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Tiger Global Cuts Stakes on Bored Ape Yacht Club and OpenSea Holdings
The investment firm Tiger Global has reportedly reduced the valuation of its holdings in Bored Ape Yacht Club and OpenSea. Per a Bloomberg report, the company marked down the value of its investment in Bored Ape Yacht…
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Binance’s explosive growth led to compliance failures
“As part of the settlement, CZ cannot be involved in the day-to-day running of the company’s operations,” Richard Teng explains.Despite that, the incumbent CEO of Binance cuts the figure of a man reveling in the challenges ahead.…
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Bitcoin price surge toward $40K boosts sentiment in KAS, RUNE, MNT and RNDR
Bitcoin (BTC) finally broke above the formidable resistance of $38,000 in the past week and marched closer to $40,000. This move shows that Bitcoin’s trajectory remains up. The bulls will try to maintain the momentum and achieve a strong…
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Madeira seeks to boost economy with startups, innovative payment system
An archipelago in the middle of the Atlantic is seeking startups and tech talents to boost its economic growth. Web3 entrepreneurs are flocking to this region.Portugal's Madeira archipelago has been praised for its natural beauty, but an…
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Tiger Global marks down stakes in BAYC and OpenSea: Report
Investment firm Tiger Global has reportedly marked down several investments, including stakes in popular nonfungible token projects like the Bored Ape Yacht Club (BAYC) collection and NFT marketplace OpenSea. Citing anonymous sources,…
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SEC faces sanctions threat as Judge questions DEBT Box case accuracy
United States District Judge Robert Shelby has cautioned the Securities and Exchange Commission (SEC) lawyers, hinting at possible sanctions due to purportedly deceptive statements in a legal action against Digital Licensing Inc., also…
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Can Markets Climb Higher on $1.1B OI?
Friday is Bitcoin options expiry day, and there has been an increase in derivatives trading in recent weeks as spot BTC ETF hype grows. Crypto markets have also been steadily gaining but can this expiry event add to the momentum? …
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KuCoin pledges $20K grant to TON Foundation for ecosystem development
KuCoin Ventures, the venture arm of Seychelles-registered crypto exchange KuCoin, will provide grants to The Open Network (TON) blockchain platform, including an initial $20,000, to support the growth and expansion of the TON…
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OPNX token spikes 50% after Su Zhu unexpectedly posts a ‘gm’ on Twitter
Open Exchange Token (OX), the native token of the crypto bankruptcy claims platform OPNX, spiked 50% just 20 minutes after co-founder Su Zhu supposedly posted to X (Twitter) for the first time since his arrest.On Dec. 1, Su posted a…
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Crypto-based AI markets, and AI financial analysis – Cointelegraph Magazine
We’re rolling out genuine use cases for AI and crypto each day this week — including reasons why you shouldn’t necessarily believe the hype. Today get two for the price of one: Blockchain based AI marketplaces, and…
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