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The new episode of crypto regulation: The Empire Strikes Back
27.8.2021
A decentralized exchange reckoning is coming — and it’s bigger than the infrastructure bill — thus, the DeFi community must be ready
Spain Prepares Registry for Cryptocurrency Exchanges and Custody Providers
26.8.2021
The authorities of Spain must prepare a registry of cryptocurrency exchanges and custody providers to comply with legal requirements to address transparency and terrorism financing issues. This registry is specified by the Prevention of Money Laundering and Financing of Terrorism Law, approved last...
Bitpanda Raises $263 Million in Series C Finance Round, Firm Aims to ‘Double Down on Technology’
18.8.2021
Vienna-based crypto platform Bitpanda has announced the firm has secured $263 million in a Series C funding round. The financing was led by Valar Ventures and Leadblock Partners, Jump Capital, Alan Howard, and Redo Ventures joined the investment round. The latest financing gives Bitpanda an overall...
Crypto Data Firm Dune Analytics Raises $8M — Series A Round Led by Union Square Ventures
13.8.2021
The team behind the platform that allows users to track data on the Ethereum blockchain, Dune Analytics, announced the firm has raised $8 million from strategic investors like Union Square Ventures. Dune Analytics detailed the firm plans to leverage the new financing in order to hire more help...
Using a Crypto Loan App to Bring Financial Services to Excluded Groups in Africa
9.8.2021
In much of Africa, many people still lack access to basic financial services for many reasons. One of the reasons is that financial institutions have set standards or thresholds that make it impossible for low-income earners to even open a bank account. Access to soft loans or other forms...
Demand for Crypto Analytics Continues as Messari Raises $21 Million
6.8.2021
The crypto analytics and market intelligence company Messari revealed on Thursday the firm has raised $21 million in a Series A financing round. The funds will be used to expand Messari’s product suites and it aims to “triple the size of its engineering and research teams.” Crypto...
Slew of Venture Funds, Eminem, Paul Rosenberg Inject $30 Million Into NFT Platform Makersplace
5.8.2021
On Wednesday, the non-fungible token (NFT) market platform Makersplace secured $30 million in a Series A financing round. The team behind the NFT marketplace says it plans to leverage the funds to “acquire additional talent and scale the business.” While the Series A was co-led...
Jihan Wu’s Matrixport Raises $100 Million — Singapore Startup Joins Growing List of Crypto Unicorns
2.8.2021
Matrixport, the digital currency financial services company co-founded by the former Bitmain CEO Jihan Wu, has revealed the company has raised $100 million in a Series C financing round. The funding has propelled Matrixport’s valuation to unicorn status as the firm now has a valuation of over...
Bitcoin Rewards Firm Lolli Raises $10M in Funding Led by Acrew Capital, Social Media Moguls
29.7.2021
The bitcoin rewards platform Lolli has announced the company has closed a $10 million Series A funding round on Wednesday. Lolli says the new financing will help the firm expand, hire and develop new partnerships. Lolli Raises $10 Million The New York-based Lolli has raised $10 million from...
NFT Marketplace Opensea Raises $100 Million — Firm Becomes a Blockchain Unicorn
22.7.2021
Opensea has become the latest non-fungible token (NFT)-focused firm to raise funds this year as the company announced raising $100 million in a Series B this week. The venture capital firm Andreessen Horowitz led the Opensea financing round alongside investors like Kevin Durant, Ashton Kutcher,...
Coin98 Generates $11.25M for Vital Financing Expansive
21.7.2021
The potent South East Asian crypto wallet, Coin98, in an endeavor to enhance their Decentralized Finance (DeFi) offerings, accepted financing grants worth $11.25 million. This financing revenue was attained in May 2021, resulting in an accomplished expansion of Coin98’s imperative business...
EU Proposes Law to ‘Ensure Full Traceability’ of Crypto Transfers, Ban Anonymous Wallets
21.7.2021
The European Commission has proposed legislation to “ensure full traceability of crypto-asset transfers, such as bitcoin,” in order to prevent and detect “their possible use for money laundering or terrorism financing.” Moreover, “anonymous crypto asset wallets will...
FTX Closes $900 Million Series B — Capital Raise Pushes Exchange Valuation to $18 Billion
21.7.2021
FTX Trading Ltd. announced the firm has closed the largest capital raise in crypto exchange history in a Series B funding round for $900 million. The financing gives FTX a valuation of around $18 billion and the crypto firm aims to expand its global presence. FTX Closes Largest Capital Raise...
Zimbabwe Proposes Inclusion of VASPs in Its Securities Law — Move Applauded as ‘Step in Right Direction’
20.7.2021
The Zimbabwean government recently revealed its intention to widen the definition of securities to include virtual asset service providers (VASPs). According to a document released by the cabinet, the proposed inclusion of VASPs into the category of defined securities will be made possible via...
Greenidge Joins Foundry USA, Deal Gives Bitcoin’s Fifth-Largest Pool 800 Petahash
14.7.2021
Greenidge Generation Holdings Inc., the mining firm based in Upstate New York, has announced the company has partnered with the Digital Currency Group mining and staking subsidiary Foundry Digital LLC. Furthermore, Greenidge revealed that it has purchased 2,300 Microbt-manufactured Whatsminer M30S...
DoJ’s crypto czar joins FinCEN in brand-new role: Why it matters
9.7.2021
Michele Korver’s appointment to the U.S. Financial Crimes Enforcement Network promises to reduce illicit financial practices within the crypto space
NBA Star Spencer Dinwiddie’s Crypto-Fueled Social Media App Raises $7.5 Million
2.7.2021
According to an announcement revealed on Thursday, Spencer Dinwiddie’s token application called Calaxy has raised $7.5 million in funding. The American professional basketball player for the NBA’s Brooklyn Nets has been a fan of blockchain technology for quite some time, as the point...
NFT Marketplace Backed by Mark Cuban Raises $13 Million in Series A
1.7.2021
The Mark Cuban-backed non-fungible token (NFT) marketplace Mintable has raised $13 million in a Series A funding round, according to an announcement on Thursday. The Singapore-headquartered Mintable, plans to use the funds to expand its offerings, as the application already features 700,000 NFTs...
FinCEN lists cryptocurrencies as top AML and CFT priorities
1.7.2021
FinCEN will soon issue regulations on how financial institutions should incorporate its priorities on crypto considerations into their AML programs
Blockware Mining Raises $25M — Firm Looks to Make ‘Hashrate in the US More Globally Competitive’
30.6.2021
On Wednesday, the North American bitcoin mining operation Blockware Mining announced the firm closed a $25 million investment round. According to the company, Blockware Mining aims to leverage the financing to expand operations “beyond its currently installed North American footprint.”...