Cleartoken Secures $10M in Funding to Pioneer UK’s First Digital Asset Clearing House

Cleartoken Secures $10M in Funding to Pioneer UK's First Digital Asset Clearing HouseOn Monday, the crypto clearing house startup Cleartoken revealed that it raised $10 million from strategic investors including Nomura’s Laser Digital, Flow Traders, and LMAX Digital. Cleartoken Nets $10M to Launch U.K. Digital Asset Clearing Services The horizontal clearing house for the digital asset market, Cleartoken, revealed that it’s raised $10 million in order to […]

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$14M Capital Infusion Catapults Ethena Labs’ Valuation; Stablecoin Ranks 9th Largest

$14M Capital Infusion Catapults Ethena Labs' Valuation; Stablecoin Ranks 9th LargestOn Friday, Ethena Labs, the creators of the stablecoin USDE, secured $14 million in funding from key investors. Following this recent influx of funds and a previous $6.5 million investment from Maelstrom, overseen by Arthur Hayes, in July 2023, the company’s post-valuation has risen to $300 million. USDE Issuer Ethena Labs Raises $14M Ethena Labs, […]

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Ukraine Raises More Crypto Than Russia in Year of War, Analysis Unveils

Ukraine Raises More Crypto Than Russia in Year of War, Analysis UnveilsThe two sides in the bitter conflict in Ukraine have been relying on crypto assets and technology to support their military and humanitarian activities, Elliptic says in a report. According to the blockchain forensics company, the targeted nation has attracted more digital asset donations than the invading power. Ukraine Supporters Sent Over $212 Million in […]

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Former FTX Executive Accused of Fueling a Charity Through Discounted FTT Purchase

A former executive of FTX allegedly earned profits for a charity by purchasing discounted FTX tokens, FTT, before they became available to the public at $0.05 per unit, according to a report citing anonymous sources. Ruairi Donnelly, the former chief of staff at FTX, has been accused of donating the tokens to Polaris Ventures, a […]

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Crypto Exchanges Must Comply With Russia Sanctions, Singapore Central Bank Says

Crypto Exchanges Must Comply With Russia Sanctions, Singapore Central Bank SaysThe Monetary Authority of Singapore (MAS) has reiterated that cryptocurrency exchanges need to conform to restrictions on Russian users imposed over Moscow’s invasion of Ukraine. The reminder comes after researchers established that pro-Russia activists have raised millions of dollars in digital assets to support its war effort. Singapore Says Measures Targeting Russia Apply to All […]

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