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Connecticut Banking Regulator Fines Crypto ATM Operator Bitcoin of America
23.5.2023
According to the Connecticut Department of Banking, commissioner Jorge Perez revealed that the regulator has reached a settlement with the crypto automated teller machine (ATM) and kiosk operator Bitcoin of America. As part of the settlement, Bitcoin of America will pay $86,000 in restitution,...
Crypto hacks falling in Q1 is but a 'temporary reprieve' — Blockchain firm
22.5.2023
It was warned that the amount stolen in Q1 2023 mirrors Q2 2022, which was followed by a “record setting number of hacks.”
Marathon and Brink Join Forces to Raise $1 Million for Bitcoin Core Developers
20.5.2023
Bitcoin mining company Marathon Digital Holdings and Brink, a nonprofit striving to support open-source Bitcoin development, recently revealed their collaboration to generate up to $1 million in funding for Bitcoin Core developers. Marathon pledged to match all contributions toward this cause...
Bankrupt Crypto Firm Celsius May Receive Second Chance from Wall Street
19.5.2023
The now-bankrupt crypto lender Celsius Network may get a second chance with the help of Wall Street investment giants.
According to a Wall Street Journal article from Thursday, two groups of investment heavyweights are currently engaged in a bidding war for what remains of Celsius, close to a year...
Ripple Appoints Market Research Firm Nielsen's CFO Jenson to Board
19.5.2023
Jenson has held leadership positions at Amazon, Delta Airlines, NBC, Electronic Arts, and Nielsen
Crypto Firm Hashkey Eyes $1 Billion Valuation, Capitalizing on Hong Kong's Digital Shift
19.5.2023
Hong Kong-based digital asset firm HashKey Group aims to raise funds at a valuation of more than $1 billion.
The company is in early-stage talks to raise $100 million to $200 million from potential investors, Bloomberg reported Friday, citing people familiar with the matter.
The deal...
Digital Asset Firm HashKey Group Looks to Raise up to $200M at $1B Valuation: Bloomberg
19.5.2023
The firm is looking to capitalize on Hong Kong's re-emergence as a potential crypto hub as the city has looked to formulate a clear regulatory structure for digital assets
Ripple's $250 Million Acquisition of Swiss Blockchain Firm Metaco Marks Expansion into Tokenized Assets
18.5.2023
The American fintech Ripple has acquired the Switzerland-based blockchain firm Metaco for $250 million, marking its first entry into the asset tokenization field.
The acquisition was announced by Ripple on Wednesday, with the firm saying it expects the deal to help it expand its enterprise...
US Bitcoin Corp Secures Hosting Agreements for 150,000 Bitcoin Miners
18.5.2023
On Thursday, the bitcoin mining company U.S. Bitcoin Corp revealed the firm has successfully secured hosting agreements with five different companies to install 150,000 application-specific integrated circuit (ASIC) bitcoin miners. The bitcoin mining machines will be hosted in data centers situated...
Climate Finance Firm Solid World Opens Forward Carbon Liquidity Pools With Polygon
18.5.2023
The pool will enable the purchase of mangrove-based carbon credits
Expect Ripple Deal to Set Off Crypto Custodian M&A, Says Advisory Firm
18.5.2023
Ripple purchased custodian Metaco for $250 million, and regulatory and market conditions could lead to further deals, says Architect Partners
Report: Well Known Crypto Firms Still Not Adhering to Basic Governance Standards
18.5.2023
Many of the most well-known crypto firms are not adhering to basic governance standards, the findings of a Bloomberg survey have shown. Only 31 out of the 60 polled firms “currently procure a full financial audit or reserve attestations from an independent auditor.” Industry...
Citadel Securities Suing Two Former Employees After They Left To Form a Crypto Firm
17.5.2023
Citadel Securities is suing two former employees after they left to form a cryptocurrency market-making firm.
One of the world’s largest market makers claims that Leonard Lancia and Alex Casimo started raising capital and building the trading firm Portofino Technologies, while still working...
Berenberg Investment Firm Analyst Sees MicroStrategy as Safer Bet than Coinbase Due to SEC Risk
17.5.2023
An analyst at Berenberg investment firm believes MicroStrategy is now a safer bet compared to Coinbase due to the exchange's regulatory issues.
Mark Palmer, an equity research analyst at Berenberg Capital Markets, said the US Securities and Exchange Commission will likely file an enforcement...
Stablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin
17.5.2023
Tether, the stablecoin enterprise, has revealed its intention to devote 15% of its profits to bitcoin. The firm’s announcement comes on the heels of Tether’s recent attestation report, which emphasized the company’s possession of bitcoin reserves worth $1.5 billion....
Ripple acquires Swiss blockchain custody firm Metaco for $250M
17.5.2023
Metaco raised $17 million in a Series A funding round in 2020. The company raised $20 million in total before being acquired
Ripple Buys Crypto Custody Firm Metaco for $250M
17.5.2023
Metaco will continue to operate as an independent business unit led by CEO and founder Adrien Treccani
Axie Infinity's Token Jumps 12% After Firm Lists Game on Apple App Store
17.5.2023
The dollar valued locked in the open futures contracts tied to AXS has surged to highest since February, signaling an influx of new money into the market
Okx Introduces New Ordinals Marketplace Amid Bitcoin Inscription and BRC20 Buzz
16.5.2023
On Tuesday, the crypto firm Okx announced the launch of a new Ordinals marketplace. The platform is accessible via the Okx Wallet and will enable users to mint and trade Ordinal inscriptions and BRC20 tokens. While the Ordinals marketplace is still in its early stages, users can take advantage...
Blockfi Announces Self-Liquidation Plan After Failed Attempts to Sell Company
16.5.2023
The now-defunct crypto lender Blockfi has recently filed a court document outlining its plans to liquidate the company. The firm has come to the realization that selling the company would not be beneficial to its creditors. As a result, Blockfi has decided to take matters into its own hands...