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Global Manhunt for Terra Luna Founder Do Kwon After Interpol Issues Red Notice
27.9.2022
The global law enforcement agency the International Criminal Police Organization (Interpol), issued a notice for Terraform Labs co-founder Do Kwon just a few weeks after a warrant for his arrest was issued by South Korean authorities. The red notice enables South Korea to receive help from global...
Deribit Valued at $400 Million After a Fundraiser from Existing Investors: Report
27.9.2022
Panama-based crypto derivatives exchange Deribit has raised funds from existing shareholders at a $400 million valuation, The Block reported, citing “four sources with the knowledge of the matter.”
The two of these sources claimed that the exchange raised around $40 million in the deal, with...
TD Securities Analyst Says Gold Sell-off May Not Be Over — Carry and Opportunity Cost Could ‘Drive Capital Away’
26.9.2022
Precious metals markets continue to flounder this week as gold’s value per troy ounce has slid by 6.53% in value against the U.S. dollar during the last month, while silver has shed 2.34% in 30 days. Amid the raging inflation worldwide and the hawkish central banks, gold and silver prices...
Ivory Coast-Based Payments Fintech Secures $5 Million From Its Pre-Series A Funding Round
26.9.2022
The Ivorian payments financial technology (fintech) startup, Julaya, recently concluded its pre-Series A round with an additional $5 million capital raise. This brings to $7 million the total capital that the fintech startup, which specializes in business-to-business payments, has raised in this...
Digital Asset Exchange Platform Granted ‘Crypto Financial Services Provider License’ by Israeli Regulator
24.9.2022
An Israeli capital markets regulator, the Insurance and Savings Capital Market Authority, recently granted a “crypto financial services provider license” to Bits of Gold, the first such license for an active company in the country. This license allows Bits of Gold to offer crypto...
Pantera Capital's CEO suggests Blockchain growth will continue despite economic turmoil
23.9.2022
The venture capitalist predicted blockchain would perform based on its own fundamentals, similar to Amazon and Apple
Israeli crypto exchange receives capital markets license in country first
23.9.2022
Earlier this week, the Israeli crypto exchange became the first crypto firm in the country to receive a license enabling it to work with local banks
Crypto bug bounty platform Immunefi raises $24M led by Framework Ventures
22.9.2022
The growth of decentralized finance, or DeFi, has made the blockchain industry especially vulnerable to scams and attacks
Alameda Research, Jump Capital Lead $37M Funding for 3Commas Automated Crypto Trading Platform
22.9.2022
The CEO of crypto custodian Copper also led the round for the trading bot-driven ecosystem
Blockchain venture capital funding fell to a 12-month low in August
22.9.2022
The crypto market downturn continues to impact private funding, but one fund is bullish about the future of Web3
‘Investors Are Running out of Havens’ — Erratic Behavior in US Bond Markets Points to Deep Recession, Elevated Sovereign Risk
22.9.2022
Yields on long-dated U.S. Treasuries have been erratic this year and this week, the 10-year Treasury yield crossed 3.5% for the first time in a decade. Following the Fed’s 75bps (basis points) rate hike, 10-year notes reached 3.642% and two-year Treasury notes jumped to a 15-year high...
Israeli Exchange Bits of Gold Becomes First Crypto Firm to Receive Capital Markets License
22.9.2022
The country's capital markets authority recently granted Israel's first crypto license to a private company that is not currently offering digital asset services, making Bits of Gold the first industry player to receive regulatory approval
Tribe DAO votes in favor of repaying victims of $80M Rari hack
22.9.2022
The vote to reimburse users affected by the hack was one of the final governance decisions for Tribe DAO which has announced plans to wind down
Crypto Exchange FTX in Discussions for Up to $1B Capital Raise at $32B Valuation: Report
22.9.2022
The exchange is raising the money as it considers acquisitions
Japanese Banking Heavyweight Nomura to Launch Crypto-Focused Venture Capital Arm
22.9.2022
On Wednesday, the Japanese financial holding company and principal member of the Nomura Group, Nomura Holdings, announced the launch of a crypto-focused venture capital unit called Laser Digital Holdings. Nomura’s move follows a number of financial giants entering the cryptocurrency industry...
Japanese banking giant Nomura launches digital ecosystem VC arm
21.9.2022
“Staying at the forefront of digital innovation is a key priority for Nomura,” said president and group CEO of Nomura Holdings Kentaro Okuda
Africa-Focused Crypto Exchange Yellow Card Raises $40 Million via Series B Round
21.9.2022
Africa-focused crypto exchange Yellow Card recently revealed it has closed its $40 million Series B funding round. The exchange’s announcement of its latest capital raise comes just over a year after it raised $15 million from its Series A round. Funds to Be Used for Development of...
Regulatory clarity will drive the next bull run, hedge fund co-founder
21.9.2022
As long as the regulation gives an institutional investor a very clear path to crypto, they’ll jump into the space, hedge fund co-founder CK Cheng told Cointelegraph
KuCoin Labs Co-Incubates BidShop.io With Republic Capital
20.9.2022
KuCoin Labs has further expanded the NFT ecosystem for good by incubating BidShop.io along with Republic Capital. The start-up, BidShop.io, brings in the factor of creating liquidity streams for the holders of non-fungible tokens. The function of gamifying the NFT sphere is its unique selling point...
Study: Samsung Named Most Active Investor in Crypto and Blockchain Startups
19.9.2022
Between September 2021 and mid-June 2022, Samsung invested in 13 crypto/blockchain companies thus making the South Korean corporation the most active among the top 40 corporations. Google’s parent Alphabet firm, on the other hand, tops the category of top corporations that participated...