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Terra Co-Founder Do Kwon Under Renewed Scrutiny As Crypto Firm Exec Declines SEC Questions
Thursday, November 9, 2023 - 5:27pm | 772The situation surrounding Terraform Labs co-founder Do Kwon has garnered renewed attention. Recent reports have brought to light possible undisclosed interactions between Jump Crypto President Kanav Kariya and Kwon. In light of these developments, Kariya has exercised his Fifth Amendment rights...
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Is Binance's $1B Crypto Recovery Fund A Gigantic Fizzle?
Tuesday, October 10, 2023 - 2:35pm | 565Crypto exchange Binance promised to invest a staggering $1 billion, denominated in its branded stablecoin BUSD, into promising crypto startups through its Industry Recovery Initiative (IRI), following the collapse of crypto exchange FTX. As it stands now, IRI has only funded $30 million...
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ZTX Receives $13M Seed Funding For Web3 Creator Infrastructure Development
Tuesday, August 15, 2023 - 1:00pm | 577ZTX, a Web3 virtual world platform, confirmed the completion of its $13M seed funding round. Leading the investment was Jump Crypto joined by Collab+Currency, Parataxis, MZ Web3 Fund, Everest Ventures Group and several others. The investment in ZTX highlights the potential seen in...
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ZTX Launches On Arbitrum To Develop 3D Open-World Ecosystem
Thursday, July 13, 2023 - 6:32pm | 559ZTX, a blockchain initiative backed by Jump Crypto and ZEPETO, is set to launch on Arbitrum (CRYPTO: ARB), a Layer-2 (L2) scaling solution for Ethereum (CRYPTO: ETH) ZEPETO dubs itself to be Asia's largest avatar social network, with more than 400 million lifetime users. ZTX is...