Five Arrows buys private equity-backed Rimes

EQT AB, a private equity firm, has reached an agreement to transfer ownership of Rimes Technologies to Five Arrows, the alternate investment arm of Rothschild & Co. EQT, in making this announcement, reveals that they and their partners are transferring ownership of Rimes to Five Arrows Long Term Fund (FALT) and Five Arrows Principal Investments … Read more

Bitcoin layer-2 network Mezo raises $21m in Pantera-led funding round

A Bitcoin (BTC) secondary network named Mezo has come out of the shadows, having secured $21 million in investment funds. Pantera Capital took the lead in funding this round, with participation from Multicoin, Hack VC, ParaFi Capital, Nascent, Draper Associates, Primitive Ventures, and Asymmetric Ventures. Several individual investors, among them Dan Held, Tim Draper, and … Read more

Edward Snowden is not worried about Bitcoin prices dropping

After yesterdays shocking $900 million loss in the crypto market, causing alarm on social media, Edward Snowden appears calm and unfazed. Approximately 5% is the amount by which the total cryptocurrency market value has decreased compared to the previous day. Meanwhile, the meme coin sector has experienced a more significant drop, down by around 13%. … Read more

The crypto industry will only benefit from regulation | Opinion

Starting from Bitcoin‘s debut in 2009, cryptocurrencies have gained immense popularity. As of 2022, the market was home to over 10,000 distinct tokens, encompassing a diverse range: established coins such as Bitcoin and Ethereum, stablecoins whose values are tied to traditional currencies, novel meme coins, and altcoins backing numerous projects. Cryptocurrencies offer swift and affordable … Read more