Report Suggests There Could Be 1 Billion Crypto Users by 2030 As The Global Reach Expands
Boston Consulting Group’s report shows that crypto has 0.3% of the wealth, while equities have 25%.
3AC Founders Speak Out About Trades That Caused The Company to Implode
Three Arrow Capital founders claim Terra, Grayscale’s Bitcoin Trust and staked Ethereum contributed to the collapse of the company in a long post-mortem.
Galaxy Digital Founder States 200x Returns are Beyond the Norm – Mike Novogratz
Ex-LUNAtic Mike Novogratz told crypto investors that insane returns in crypto are unsustainable.
Coinbase Ensures Investors it Has no Exposure to Recently Bankrupt Crypto Companies
Coinbase, a crypto exchange, has stated that it had “no financing exposure” to bankrupt companies, such as Voyager Digital, Celsius Network, and Three Arrows Capital (3AC). Coinbase stated that the issues were “predicted and credit-specific” and not crypto-specific.
$25 Million Raised In Funding Round for Hashflow to Help with Product Launch
The Series A funding of $25 million brings the decentralized financial trading platform’s value to $400 million. Hashflow plans to launch structured products through a decentralized request for quote platform in Q4 2022.
CEO Tim Sweeney of Epic Games States No Ban on NFTs Unlike Minecraft
Tim Sweeney, CEO and co-founder of the company, stated that “Stores and operating systems makers should not interfere by forcing their views onto other people.”
Russian Mining Farm Close to Moscow Robbed by Masked Gang
Local media reported that armed robbers had taken over a large cryptocurrency mining facility near Moscow. In the latest theft of coin minting hardware in Russia, the unidentified perpetrators took dozens of video cards.
Recently Hacked Premint NFT Platform Honourably Pays Back ETH to Victims
Brenden Mulligan, CEO of Premint, stated that the NFT platform has also acquired Vulcan wallet security firm to prevent hackers from returning.
Investors Lose – $42 Million Has Been Lost In Fake Crypto Apps – FBI Investigate
Federal Bureau of Investigation (FBI), has warned investors about fraudulent cryptocurrency apps. The FBI identified 244 victims, and estimated the loss to be $42.7million.
Ireland Give Gemini The green Light for Virtual Asset Services
Gemini, a New York-based crypto trading platform, opened its Dublin office last year. It is now granted with a VASP licence.
