Crypto news

Venture capital giant Andreessen Horowitz, also known as a16z, has been affected by the ongoing crypto winter, with the company’s flagship cryptocurrency fund losing nearly half of its value in the first six months of 2022. The declining performance is a massive difference from the gains experienced last year when the company’s investments grew over 1,000%. A16z Not Immune to Crypto Winter According to the Wall Street Journal on Wednesday (October 26, 2022), a16z’s flagship...

Every successful project has a strong team of develops behind it. A team was formed from a group of professional developers and programmers, a marketing department, as well as the most experienced managers led by the Chief Executive Officer, and worked on the Be Happy project. You can learn more about the team on the website’s Team section. Rest assured, its vast experience and credibility in the crypto sphere will leave you greatly impressed. The game’s features will...

Bitcoin reached past $21,000 on Wednesday for the first time since mid-September, following a lower-than-expected rate hike at the Bank of Canada.  Economists say the move may signal a reversal from the central bank’s tight monetary policy stance. The Effect of Rate Hikes Canada’s central bank, which announced a 50 basis point increase to its policy rate on Wednesday, said its recent rate hikes are showing evident effects in “interest sensitive” economic areas. “Housing...

Zen Ledger – a leader in digital currency tax software – has announced it is partnering with crypto payment processor Bit Pay so it can accept crypto payments for goods and services. Zen Ledger and Bit Pay… A Perfect Match! The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on either speculative or even hedge-like statuses in recent...

The metaverse just took a major step towards fulfilling its potential. Univers has announced a broad-reaching partnership and strategic collaboration with EVA. Both teams are at the spearhead of developing technology for the next great evolution of the internet. Both teams are passionate about creating a metaverse that realises its founding ambition of being decentralised, user-owned, and permissionless. And now, both teams are working together. EVA and Univers Vision...

The U.S. Treasury has warned that unregulated cryptocurrencies could come back to haunt the United States and its financial workings. The Treasury Is Terrified of Crypto The Treasury has been engaged in digital currency research for some time given that back in March, Joe Biden issued a crypto executive order calling for all financial agencies within the United States to examine and explore the risks and alleged advantages associated with digital currency assets. The...

As per the data compiled from Morningstar Direct for FT, the Bitcoin Strategy fund (BITO) launched in October 2021 by ProShares lost money on an “unprecedented scale.” The ETF has attracted consistent inflows throughout the past year, with only two withdrawals. However, data suggested net inflows of $1.8 billion in its debut year, while its current assets were recorded at $624 million, meaning a 70% drop in the fund’s equity price. Down 70% Jeffrey Ptak, chief rating officer...

[PRESS RELEASE – Please Read Disclaimer] United Kingdom, October 20, 2022 — CryptoKG, a next-generation crypto exchange platform, aims to bring a wide range of tools to users at every level of experience in the crypto space, allowing them to buy, sell and exchange their crypto coins safely and efficiently. With UK registration and EU licensing, the platform offers trading services to more than 140 countries, including the United Kingdom. CryptoKG transcends being a crypto...

[PRESS RELEASE – Please Read Disclaimer] SPACE KILL, the first multiplayer real-time matching party game on the BSC chain, announced the completion of the seed round of financing. More than 10 institutions including UpHonest Capital, Welight Capital, ARPA, TKX Capital, Nihil Ventures, Spike Solution participated in the investment. Additionally, this is the first fund of Uphonest’s fund in web3 gaming investment. The specific investment amount has not yet been revealed. The...

Leading crypto donation platform Engiven is keeping up its current trend of being the ultimate church donation company by partnering with Secure Give, which manages church donation applications. The latter has selected Engiven to enable more people to give money to their favorite religious institutions. Engiven and Secure Give Work Together James Lawrence – co-founder and CEO of Engiven – stated in a recent interview: Secure Give has been a pioneer in church giving...