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Read more - Investing in crypto: guide to smarter portfolio rebalancing
Discover the practice of crypto rebalancing to maintain your initial asset allocation even amidst market fluctuations.

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Read more - a16z leads $25m round for Bastion to bridge corporates to web3
Amid a crypto downturn, startup Bastion successfully garners $25 million in a funding round spearheaded by a16z crypto, aiming to ease blockchain use for conventional businesses. Bastion, a startup supported by Andreessen Horowitz’s crypto arm, a16z crypto, emerges from stealth…

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Read more - Scaramucci leads bidding for Silicon Valley Bank’s VC division
SkyBridge Capital, led by Anthony Scaramucci, is among the frontrunners bidding for Silicon Valley Bank’s VC arm, with a sale foreseen in the coming weeks. SVB Financial Group, once the umbrella organization for Silicon Valley Bank, is reportedly nearing the…

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Read more - Germany’s blockchain funding increased by 3%, report says
The Crypto Valley Venture Capital (CVVC) has released the German Blockchain Report 2023. It shows a significant increase in blockchain funding within the country. The report analyzes the performance of the blockchain sector in Germany from Q3 2022 to Q2 2023. It…

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Read more - Bitget launches $100 million fund to boost its ecosystem
Derivatives exchange Bitget has announced the launch of its new $100 million fund, Bitget EmpowerX Fund. The fund will enhance Bitget’s ecosystem by investing in regional exchanges, data analytics firms, media organizations, and other opportunities. Bitget EmpowerX Fund will operate…

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Read more - Animoca Brands raises $20m to launch Mocaverse
Animoca Brands, a Hong Kong-based entertainment company, has announced that it has secured $20 million in funding for its latest project, Mocaverse. Mocaverse is a web3 platform that leverages blockchain, NFTs, and AI technologies for the gaming, culture, and entertainment…

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Read more - Crypto VC funding rebounds in August, climbing 20% to $660m
Crypto venture capital investments surged by 20% in August, reaching a total of $660m, up from $550m in July.

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Read more - Nima Capital’s 9m SYN token dump ignites VC rug pull fears
Nima Capital, a family office involved in crypto investments, is facing accusations of initiating a rug pull with the grant tokens of their partner, the cross-chain bridge platform Synapse.

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Read more - Coinbase increases tender offer for senior notes to $180m
Coinbase has amended its tender offer for 3.625% senior notes due 2031, increasing the cap from $150 million to $180 million and extending the expiration date to Sept. 18, 2023. Coinbase Global, Inc., the world’s second-largest cryptocurrency exchange, announced updates…

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Read more - Tether becomes one of US Treasury bills’ major holders
Tether’s CTO, Paolo Ardoino, reveals that the company bought more US Treasury bills than the United Arab Emirates, Australia, Japan, and Mexico. In a post on X (formerly Twitter), Ardoino highlights that Tether’s current hold in the US Treasury bills…

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Read more - Crypto-focused Haun Ventures hires private-equity top manager
In a Wall Street Journal exclusive article, Haun Ventures reveals their hire of a private-equity veteran, Suzanne Kim, to handle investor relations. According to the report, this action shows how firms try to communicate with their investors about the changing…

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Read more - Ethereum exchange deposits surge while staked ETH hits ATH
Ethereum (ETH) sees market uncertainty as exchange deposits recently surged to a one-month high. Staked ETH on the Ethereum 2.0 deposit contract hit an all-time high. According to Glassnode, the value recently reached a one-month high, clocking in at 2,145.…

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Read more - Asians and Africans more likely to invest in crypto, survey shows
According to a recent survey by the blockchain software company Consensys, people in Asia and Africa are more likely to invest in cryptocurrencies over the next year. Per the blockchain company, the survey was taken among 15,158 respondents aged 18…

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Read more - Turkey sees rise in adult crypto investors, report reveals
About 52% of Turkey's adult population was engaged in crypto investments as of May 2023. This rate was 40% in November 2021.

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Read more - MoonPay creates MoonPay Ventures to invest in web3 gaming and infrastructure
Web3 infrastructure firm MoonPay branches off to create MoonPay Ventures, which will direct the firm to invest in web3 infrastructure and gaming.

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Read more - OnlyFans invested $20m in Ethereum in 2022
In a recent filing, OnlyFans' revealed its Ethereum holdings which faced market turbulence as 2022 proved a bear market for the crypto realm.