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Crypto.com Suspends all Deposits, Withdrawals due to Suspicious Transactions

Crypto wallet provider and trading platform Crypto.com said it will stop all deposits and withdrawals due to suspected unauthorized transactions on the platform. Some users from Crypto.com took to social media to report that the cryptocurrency in their accounts had disappeared in recent days. Crypto influencer and podcast host Ben Baller said Monday that they

Female-Backed VC Blossom Capital Raises $432M to Back Startups

Ophelia Brown’s Blossom Capital has raised $432 million to back early-stage tech startups in Europe. She said that the amount raised was a third of which has been earmarked for cryptocurrency investments. The female backed Blossom Capital is looking to bolster its investment in the crypto sector by investing in platforms to be a safe

Puerto Rico to Become a Prefered Destination for Crypto Investors, Establishing Friendly Taxation and Island Lifestyle

Under Act 60 or the Individual Investors Act, non-Puerto Rican residents get exempted from paying capital gains for investments realized. This is one of the factors attracting crypto investors, mostly Americans, to the Island. The rule is crypto-friendly because investors in the U.S. are required to pay 37% of capital gains in the short term

Ethereum (ETH) Has Eight Main Competitors, According to InvestAnswers – Here Are His Picks

A popular crypto analyst is looking at how several Ethereum (ETH) challengers stack up against the leading smart contract platform. In a new Q&A session, the host of financial education YouTube channel InvestAnswers tells his 401,000 subscribers that he does not doubt Ethereum remains the dominant force with which all competitors must contend. “As I

Crypto Exchange Bitfinex to Stop Serving Ontario Crypto Investors

Hong Kong-based cryptocurrency exchange Bitfinex announced it would be leaving the Ontario market, Canada’s most populous, reminding users that should withdraw all their capital on or before March 1. In the official announcement, accounts with no balances will be closed and Ontario users who do not have open positions on the exchange’s peer-to-peer (P2P) funding markets

nCore Games Raises $10M in Funding, Ready for New Web3.0 Offerings

An Indian gaming startup, nCore Games, has raised $5.5 million in new funding round as it prepares to integrate Web3.0 and metaverse related offerings in an attempt to upturn its revenue strategies. According to a TechCrunch report, the funding round was led by Animoca Brands and Galaxy Interactive, with participation from Polygon, a popular layer

OpenSea Sets New Record for Monthly Ether Trading Volumes at $3.5B

Famous Non-Fungible Token (NFT) marketplace, OpenSea has recorded a new All-Time High (ATH) in Ethereum trading volume for the month of January as collectors showcase their willingness to break new records in this new year. Per data from Dune Analytics, the monthly Ether trading volume has topped $3.5 billion, outpacing the $3.42 billion recorded by

HolyShxxt!’s NFT and Future GameFi plans Shows HK’s Potential

Hong Kong-based HolyShxxt!’s release of NFTs and their plan to launch a strategic football management simulation GameFi shows the potential growth of the fusion of gaming and blockchain-powered financialization in the city and globally. The NFT and blockchain developer launched a set of generative art collectables on January 11, 2022, that includes 8,888 unique soccer players’ NFTs that are