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Canada Warns of Rising Pig Butchering and Crypto Investment Scams
29.5.2024
The Canadian Anti-Fraud Centre (CAFC) has warned about a surge in cryptocurrency scams targeting Canadian citizens.
The post Canada Warns of Rising Pig Butchering and Crypto Investment Scams appeared first on Cryptonews
Cathie Wood’s ARK Invest pours $60M into Elon Musk's AI venture
29.5.2024
Cathie Wood’s ARK Invest has committed $60 million to Elon Musk’s xAI startup, demonstrating the firm's confidence in its potential amid a surge in AI investments
Ledger Starts Shipping its New Ledger Stax Hardware Wallet After 18 Months
28.5.2024
French startup Ledger has finally begun shipping its latest Ledger Stax devices, nearly 18 months after their initial announcement.
The post Ledger Starts Shipping its New Ledger Stax Hardware Wallet After 18 Months appeared first on Cryptonews
Binance executive collapses during Nigeria trial for money laundering
24.5.2024
Gambaryan missed a court appearance on tax evasion charges but managed to attend the money laundering trial on the same day
Farcaster, Blockchain-Based Social Media Startup, Raises $150M, Led by Paradigm
21.5.2024
Dan Romero's Farcaster made waves earlier this year with the introduction of "Frames," a feature allowing apps to run within posts, so users don't have to click off to another site
Web3 Marketing Startup Spindl Launches On-Chain Ad Network
21.5.2024
Crypto wallet activity is a better way to find sales prospects than "weird, sketchy Web2 data," says Spindl CEO (and Facebook vet) Antonio Garcia Martinez
Crypto Startup Funding Hits $2.4 Billion in Q1
20.5.2024
Crypto startup funding rose to $2.4 billion in the first quarter of 2024, driven by expectations of lower interest rates and the launch of the first U.S. bitcoin spot exchange-traded funds (ETFs), according to Pitchbook data. This funding, spread across 518 deals, marked a 40.3% increase from...
Humanity Protocol Teases Several Major Partnerships Following $1 Billion Valuation
20.5.2024
Humanity Protocol, the artificial intelligence startup pioneering new identity verification technology, is teasing “several major partnerships” ahead of its testnet launch. The news follows its $1 billion valuation last week that saw key investors such as Kingsway Capital and Animoca Brands...
Ripple’s CTO David Schwartz Sheds Light on XRP Sales Strategy
20.5.2024
Prominent blockchain startup Ripple came under scrutiny for selling more XRP tokens than ever before. But David Schwartz, the Chief Technology Officer (CTO) of Ripple, recently explained why the business was liquidating its XRP holdings on May 19.
The post Ripple’s CTO David Schwartz Sheds Light...
BounceBit Pledges To Democratize Bitcoin Investing With Binance-Backed Roadmap
20.5.2024
BounceBit, a new Bitcoin restaking startup, has announced a detailed roadmap for 2024 aimed at democratizing high-yield Bitcoin investing by merging centralized and decentralized finance (CeDeFi).
The post BounceBit Pledges To Democratize Bitcoin Investing With Binance-Backed Roadmap appeared...
The Hashgraph Association Partners With Qatar Financial Centre to Launch Digital Assets Venture Studio
17.5.2024
The Hashgraph Association, a Swiss non-profit organization, has partnered with the Qatar Financial Centre (QFC) to launch a $50 million digital assets venture studio. The venture studio aims to support companies in developing regulatory-compliant decentralized finance (defi) solutions. Supporting...
Block Subsidiary, TBD, Partners With Chipper Cash for Quicker, More Affordable Remittances
17.5.2024
TBD, a subsidiary of Block, owned by Jack Dorsey, has formed a partnership with Chipper Cash, an Africa-focused fintech company. This partnership aims to expedite consumer remittances and make them more affordable. According to a statement, Chipper Cash plans to use the decentralized exchange...
Leading Crypto-Policy Academic in Washington to Open Disclosure Firm Bluprynt
16.5.2024
Georgetown Law professor Christopher Brummer leads an annual event on emerging financial technology in Washington that became a top forum for crypto issues in recent years. Now he's joining the sector, founding Bluprynt to help the industry with its regulatory disclosures as rules begin to emerge...
Egyptian Fintech Startup Secures $3.5M in Seed Funding Round
16.5.2024
The Egyptian fintech startup Mnzl plans to enhance its lending technology and expand its operations using the $3.5 million raised in a seed funding round. Co-founder Sameh Saleh said the startup seeks to empower families by providing financial leverage and contributing to broader economic...
Mastercard launches ‘next generation’ of blockchain payments startup program
15.5.2024
The program has added five startups and will trial various payment technologies ranging from blockchain to Web3
Americký startup cvičí houby, aby se živily odpadky a vytvářely opětovně použitelné suroviny
15.5.2024
Staré pneumatiky a stavební odpad často končí na skládkách bez jakéhokoli dalšího užitku. Tuto skutečnost chce změnit americký startup Mycocycle, který k recyklaci využívá houby. Zakladatelka a generální ředitelka Joanne Rodriguez řekla magazínu TechCrunch: „Vycvičíme houby, aby se živily odpadky a
South African Fintech Startup Leseka Tech Signs Deal to Buy Payments Provider for $86M
12.5.2024
Lesaka Technologies, a fintech startup based in South Africa, recently signed a deal to acquire Adumo, a payment solutions provider, for nearly $86 million. Under the terms of the agreement, Lesaka Technologies will pay Adumo $12.5 million in cash. The funds will be sourced both internally and from...
Binance Slapped With $4.3 Million Fine By Canada’s FINTRAC
9.5.2024
Crypto exchange Binance is facing a $4.3 million USD fine by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) for violating terrorist financing and money laundering laws, the Canadian regulator announced Thursday. News of the fine comes just over a week after former...
SEC Argues for Injunctions in Final Response of Ripple XRP Case
8.5.2024
The SEC challenged Ripple’s assertion that the blockchain startup acted without recklessness and that there should be no “widespread uncertainty” about XRP’s legal status, despite the court previously rejecting this “fair notice” defense.
The post SEC Argues for Injunctions in Final Response...
Thiel-Backed Cryptography Startup Lagrange Raises $13M
8.5.2024
Lagrange, which specializes in zero-knowledge cryptography, is the latest startup to ride EigenLayer's "restaking" wave