Saturday, October 23, 2021

FTX Raises $420,690,000

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FTX has memed itself into another massive funding round.Sam Bankman-Fried’s Bahamas-based crypto exchange said Wednesday it had raised $420,690,000 in a Series B-1 funding round. Sixty-nine investors – including BlackRock...

India’s Securities Regulator Warns Advisers Against Dealing in Unregulated Assets

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The Securities and Exchange Board of India (SEBI), the country’s top securities regulator, issued a notice to advisers on Thursday warning them not to deal in assets that are not...

That Tungsten Company is Auctioning Its Largest-Ever Cube as an NFT

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A key manufacturer feeding crypto’s twitter’s tungsten craze is auctioning off an NFT tied to the largest tungsten cube it’s ever made.The NFT’s title says it all: “The Tungsten Cube...

‘Bridge Szn’ Continues With $2M Raise for Stablecoin Connector Symbiosis

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With the future of decentralized finance (DeFi) increasingly appearing to be multi-chain, the need to shuttle assets between blockchain networks has never been higher.The bridge market, however, is largely dominated...

Traders Are ‘Apeing’ Into a Sam Altman Crypto Lookalike, Driving Prices 68% in 24...

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Cryptocurrency traders are inadvertently pumping the price of a little-known altcoin they believe belongs to a project conceived by Sam Altman, former president of tech startup accelerator Y Combinator.Altman, co-founder...

Pakistan High Court Grants Commission to Weigh Crypto Legality in Sindh Province

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The committee is to be chaired by a deputy governor of the State Bank of Pakistan (SBP) along with officials of Ministries Of Finance, Information Technology, Pakistan Telecommunication Authority and...

Associated Press Taps Chainlink for Elections, Sports Data

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“We will be bringing on-chain things like the GDP number, the unemployment rate, the CPI number and other bits of trusted data from AP that we will publish...

Fanatics-Owned Candy Digital Raises $100M From Insight Partners, SoftBank

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Other participants in the Series A included Connect Ventures, a partnership between entertainment and sports agency Creative Artists Agency and venture capital firm New Enterprise Associates, and Athletes Syndicate in...

FATF Will Finally Publish Crypto Anti-Money Laundering Guidance Next Week

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As well as further clarification on the definition of VASPs, the guidance explains how FATF standards apply to stablecoins, Pleyer said. He also mentioned FATF’s expectation that countries will implement...

Bitcoin Drops as Indicators Show Extreme Optimism

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The ProShares Bitcoin Strategy ETF (NYSE: BITO) had significantly higher trading volume over the past two days relative to other large exchange-traded funds (ETF). This reflected strong investor demand for...

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