Blockchain security firm CertiK raises $37M to combat DeFi and crypto risks
The Series B funding round was co-led by Coatue Management and Shunwei Capital, with participation from Coinbase Ventures. Go to Source Powered by WPeMatico
DIGIT
Crypto community divided on whether Bitcoin is an inflation hedge
Market observers expressed more concerns over the Bitcoin price drop amid a significant projected spike in inflation. Go to Source Powered by WPeMatico
Shanghai Law Enforcement Officials, Scholars Talk Cryptocurrency
Representatives of law enforcement agencies and academia in Shanghai held a seminar devoted to cryptocurrencies, regulations, and the combating of crypto-related crime. Determining “the legal attributes of virtual currency” was among the main topics at the forum which also focused on matters of financial supervision. Prosecutors and Professors Discuss Crypto Oversight in Shanghai Amid an … Read more
Brazilian securities regulator approves Ether ETF
The fund, which will trade on Brazil’s B3 stock exchange, uses custodial services provided by the Winklevoss twins’ United States-based Gemini. Go to Source Powered by WPeMatico
Visa to approve Bitcoin spending card for Australian startup CryptoSpend
Crypto debit cards continue to catch on as an Australian digital assets start-up gets approval from Visa to release a spending card down under. Go to Source Powered by WPeMatico
Rwanda-Based NGO Partners With Cardano Foundation to Launch ADA Crypto Charity Platform
Save the Children in Rwanda recently became the latest member of the NGO community to endorse cryptocurrencies after it announced the establishment of a partnership agreement with the Cardano Foundation. ADA Donations According to a statement released by parties to the project, this arrangement became possible after Cardano “installed a payment gateway that allows ADA … Read more
Judge scolds BitMEX lawsuit plaintiffs for offering him crypto ‘basics’ lessons
The judge urged the plaintiffs to “focus on the task at hand — convincing me that they have stated a plausible claim.” Go to Source Powered by WPeMatico
Bitcoin mining ban an easy decision for China, says Bitmain EMEA partner
Half of what was lost due to China’s crackdown on Bitcoin mining will not ever go back online, Phoenix Store’s CEO says. Go to Source Powered by WPeMatico
Japanese police arrest alleged masterminds behind $55M ‘AI-led‘ crypto scam
Four men have been arrested in Aichi Prefecture for allegedly running a fraudulent crypto scheme that drew in 20,000 Japanese investors and raised 6 billion yen. Go to Source Powered by WPeMatico
Cryptocurrency Trading Volumes Decreased 40% in June
Cryptocurrency trading volumes decreased significantly in June according to data from Cryptocompare, a price and volume tracking organization. Volumes traded diminished by at least 40% month-on-month, with spot and derivatives trading both suffering due to the mining and trading crackdown in China, amongst other factors. The resulting volatility seems to have made many traders lose … Read more
