A new study by Chainplay and Strorible reveals that nearly 45% of venture capital (VC)-backed crypto projects have shut down, and 77% fail to generate $1,000 in monthly revenue.
Top-Tier VC Firms Not Spared
Nearly half (45%) of venture capital (VC)-backed crypto projects have ceased operations, while 77% fail to generate $1,000 in monthly revenue, a new Chainplay and Strorible study has…
PRESS RELEASE.
Geneva, Switzerland, June 3, 2025 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), participated in Bitcoin 2025, which took place May…
Singapore is mandating crypto service providers operating locally but serving overseas customers to get licensed or exit by June, with no grace period or phased rollout.
Singapore Gives Crypto Firms Until June 2025 to Comply, Without Grace Period or Tiered Rollout
The…
Insurance companies are considering the launch of kidnap and ransom policies aimed at wealthy cryptocurrency holders, driven by increasing concerns over kidnappings of crypto entrepreneurs.
K&R Insurance for Crypto Holders
U.S. insurance companies are reportedly contemplating launching products specifically for wealthy cryptocurrency holders. The insurers hope these products, known as…
A top central banker warns crypto’s accelerating fusion with traditional finance could unleash market turmoil, damage trust in banks, and jeopardize control over sovereign monetary systems.
Central Banker Cautions: Misunderstood Crypto May Trigger Market Fallout
Bank of…
Two New York Police Department detectives (NYPD)are under investigation for their alleged involvement in the captivity of an Italian cryptocurrency entrepreneur.
Unapproved Security Services
Two New York Police Department (NYPD) detectives who reportedly provided security at…
The Agricultural Bank of Russia is considering crypto-based tools as an alternative to traditional settlement methods for exporting over 49.5 million tonnes of grain. This measure could open the agricultural commodities market to digital assets, pioneering this use case.
Russia Mulls Crypto Settlements for Grain Exports
Russia is increasingly open to crypto adoption. The Russian Agricultural Bank…
Crypto-fueled chaos strikes again as a Russian couple is rescued from a Buenos Aires kidnapping tied to a digital ransom, sparking a global manhunt.
Russian Couple Abducted in Crypto Sting—Kidnappers Flee to UAE
A Russian couple has been rescued in Buenos Aires after…
Ripple’s RLUSD stablecoin explodes across global markets with new listings, major integrations, and zero-fee campaigns fueling institutional and retail adoption.
RLUSD Hits New Platforms—Fiat Onramps, Incentives, and Zero Barriers
Ripple Labs’ RLUSD stablecoin is…
India is expected to release a detailed discussion paper on crypto regulations in June 2025, marking a critical step toward shaping the country’s official stance on digital assets. The paper will reportedly be influenced by international guidelines, particularly those from the International Monetary Fund (IMF) and the Financial Stability Board (FSB).
This anticipated move comes amid growing…
