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Investment Firm Proof Group Eyes Revival of Bankrupt Crypto Exchange FTX


Source: AdobeStock / Rafael Henrique Proof Group is one of three bidders eyeing a potential acquisition of the fallen crypto exchange FTX according to multiple sources familiar with the matter. The investment firm is already familiar with the crypto sector. As part of the Fahrenheit Consortium,...

Euro Stablecoin Startup StablR Secures €3.3 Million in Seed Funding


Source: IQoncept / Adobe StablR, a euro stablecoin startup that began operating just over a year ago, has successfully raised €3.3 million ($3.5 million) in a seed funding round. The investment comes from a consortium of backers, including crypto derivatives exchange Deribit and venture firms Maven...

Custodia Bank Launches Bitcoin Custody Service for Businesses


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...

Telegram Wallet Focuses on Seamless Onboarding, Opts for Custodial Approach


Telegram logo. Source: Adobe / tashatuvango Telegram’s integrated crypto wallet bot, Wallet, has opted for custody over self-custody to facilitate a smoother onboarding process for new crypto users, according to Wallet chief operating officer Halil Mirakhmed. “If you want to introduce as many...

Senator Ted Cruz Now Accepts Campaign Donations in Bitcoin


Image Source: Pixabay Senator Ted Cruz (R-TX) has revealed his decision to accept Bitcoin ( BTC) as part of his campaign fundraising efforts. “I am bullish on bitcoin, and I’m proud to accept bitcoin campaign donations,” he said in a recent interview with Forbes. Cruz’s...

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