FTX Launches $2 Billion Venture Capital Fund Focused on Bolstering Blockchain, Web3 Adoption

The cryptocurrency firm FTX has announced the launch of a $2 billion venture capital fund called FTX Ventures. The fund’s focus will be on advancing blockchain and Web3 technology alongside investments in “social, gaming, fintech, software, and healthcare.” FTX Reveals $2 Billion Venture Capital Fund, Hires Lightspeed Partner Amy Wu FTX Trading Limited has announced … Read more

Swiss National Bank Trials CBDC in Transactions With Five Banks

The Swiss National Bank has successfully employed a wholesale CBDC to settle transactions with five commercial banks, the monetary authority announced. The tests are part of an experiment carried out together with the Bank for International Settlements and Switzerland’s financial services provider SIX. Swiss Central Bank Tests Integration of Wholesale CBDC Settlement With Private Banks … Read more

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

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 … Read more

Bitcoin ETF Launch Hype Fades as Funds Slip in Value, BTC Futures Open Interest Down 38% in 2 Months

Following the charged-up debut of the Proshares bitcoin exchange-traded fund (ETF), Valkyrie’s bitcoin futures ETF and the Vaneck bitcoin strategy ETF, interest in these types of funds seems to have faded a great deal. After the Proshares bitcoin ETF BITO reached an all-time high on November 10, the ETF is down 39% over the last … Read more

Russia’s National Finance Association Calls for Legalization of Crypto Investments

The main finance industry association of Russia has urged authorities to reconsider a position against crypto investments in the nation’s financial market strategy. The organization insists that the crypto investments of Russians should be brought out of the “gray zone” instead of being banned. Finance Industry Body Urges Government to Regulate Operations With Crypto Assets … Read more

Argentina-Based Mobile Wallet App Belo Adds Lightning Network Support via Opennode

On Monday, January 10, the Argentina-based mobile wallet company Belo announced that the platform has added support for the Lightning Network by partnering with the bitcoin payment processor and infrastructure provider Opennode. The mobile application allows users to trade and transact in pesos and now users can transact with bitcoin payments going forward. Belo Partners … Read more

Bividend: Nasdaq-Listed Company to Pay Dividends in Bitcoin at the Option of Shareholders

A Nasdaq-listed company has announced that shareholders can receive dividends in bitcoin. The company claims to be the first one to pay dividends in the cryptocurrency. ‘First-Ever Dividend Payable in Bitcoin by a Nasdaq-Listed Company’ Blockchain company BTCS Inc. (Nasdaq: BTCS) announced Wednesday “the first-ever dividend payable in bitcoin by a Nasdaq-listed company.” BTCS refers … Read more

NFT Analytics Platform Cryptoslam Raises $9M From Animoca Brands, Mark Cuban, Sound Ventures

On Wednesday, the non-fungible token (NFT) data and analytics platform Cryptoslam raised $9 million in a capital funding round led by Animoca Brands. Cryptoslam detailed that Mark Cuban participated in the financing and Ashton Kutcher’s and Guy Oseary’s Sound Ventures joined in as well. Cryptoslam Reveals $9 Million Capital Raise, Animoca Brands Leads Investment Non-fungible … Read more

Moneygram Invests in Crypto ATM Operator — CEO Bullish on Opportunities Crypto Offers

Moneygram has completed an investment in cryptocurrency ATM operator Coinme. “At Moneygram, we continue to be bullish on the vast opportunities that exist in the ever-growing world of cryptocurrency,” said the CEO. Moneygram Invests in Crypto Company Coinme Moneygram International Inc. (NASDAQ: MGI) announced Wednesday that the company “has completed a strategic minority investment in … Read more

Leading NFT Marketplace Opensea Raises $300 Million, Firm’s Post-Money Valuation Taps $13.3 Billion

Leading non-fungible token (NFT) marketplace Opensea announced the firm has raised $300 million in a Series C funding round led by Paradigm and Coatue. Opensea’s latest capital raise has propelled the company to a $13.3 billion post-money valuation. Opensea Raises $300 Million, Commands Post-Money Valuation of $13.3 Billion In mid-November, a report authored by theinformation.com’s … Read more

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