Web3 File Management App Fileverse Gets $1.5M Investment From Gnosis Chain, Balaji Srinivasan, Other Investors

Privacy-focused Gnosis Chain and venture capital firm Factor led the investment, according to a press release shared by the firm. Crypto wallet provider Safe, social media privacy solution Mask Network, decentralized file storage Arweave Ecosystem and its ecosystem incubator Forward Research, Web3 credentials network Galxe, ex-Coinbase Balaji Srinivasan and other angel investors also participated in the round. Source

Scammers prefer banking customers over crypto investors in Ireland: Report

Fraudsters in Ireland prefer targeting traditional banking customers instead of cryptocurrency investors amid a two-year-long bear market. The frequency of cryptocurrency scams is often directly proportional to the hype and profits around the ecosystem at a given time. It appears that the ongoing crypto bear market has helped eradicate at least some of the bad actors, including scams and businesses, while it has largely retained serious investors who believe in due diligence. The resultant difficulty in targeting crypto investors has led scammers in Ireland to focus on banking customers. According…

Recent Data Signals Rising Accumulation Among BTC Investors

Bitcoin (BTC) struggled to build on its recent momentum over the past week, reflecting the bearish climate of the general market. However, the latest on-chain revelation suggests that investors continue to show significant faith in the premier cryptocurrency and its prospects. Bitcoin Addresses With 10+ BTC Reach All-Time High: Santiment According to a recent report from the blockchain data tracker Santiment, there has been considerable growth within a particular class of Bitcoin investors. The on-chain analytics platform highlighted that the number of shark and whale addresses holding at least 10…

CoinList Introduces Crypto Staking for Accredited Investors in US

The CoinList staking fund offers US accredited investors an opportunity to earn a yield on their digital assets through investment in a private fund. CoinList, an established launchpad for crypto-related projects, has announced the launch of its staking fund meant for the US select customers. According to the announcement, the CoinList staking fund will offer accredited investors in the United States to earn different yields from their digital assets. Some of the supported digital assets during the launch include Ethereum (ETH) with an APY of about 3.76 percent, and Near…

Bitcoin Plunge Below $27,000 Drives Investors Into Fear, Will Rebound Occur?

Data shows the Bitcoin drop below the $27,000 level has made most investors fearful for the first time this month. Bitcoin Fear & Greed Index Is Pointing At “Fear” Right Now The “fear and greed index” is an indicator that tells us about the general sentiment among investors in the Bitcoin and broader cryptocurrency market. Alternative created the metric, and according to the website, it’s based on these factors: volatility, trading volume, social media sentiment, market cap dominance, and Google Trends data. The indicator uses a numeric scale from zero…

Less than 50% of Hong Kong retail crypto investors aware of relevant regulations: Survey

Just 47% of retail crypto investors in Hong Kong are aware of the Virtual Asset Trading Platform Regulatory Regime, a piece of legislation that went into effect this June to protect the interests of retail investors in digital assets in the region. That’s according to an Oct. 11 report by the Investor and Financial Education Council (IFEC) of Hong Kong. In its survey, the IFEC noted that nearly 25% of Hong Kong adults ages 18–29 have invested in crypto within the past year, three times the demographic average and a…

US Treasury Yields Fall as Investors Observe Potential Economic Effects of Israel-Hamas War

Treasury yields fell in the US as the war between Israel and Hamas rages on, with several thousand dead and wounded. Treasury yields fell in the US on Tuesday as investors consider the economic and geopolitical effects of the ongoing war between Israel and Palestinian militant movement Hamas. Early Tuesday morning, the 10-year Treasury fell over 12 basis points to 4.6571%. The 2-year Treasury yield also fell, hitting 4.9843% after losing nine basis points. Economists and investors are currently monitoring the Israel-Hamas conflict and considering the possibility that it would…

investors can consider THORChain, Everlodge, and Toncoin

In crypto, identifying high-potential assets can be a crucial strategy for investors. Among the numerous available options, THORChain (RUNE), Toncoin (TON), and Everlodge (ELDG) are noteworthy. This article explores their potential. Let’s dive in. Summary THORChain’s interoperability and robust infrastructure position it for growth Toncoin’s unique value proposition puts it on a bullish path Everlodge’s concept and tokenomics fueling growth THORChain: expanding defi THORChain is a decentralized liquidity protocol that allows for easy exchange of crypto assets across various networks without compromising asset security.  This unique approach has caught the…

Shiba Inu burn rate drops by 82.27%, investors bullish on EOS and InQubeta 

Recent crypto trends show that InQubeta (QUBE) and Eos (EOS) are outperforming other coins despite the current market conditions.  QUBE investors have especially posted profits while EOS is up, posting a modest 7% in the past week. Meanwhile, Shiba Inu (SHIB) has struggled to gain traction despite burning coins and reducing supply.  The Shibburn website reports an 82.27% decrease in the burning rate.  InQubeta, a platform on Ethereum, aims to make investing in artificial intelligence (AI) more accessible to everyone.  Analyzing InQubeta InQubeta utilizes the ERC-20 standard and smart contracts to…

Activist Crypto Investors Score $2.5M Bounty After Campaign on FloorDAO

FloorDAO, which seeks to build products for “NFT-Fi,” recently sent over $2.5 million of its treasury – in crypto tokens and NFTs – to a splinter group called FloorkDAO that was controlled by the activist investors. The investors quickly divided that sum amongst themselves in a redemption that valued each FLOOR token at nearly $5, up from $1.89 at the start of the year. The remaining FLOOR tokens are currently trading around $3.88, an indication of the value to those investors who did not choose to exit FloorDAO and instead…