USDC Issuer Circle Launches Venture Arm, Announces Expansion and Investment in Singapore Market

USDC stablecoin issuer Circle has launched its investment arm called Circle Ventures to foster the development of blockchain ecosystem development and the acceleration of new technologies, products, and protocols needed to thrive. Circle will invest in early-stage companies to accelerate their development and contributions to its shared mission through its Venture arm. This week, Circle […]

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Austria to Treat Crypto like Stock for Taxation Purpose to “Reduce Prejudice Toward New Technologies”

Austria is going to tax crypto assets like mainstream stock and bond investments to boost confidence in them. Starting in March of next year, Austria will impose a 27.5% capital gain on digital currencies, including Bitcoin and Ether. Austria’s Federal Ministry of Finance called this model the first of its kind and said this makes […]

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Popular Ethereum Dapps Coming to Solana, Reddit Cofounder Investing in Building a Social Media the Blockchain

Alexis Ohanian, the co-founder of Reddit, is investing in building a decentralized social media on the Solana blockchain. According to the announcement made during Solana conference Breakpoint currently being held in Lisbon, Ohanian said his venture firm Seven Seven Six would invest $50 million in partnership with Solana Ventures, which will invest $50 million. Ohanian […]

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