Venture Investments in Blockchain Startups Hits $2.4B
In the first quarter of this year, venture capital investors invested $2.4 billion in blockchain startups, according to a study by Pitchbook cited by Reuters.
Trump Says He Will Accept Crypto in His Campaign
The presumptive Republican nominee for the 2020 presidential election, Donald Trump, has stated that his campaign will now be accepting donations in the form of various cryptocurrencies.
Crypto Funds See $932M in Weekly Inflows
There was a noteworthy increase in investments in crypto-based products during the past week, marking two consecutive weeks of positive inflows since the recent market downturn.
Grayscale CEO Michael Sonnenshein Leaves Company
Michael Sonnenshein, CEO of crypto asset manager Grayscale Investments, has resigned from his position to pursue other interests.
Solana Will Reach $200 in Late May, Expert Says
According to Daniel Chung, co-founder of hedge fund Syncracy Capital, Solana will reach $200 by the end of May.
US Senate Passes Bill to Overturn SEC Crypto Rule
The US Senate has recently passed legislation H.J.Res. 109, which aims to overturn the SEC’s Staff Accounting Bulletin (SAB) No. 121.
Tornado Cash Dev Found Guilty of Money Laundering
Alexey Pertsev, the developer behind the cryptocurrency mixing protocol Tornado Cash, has been convicted of money laundering, a verdict that may have significant repercussions for open-source code developers.
