Author: Yeek.io
Venture capital firm Haun Ventures is reportedly looking to raise $1 billion for two new crypto-related investment funds within the next three months.If successful, $500 million will be allocated to early-stage crypto investments, while the remaining $500 million will go toward late-stage crypto investments, people familiar with the matter told Fortune Crypto on March 21.Different market conditions to 2022 led to lowered expectationsThe VC firm, founded by former Coinbase board member and federal prosecutor Katie Haun in 2022, reportedly did not aim for the $1.5 billion it raised in its highly praised funding round in 2022. It cited different market…
Coinbase is in advanced talks to buy Deribit, a cryptocurrency derivatives exchange, according to a March 21 report by Bloomberg.Acquiring Deribit — the world’s largest venue for trading Bitcoin (BTC) and Ether (ETH) options — would bolster Coinbase’s existing derivatives platform, which currently focuses on futures. Coinbase and Deribit have reportedly alerted regulators in Dubai to the deal talks. Deribit holds a license in Dubai, which would need to be transferred to Coinbase if a deal goes through, according to Bloomberg, which cited unnamed sources. In January, Bloomberg reported that a deal with Coinbase could value Deribit at between $4 billion and…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the…
Key Takeaways: Merging a widely used platform with an options-focused exchange may refine risk and trade strategies. Combined licensing could smooth regulatory processes and streamline market oversight. The potential deal reflects a growing trend toward unifying diverse trading capabilities for varied investor needs. Coinbase has reportedly entered advanced discussions to acquire Deribit, the world’s largest crypto options exchange for Bitcoin and Ether, Bloomberg reported Friday, citing sources familiar with the matter. Coinbase is in advanced discussions to acquire crypto derivatives exchange Deribit https://t.co/aA9vmoEybb— Bloomberg Crypto (@crypto) March 21, 2025 The companies notified regulators in Dubai about the discussions, as Deribit…
A Super PAC network funded by the crypto industry is poised to back two Republican candidates for the United States House of Representatives in Florida’s April 1 special elections, according to a March 21 report by Politico. The network includes Fairshake, Defend American Jobs and Protect Progress.Defend American Jobs will start the spending by airing a $1.2 million ad for Florida State Senator Randy Fine, who aims to replace former representative Michael Waltz, who resigned his House seat to become US President Donald Trump’s national security adviser. “Floridians want crypto innovation!” Fine posted on X on Jan. 14, while also…
Homepage > News > Business > BTC is not digital gold, and it never was Stock traders, crypto bros, and asset flippers are currently experiencing maximum pain. In two days out of the past two weeks, U.S. equities have erased more than $1 trillion in value, and digital currency markets are down heavily. It’s a hot mess, and while stocks are not quite in a bear market (yet), most digital currencies, including BTC, are well into one. With BTC hovering just over $80K after peaking at $109K in January, the only way to avoid calling it a bear market is…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. A crypto market technician is debating whether Bitcoin has reached its peak this bull cycle, as technical indicators suggest a potential loss of momentum. The analysis report highlights technical indicators like the Relative Strength Index (RSI) which failed to…
John Reed Stark, the former director of the Office of Internet Enforcement at the United States Securities and Exchange Commission (SEC), pushed back against the idea of regulatory reform at the first SEC crypto roundtable.The former regulator said the Securities Act of 1933 and 1934 should not be changed to accommodate digital assets and urged that digital assets do not escape the definition of securities under the current laws.The first-ever SEC crypto roundtable. Source: SEC“The people buying crypto are not collectors. We all know that they are investors, and the mission of the SEC is to protect investors,” Stark said.…
John Reed Stark, the former director of the Office of Internet Enforcement at the United States Securities and Exchange Commission (SEC), pushed back against the idea of regulatory reform at the first SEC crypto roundtable.The former regulator said the Securities Act of 1933 and 1934 should not be changed to accommodate digital assets and urged that digital assets do not escape the definition of securities under the current laws.The first-ever SEC crypto roundtable. Source: SEC“The people buying crypto are not collectors. We all know that they are investors, and the mission of the SEC is to protect investors,” Stark said.…
Key Takeaways: This initiative tests a hybrid model that marries blockchain efficiency with established trade finance, aiming to set new industry benchmarks. By aligning regulatory clarity in both regions, the project could catalyze broader digital integration and challenge traditional payment delays. The proof-of-concept seeks to uncover hidden efficiencies in commodity remittances, potentially reducing intermediary layers and manual reconciliation. Success here might force legacy banks to rethink and adopt decentralized methods for faster, transparent cross-border transactions. On March 21, Hong Kong-based IDA Finance partnered with Japan’s Progmat and other firms to develop a stablecoin remittance service between the two regions. Stablecoins…