CBI governor compared unbacked crypto to a ponzi scheme
Gabriel Makhlouf, the Governor of the Central Bank of Ireland, has compared ‘unbacked’ cryptocurrencies to ponzi schemes.
Staking service provider P2P.org raises $23m
P2P.org, a staking service provider, has secured $23m in a funding round to support the development of a new infrastructure platform for intermediaries.
Bitcoin firm Unchained locks in $60m from Series B
Unchained, a financial services firm offering loans for bitcoin holders, has secured $60m in a Series B led by Valor Equity Partners.
Crypto crime fighting startup CAT Labs bags $4.3m
CAT Labs, a startup building forensic and cybersecurity tools to fight crypto-enabled crime, has bagged $4.3m in its pre-seed round.
Xclaim raises $7m for crypto trading platform for assets locked by bankruptcy
Xclaim, which claims to be the only independent trading platform for crypto assets locked by bankruptcy, has reportedly raised $7m in its Series A.
Bank of England begins building out its CBDC team
The Bank of England (BofE) has begun hiring workers to develop its digital currency, according to FinTech publication PYMNTS.
Crypto-native infrastructure platform Conduit bags $7m
Conduit, a remote crypto-native infrastructure platform designed to support and accelerate the builders in crypto, has landed $7m.
Crypto-native algo trading firm Auros rakes in $17m
Auros, a crypto-native algorithmic trading and market making firm, has landed $17m in a funding round headed by Vivienne Court.
Turkey-based Metatime nets $11m
Turkey-based Metatime, a crypto exchange, has reportedly raised $11m in its seed funding round.
UK’s FCA takes action against crypto ATMs in London
The UK’s Financial Conduct Authority (FCA) has made another move to crackdown on crypto ATMs by inspecting several sites in East London.
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