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Ritual Secures $25 Million in Seed Funding to Decentralize AI

8.11.2023
Source: Pixabay AI platform Ritual obtained a $25 million capital injection in a Series A funding round led by Archetype, with assistance from Accomplice and Robot Ventures. The company announced on its website that the funds would help “expand our team, start growing our developer network,...

Progmat stablecoin platform takes shape as wallet, liquidity providers join

8.11.2023
Progmat Coin hopes to issue yen- and dollar-pegged “trust-type” stablecoins next summer to accommodate around-the-clock settlement

Is It Too Late to Buy Cronos? CRO Price Shoots Up 30% and This Innovative Meme Platform Could Be Next

8.11.2023
Crypto.com’s native Cronos token has pushed high into the trading channel, but as CRO price shoots up +30% – is it too late to buy Cronos? The multi-week upside move was triggered by an ambitious re-brand reveal by Crypto.com, which will see Cronos’ website Crypto.org changed...

Artificial Intelligence Platform Ritual Looks to 'Decentralize Access to AI' With $25M Backing

8.11.2023
Ritual's aim is to open access to the infrastructure that lies behind AI innovation, which at present "lies in the hands of a few powerful companies."

Expobank Issues First Tokenized Diamond Offering in Russia

8.11.2023
Expobank, a large financial institution in Russia, has reportedly issued the first tokenized diamond offering in the country. According to local media, Expobank used the Multichain blockchain platform to issue these tokens, with each one of them having the value of 1/5,000 of a diamond...

End of Line for BSV on Coinbase, Exchange to Delist Crypto in January 2024

8.11.2023
Coinbase has announced it will be removing bitcoinsv (BSV) from its platform, having informed its clientele through an email notification. BSV, which was created following a hard fork from the Bitcoin Cash protocol on November 15, 2018, will no longer be hosted on Coinbase’s services after...

Bitcoin Price Prediction: Custodia’s New Move, CFTC & Crypto Oversight

8.11.2023
In the fluid realm of digital currencies, Bitcoin‘s valuation has taken a modest uptick, registering a 1.20% climb to reach $35,365 on Wednesday. Amidst this nuanced shift in market dynamics, notable developments have surfaced. Custodia Bank, spearheaded by the astute Caitlin Long,...

OpenSea investor marks down stake in platform by 90%: Report

8.11.2023
OpenSea’s co-lead investor Coatue Management marked down its investment from $120 million to $13 million

German Banking Giant DZ Bank Launches Crypto Custody Platform

8.11.2023
One of the largest banks in Germany by total assets, DZ Bank, has launched a crypto custody platform. Additionally, the bank disclosed that alongside its solution for institutional customers, it is working on “an offer that allows private customers to invest directly...

Japanese Megabank Mitsubishi UFJ Teams up with Crypto Exchange for Stablecoin Project

8.11.2023
Source: Funtap/Adobe The Japanese banking giant Mitsubishi UFJ will join forces with one of the nation’s biggest crypto exchanges for a new stablecoin offering. The bank will team up with Bitbank, one of Japan’s biggest and longest-running crypto exchange platforms. The firms and their partners...

Ex-Cantor execs launch crypto lending platform in expectation of Bitcoin ETFs

8.11.2023
The new platform Tokenet hopes to capitalize on institutional interest following the potential approval of a spot Bitcoin ETF

Coinbase to Cease Bitcoin SV Support by Jan 2024, Urges Holders to Withdraw Tokens

8.11.2023
Source: Adobe / prima91 Leading crypto exchange and wallet Coinbase on Tuesday, unveiled plans to completely cease support for Bitcoin SV (BSV) token. The platform had delisted the token in 2021. Coinbase confirmed the changes in a note sent to users stressing that the platform “will no longer...

Custodia Bank Launches Bitcoin Custody Service for Businesses

7.11.2023
Source: Pexels Custodia Bank, a crypto-friendly bank, announced that it has officially launched its Bitcoin custody platform to customers in select U.S. states. On November 7, Custodia Bank, formerly known as Avanti Financial Group, announced on X (formerly Twitter) that they have now launched...

Coinbase Bolsters Global Advisory Council, Adds 4 National Security Advisors

7.11.2023
Source: Pixabay Coinbase will add four national security experts to its Global Advisory Council, it announced on Tuesday. In a press release, the crypto exchange platform revealed that Mark T. Esper, Stephanie Murphy (D-FL), Frances Townsend and David Urban would join its Council, which...

Caitlin Long’s Custodia Bank launches Bitcoin custody platform

7.11.2023
Custodia Bank’s launch of Bitcoin custody follows a series of regulatory challenges the firm faced earlier this year

Blockpit Acquires Rival Tax Platform Accointing to Improve EU Crypto Tax Services

7.11.2023
Source: Blockpit Blockpit, an Austria-based crypto tax service provider, has acquired its rival platform Accointing from the crypto data company Glassnode. This acquisition positions Blockpit to align with the upcoming EU tax regulations, known as the Eighth Directive on Administrative Cooperation...