Search
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...
Standard Chartered’s SC Ventures Partners With SBI to Establish Digital Asset Joint Venture in UAE
11.11.2023
Standard Chartered’s ventures arm, SC Ventures, and Japanese conglomerate SBI Holdings are collaborating to establish a digital asset joint venture in the United Arab Emirates (UAE). “The joint venture will focus on investing in companies across the digital assets spectrum including...
Standard Chartered and SBI Holdings Collaborate on $100 Million Crypto Investment Venture
9.11.2023
Source: Pixabay SBI Holdings and Standard Chartered’s investment arm, SC Ventures, have joined forces to set up a $100 million joint venture in the United Arab Emirates targeting crypto startups. In a statement released on Thursday, the two companies announced the launch of their Digital Asset...
Standard Chartered’s venture arm to set up crypto fund in UAE
9.11.2023
SC Ventures will establish a Digital Asset Joint Venture investment company in partnership with a Japanese financial conglomerate, SBI Holdings
UK Web3 Firm Pimlico Secures $4.2M Seed Investment Led by a16z Crypto
8.11.2023
a16z. Source : Twitter/CRYPTOPURITY.COM Pimlico, a UK-based Web3 company, has successfully closed a seed investment round worth $4.2 million, led by the major venture firm Andreessen Horowitz’s crypto arm a16z Crypto. The new funding round comes after a recent pre-seed round, and marks a “crucial...
PayPal Faces Regulatory Scrutiny as SEC Subpoenas PYUSD Stablecoin
2.11.2023
The United States Securities and Exchange Commission (SEC) has issued a subpoena to global payment giant, PayPal over its newly launched stablecoin, PYUSD. On Nov 2, PayPal Holdings announced that it received a subpoena from the enforcement arm of the SEC tied to its U.S. dollar stablecoin...
SEC’s Spot Bitcoin ETF Approval Looking Like ‘a Done Deal’ in January, Says Bernstein
31.10.2023
Global asset management firm Alliancebernstein’s research arm expects the U.S. Securities and Exchange Commission (SEC) to approve its first spot bitcoin exchange-traded fund (ETF) in early January 2024. Noting that the regulator “has been actively responding with edits/comments on...
Deutsche Bank and Standard Chartered Venture into SWIFT Alternative for CBDCs
27.10.2023
Deutsche Bank and Standard Chartered’s venture arm SC Ventures are exploring a solution that aims to enable seamless communication between blockchain-based transactions, stablecoins, and central bank digital currencies (CBDCs). The two banks are actively testing the concept using...
Japanese Financial Giant SBI Predicts XRP Price to Hit $0.62
26.10.2023
The crypto exchange arm of Japan’s financial behemoth SBI Group has predicted a slight surge in Ripple’s native token XRP, following recent market developments. In its latest market report, SBI VC Trade has projected an increase in the price of XRP to $0.62 from the current price...
Digital Arm of Thailand’s SCBX and Korean Web3 Firm Hashed Ink R&D Partnership
27.9.2023
The partnership comes weeks after KBank, rival of SCBX’s parent, announced a $100 million web3 fund
Former White House official will lead Ripple's policy and government arm
26.9.2023
Ripple's newest head of U.S. public policy previously worked in similar roles at Softbank Group, Zoom, and Lyft following six years in government
Scaramucci leads bidding for Silicon Valley Bank VC arm: Report
18.9.2023
Anthony Scaramucci’s SkyBridge Capital is among the asset management firms leading the bids for Silicon Valley Bank’s venture capital arm, with a sale expected in the coming weeks
Binance.US Not Playing Ball With Probe, SEC Says, as Focus Turns to Custody Arm Ceffu
15.9.2023
Securities regulators have complained the exchange is unregistered, and worry about assets being shifted overseas
Nomura’s Crypto Arm Might Take Longer Time to Turn Profitable After Market Rout: CEO
8.9.2023
Laser Digital, the digital asset subsidiary of the Japanese financial services giant Nomura, might take a longer time to turn profitable than expected, as the company is still grappling to recover from the sector’s turmoil.
Laser Digital had previously forecasted to make profits by 2024. However...
Arm míří na burzu. Podíl v něm získají AMD, Apple, Intel i Nvidia, ale bude prťavý
5.9.2023
Po neúspěšných námluvách s Nvidií nakonec Arm nezmění majitele, ale nabere minoritní akcionáře. Stávající vlastník, japonská společnost Softbank, už požádal o vstup na newyorskou burzu Nasdaq. K emisi akcií by mělo dojít v průběhu podzimu. Podle informací Reuters chce Softbank prodat asi 10 %
Introducing ColLabs: A Web3 Investment Community by Binance Labs
31.8.2023
Binance Labs, the venture capital and incubation arm of Binance, is committed to helping Web3 startups achieve success by closing the gap between mentorship and funding. They do this by leveraging technical know-how from the Binance ecosystem and offering incubation programs to early-stage...
Python míří do Excelu, ARM se chystá na burzu, Facebook Messenger bude mít end-to-end šifrování
25.8.2023
Epic znovu útočí na Steam. Slovenský procesor se 192 jádry. SUSE odchází z burzy. Čipové ambice Huawei. IBM prodává Weather.com. Zprávy z IT, každý pátek na Lupě
FDIC Crypto Warning Underlines U.S. Banking Agencies' Arm’s-Length Policy
15.8.2023
The U.S. Federal Deposit Insurance Corp. added crypto as one of five broad categories this year in its annual risk report, a snapshot of the dangers the banking regulator considers a top priority at the moment
Binance's VC Arm Dominated Funding Rounds Last Week Even as Regulators Scrutinized the Crypto Exchange
7.8.2023
Binance Labs announced investments in four incubator projects and participated in a round for privacy infrastructure startup zkPass
Lithuanian Financial Intelligence Arm Lists Several Crypto Firms as New AML Violators
4.8.2023
The Financial Intelligence Unit (FNTT) of Lithuania has released a new list of anti-money laundering (AML) violators, featuring several crypto service providers in the country.
Lithuania is fast becoming a significant player in the European digital asset market, with its progressive approach...