South African Firm Introduces XUS Stablecoin

Xago Technologies (Pty) Ltd, a financial technology company in South Africa, has announced the launch of Xago XUS, a  stablecoin  Stablecoin Unlike other cryptocurrencies like Bitcoin and Ethereum, st...

Leading Korean law firm to sue Do Kwon amid UST and LUNA ordeal

Following the stunning collapse of TerraUSD (UST) last week, LKB & Partners, one of South Korea’s top law firms, has decided to prosecute Terraform Labs founder and CEO Do Kwon. Korean media relea...

Kevin Lin’s Web3 firm Metatheory raises $24M in an a16z-led funding round

Metatheory, a web3 interactive media firm founded by Twitch co-founder Kevin Lin, has secured $24 million in a Series A funding round. A press release unveiled this news earlier today, noting that And...

Ethereum analytics firm Nansen acquires DeFi tracker Ape Board

Major Ethereum blockchain analytics platform Nansen continues scaling its operations by acquiring a cross-chain decentralized finance (DeFi) tracker. Nansen has acquired the multi-chain portfolio trac...

Alan Howard’s Crypto Firm secures $70M in a Funding Round

Barclays & Goldman Sachs have invested in Alan Howard’s cryptocurrency trading platform Elwood Technologies currently provides institutional investors with crypto portfolio management services The...

Smart Contracts Security Firm Certora Pulls $36m in Series B Funding

Certora, a security tech startup that helps Decentralized Finance (DeFi) based smart contracts identify bugs in their codes before they are deployed has raised the sum of $36 million from investors. A...

Crypto Adoption In Dubai: Law Firm And School To Kick Off With Crypto Payments

Dubai-based law firm plans on accepting payments in digital assets comprising BTC, ETH, and USDT.  The world is moving towards digital solutions to keep up with the advanced developments, highlights t...

Twitch co-founder raises funds for blockchain gaming firm

Web3 vice and amusement company Metatheory based by Twitch co-founder Kevin architect has raised $24 million in an exceedingly Series A funding spherical on Monday. The round was rectified by crypto c...

Blockchain Investment Firm Fortis Digital Raising $100M Fund

The firm was founded by the managing partners of Fortis Financial Group, a Seattle-based registered investment adviser with about $250 million in assets under management. The Fortis Digital team inclu...

Banking Giants Barclays and Goldman Sachs Back $500,000,000 Crypto Tech Firm

Financial behemoths Barclays and Goldman Sachs are investing in Elwood Technologies, a crypto infrastructure and market data platform founded by billionaire Alan Howard. In a new press release, the cr...

Twitch co-founder raises $24M for Web3 gaming firm Metatheory

Web3 gaming and entertainment company Metatheory founded by Twitch co-founder Kevin Lin has raised $24 million in a Series A funding round on Monday. The round was led by crypto capital venture firm A...

Billionaire Cheng Family’s New World Buys China Logistics Assets, Sells Aircraft Leasing Firm

The ATL Logistics Centre in Kwai Chung, Hong Kong is jointly owned by NWS and Goodman Group. Courtesy of NWS Holdings NWS Holdings—a unit of New World Development that’s controlled by billionaire Henr...

Dubai-based law firm, school to start accepting crypto payments

Ashish Mehta & Associates, Solicitors and Legal Consultants, a Dubai-based law firm, has announced plans to start accepting crypto for payments. Through this integration, the law firm’s clients wi...

CEO of $7,000,000,000 Hedge Fund Says Firm Hasn’t Sold Any Crypto Positions During Market Collapse

The founder and CEO of SkyBridge Capital says that the global investment firm is holding on to its crypto positions despite the dramatic downturn of the markets. In a new interview on CNBC, Anthony Sc...

Crypto Firm Elwood Technologies Raises $70M in Series A Round

Global fintech crypto company Elwood Technologies raised a $70 million Series A round co-led by Goldman Sachs and Dawn Capital. The company is valued at up to $500 million after the financing, accordi...

 Crypto VC firm Paradigm communications chief Jim Prosser to step down next month

Jim Prosser, head of communications at crypto venture capital firm Paradigm, said early this morning via Twitter that he would be leaving the company after working there for about a year. “Personal ne...

Dollar Firm as Traders Mull Scope for Stock Bounce: Markets Wrap

(Bloomberg) — The dollar was firm Monday while equity futures pointed to the possibility of stock market gains in Asia following a bounce in US shares. Most Read from Bloomberg Contracts rose fo...

AXS dips to lows of $20.75 as a firm bearish momentum builds

Axie Infinity price analysis for today shows the token opened the daily trading session at $21.97 and reached a high of $22.06. However, the bulls were not able to sustain the momentum and prices star...

Crypto Custody Firm Fireblocks Integrates with the DigitalBits Blockchain

Crypto custody firm Fireblocks has launched a new integration with the DigitalBits blockchain, providing users with secure access to products and services built on the DigitalBits blockchain, such as ...

Barclays downgrades Beyond Meat by 69% as firm misses earnings

After the market had closed on May 11, Beyond Meat, Inc. (NASDAQ: BYND) disclosed its most recent earnings report. On the following day, May 12, the company’s shares dropped by 24.34 percent during th...

Bitcoin mining firm Hive Blockchain announces 5-to-1 share consolidation plan

Bitcoin miner Hive Blockchain has announced plans for a 5-to-1 share consolidation that would materialize around May 20. The Canada-based company justified the move as a way to “add shareholder ...

Banking Giants Citi, BNY Mellon and Wells Fargo Lead $105,000,000 Raise for Crypto Infrastructure Firm

The latest major funding round for crypto trading infrastructure firm Talos is raising $105 million from investors including banking giants Citi, BNY Mellon and Wells Fargo. In a new press release, th...

Green Bay Fintech Firm Sequoir Developing Crypto Technology to Fill ‘Capability Gap’ for Banks

Sequoir, a Green Bay-based fintech company, announced on Wednesday that it is developing an offering that will enable community banks to hold cryptocurrencies and execute such trading. Justin Seidl, t...

Chelsea FC Inks £20M Sponsorship Deal with Crypto Firm WhaleFin

Chelsea Football Club is the latest in sports to onboard a cryptocurrency sponsor. The London-based club has inked a £20 million shirt-sleeve sponsorship deal with WhaleFin, a platform for trading and...

Indie Russian news firm raises $250K in crypto after sanctions cripple finances

A Russian independent news company has raised more than $250,000 in cryptocurrency donations from supporters in order to continue reporting independent news under a barrage of Russian government propa...

Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets Accelerates – Finance Bitcoin News

Several major financial services firms, including Citi, Wells Fargo, and BNY Mellon, are investing in institutional digital asset technology provider Talos, which aims to remove “the barriers to wide-...

Crypto Analytics Firm Chainalysis Raises $170M at $8.6B Valuation

Chainalysis, one of the world’s largest crypto and blockchain intelligence firms, has reportedly raised $170 million in a Series F funding round led by GIC, a Singapore-based sovereign wealth fu...

Elrond Network Integrates with Cybersecurity Firm AnChain.AI, Enhancing Compliance And Fraud Prevention

Elrond Network announced that it has completed an integration with cybersecurity firm AnChain.AI, improving compliance and enhancing fraud detection capabilities across Elrond’s product portfolio. The...

Katie Haun’s VC Firm Leads $11M Round for Web 3 Community Platform Highlight

With a few clicks, creators can customize the visual appearance of their community, deploy their own smart contracts on the Polygon blockchain, design and mint NFTs and then sell or distribute the tok...

Citi, Wells Fargo, BNY Mellon Invest $105 in Crypto Infrastructure Firm Talos

Talos’s valuation has reached $1.25 billion after the latest $105 million Series B funding round led by global growth equity firm General Atlantic. Other Investors include Stripes, BNY Mellon, Citi, W...

$1,270,000,000 in Bitcoin Moved to Crypto Exchanges As BTC Struggles Above $30,000: Analytics Firm

Analytics firm Santiment says leading digital asset Bitcoin (BTC) is being moved onto exchange platforms at a rapid rate amid a sharp crypto market downturn. Santiment notes a net sum of about 40,620 ...

Citi, Wells Fargo join $105 million round for crypto trading infra firm Talos

Talos, a crypto trading infrastructure firm that provides tooling for institutional investors across the trade lifecycle, has raised $105 million in a Series B round as it plans global expansion. Grow...