Crypto’s Venture Capital Gap

The reality is that it’s neither feasible nor likely for venture capital to be present everywhere at once. Even as the industry matures and more venture capital flows into Web3 companies, it’s unrealistic to expect that funding can be equally distributed across the globe. We’re already seeing certain hubs emerge as go-to destinations for innovators, drawn by factors such as regulatory ease, visa access, cost of living, climate, and time zones. Cities like New York, Lisbon, Dubai, Singapore, and Buenos Aires are among those places slowly becoming hubs. But as…

Ether.Fi to Launch Visa ‘Cash’ Card on Scroll Network

The card won’t be available in the United States, at least for the time being – likely as a result of the decentralized finance industry’s shaky regulatory standing in the country. The “tentative” list of countries that will receive Ether.fi‘s new credit card include, the UK, Hong Kong, UEA, Thailand, Brazil, Turkey, France, Germany, Italy, Portugal, Spain, Denmark, Estonia, Netherlands, Poland and Czech Republic, Silagadze told CoinDesk. Source

BCB Group Chief Compliance Officer Natasha Powell to Exit in Latest Senior Management Departure

“Natasha has been instrumental in driving the creation of BCB Group’s first class compliance programme that now forms the bedrock of our regulated businesses,” CEO Oliver Tonkin said in an emailed statement. “Whilst I am sad to see her leave us, I am delighted to be able to announce she will be continuing to support BCB as a non-executive director of BCB Payments.” Source

North Korean Group Behind $230M WazirX Hack Move $11M Stolen Ether (ETH) to Tornado Cash

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Bitcoin Order Book Liquidity Indicates Market Bottom for BTC Price

“By analyzing the combined spot order books, particularly at the 0%-1% and 1%-5% spot order book depth, we see a pattern where low liquidity in the order book often coincides with market bottoms,” Shubh Verma, co-founder and CEO of Hyblock Capital, said in an interview with CoinDesk. “These low order book levels can be early indicators of a price reversal, frequently preceding a bullish trend.” Source

Crypto Exchange Woo X Introduces Copy Trading, With a Twist

However, the existing model required recalibration, according to Woo X COO Willy Chuang, such that lead traders don’t just profit from exchange fees or other misaligned incentives. Another improvement was finding a way to reduce the consistent pressure on lead traders to always outperform, which prompted Woo X to add the flexibility of a countertrade option. Source