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Lithuania Fines Crypto Firm $10M for Russian Sanctions Violations
11.7.2024
The Lithuanian Financial Crime Investigation Service (FNTT) has fined the crypto firm Payeer nearly 9.3 million euros ($10 million) for international sanctions violations and anti-money laundering (AML) breaches. Specifically, Payeer was fined 8.23 million euros for facilitating transactions...
VC Firm Hypersphere Reveals $130 Million Atlas Liquid Fund
11.7.2024
Venture capital firm Hypersphere has announced the launch of its new liquid fund, Atlas, managing over $130 million in assets. Atlas aims to capitalize on the inefficiencies in the young crypto markets through a diverse range of trading strategies. Hypersphere’s New Atlas Fund Aims to Target...
Ethereum Holds Firm Above $3K, Eyes $3.4K Breakout
10.7.2024
The global crypto market continues to experience mixed sentiments, yet stalwarts like Bitcoin and Ethereum show remarkable resilience, holding onto gains from the previous day. According to CoinMarketCap, the total market capitalization saw a modest rise of 1.47%, reaching $2.15 trillion, while...
Lithuania Fines Crypto Firm Payeer $10.1M for Russian Trades
10.7.2024
Lithuania—the seaside country—has fined Payeer, a crypto company, €9.3 million ($10.1 million) for financial sanctions and money laundering violations involving its Russian clientele. According to Bloomberg, the Financial Crimes Investigation Service (FNTT) under the Ministry of Internal Affairs...
Crypto Investment Firm Hypersphere Unveils $130M Market Fund
10.7.2024
The Atlas fund aims to use Wall Street-style strategies to generate returns from investments in the crypto market
Standard Chartered’s Zodia Markets in Talks to Acquire Alan Howard-Backed Crypto Firm
10.7.2024
Standard Chartered’s crypto subsidiary, Zodia Markets, is reportedly in advanced talks to acquire Elwood Capital Management, a digital-asset business backed by billionaire hedge fund manager Alan Howard. The acquisition, expected to be completed this month, will provide Zodia Markets with...
Asset Manager Digitalx Set to Launch Second Bitcoin ETF on Australia’s Main Stock Market
10.7.2024
On July 12, the asset management firm, Digitalx, is set to launch a bitcoin exchange-traded fund (ETF) on an ASX operated stock market. Asset managers K2 Asset Management and 3iQ played a role in establishing what will be the second ETF approved by ASX. Digitalx Set to Debut Australia’s...
Standard Chartered’s crypto arm eyes buying billionaire’s crypto OTC firm: Report
10.7.2024
Zodia Markets is reported to be in talks to buy Elwood Capital Management, a crypto firm backed by billionaire hedge fund manager Alan Howard
Storj Acquires Cloud Computing Firm Valdi; Terms Undisclosed
9.7.2024
Valdi allows customers to use available GPU compute cycles in data centers across the world
Ex-Valkyrie CEO Leah Wald to Take Reins of Crypto Investment Firm Cypherpunk
9.7.2024
The co-founder and former Valkyrie CEO will the digital asset management firm to "push boundaries" of crypto investing
Standard Chartered-Backed Zodia Custody Partners with Crypto Lending Firm Maple Finance
9.7.2024
Japanese public firm Metaplanet buys another $2.5M of Bitcoin
8.7.2024
After completing the latest purchase, Metaplanet holds a total of 203,734 BTC bought at the average price of around $62,000 per BTC
Japanese public firm Metaplanet buys another $2.5M of Bitcoin
8.7.2024
After completing the latest purchase, Metaplanet holds 203,734 BTC bought at an average price of around $62,000 per coin
Tether signs MoU to promote crypto freedom in Turkey
2.7.2024
Stablecoin giant Tether is eager to learn about the possibilities of introducing new business lines into Turkey's banking in cooperation with the local crypto firm BTguru
Crypto Custody Firm Anchorage Offers Investment Returns Through Deal With Cumberland-Backed Hashnote
1.7.2024
Hashnote Harbor will enable clients to earn yields on digital commodities without the assets ever leaving the custody of Anchorage Digital
Firm Behind Pudgy Penguin NFTs Acquires Frame to Build Abstractchain for Consumer Crypto
29.6.2024
Igloo Inc., the team behind the Pudgy Penguins non-fungible tokens (NFTs) has announced the acquisition of Frame, aiming to enhance the consumer crypto experience by developing Abstractchain. This move is expected to address limitations in current layer two (L2) solutions and expand cultural...
Bitcoin Mining Firm Bitdeer Partners With Ohio Port Authority for 570 MW Expansion
28.6.2024
Bitdeer Technologies Group has signed a lease agreement with the Monroe County Port Authority to secure an additional 570 megawatts (MW) of power capacity. This expansion brings Bitdeer’s total global capacity to 2.5 gigawatts (GW). Bitdeer Expands Power Capacity With New Partnership in Ohio...
T-Rex files for ‘ghost pepper’ 2X leveraged MicroStrategy ETF
28.6.2024
Financial services firm T-Rex Group has applied for what could be the “most volatile ETF” ever seen in the United States
Crypto firm backed by real-world assets plans to go public this year
27.6.2024
The publicly-audited company aims to launch a namesake cryptocurrency backed by its portfolio of real-estate assets and equity stakes
South Korean crypto firm Hashed Ventures expands to Abu Dhabi: Report
27.6.2024
Hashed Ventures said it’s in talks with other South Korean crypto firms to help bring them to Abu Dhabi