crypto company – DIGIT INFO

South Korean crypto CEO stabbed in court during Haru Invest fraud trial

DIGIT — Wed, 28 Aug 2024 11:04:08 +0000

The courtroom stabbing comes weeks after a Chinese gang robbed over $2 million worth of crypto at gunpoint in a luxury estate in Thailand.

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Ripple Aims to Expand Regulatory Reach With Standard Custody Acquisition

DIGIT — Tue, 13 Feb 2024 21:00:32 +0000

In a strategic move to bolster its regulatory credentials, Ripple has announced its plan to acquire Standard Custody & Trust Company. This acquisition, pending regulatory approval, is set to enhance Ripple’s portfolio of digital asset solutions and regulatory licenses, marking a significant step in the company’s expansion. Ripple Plans to Acquire Standard Custody & Trust […]

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Crypto custodian Prime Trust files for Chapter 11 bankruptcy

DIGIT — Tue, 15 Aug 2023 01:55:49 +0000

The crypto custodian’s bankruptcy comes as it’s been unable to honor customer withdrawals for months.

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Despite Using Euro, Montenegro to Develop Own Digital Currency With Ripple

DIGIT — Thu, 13 Apr 2023 12:00:05 +0000

Montenegro intends to create and issue its own digital currency with help from U.S.-based crypto company Ripple. The Southeast European nation, which adopted the euro unilaterally, is moving to realize the plan despite the eurozone developing a digital version of the common currency. Monetary Authority of Montenegro to Cooperate With Ripple on ‘National Stablecoin’ Project […]

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FTX ex-staffer: Extravagant expenditures and cult-like worshipping of SBF

DIGIT — Thu, 15 Dec 2022 03:22:35 +0000

A former FTX employee has revealed details regarding the lavish expenditures of the exchange as well as its intense company culture.

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Formula One Team Haas F1 to Mint Branded NFTs With Opensea

DIGIT — Fri, 04 Nov 2022 20:30:00 +0000

U.S.-licensed Formula One constructor Haas F1 Team has announced a collaboration with non-fungible token (NFT) marketplace Opensea. As part of the agreement, a collection of NFTs will be produced for Haas while Opensea’s logo will appear on its cars. Opensea to Help American Formula One Team Launch NFT Collection Leading peer-to-peer marketplace for non-fungible tokens […]

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Crypto Exchange Coinbase Slows Hiring Amid Market Downturn

DIGIT — Thu, 19 May 2022 08:30:56 +0000

Leading U.S. crypto exchange Coinbase is slowing hiring, citing the current down cycle in the market as a reason to rethink its staffing strategy. The company’s management believes the move will allow the trading platform to match its hiring needs with its business goals. Coinbase to Reassess Headcount Needs, Focus on Integrating Recent Hires Cryptocurrency […]

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FTX Raises $400 Million in Series C Fundraise, Firm Reaches $32 Billion Valuation

DIGIT — Mon, 31 Jan 2022 21:30:04 +0000

Following the company’s subsidiary FTX US raising funds in its first Series A financing round, parent company FTX Trading Ltd. has announced it has secured $400 million in a Series C fundraise. The crypto company’s latest financing round brings the firm’s post-money valuation to $32 billion. FTX Series C Fundraise Brings Firm’s Valuation to $32 […]

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Russia’s Tinkoff Bank Enters Crypto Space Through Swiss Company Acquisition

DIGIT — Fri, 14 Jan 2022 09:30:21 +0000

The Russian neobank Tinkoff is joining the world of cryptocurrencies with the purchase of a stake in Aximetria, a Swiss-registered and licensed company which provides clients around the world with services and solutions for digital financial assets. Tinkoff Bank Buys Stake in Aximetria TCS Group Holding, the owner of the Russian Tinkoff Bank, has reportedly […]

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Defi Marketplace and NFT Platform Arcade Raises $15 Million in Series A Funding Round

DIGIT — Thu, 23 Dec 2021 07:00:46 +0000

The decentralized finance (defi) marketplace, non-fungible token (NFT) financialization platform, and lending application Arcade has announced the company has closed a Series A investment round for $15 million. Just recently, Arcade facilitated an onchain loan of $800,000 against an NFT portfolio from a lender with over $10 billion. Arcade Raises $15 Million in Series A […]

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