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Today in Crypto: 46.5% of Web3 Fund Loss is Result of Traditional Web2 Security Issues, Investment in Blockchain Gaming Hits $1.5 Billion in 2023
15.11.2023
Source: AdobeStock / AhmadSoleh Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Security news While developers and researchers generally focus on designing and coding the smart contract protocol...
Binance Labs invests in ARKM, the native token of Arkham platform
15.11.2023
Binance Labs, the venture capital arm of Binance Exchange, has invested in ARKM, the native token of the crypto intelligence platform Arkham
OKX Ventures makes seed round investment in Kakarot
15.11.2023
OKX Ventures carries out a seed round funding in Kakarot, which is a Type 2.5 ZkEVM worded in Cairo. This is a Turing complete programming language. Cairo o has been created to collect into Cairo Assembly (CASM), helping to bring about implementation signs. In turn, these signs are utilized...
Standard Chartered Investment Arm Launches Tokenization Platform
15.11.2023
Libeara will enable the creation of a tokenized Singapore dollar government bond fund
Blockchain.com Receives $110 Million in Series E Funding Led by Kingsway Capital
15.11.2023
Source: Blockchain.com The crypto exchange Blockchain.com has successfully raised $110 million in its latest Series E funding round. This substantial financial boost was led by Kingsway Capital, a UK-based investment management firm. Alongside Kingsway Capital, the Series E round saw participation...
K-pop Agency Modhaus Announces $8 Million Series A Investment
14.11.2023
Source: Pixabay A South Korean blockchain-based K-pop startup has raised $8 million in its series A funding round. Modhaus announced in a statement today that the series A funding round has pushed their total fundraising to $12 million overall. The funding round was led by U.S. investment firm...
BGX Invests $90 Million in BC Technology Group, Operator of Hong Kong’s OSL Exchange
14.11.2023
Source: Adobe / Dmitry Rukhlenko BC Technology Group, the operator of Hong Kong’s publicly listed cryptocurrency exchange OSL, has secured a significant investment from BitgetX (BGX), the Hong Kong division of the cryptocurrency services provider Bitget, although it is still pending...
Today in Crypto: SC Ventures’ Platform to Enable First-Ever Tokenized Singapore Dollar Government Bond Fund, Pundi X Reveals ‘Pay via Email’ Feature
14.11.2023
Source: AdobeStock / Alex Yeung Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Banking news SC Ventures, the innovation, fintech investment, and venture arm of banking giant Standard Chartered...
Institutional Investors Flock to Bitcoin Pushing Inflows Past $1 Billion in 2023
14.11.2023
Source: Adobe / Alex Total inflows into traditional investment funds backed by crypto have finally passed the $1 billion mark for the year, after last week saw investors flocking to Bitcoin. For the week as a whole, crypto investment funds recorded inflows of $293 million, bringing the year-to-date...
9.4% of French Population Holds Crypto as the Asset Class Ranks Second in Investment Options
14.11.2023
Source: AdobeStock / MarinadeArt France’s financial regulator, Autorité des Marchés Financiers, has published a study by the Organisation for Economic Co-operation and Development (OECD) on investment choices and growth levels in the country. In the survey released on Nov 13, digital assets...
Owner of Hong Kong crypto exchange OSL secures $90M investment
14.11.2023
BC Technology Group, the operator of Hong Kong’s publicly listed crypto exchange OSL, has raised $90 million in subscriptions for new shares from BGX
Crypto is second most popular investment asset in France: Survey
14.11.2023
The survey was conducted at the request of the Organisation for Economic Co-operation and Development (OECD) in the spring of 2023
Inflows Into Digital Asset Investment Products Cross the $1 Billion Mark — Study
14.11.2023
The U.S. dollar value of funds flowing into digital asset investment products or exchange-traded products (ETP) in 2023 now exceeds $1 billion. In the week ending Nov. 10, approximately $293 million flowed into ETPs. Bitcoin ETP trading volumes in the week under review constituted nearly 20%...
Fnality Receives $95 Million Investment Led by Goldman Sachs, BNP Paribas
14.11.2023
Fnality International, a company specializing in tokenized cash solutions on blockchain, has secured a substantial investment of $95.2 million, according to Bloomberg. The funding round was spearheaded by prominent financial institutions Goldman Sachs and BNP Paribas. Fnality’s Growth Journey...
Hong Kong-Listed Boyaa Interactive Seeks Shareholder Approval for $100 Million Crypto Investment
14.11.2023
Source: Pixabay Hong Kong-based E-gaming giant Boyaa Interactive International Limited is seeking shareholder’s approval for purchasing $100 million worth of crypto in the next 12 months. According to an announcement from the Hong Kong Stock Exchange, the board of directors of Boyaa Interactive,...
CBOE to launch BTC, ETH margin futures trading in January with 11 firms supporting
13.11.2023
The new trading capability comes simultaneously with a surge in interest in crypto financial products in the United States
Today in Crypto: Bakkt Reveals International and Domestic Expansion, Justin Sun Offers 5% Bounty, Metaverse Platform ZEP to Build on Near
13.11.2023
Source: AdobeStock / Ascannio Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Investment news Digital asset marketplace Bakkt Holdings announced international and domestic expansion. Per the press...
FTX Debtors’ Lawsuit Seeks Recovery of $935 Million ‘Fraudulently’ Transferred to Bybit’s Investment Arm and Others
13.11.2023
A new lawsuit filed by entities overseeing the FTX bankruptcy process seeks to recover $935 million that was reportedly transferred to Bybit’s investment arm and others just before the former’s Chapter 11 filing in November 2022. Bybit is also accused of using FTX assets held on...
Hong Kong Lawmaker Proposes Bitcoin in Investment Immigration Program
13.11.2023
Source: LT/Adobe A Hong Kong lawmaker has proposed to incorporate Bitcoin trading into the city’s licensed exchanges in the revived investment immigration program. The initiative signals a progressive shift in embracing cryptocurrencies within the sphere of high-stakes financial endeavors....
9% of French Adults Now Invested in Crypto Assets, AMF Survey Reveals
13.11.2023
Amidst the global wave of new retail investment, France’s Autorité des Marchés Financiers (AMF) has observed a significant uptick in the number of individuals holding crypto assets. A study conducted by the AMF, supported by the Technical Support Instrument of the EU, reveals that as of 2023...