UK financial watchdog issues fresh warnings on crypto risks after Kimmie K’s Insta post
UK watchdog Financial Conduct Authority (FCA) has fired a warning shot at the cryptocurrency industry, signalling it could soon come under greater regulatory scrutiny.
Blockchain startup XY Finance lands $12m funding
Taiwan-based blockchain company XY Finance has raised $12m from a funding round led by Circle Internet Financial.
Hong Kong-based Babel Finance closes Series A
Hong Kong-based Babel Finance has closed its Series A on $40m to support the development of its crypto finance platform.
Crypto, NFTs ads required to carry ‘highly risky’ disclaimer
The Advertising Standards Council of India (ASCI) has said that all ads for virtual digital assets may carry a disclaimer underlining their riskiness.
Coinpanion increases seed round to €5.5m
Coinpanion, a start-up for easy entry into the world of crypto investments, has widened its seed round from €1.8m to €5.5m.
ComplyAdvantage issues AML guide for crypto firms
ComplyAdvantage has released the Anti-Money Laundering Guide for Crypto Firms to help firms better understand the risks.
DeFi solution MoHash bags $6m in seed funding
MoHash, is a decentralised finance (DeFi) protocol that leverages crypto assets to offer global capital and liquidity, has picked up $6m for its seed funding round.
Crypto wallet Ultimate closes its Series A on $12.8m
Ultimate, which offers a crypto wallet designed for decentralised finance, has raised $12.8m in its Series A round.
Study finds $4bn illicitly laundered through DeFi exchanges
Cryptoasset risk management firm Elliptic has found that criminals have used DeFi exchanges amongst other things to launder more than $4bn in crypto.
Crypto infrastructure firm Nucleo secures $4m seed
Nucleo, a private, non-custodial, auditable multi-sig on Ethereum that provides the privacy infrastructure for crypto firms, has raised $4m in a seed round.
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