Nexo hires Citibank to advise on acquisitions during market turmoil
“We’re in this together” — Crypto lending platform Nexo has appointed Citibank to advise on acquisitions from struggling crypto firms. Go to Source Powered by WPeMatico
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NFT, DeFi and crypto hacks abound — Here’s how to double up on wallet security
Falling prey to a fraudulent link can be devastating to one’s personal investment portfolio. Here are three ways a hard wallet can protect you. Go to Source Powered by WPeMatico
Institutions are exploring the space — KPMG Canada crypto team
Kareem Sadek and Kunal Bhasin said the team had seen “a lot of momentum” around the tokenization of assets but was also considering the potential growth of NFTs and the Metaverse. Go to Source Powered by WPeMatico
Chainalysis launches reporting service for businesses targeted in crypto-related cyberattacks
The firm said it was starting a ‘Crypto Incident Response’ hotline to “help bring bad actors to justice and demonstrate that crypto is not the asset class of anonymity and crime.” Go to Source Powered by WPeMatico
Shopify unveils tokengated commerce as part of new connect-to-consumer experience
Select merchant partners will be able to rollout exclusive goods for NFT tokenholders. Go to Source Powered by WPeMatico
Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services
Tencent’s Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurrencies have also been targeted by the new rule. Popular Chinese App to Impose Restrictions on NFT Trading Wechat, the instant messaging, social media, and mobile payment app developed … Read more
Binance-owned Trust Wallet adds buy option via Binance Connect
Binance’s self-custodial crypto wallet Trust Wallet now allows buying more than 200 digital assets with 40 fiat currencies via Binance Connect, formerly known as Bifinity. Go to Source Powered by WPeMatico
Crypto brokerage FalconX raises $150M at $8B valuation
FalconX is the latest cryptocurrency firm to secure millions of dollars in fresh funding despite the cryptocurrency markets experiencing a major decline. Go to Source Powered by WPeMatico
Roxe Holding in talks for listing on Nasdaq via $3.6B SPAC deal
The firm has entered an agreement with special purpose acquisition company Goldenstone Acquisition Ltd, through which it will pursue the listing. Go to Source Powered by WPeMatico
Ukraine Raises Over $100,000 From Cryptopunk NFT Sale
The government of Ukraine has sold a Cryptopunk NFT donated in support of the war-torn country a few months ago. The token has been purchased by an unidentified buyer who spent more than $100,000 in ethereum for the collectible, the country’s digital transformation ministry said. Ukraine Government Sells Donated Cryptopunk Token for 90 ETH Ukrainian … Read more