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Invest News

A collection of 564 issues

Paradigm to expand its investment focus to "cutting-edge technology"

Venture capital firm Paradigm plans to go beyond its Web3 investments and expand its focus on advanced technologies, including AI. The Block reports this, citing sources familiar with the situation. Earlier this month, references to Web3 and cryptocurrencies disappeared from the firm's official website, but the publication writes

Tornado Cash suffered a hacker attack

A hacker attacked the Tornado Cash mixer. He was able to gain full control of the mixer control, revoked all blocked votes, pulled all tokens from the control contract and hacked the router. In total, the attacker obtained 483,000 TORN from Tornado Cash's control vault. 385,300

New World Bank president named

The post of president of the World Bank following the resignation of David Malpass will be taken by the former head of Mastercard, Ajay Banga. The organisation's management on Wednesday, May 3, elected Ajay Banga for a five-year term. The former head of Mastercard as the 14th president

Gemini launches futures exchange

Gemini has announced the launch of Gemini Foundation, a crypto derivatives exchange. The platform is not available to customers in the United States, the United Kingdom and the European Union. Users of the exchange will be able to trade an open-ended BTC contract with up to 100x leverage.

Berachain has raised $42m investment

The Berachain project has received $42m in funding, with a valuation of $420.69m, in a Series A funding round led by Polychain Capital. Other investors included Shima Capital, GoldenTree Asset Management, Tribe Capital, Hack VC, Robot Ventures, dao5 and two angel investors, Zaki Manian, Mustafa Al-Bassam.

Philippine central bank governor says a multi-currency world is needed

The creation of a multi-currency world is necessary, but for now the dollar retains an advantage at the expense of the government bond market, Felipe Medalla, head of the Philippine central bank, told RIA Novosti. "We want a multi-currency world, but so far other currencies don't have

Apple and Disney chiefs to tell congressmen about China

A group of lawmakers will travel to California to meet with tech and media executives, including Apple CEO Tim Cook and Disney CEO Bob Iger, to discuss China-related topics, CNBC reported. The committee's work could affect the technology and media industries, which are interested in both a large

Irish farmer turns manure into bitcoins.

Irish farmer Tom Campbell turns cow manure into digital gold. He uses the manure itself (Campbell has a big farm in County Armagh), mining equipment and anaerobic digestion. Campbell usually uses the electricity he produces for his farm. But if a surplus appears, the man plugs in the mining units.

Nasdaq to launch cryptocurrency storage service

The US stock exchange Nasdaq has announced that it will soon launch a cryptocurrency storage service. The company plans to do so by the end of the second quarter of this year. The company began developing the service back in September last year. It will offer BTC i ETH storage

DeFiance Capital raised an "eight-figure sum" of investment

Venture capital firm DeFiance Capital has raised an "eight-figure sum" of investment. That's what The Block reports. According to sources familiar with the matter, the company held the first closing of its $100 million "liquid token fund." This was facilitated by a "good