Search
Abu Dhabi Fintech Startup Raises $20 Million in Series B Funding Round
9.11.2022
Abu Dhabi-based fintech, Pyypl, announced on Nov. 7 that it had raised $20 million in Series B funding and this brought the total of funds raised to nearly $40 million. Pyypl has said it plans to use the recently raised funds to develop and add new features to its proprietary technology....
Crypto Custody Firm Copper Inks $500M Insurance Deal With UK Giant Aon
9.11.2022
The agreement provides cover against employee collusion, third-party theft and physical loss or damage of digital assets held by the London-based company
NFL Legend Tom Brady Caught in FTX Fallout, Risks Losing Complete Strategic Investment
9.11.2022
A tarnished record after coming out of retirement, a divorce, and now a wipeout of the strategic investment in FTX. 2022 has been a rough year for the seven-time Super Bowl champion
Gofaizen and Sherle Introduce Full-Cycle Online Accounting In Lithuania
9.11.2022
PRESS RELEASE. Gofaizen & Sherle is a legal and business consulting firm specializing in digital asset-based businesses, financial institutions and investment funds. Having been founded in September 2021, the company has successfully gained a portfolio of hundreds of different projects...
Cathie Wood’s ARK Loads Up on COIN Despite FTX Crisis
9.11.2022
ARK says it's buying 420,949 COIN shares, which would equate to $21 million, given current market prices
Largest Japanese Bank MUFG Projects to Offer Financial Services in Metaverse by 2023
9.11.2022
MUFG, the biggest bank in Japan, is projecting to offer financial services through the metaverse in 2023. The financial giant has partnered with ANA Holdings, a holdings consortium focused on air transportation companies, to be part of ANA’s Granwhale metaverse, and explore the possibility...
Dubai Presses for Crypto Companies to Set Up Shop
9.11.2022
Crypto companies say the city’s Virtual Assets Regulatory Authority has promised a regulatory framework before year end
The Collapse of the FTX Empire
9.11.2022
Hello folks. It is election day in the U.S., and that was going to be my main focus today, up until about 11:05 a.m. ET anyway. That’s the point when Sam Bankman-Fried announced that his company FTX would enter a “transaction” with Binance, which Binance CEO Changpeng Zhao later clarified was...
Crypto Market Rout Fuels Global Exchange Volumes — Kraken, Coinbase Report Connectivity and Latency Delays
9.11.2022
Amid the market carnage on Tuesday, Nov. 8, the top ten cryptocurrency exchanges have seen trade volumes soar. During the 24-hour period on Tuesday, the top five exchanges alone recorded more than $60 billion in trade volume. Out of the top ten crypto exchanges by trade volume, exchanges...
First Mover Asia: Prediction Markets Split if Binance Will Pull Out of FTX Deal; Bitcoin Drops 11%
9.11.2022
Investors on PolyMarket think there’s a 45% chance that Binance will pull out of the FTX deal and a 55% chance the deal goes through
Sam Bankman-Fried No Longer a Billionaire After $14.6B Overnight Wipe-out
9.11.2022
FTX CEO Sam Bankman-Fried has vanished from the Bloomberg Billionaires Index after his estimated personal wealth plummeted nearly 94% to $991.5 million in a single day
Liquidity Crunch Spreads to Crypto Lending as Institutional Borrowers Max Out Credit Pools
9.11.2022
Multiple crypto investment firms received a “warning” label on lending protocol Clearpool for draining almost the maximum amount of credit from their credit pools
Midterm Elections 2022: Crypto Live Blog
9.11.2022
The U.S. votes for the House and Senate today. Control of the legislature is up for grabs. CoinDesk’s Nikhilesh De, Jesse Hamilton and Cheyenne Ligon will bring you live updates on the crypto market’s reaction and what the results could mean for the industry
Kim Kardashian and Floyd Mayweather Win Tentative Court Ruling in Ethereummax Lawsuit: Report
9.11.2022
Reality TV star Kim Kardashian and boxing legend Floyd Mayweather Jr. reportedly won a tentative court ruling in a class-action lawsuit involving the Ethereummax token. Investors have accused the celebrities of hyping Ethereummax and pumping the EMAX crypto token. Judge’s Tentative View U.S....
These Four Key Charts Shed Light on the FTX Exchange's Spectacular Collapse
9.11.2022
Nansen’s on-chain metrics suggest several reasons why FTX decided to sell itself to Binance
LBank Exchange Will List Byepix (EPIX) on November 10, 2022
9.11.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Nov. 7, 2022 – LBank Exchange, a global digital asset trading platform, will list Byepix (EPIX) on November 10, 2022. For all users of LBank Exchange, the EPIX/USDT trading pair will be officially available for trading at 13:00 UTC on November 10, 2022....
Market Wrap: Binance/FTX Deal Sends Bitcoin, Other Cryptos Spiraling
9.11.2022
Crypto prices whipsawed following the announcement that Binance would be purchasing one of its largest rivals. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Yuga Labs, Circle, SkyBridge Among Investments FTX Ventures Made Prior to Liquidity Issues
9.11.2022
FTX Ventures invested in some of the biggest names in crypto. Meanwhile, TradFi giants such as Tiger Global have participated in FTX's funding round
Commodity Strategist Mike McGlone Says BTC, ETH Appear to Have ‘Completed the Bulk of Their Drawdown’
9.11.2022
Bloomberg Intelligence senior commodity analyst, Mike McGlone, recently wrote that “cryptos could regain [an] edge” when he discussed bitcoin and ethereum in a report published on Bloomberg’s terminal on Nov. 3, 2022. McGlone detailed that volatility in bitcoin and ethereum...
FIFA Announces Entire Range Of Nightmarish Blockchain World Cup Games
9.11.2022
Earlier this year, EA Sports and FIFA ended a partnership that had lasted for 30 years, mostly because the irredeemably-corrupt sports governing body had started making all kinds of wild demands for the rights to their name. EA walked away, and FIFA tried to pretend everything was going to be just...