Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Dragonfly Capital Participates in Debt DAO’s Funding Round
Reading Time: < 1 minuteDragonfly Capital has led Debt DAO’s $3.5 million seed round, The Block has reported.
CoinFLEX Reduces its Staff by 60% to Optimize Company’s Costs
Reading Time: < 1 minuteCrypto derivatives platform CoinFLEX has recently announced it is laying off a “significant number” of employees from various departments around the world.
Former Voyager Top Exec Proposes Plan B for Company’s Restructuring
Reading Time: < 1 minuteShingo Lavin, founder of Ethos and former chief innovation officer of Voyager Digital, has filed an objection to the restructuring plan proposed by the crypto broker.
Zipmex is Taking Legal Actions to Protect from Creditors
Reading Time: < 1 minuteZipmex has just filed a petition with a Singapore court for protection from creditors.
Cryptocurrency Venture Startup Variant Attracts $450M
Reading Time: < 1 minuteVenture firm Variant has raised $450 million in two new funds focused on the Web3 and decentralized finance sectors.
Gary Gensler Says SEC is Developing Ways to Register Digital Assets as Securities
Reading Time: < 1 minuteThe SEC is working on ways to register some digital assets as securities. He has said:
Solana Plans to Open a Physical Store in New York
Reading Time: < 1 minuteThe Solana Foundation plans to open today an experience-focused store with the Solana ecosystem.
European Regulator is Concerned About Lack of Crypto Specialists
Reading Time: < 1 minuteThe European Banking Authority (EBA) is experiencing a shortage of employees who are needed in the work of oversight of the cryptocurrency industry.
Social Initiative-focused Blockchain Firm Topl Attracts $15 Million
Reading Time: < 1 minuteBlockchain-based solution for tracking and monetizing social performance initiatives Topl has recently raised $15M in a Series A funding round.
US Authorities Have Been Investigating Kraken Over Sanctions Violations Since 2019
Reading Time: < 1 minuteThe Office of Foreign Assets Control of the US Department of the Treasury may fine US-based crypto exchange Kraken for violating the sanctions regime.
Ransomware Attacks Fall by 23%
Reading Time: < 1 minuteThe number of attacks using ransomware has significantly decreased against the backdrop of the fall in the price of Bitcoin.
Root Protocol Raises $9M
Reading Time: < 1 minuteRoot Protocol, a marketplace project for financial markets, forecasting and trading, has raised $9 million during the seed round.
Central Bank of Philippines is Against Crypto Ban
Reading Time: < 1 minuteThe governor of the Central Bank of the Philippines (BSP) has said the regulator has no plans to ban digital assets.
Jump Crypto and FTX Ventures Invest in Aptos’ $150M Funding Round
Reading Time: < 1 minuteThe Aptos team has recently completed a $150M Series A funding round led by FTX Ventures and Jump Crypto.
FTX Offers Voyager Clients Option to Access Funds
Reading Time: < 1 minuteCryptocurrency derivatives exchange FTX has offered Voyager clients the possibility to open accounts that would accumulate proceeds from their crypto broker bankruptcy claims.
Crypto Exchange FTX May Buy Bithumb
Reading Time: < 1 minuteCryptocurrency exchange FTX is reportedly negotiating to acquire South Korean platform Bithumb.
Mercado Bitcoin Plans to Expand to Mexico
Reading Time: < 1 minuteBrazil-based crypto exchange Mercado Bitcoin intends to expand into the Mexican market.
US Will Not Extradite Alexander Vinnik from France
Reading Time: < 1 minuteThe US authorities have recently withdrawn the request for the extradition of Russian citizen Alexander Vinnik from France.
Blockchain.com Lays Off 25% of Its Staff
Reading Time: < 1 minuteBlockchain.com has recently fired 150 employees or 25% of its workforce and cut the salaries of top managers.
The Police Raids Terraform Labs Co-founder House
Reading Time: < 1 minuteOfficials from the Seoul Southern District Prosecutor’s Office have raided the home of the Terraform Labs co-founder.
US Congressman Accuses Securities and Exchange Commission of Unethical Attitude to Crypto Industry
Reading Time: < 1 minuteAccording to member of the House of Representatives Tom Emmer, the US Securities and Exchange Commission (SEC) interferes with the regulation of the cryptocurrency industry.
Crypto Exchange Zipmex Freezes Withdrawals
Reading Time: < 1 minuteThe exchange has referred to the circumstances as “unstable market conditions and the resulting financial difficulties of key business partners.”
US Justice Department Seizes $500K from Ransomware Operators Linked to North Korea
Reading Time: < 1 minuteThe US Justice Department has confiscated about $500,000 that had been paid to ransomware operators linked to North Korea.
Babel Finance Hires the Legal Partner of Celsius and Voyager for Company’s Restructuring
Reading Time: < 1 minuteBabel Finance, one of the largest crypto lenders in Asia, has engaged law firm Kirkland & Ellis to advise on the restructuring.
Crypto Bank Silvergate Capital Net Profit Grows by 84%
Reading Time: < 1 minuteThe net profit of the digital asset-friendly bank Silvergate Capital in Q2 2022 amounted to $38.6 million.
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