Theta Capital raises 5M to back early-stage blockchain startups

Theta Capital raises $175M to back early-stage blockchain startups

Theta Capital Management has raised $175 million for a fund-of-funds targeting early-stage blockchain startups through top-tier crypto VC firms. Amsterdam-based Theta Capital Management has raised over $175 million for its latest fund-of-funds, aimed at supporting early-stage blockchain startups through specialized venture capital (VC) firms. The new vehicle, Theta Blockchain Ventures IV, will channel capital into…

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SEC charges Unicoin and executives for alleged 0 million fraud

SEC charges Unicoin and executives for alleged $100 million fraud

The SEC alleged thousands of investors were drawn by “fictitious promises” that Uniconi’s crypto assets were backed by real-world assets. The US Securities and Exchange Commission has charged crypto platform Unicoin and three of its executives, alleging they made false and misleading statements about its crypto assets that raised $100 million from investors. The SEC…

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The crypto market values chains more than standalone applications

The crypto market values chains more than standalone applications

The crypto industry’s value debate often pits blockchains against DApps, but market trends and infrastructure realities show blockchains remain the foundational layer driving long-term growth. Opinion by: Hatu Sheikh, founder of Coin Terminal Although blockchains and DApps are critical, crypto industry stakeholders often prioritize applications based on adoption principles and revenue distribution. DApps won’t function…

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South Korean presidential front-runner proposes won-based stablecoin

South Korean presidential front-runner proposes won-based stablecoin

South Korea’s presidential front-runner Lee Jae-myung has proposed a won-backed stablecoin to curb capital flight. South Korea’s Democratic Party leader Lee Jae-myung has proposed the creation of a stablecoin tied to the Korean won to prevent capital outflows and strengthen national financial sovereignty. Speaking during a recent policy discussion, Lee argued that a won-based stablecoin…

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Crypto.com and Canary Capital to launch US CRO fund

Crypto.com and Canary Capital to launch US CRO fund

It’s the first US-regulated investment fund holding the Cronos chain’s native token, CRO. Crypto.com and asset manager Canary Capital are launching a US investment fund designed to provide exposure to the Cronos blockchain’s native token, CRO, the cryptocurrency exchange said in a statement. The Canary CRO Trust will hold the Cronos (CRO) token in a…

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Who’s got the charm, cash and code to be a crypto hub?

Who’s got the charm, cash and code to be a crypto hub?

Several countries have announced multibillion-dollar plans to build out the world’s crypto hub, but five of the world’s financial centers stand out. Kazakhstan, the Maldives and Pakistan have recently outlined ambitions to position themselves as crypto hubs and build out their digital economies. Historically, these countries haven’t been top of mind for global crypto firms…

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