Swiss Crypto Company Taurus Raises $65 Million From Credit Suisse, Other Banks

Swiss Crypto Company Taurus Raises $65 Million From Credit Suisse, Other BanksDigital asset infrastructure provider Taurus has secured millions of U.S. dollars in investment from major banking institutions. The successful funding round comes in the aftermath of negative developments in the crypto space, indicating that large players from traditional finance remain engaged with the market despite its woes. Credit Suisse, Deutsche Bank Invest in Digital Asset […]

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Pro-Russian Groups Raised $400,000 in Crypto Since Ukraine Invasion, Report Reveals

Pro-Russian Groups Raised $400,000 in Crypto Since Ukraine Invasion, Report RevealsGroups supporting Russia’s war effort in Ukraine have been actively collecting cryptocurrency to fund paramilitary operations and evade sanctions, researchers say. According to a new report, these organizations use Telegram to raise money then used to pay for equipment and training. Paramilitary Groups Employ Cryptocurrency to Fund Russian Operations in Ukraine Pro-Russian groups have reportedly […]

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Bitcoin Suisse Sells 20% Stake to Raise $47 Million: Crypto Valley Broker Aims To Expand Into Banking

Bitcoin Suisse Sells 20% Stake to Raise $47 Million: Crypto Valley Broker Aims To Expand Into BankingCrypto valley firm Bitcoin Suisse has announced plans to sell a 20% stake in the company. The sale is expected to raise 46 million Swiss francs ($47.38 million). Bitcoin Suisse said it intends to use the money to expand its portfolio to banking services in Switzerland and Liechtenstein, according to local media reports. The firm’s […]

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Decentralized Finance Startup Focused on Bitcoin Cash Raises $1 Million for Expansion

Decentralized Finance Startup Focused on Bitcoin Cash Raises $1 Million for ExpansionOn May 7, the decentralized finance (defi) startup General Protocols revealed the team has raised over $1 million from investors. The creators of General Protocols have introduced innovative projects on the Bitcoin Cash network such as Anyhedge, and have also participated in helping forward the Bitcoin Cash Node (BCHN) project and Flipstarter.cash. The BCH community […]

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Large Regulated Token Sales Indicate ICOs May Be Coming Back

Large Regulated Token Sales Indicate ICOs May Be Coming BackInitial coin offerings have seen a significant decline in popularity, but they are not to be written off completely. Although you don’t hear the term “ICO” so often nowadays, some recent regulatory developments indicate they have a place in the digital economy realm. Crowdfunding through token sales has a chance of becoming a mainstream instrument […]

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Crypto Company Sends Bitcoin Mining Into the Stratosphere

Crypto Mining Company Sends Bitcoin Mining Into the StratosphereA crypto mining company has sent a balloon into the stratosphere to mine bitcoin on the edge of space, reaching over 35,000 meters in altitude. The company also shared the results of its survey on what the price of bitcoin would be this year. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Space Launch […]

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