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FTX Raises $420 Million in Series B-1 — Crypto Exchange Commands $25 Billion Valuation
22.10.2021
The digital currency exchange FTX Trading Limited announced the firm has raised more than $420 million in a Series B-1 fundraise. The capital raise follows the crypto exchange’s financing round at the end of July when FTX raised $900 million. After the raise was announced on October 21,...
Robinhood crypto wallet waitlist hits 1 million people
22.10.2021
Robinhood CEO Vlad Tenev said crypto as an asset class is here to “stay” and revealed that over a million users have signed up to the firm’s crypto wallet waitlist
Tesla Hodls Bitcoin in Q3, Elon Musk Tweets BTC at $69K Meme
22.10.2021
Tesla is currently holding bitcoin worth $1.26 billion on its balance sheet, the company’s third-quarter earnings report shows. The electric car company reported a bitcoin-related impairment of $51 million in the quarter. Meanwhile, CEO Elon Musk tweeted a meme showing the price of bitcoin...
US Public Pension Fund for Firefighters Adds Bitcoin and Ether Worth $25 Million to Portfolio
22.10.2021
The $5.5 billion pension fund for the U.S. city of Houston’s firefighters has announced an investment in bitcoin and ether. “This investment marks the first announced investment in digital assets by a public pension plan in the U.S.” ‘A Watershed Moment for Bitcoin...
Blockchain Game Developer Animoca Brands Raises $65 Million – Ubisoft, Sequoia China Participate in Funding
21.10.2021
On Wednesday, the global developer utilizing popular brands, gamification, A.I., blockchain, non-fungible tokens (NFTs), and mobile technology, Animoca Brands announced the company has closed a capital raise for $65 million. Animoca Brands now has an overall valuation of $2.2 billion after raising...
Animoca Brands doubles valuation to $2.2B with new $65M funding round
21.10.2021
Animoca has raised $65 million in its latest funding round, with more than 43.8 million of newly issued shares to be distributed to investors at a price of $1.51 per share
Galaxy Interactive raises another $325M fund aimed at Metaverse and next gen games
20.10.2021
The venture capital firm will fund companies in the interactive sector that combine content, finance and tech
Chimeras Play-to-Earn Metaverse Completes Successful Funding Round
19.10.2021
PRESS RELEASE. Chimeras successfully raised over $2 million in its latest fundraising round, which will help to fund the play-to-earn project’s market and product development. October 18th, 2021 – The Chimeras Play-to-Earn metaverse project has completed its funding round with...
ZoidPay Chrome Extension Lets Shoppers Buy with Crypto on Amazon, eBay and 40M+ Online Retailers
19.10.2021
PRESS RELEASE. The ZoidPay Chrome extension will allow users to spend their cryptocurrencies on products, pay subscriptions, and even book flights with 40+ million online retailers. October 19th, 2021, Bucharest, Romania — ZoidPay has announced the launch of its Chrome Extension, allowing...
FinCEN Links More Than $5 Billion in Bitcoin Transactions to Ransomware
19.10.2021
FinCEN, the U.S. Financial Crimes Enforcement Network, linked more than $5 billion in bitcoin transactions to the most common ransomware variants out there. The organization stated in a report issued last week that the mean average total monthly suspicious amount of ransomware transactions...
Financial Advisors Managing $110 Trillion Can Now Offer Crypto Trading to Clients via Interactive Brokers
19.10.2021
Registered investment advisors (RIAs) with about $110 trillion under management can now offer their clients cryptocurrency trading through Interactive Brokers. RIAs manage portfolios of almost 61 million clients. Registered Investment Advisors Can Now Offer Cryptocurrencies to Clients Global...
Central Bank of Brazil Reports Brazilians Have Bought More Than $4 Billion in Cryptocurrency This Year
18.10.2021
Brazilians have brought over $4 billion of cryptocurrencies to the country, according to numbers from the Central Bank of Brazil. The commercial asset balance report presented shows that Brazilians have consistently acquired over $350 million dollars of cryptocurrencies each month since January....
The Ongoing Effort to Free Ross — Ulbricht’s Clemency Petition Closes in on Half a Million Signatures
16.10.2021
As the end of 2021 nears, Ross Ulbricht remains in prison as he continues to serve his draconian double-life prison sentence for creating a website called the Silk Road. Ever since he was arrested, there’s been an ongoing effort to free Ulbricht, as a great majority of individuals and...
Estonia Considers Revoking Crypto Licenses as Government Mulls Tougher Regulations
16.10.2021
Authorities in Estonia are working on new legislation expected to stiffen the rules for the country’s cryptocurrency sector. The Baltic nation’s regulator for the industry is considering whether to revoke previously issued crypto licenses and restart authorization from scratch....
CFTC Fines Stablecoin Issuer Tether and Crypto Exchange Bitfinex $42.5 Million
15.10.2021
On Friday, October 15, 2021, the U.S. Commodity Futures Trading Commission (CFTC) announced that it had ordered the company Tether Holdings Limited and Ifinex Inc., the parent company of Bitfinex, to pay fines totaling $42.5 million. The CFTC accuses Tether of “making untrue or misleading...
CFTC slaps Tether and Bitfinex with a combined $42.5 million fine
15.10.2021
The settlement triggered concerns that the CFTC's role in stablecoin regulation could be misunderstood by the public
ResetEra Owner Cashes Out Gaming Forum For $4.5 Million
14.10.2021
Four years after the popular gaming forum, ResetEra, was born from the ashes of NeoGAF, it has been sold to a network of Swedish esports sites for an eye-popping $4.5 million. While the deal puts a price tag on the previously unquantifiable value of discussions like, “How did Blizzard get away with...
Coinbase’s NFT Waitlist Tops One Million Signups on First Day
14.10.2021
According to a source familiar with the matter, Coinbase’s NFT queue had much more than 1 million signups on the first day it launched. According to the source, it was unclear whether any of the signups were copies or spammers. Coinbase announced plans to start its marketplace on Tuesday, hoping...
USD 0.5 Million Paid in Failed Ethereum Transaction
14.10.2021
Ethereum (ETH) transactions can be tricky when it comes to fees, and this is far from the first time somebody paid massive amounts for a transaction, and a failed one at that – this time USD 533,901 in total....
Read More: USD 0.5 Million Paid in Failed Ethereum Transaction
Crypto Firm Owners Plead Guilty to Tax Evasion, Face up to 5 Years in Prison
14.10.2021
The owners of a cryptocurrency firm that raised approximately $24 million from more than 13,000 investors have pleaded guilty to tax evasion. “These crypto-savvy defendants exploited an emerging technology, lying to their investors, pocketing the proceeds, and concealing the income from...