Hidden Road Seeks About $120 Million

Citadel-Backed Hidden Road Partners Targets $120M in Series B

Hidden Road Partners, Citadel Securities-backed prime brokerage, plans to raise $120 million in its Series B funding round, aiming for a market valuation of $1 billion. Accor...

4 months ago

Crypto detective ZachXBT has identified the alleged PrismaFi hacker, exposing their involvement in the $11.1 million theft and subsequent demands.

Blockchain sleuth uncovers identity of PrismaFi’s hacker, who stole $11m

Blockchain sleuth ZachXBT uncovered an alleged attacker behind the PrismaFi hack, which left the protocol without $11.1 million worth of crypto. In a series of X posts, ZachXBT revealed tha...

5 months ago

Dubai is grappling with extreme weather conditions that has disrupted the city’s infrastructure at a time when crypto elites have descended on the city for several industry conferences.

Biblical floods hit Dubai, disrupting Blockchain Life and Token2049

Crypto conferences such as Blockchain Life and Token2049 encountered an unexpected twist on Apr. 16 as rainfall levels in Dubai surged to record highs within a 24-hour span, prompting ...

5 months ago

Crypto.com’s VC Arm Scale Back

Crypto.com CEO Expresses Concern over Surging Valuations in Crypto Sector

Crypto.com CEO Kris Marszalek has raised concerns about the sustainability of the surging valuations in the cryptocurrency sector.  In a recent interview with Bloomberg, Mars...

5 months ago

NFT Trading in Decline

PayPal Says NFT Purchases No Longer Backed By Its Protection Program

Payments giant PayPal plans to remove non-fungible token (NFT) purchases from its purchase protection program from May 20. In an online announcement, PayPal said amendme...

5 months ago

Conflict Concerns Spark DOJ Review of Binance Monitor

DOJ Pulls Back from Choosing NY Law Firm for Binance Oversight, Citing FTX Connections

The Department of Justice (DOJ) is reportedly reconsidering selecting a prominent New York law firm to handle a critical assignment related to Binance, due to the firm’s prior work for riv...

5 months ago

Crypto Regulations Making Significant Strides

Reserve Bank of Fiji Says Crypto Not Recognised as Legal Tender

The central bank of the Pacific island country of Fiji has released a note to the public cautioning that cryptocurrencies and virtual assets such as Bitcoin, Ethereum, and Tether are not re...

5 months ago

More Crypto-Related Tax Violations Expected in 2024

IRS Investigation Chief Anticipates Increase in Crypto Tax Evasion Cases This Year

Guy Ficco, the Criminal Investigation Chief at Internal Revenue Service (IRS), has indicated the agency is bracing for a significant increase in cases of crypto-related tax evasion thi...

5 months ago

Bitpanda: Another “Major Milestone”

German Federal Bank Landesbank to Offer Crypto Custody Services With Bitpanda

German federal bank Landesbank Baden-Württemberg has entered a crypto partnership with Bitpanda to offer crypto-asset custody services in the second half of 2024. In an announceme...

5 months ago

“The Fabled” Joins Immutable for a Groundbreaking Gaming Launch

Octavian Studios, known for its veteran team drawn from top industry giants like EA, Ubisoft, and Bandai Namco, is gearing up to redefine gaming with its latest venture, “The Fabled”...

5 months ago