The Chinese government-backed CPIC Investment Management is launching two crypto funds related to blockchain investment and staking. The Chinese government appears to be more bullish on the cryptocurrency industry than one might think, as a major state company is reportedly launching new cryptocurrency funds. CPIC Investment Management, a subsidiary of China Pacific Insurance (CPI), is...Continue Reading

University-affiliated research initiatives received more than $13 million in grants from the FTX Future Fund, with several students getting $100,000 in grants. The collapse of the FTX exchange and its subsidiaries in November 2022 also led to the shutdown of its philanthropic arm, FTX Future Fund. The philanthropic arm had pledged $1 billion in donations...Continue Reading

Cardano founder Charles Hoskinson is optimistic about the future of crypto despite the setbacks, and anticipates a high rate of Cardano adoption in Africa this year. Charles Hoskinson, the co-founder of Ethereum and founder of Cardano, joins Elisha Owusu Akyaw on episode 14 of Cointelegraph’s Hashing It Out podcast to discuss the current state of crypto and...Continue Reading

The hacker returned 414 Ether in one initial transaction and 51.75 ETH in another, returning 90% of the stolen funds. Lending protocol Sentiment has managed to recover the stolen funds from the recent hack by offering the hacker a bounty worth $95,000. In an on-chain transaction on the Arbitrum blockchain, Sentiment sent a message to...Continue Reading

A fresh BTC price charge on liquidity around $30,000 ends in a return to a familiar Bitcoin trading range. Bitcoin (BTC) saw another failure to exit a tight trading range into April 6 as $28,000 again hung in the balance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analysis sees traders “compressing” BTC price Data from...Continue Reading

Foreign direct investment in Nigeria fell by 33% last year due to a severe shortage of dollars, which discouraged crypto companies from expanding into the country. The largest economy in Africa has a foreign investment problem despite exponential growth in crypto adoption. The National Bureau of Statistics (NBS) reported on Tuesday that foreign direct investment...Continue Reading

In February, Binance Australia Derivatives abruptly closed certain derivatives positions and accounts, citing investor classification compliance. The Australian Securities and Investments Commission (ASIC) has canceled the license of Binance Australia Derivatives after a targeted review of Binance’s operations in the country. “ASIC has today canceled the Australian financial services license held by Oztures Trading Pty...Continue Reading

Crypto trading and investing are often intertwined, but key differences remain between the two methods. What are the key differences between cryptocurrency investing and cryptocurrency trading? Despite their differences, investing and trading often come hand-in-hand. Traders can be investors and vice-versa. However, knowing the difference is still crucial, especially for those looking to start their...Continue Reading

Community members responded to the new development, with some praising Reddit’s marketing efforts and changing the anti-NFT narrative within the platform. Online discussion platform Reddit has deployed the third generation of its blockchain-based digital collectibles dubbed “Reddit Avatars” on the Polygon blockchain, resulting in community members and collectors expressing their thoughts on the much-anticipated drop. ...Continue Reading

Potential guidelines reportedly won’t have a binding force over banks, who could rely on their own risk assessment. Singapore regulators work together with traditional banks to develop uniform standards for screening potential customers from the crypto industry. The collaboration has been ongoing for the last six months.  According to a Bloomberg report from Apr. 6,...Continue Reading