Nigeria’s Securities and Exchange Commission (SEC) Director-General Emomotimi Agama said the country was open to stablecoin businesses that comply with local regulations.According to a Thursday report by English-language local news…
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Agama, a longtime SEC official appointed Director-General in 2024, has pushed for more proactive engagement with digital asset firms.
His latest remarks follow the onboarding of stablecoin firms into the…
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The Senate just released a discussion draft of its own crypto market structure legislation.
The House passed a companion bill last week, dubbed the CLARITY ACT.
The Senate's version differs in…
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PayPal co-founder Peter Thiel and other tech billionaires are banding together to fill a void left by crypto-linked Silicon Valley Bank.
The proposed bank, Erebor, will serve firms that focus…
A group of tech billionaires led by Palmer Luckey, co-founder of military contractor Anduril, are launching a U.S. bank named Erebor to serve startups, including Bitcoin and other crypto businesses,…
In brief
Four North Korean agents allegedly used stolen identities to land remote IT jobs at a U.S. crypto startup.
The group stole roughly $900,000 in two transactions and laundered crypto through…
Galaxy Digital has closed a $175 million venture fund, its first with outside capital, as the company ramps up plans to invest in early-stage crypto startups.The fund, which exceeded its…
Key Points:Crypto startups struggle, with 45% failing and low income reported.Venture capital failure rates: Polychain 44%, Yzi Labs 72%.Smaller projects face higher 33% failure rates.
A recent study by Chainplay and…
Amsterdam-based Theta Capital Management raised over $175 million for its latest fund-of-funds, aimed at supporting early-stage blockchain startups through specialized venture capital (VC) firms.The new vehicle, Theta Blockchain Ventures IV,…
Key Points:A100x announces a $50 million fund for blockchain and AI startups.Targeting early-stage innovation in digital assets.No immediate impact on Ethereum or Bitcoin markets.
A100x, a venture capital firm known for…