Crypto-news

Breaking crypto news from the last week (Oct. 8 – 14, 2022): Oct. 8: Leon Li Lin, the founder of crypto exchange Huobi Global, is selling his controlling stake to a Hong Kong investment firm, About Capital, according to Huobi’s website. The company said the deal has no impact on Huobi’s core business. Oct. 10:…

According to a new report released by The Block Research, crypto venture funding has fallen for its second consecutive quarter for the first time since 2018. The number of VC deals also took a sharp turn, declining by 22% quarter-on-quarter. However, infrastructure startups continue to show strong growth at the seed stages. In Q3 2022,…

Top investment deals across the crypto sector over the last week (Oct. 8–14, 2022): Crypto.com invests €150 million in France, choosing Paris as its EU headquarters Crypto platform Crypto.com has announced a €150 million investment into France to support its operations in the country. This includes the establishment of a headquarters in Paris as its…

TRON founder Justin Sun announced a merger between the TRON network and the Heco Chain. In his words, the TRON and BitTorrent chain network will merge with developers from Heco. Sun made this announcement a day after revealing his Huobi tokens holdings. On Friday, he said that he has up to 10 million Huobi Tokens…

Top crypto news from the Middle East region over the last week (Oct. 8–14, 2022): DMCC Crypto Centre to get access to $150 million Brinc’s fund Dubai Multi Commodities Centre (DMCC) has partnered with the global VC firm Brinc to provide DMCC Crypto Centre members with access to Brinc’s $150 million accelerator fund. Brinc is…

Japanese gaming giant Konami Digital Entertainment is looking to expand into the Web3 and metaverse space via massive new hires, according to a press release published on its official website. Famous worldwide for its video games, the company plans to launch a service where players can trade their in-game NFTs “through a unique distribution platform…