For instance, the native community of Bancor, an Ethereum-based decentralized exchange, is voting on a proposal to destroy a significant chunk of the protocol's endemic coin, the bancor network token (BNT), in the hope that the so-called token burn will bode well for the cryptocurrency's price. Team Valhalla
Theta Capital Management, a leading blockchain venture capital investor and fund manager based in Amsterdam (‘Theta Capital’), raised $500 million in total last year.  The company will invest this amount in crypto VC funds through its fund of funds program Theta Blockchain Ventures, Coin Journal learned from a...
Founded in 2011, Fasanara Capital pivoted to venture investing over the past three years, participating in 27 funding rounds across the fintech industry in Europe. It led a $35 million Series A round for web3 startup Twig, a company that is building a green crypto payments infrastructure. Team Valhalla...
The big headline to start the week was the British pound falling to an all-time low, following announcements from new Prime Minister Lizz Truss that a series of tax cuts would be introduced. Investors feared this would undermine confidence in the pound, and the sell-off tanked the value...
ACDC’s use of renewable energy and ability to sell excess power back to the grid particularly attracted Polychain Capital. “We’re excited to partner with ACDC as they build out more long-term, fixed-cost renewable energy production to enable more predictable Bitcoin mining operations, while providing the flexibility to sell...
The pound, in particular, fell to an all-time low of $1.035 on Monday as the government's plan to implement the biggest tax cuts in 50 years while boosting government borrowing and spending amid high inflation spooked investors. The Chinese yuan fell to 7 per dollar, the lowest since...
Leading decentralized Web3 infrastructure protocol Pocket Network is onboarding developers to tap into its global RPC node network in a key update to its Pocket Portal service, Coin Journal learned from a press release.  The Portal allows Web3 developers to easily access blockchain data, mint RPC endpoints for...
The CCAF, which is part of the Cambridge Judge Business School, uses publicly available data to run a theoretical model to estimate the environmental footprint of bitcoin mining. It does this by breaking down its electricity mix and calculating its greenhouse gas CO2 emission intensity per kilowatt-hour (gCO2e/kWh). Team...
Coinbase is one of the crypto exchanges to go public, and the company’s CEO said the move had put them on the main stage. Coinbase’s CEO, Brian Armstrong, revealed in a recent interview that the company’s listing on the stock exchange had put them on the main stage. The...
LUNC is up by more than 50% in the last 24 hours after Binance implemented a tax burn mechanism on Terra Classic trading fees. LUNC, the native coin of the Terra Classic ecosystem, is the best performer amongst the top 100 cryptocurrencies by market cap. It has added more...