release provided to Cointelegraph. The Web3 mobile gaming company raised $7 million led by VC firm XAnge after initially securing $6 million from industry leaders in January 2022.

13.12 / 18:17

Investments Trading Bitcoin Markets Pro delivers up to 1,123% ROI with quant-style crypto analysis for investors

Since Cointelegraph Markets Pro launched — bringing professional crypto market intelligence to every investor — the platform has helped thousands of subscribers to better understand the opportunities and threats inherent in the world of crypto investing and trading.

13.12 / 13:11

Blockchain Binance Investments VeChain What is VeChain (VET) and how does it work?

The fundamental traits of blockchain technology, including decentralization, immutability, transparency and automation, have proven to be capable of several use cases for different businesses. However, due to the costs of creating and maintaining blockchain-powered applications, it can be difficult and expensive for enterprises to fully utilize its benefits.

13.12 / 01:31

business Government Blockchain Investments Political Donations $75M worth of FTX’s political donations at risk of being recalled due to bankruptcy: Report

Following the collapse of FTX and its Nov. 11 bankruptcy filing, $73 million worth of its political donations is currently at risk of being recalled to repay the failed exchange’s creditors, according to a report by Bloomberg.

12.12 / 18:31

Blockchain defi Investments Exploit Hackers copied Mango Markets attacker's methods to exploit Lodestar: CertiK

According to a post-mortem analysis provided by CertiK of the $5.8 million Lodestar Finance exploit that occurred on Dec. 10,

11.12 / 11:11

business Investments Court investigation FTT investors' claims to be investigated for securities laws violations

To help out the recently duped investors of FTX Tokens (FTT), shareholder rights litigation firm — Schall Law Firm — has taken up the task of investigating the investors’ claims against FTX for violations of the securities laws.

10.12 / 23:35

markets Investments economy Bitcoin 5 tips for investing during a global recession

The economy is facing an outlook bleaker than a Welsh weather forecast, and few are rushing to buy risk assets. Here are a few tips for weathering unfavorable market conditions.

10.12 / 17:49

Binance Investments Trading Bitcoin spot trading What is spot trading in crypto and how does it work?

Since their inception, cryptocurrencies have seen rapid growth and widespread market adoption, as evidenced by the assets tied to crypto assets that have started to appear in the portfolios and trading methods of numerous asset managers. The process of purchasing and selling cryptocurrencies to profit is known as cryptocurrency trading.

10.12 / 04:55

business Investments Lessons we learned from the Terraform-FTX implosions

In May 2022, Terraform Labs’ LUNA cryptocurrency and TerraUSD (UST) stablecoin collapsed, triggering a massive shock in the crypto industry. Six months later, the bruised industry took another hammering as one of the largest cryptocurrency exchanges, FTX, filed for bankruptcy protection and billions of dollars of user assets went missing. The FTX empire, once valued at more than $30 billion, fell to zero in fewer than 10 days.

10.12 / 01:43

markets Blockchain Investments Bitcoin Data shows the Bitcoin mining bear market has a ways to go

Bitcoin (BTC) mining is the backbone of the BTC ecosystem and miners’ returns also provide insight into BTC’s price movements and the health of the wider crypto sector.

09.12 / 23:11

business Investments FTX FalconX says exposure to FTX represented 18% of its 'unencumbered cash equivalents'

Cryptocurrency trading company FalconX has disclosed that it suffered losses in the collapse of FTX.

09.12 / 23:11

business Investments hedge fund CEO of crypto news site The Block resigns for failing to disclose $27M loans from Alameda Research

Bobby Moran of crypto news website the Block has announced he will be assuming the position of chief executive officer following the resignation of Mike McCaffrey, who reportedly financed the platform through loans from Sam Bankman-Fried’s Alameda Research.

09.12 / 18:39

business Investments Bitcoin expansion Amber Group ditches expansion plans after denying insolvency: Report

Cryptocurrency trading firm Amber Group is putting its expansion plans on hold despite the FTX contagion having “no disruption” to its daily operations, according to a senior executive.

09.12 / 06:07

business Investments cryptocurrency investment Drop Q3 GameStop to drop crypto efforts as Q3 losses near $95M

Gaming retailer GameStop says it will no longer focus any efforts on cryptocurrencies, after amounting $94.7 million in net losses in the third quarter and laying off staff from its digital assets department.

08.12 / 23:37

Ethereum Investments Venture Capital Bitcoin Drop Countries and institutions move into crypto despite market drop: Report

The crypto markets have been in decline since the start of the second quarter of 2022. Each time it seemed like the apparent crypto winter would experience a minor thaw, another notable collapse happened: Celsius, Three Arrows Capital, and more recently, FTX.

08.12 / 22:45

business Investments transactions BlockFi employees were discouraged from describing risks in internal communications: Report

Following BlockFi’s Chapter 11 bankruptcy filing at the United States Bankruptcy Court for the District of New Jersey, reports have surfaced about the crypto lending company’s risk assessment and management culture.

08.12 / 18:03

Blockchain regulation Investments Newlyweds lose funds in FTX exchange a day after their wedding

While it’s undeniable that companies were significantly affected by the FTX debacle, retail investors like Jaime Zulueta – who recently just got married – also bore the burden of trusting a trading platform that ended up collapsing to oblivion.

07.12 / 23:11

Blockchain Adoption Investments Binance US eliminates trading fees for Ethereum

Binance US has announced that it has expanded its “zero fee price model” to Ether (ETH) effective immediately.

07.12 / 20:57

business Technology Investments Banks Zodia Custody launches service to protect users’ crypto from exchange insolvency

Crypto asset provider Zodia Custody has launched a new service to help protect its clients from exchange insolvency.

06.12 / 22:11

business Technology Investments transactions Warner Music, Polygon and LGND.io partner to launch Web3 music platform

E-commerce and interactive platform builder LGND.io has announced a multi-year partnership with blockchain network developer Polygon and global entertainment company Warner Music Group to create a Web3 music platform called LGND Music.

06.12 / 20:21

business Technology Investments Metaverse stake Animoca Brands secures majority stake in music metaverse gaming platform

Digital entertainment, blockchain, and gamification company Animoca Brands has secured a majority stake in the Los Angeles-based music metaverse gaming platform Pixelynx.

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