21Shares launches ETP for Bitcoin L2 network Stacks

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Survey shows Russian households prefer crypto over gold

Ad A new survey by the Central Bank of Russia (CBR) shows that more households keep a higher percentage of their money in crypto wallets. Notably, the bank has conducted this survey every two years since 2013. According to the published document, Russian families hold more crypto assets than mutual funds and gold. Survey results…

Cold wallet Ledger raises $108M as self-custody wallets gain popularity

Ad Hardware crypto wallet company Ledger announced raising $108 million in its recent funding round, according to TechCrunch. The company raised a total of €100 million, which equates to $108 million based on the exchange rate at the time of writing, as the TechCrunch article noted. The funding round In 2021, Ledger raised another €356…

Investment in European crypto startups defied the 2022 bear market

Ad The crypto industry in Europe defied the bearish trends of 2022 and saw a record level of funding. Startups in the crypto space raised over $5.7 billion in 2022 while global and U.S. venture funding in the industry contracted. This is a notable increase from the $5 billion E.U. companies raised in 2021. Chart…

Fifth week of losses in crypto investment products sees $255M withdrawals

Ad Digital asset-based investment products saw $255 million in outflows during the week of Mar. 6 – 12, marking the fifth consecutive week of losses, according to CoinShares’ weekly report. The amount also marks the most significant single weekly outflow on record, which currently accounts for 1% of the whole market, as CoinShares’ data indicates….

Cathie Wood remains bullish on Bitcoin, other cryptocurrencies

Ad Cathie Wood, founder and CEO of investment management company ARK Invest, reiterated her bullishness on Bitcoin and other cryptocurrencies in a recent talk at Lyceum Miami with journalist and investor Anthony Pompliano. Wood provided some insights into her investment strategy and outlook for the industry — despite some recent setbacks to the broader crypto…

FTX proposes $4M employee bonus plan; intends to sell $45M stake in Sequoia Capital

Ad Bankrupt FTX proposed a retention plan that would pay the exchange’s employees bonuses of up to 94% of their salary, according to a March 8 court filing. The bonus is capped at $4,027,204 and is designed to cater to employees with “unique and specialized skillsets” that would be difficult to replace and are critical…

Crypto investment products saw $17M outflows last week

Ad Digital asset investment products saw minor outflows totaling $17 million from Feb. 27 to March 3, which marks the fourth consecutive week of outflows, according to CoinShares data. “Volumes across investment products were low at $844 million for the week,” the report cites, as regional sentiments start to change. Last week, the U.S. recorded…

REPUBLIK raises $3.5M in seed funding, raising valuation to $75M

Ad Web3 content creation platform REPUBLIK raised $3.7 million in its seed funding round, raising its valuation to $75 million. REPUBLIK offers a platform where content creators can connect with their audiences and utilize built-in smart contracts to handle monetization processes. Overall, REPUBLIK provides a one-stop-shop for content creators to create, connect, and earn higher…

Conflux Network’s $10M funding round propels CFX token rise

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