WATCH: 👇 Here are the week's big stories in the world of virtual money
FILE PHOTO: A stock graph is seen with a representation of bitcoin in this picture illustration taken taken March 13, 2020. REUTERS/Dado Ruvic/
“The current market conditions - I don’t think they faze investors,” said Roderik van der Graf, founder of Hong Kong investment firm Lemniscap, which focuses on crypto and blockchain. “The capital available is massive.” Companies have shuddered as prices fall, with major U.S. exchange Coinbase Global and NFT platform OpenSea among those to lay off hundreds of workers.
The numbers contrast with general VC activity in United States, where deals fell to $144.2 billion in the first half from $158.2 billion in the same period last year as macro conditions and market turmoil chill investment. Adoption of crypto as an investment tool mushroomed last year, with the use of blockchain also gaining ground - even if the revolutionary changes from the technology promised to industries such as finance and commodities remain elusive.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Crumbling Tower of 'Babel' Traded $280 Million of Users’ Crypto, Lost It AllThe crypto lending platform temporarily suspended withdrawals in June, but reports say it suffered big losses trading customer’s funds.
Weiterlesen »
Where Traditional Public Financing Fails, Blockchain Steps inAs regulators begin declaring crypto-tokens securities, they should consider that blockchains may represent an entirely new paradigm for building public goods. davidzmorris reports
Weiterlesen »
Grrrrrreat! House Passes Bill to Safeguard Big CatsBig cats rejoice, the House passed a resolution that would ban breeding big cats, including tigers and lions, by private owners or for commercial “cub petting” ventures.
Weiterlesen »
Regulation of Cryptocurrency in South Africa Should Not Scare Away Investors Experts Say – Regulation Bitcoin NewsGreg Rodrigues said:'Crypto is global and highly fluid, tending to flow into markets where regulations are welcoming, and just as easily out of those that are not.' regulations
Weiterlesen »
IMF Warns of Further Crypto Selloffs and More Coins Failing – Markets and Prices Bitcoin NewsA director with the International Monetary Fund (IMF) has warned of further crypto selloffs and more crypto token failures.
Weiterlesen »
Pat Toomey blames the SEC for crypto lending platform crisisAccording to the senator, the SEC didn’t properly explain how the Howey and Reves tests applied to crypto lending platform products.
Weiterlesen »