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Meta's Digital Assets Expansion: A Scrutiny by Maxine Waters
Congresswoman Maxine Waters scrutinizes Meta's trademark applications, filed in March 2022, suggesting the company's continued involvement in the digital assets ecosystem, despite previous assurances of no ongoing projects in this area.
UN Research Unveils Bitcoin's Environmental Toll Beyond Carbon Emissions
A UN study reveals Bitcoin mining's significant environmental impact, including carbon emissions, water and land damage, and heavy reliance on fossil fuels. It calls for urgent regulatory and technological interventions to promote a sustainable digital currency ecosystem.
Recharge Capital Appoints Former Bridgewater Associates Singapore Executive, Margaret Wang, as Managing Partner
Recharge Capital has appointed Margaret Wang as its new Managing Partner, focusing on the Women's Health Strategy and operations in the APAC region. Wang has experience in senior leadership roles at global financial institutions and has previously led the Singapore office of Bridgewater Associates Singapore. She will also lead Rhea Holdings Co., a $200M women's healthcare-focused investment vehicle.
Chinese state company launches crypto funds
CPIC Investment Management, a subsidiary of China Pacific Insurance, is launching two crypto funds with Waterdrip Capital, targeting institutional and wealthy private investors. The funds will focus on investments in early-stage blockchain projects and proof-of-stake digital assets.
Blockwater Technologies Defaults Loan from TrueFi
The blockchain investment firm has only managed to repay $654,000 of its outstanding debt following the restructuring decision. However, the firm failed to make payment on time and the debt currently amounts to $3 million.
French Fashion Brand Lacoste Enters Web3 With NFT Collection
French fashion brand, Lacoste has made a dive into the Non-Fungible Token (NFT) ecosystem as it has launched its own collection dubbed Underwater (UNDW3).
American Premium Water Corporation Acquires Crypto Mining Company CloudX
American Premium Water Corporation announced the acquisition of cryptocurrency mining and staking company CloudXchange DataCentre Inc. (“CloudX”) for $45.6 million.
Ray Dalio’s Bridgewater Associates Prepares to Invest in a Crypto Fund
Hedge fund giant Bridgewater Associates is looking to tap into the digital asset space for the first time.
Asia's First NFT-backed ‘Crypto Keepers’ Drama Series Officially Launches
AMM Global announced a pairing partnership with Phoenix Waters Productions to launch Asia’s first NFT drama named ‘Crypto Keepers’.
Bitcoin Water Trust Receives Over $1.3M BTC Donations For Charity within Three Weeks
The famous New York-based non-profit organization "Charity: water" has recently introduced the Bitcoin Water Trust establishment during the 2021 Miami Bitcoin Conference. The trust fund has received worth more than $1.3 million BTC donations within three weeks of the trust's launch.