Kaiko closes $53 million Series B funding round
Crypto data firm Kaiko has bagged $53 million in fresh funding even as venture capital investors tighten their purse strings.
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Accel’s fintech partner welcomes VC market slowdown after frantic year
Venture capital investment for crypto and fintech firms has been tougher to come by in recent months — and Accel partner Andrei Brasoveanu is relieved.
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Nexo threatens legal action against anonymous Twitter account
Crypto lender Nexo has issued a cease and desist letter in an effort to silence an anonymous Twitter account.
Former senior manager at Huobi accused of illicit trading: FT
A former senior manager at Huobi, the crypto exchange, faces accusations that he secretly made $5 million by trading against an account that he controlled.
Crypto exchanges hit by Cloudflare web outage
An issue with Cloudflare has brought several crypto exchanges to a halt.
Crypto bank Protego beefs up advisory board
Protego Trust Bank has appointed five Wall Street veterans to its advisory board as it gears up for a full launch this year.
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Three Arrows Capital boss breaks silence amid insolvency rumours
Zhu Su appears to have addressed concerns regarding the crypto investment firm’s rumored financial struggles.
Mastercard announces new crypto partners for its NFT payments service
Mastercard has announced plans to widen access to the NFT market through the use of card payments.
Orderly bags $20 million raise in boost for DeFi protocol
Orderly Network, a decentralized exchange protocol, has announced a $20 million fundraise led by a group of DeFi heavyweights.
Coinbase to make strategic investment in Zipmex following acquisition talks
Coinbase has agreed to invest in Southeast Asian crypto exchange Zipmex as part of its latest funding round.
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Vietnamese GameFi startup Ancient8 gets $6 million in tightening VC market
The Vietnam-based blockchain gaming guild has secured a $6 million fundraise, despite at least one prior investor backing out.
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Solana sets up $100 million fund for Korean crypto startups
Solana this morning announced a new $100 million fund for Korean web3 startups.
PayPal adds new crypto services including transfers to other wallets
Payments firm PayPal also scored a BitLicense from the state of New York.
Terra fiasco triggers bigger backstop for TRON’s stablecoin
TRON now says it has overcollateralized USDD, which began life only one month ago as an algorithmic stablecoin.
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New York Senate passes moratorium on proof-of-work mining
The New York Senate this morning passed a bill that imposes a moratorium on new proof-of-work cryptocurrency mining operations in the state.
Binance is 'reviewing all possible options' for Forbes investment after scrapped SPAC
Crypto exchange Binance may still invest in Forbes, despite reports that the media firm has cancelled plans to go public through a SPAC deal.
Crypto exchanges signal support for Terra’s ‘rebirth’
Crypto exchanges have started throwing their weight behind Do Kwon’s plan to raise Terra and its token LUNA from the ashes of a devastating collapse earlier this month.
LayerZero Labs seeks backing that would triple its valuation to $3 billion
The Vancouver-based "omnichain" developer is seeking yet more funding just a few months after its last raise.
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Hedge fund manager Alan Howard explains why he’s investing across the entire crypto ecosystem
In an exclusive interview with The Block, Howard has for the first time laid out the full extent of his crypto empire.
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Digital securities platform ADDX raises $58 million
ADDX, a Singapore-based trading platform for digital securities, announced a $58 million pre-Series B funding round this morning.
