CVP NoLimit Fund I, a venture capital fund led by former Binance head of strategy Gin Chao, announced it has closed and raised $50 million to invest in crypto startups. According to today's announcement, the partnership between NoLimit Holdings and private equity firm ClearVue Partners CVP NoLimit Fund I ended on July 25. NoLimit focuses on seed rounds and strategic investments, with investment sizes ranging from $250,000 to $3 million. The company has already invested in more than 20 pr...

CVP NoLimit Fund I, a venture capital fund led by former Binance head of strategy Gin Chao, announced it has closed and raised $50 million to invest in crypto startups. According to today's announcement, the partnership between NoLimit Holdings and private equity firm ClearVue Partners CVP NoLimit Fund I ended on July 25. NoLimit focuses on seed rounds and strategic investments, with investment sizes ranging from $250,000 to $3 million. The company has already invested in more than 20 pr...

BC Technology Group, the parent company of Hong Kong's licensed virtual asset exchange OSL, announced that as of December 31, 2023, it is expected that the annual unaudited comprehensive net loss may decrease by approximately 50% year-on-year (net loss in 2022 of HK$550 million). The expected decrease in net loss is mainly due to lower operating expenses (including staff costs and technology expenses), as well as the appreciation of the digital assets held by the Group to promote the pri...

BC Technology Group, the parent company of Hong Kong's licensed virtual asset exchange OSL, announced that as of December 31, 2023, it is expected that the annual unaudited comprehensive net loss may decrease by approximately 50% year-on-year (net loss in 2022 of HK$550 million). The expected decrease in net loss is mainly due to lower operating expenses (including staff costs and technology expenses), as well as the appreciation of the digital assets held by the Group to promote the pri...

According to monitoring by on-chain analyst @ai_9684xtpa, Wintermute transferred 3.8 million ARB to OKX in the past 24 hours. In the past three days, Wintermute has transferred a total of 24.33 million ARB (worth $46.8 million) to the exchange, with an average transfer price of $1.92. The address currently holds 37.42 million ARB.

According to monitoring by on-chain analyst @ai_9684xtpa, Wintermute transferred 3.8 million ARB to OKX in the past 24 hours. In the past three days, Wintermute has transferred a total of 24.33 million ARB (worth $46.8 million) to the exchange, with an average transfer price of $1.92. The address currently holds 37.42 million ARB.

The Stellar Development Foundation (SDF) announced a strategic investment in the cross-border payment giant MoneyGram International (MGI, MoneyGram). This investment is made by the SDF Cash Pool (assets set aside to support SDF operations) rather than the Enterprise Fund (a fund that invests in start-ups and early-stage companies). The investment will enable MGI to expand its digital business, explore areas such as blockchain technology, and explore many other ways that it can help consumers ...

The Stellar Development Foundation (SDF) announced a strategic investment in the cross-border payment giant MoneyGram International (MGI, MoneyGram). This investment is made by the SDF Cash Pool (assets set aside to support SDF operations) rather than the Enterprise Fund (a fund that invests in start-ups and early-stage companies). The investment will enable MGI to expand its digital business, explore areas such as blockchain technology, and explore many other ways that it can help consumers ...

Guofu Innovation, a Hong Kong-listed company, disclosed today that its wholly-owned subsidiary Fuqiang Securities has submitted to the Hong Kong Securities Regulatory Commission on June 26, 2023 a report on its proposed license to engage in virtual asset-related activities under Type 1 (securities trading) regulated activities. Apply. Fortune Securities plans to provide virtual asset trading services under the comprehensive account arrangement, as well as virtual asset trading services by int...

Guofu Innovation, a Hong Kong-listed company, disclosed today that its wholly-owned subsidiary Fuqiang Securities has submitted to the Hong Kong Securities Regulatory Commission on June 26, 2023 a report on its proposed license to engage in virtual asset-related activities under Type 1 (securities trading) regulated activities. Apply. Fortune Securities plans to provide virtual asset trading services under the comprehensive account arrangement, as well as virtual asset trading services by int...

OpenAI's developer memo shows that the company will launch the "GPT Store" next week. The store will allow customers to share and sell chatbots based on OpenAI technology customized for different uses. GPT Store was originally scheduled to be launched in November last year, but OpenAI hopes to further optimize it. In addition, a leadership dispute between founder Sam Altman and the former board of directors also disrupted many plans.

OpenAI's developer memo shows that the company will launch the "GPT Store" next week. The store will allow customers to share and sell chatbots based on OpenAI technology customized for different uses. GPT Store was originally scheduled to be launched in November last year, but OpenAI hopes to further optimize it. In addition, a leadership dispute between founder Sam Altman and the former board of directors also disrupted many plans.

According to Spot On Chain monitoring, Celsius Network deposited 10,000 ETH (approximately $22.8 million) into Coinbase at $2,285 approximately 9 hours ago, as prices recovered from the recent market crash. Over the past 3 days, Celsius Network has withdrawn 30,000 ETH (approximately $68.46 million) from Figment and deposited the tokens into Coinbase and FalconX at an average price of $2,282.

According to Spot On Chain monitoring, Celsius Network deposited 10,000 ETH (approximately $22.8 million) into Coinbase at $2,285 approximately 9 hours ago, as prices recovered from the recent market crash. Over the past 3 days, Celsius Network has withdrawn 30,000 ETH (approximately $68.46 million) from Figment and deposited the tokens into Coinbase and FalconX at an average price of $2,282.

Bitdeer Technologies Group, a Singapore-based Bitcoin mining company founded by Jihan Wu, has announced its unaudited mining and operations update for December 2023. Company CEO Linghui Kong said that the company continued to achieve positive results in its core business in December, with a total of 434 Bitcoins mined, an increase of 7.7% from the previous month and an increase of 149.4% from December 2022. This achievement was achieved while decommissioning approximately 6,000 old mining mac...

Bitdeer Technologies Group, a Singapore-based Bitcoin mining company founded by Jihan Wu, has announced its unaudited mining and operations update for December 2023. Company CEO Linghui Kong said that the company continued to achieve positive results in its core business in December, with a total of 434 Bitcoins mined, an increase of 7.7% from the previous month and an increase of 149.4% from December 2022. This achievement was achieved while decommissioning approximately 6,000 old mining mac...

Fantom ecological DEX project SpiritSwap users passed a resolution in a community vote on August 16 to transfer the project to Power, another DEX project built on Fantom. Power will deploy 200,000 USDC to the SpiritSwap vault. Nzaru, general manager of SpiritSwap, said that the new team will be determined and trained before the 30th of this month. SpiritSwap previously announced that due to the Multichain incident, the project’s funds have dried up, and the project has no funds to support dai...

Fantom ecological DEX project SpiritSwap users passed a resolution in a community vote on August 16 to transfer the project to Power, another DEX project built on Fantom. Power will deploy 200,000 USDC to the SpiritSwap vault. Nzaru, general manager of SpiritSwap, said that the new team will be determined and trained before the 30th of this month. SpiritSwap previously announced that due to the Multichain incident, the project’s funds have dried up, and the project has no funds to support dai...

Patrick T. McHenry, chairman of the Financial Services Committee of the U.S. House of Representatives, and 23 other Republican members sent a letter to Gary Gensler, chairman of the U.S. Securities and Exchange Commission, hoping that the agency will hand over documents related to the license of digital asset company Prometheum. Prometheum first received a special broker-dealer license from the SEC-regulated Financial Industry Regulatory Authority (FINRA) in May, allowing them to custody digi...

Patrick T. McHenry, chairman of the Financial Services Committee of the U.S. House of Representatives, and 23 other Republican members sent a letter to Gary Gensler, chairman of the U.S. Securities and Exchange Commission, hoping that the agency will hand over documents related to the license of digital asset company Prometheum. Prometheum first received a special broker-dealer license from the SEC-regulated Financial Industry Regulatory Authority (FINRA) in May, allowing them to custody digi...

The legal team defending former FTX CEO Sam Bankman-Fried (SBF) has asked a federal judge to allow SBF to obtain and use antidepressants in prison. SBF has been receiving psychiatric treatment since February 2019 and has a history of major depressive disorder and attention deficit hyperactivity disorder (ADHD), according to U.S. District Court documents for the Southern District of New York. "Without psychotropic medication, SBF would have developed symptoms of depression and ADHD that would ...

The legal team defending former FTX CEO Sam Bankman-Fried (SBF) has asked a federal judge to allow SBF to obtain and use antidepressants in prison. SBF has been receiving psychiatric treatment since February 2019 and has a history of major depressive disorder and attention deficit hyperactivity disorder (ADHD), according to U.S. District Court documents for the Southern District of New York. "Without psychotropic medication, SBF would have developed symptoms of depression and ADHD that would ...

Dubai’s Virtual Assets Regulatory Authority (VARA) said it had fined OPNX 10 million dirhams (approximately $2.7 million) in May, which it has yet to pay. Later, the regulator said Su Zhu and Kyle Davies, along with OPNX's two co-founders, were fined 200,000 dirhams (about $54,451) as individuals for failing to comply with marketing, advertising and promotion rules. VARA said it became aware in February that OPNX was soliciting customers and collecting personal data for its platform. Lam...

Dubai’s Virtual Assets Regulatory Authority (VARA) said it had fined OPNX 10 million dirhams (approximately $2.7 million) in May, which it has yet to pay. Later, the regulator said Su Zhu and Kyle Davies, along with OPNX's two co-founders, were fined 200,000 dirhams (about $54,451) as individuals for failing to comply with marketing, advertising and promotion rules. VARA said it became aware in February that OPNX was soliciting customers and collecting personal data for its platform. Lam...