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BitGo raised by far the most capital this week, though it didn’t reveal who put up the money

Crypto Funding: $158M week for layer-1 blockchains and a metaverse creator

Nine crypto companies raised a collective $158 million in fresh funding this week, with ZetaChain being a top performer among them. The blockchain developer put $27 million on th...

1 year ago

This is the second major crypto mining facility that popped up in Oman after the one in November 2022.

Oman Introduces a Crypto Mining Center Valued at $350 Million

Oman’s Ministry of Transport, Communications, and Information Technology (MTCIT) has reportedly opened a new data hosting and cryptocurrency mining center in the Salalah Free Zone. The fac...

1 year ago

FTX Lenders Seek UCC Intervention Amid Dissatisfaction Over Proposed Resolution.

FTX CEO Seeks Settlement for $175M Dispute with Genesis

A cryptocurrency exchange FTX, CEO, John J. Ray III, filed a motion to resolve a $175 million dispute with Genesis, marking a substantial reduction from their initial $4B claim. ...

1 year ago

Police in Singapore said it seized 11 documents with information on cryptocurrency assets, but it’s unclear how much worth of crypto was involved.

Singapore busts $735 million alleged money laundering case involving crypto

Singaporean police Tuesday arrested 10 foreign nationals on suspicion of money laundering and seized assets worth about S$1 billion ($735 million) including cryptocurrencies, the police said.

1 year ago

Ledger users can now buy crypto through the Ledger Live App using PayPal, with direct storage to their hardware wallet.

Ledger Adds PayPal as On-Ramp for Bitcoin, Ethereum Purchases

Hardware crypto wallet provider Ledger is launching a new on-ramp solution with PayPal. Owners of a Ledger Wallet can now use their PayPal accounts to acquire cryptocurrencies like&nbs...

1 year ago

Asia is emerging as a place for clearer crypto regulation, with Singapore and Hong Kong taking the lead.

Asia promotes crypto clarity amid regulatory uncertainty in the U.S.

Asia is promoting crypto clarity amid regulatory uncertainty in the U.S., and this could make the region more attractive to investors, according to industry observers. “Cryptocur...

1 year ago

Crypto long trader account

Crypto Long Trades Account for 90% of Total Liquidations as Bitcoin, Ether Slump

Bitcoin (BTC) and ether (ETH) futures traders took on some of the largest losses in over a month as prices moved under support levels in the past two days - breaking down from a period of stagna...

1 year ago

The crypto mining industry is getting a dedicated lobby group aimed at opening up discussions with lawmakers in Washington.

Crypto mining lobby group to dispel misconceptions in Washington DC: Founder

The United States crypto mining industry is getting a new lobbying group, with one of its biggest goals to dispel misconceptions about its sustainability from policymakers. Launc...

1 year ago

Singapore’s financial regulator on Tuesday said it had finalized rules for a type of digital currency called stablecoin.

TECH Singapore among world’s first to agree to stablecoin crypto regulation

Singapore’s financial regulator on Tuesday said it had finalized rules for a type of digital currency called stablecoin, putting it among the first jurisdictions globally to do so. ...

1 year ago

The service was rolled out in March last year, in an effort to make traditional financial companies “crypto-ready.”

Binance to Shut Down Crypto Payments Service Amid Refocus On Core Products

Crypto exchange Binance to shut down its buy-and-sell service Binance Connect, formerly known as Bifinity, just one year after its launch, the company said in a statement. The ser...

1 year ago