Bitcoin

The Bank of England (BofE) has begun hiring workers to develop its digital currency, according to FinTech publication PYMNTS.

Conduit, a remote crypto-native infrastructure platform designed to support and accelerate the builders in crypto, has landed $7m.

Auros, a crypto-native algorithmic trading and market making firm, has landed $17m in a funding round headed by Vivienne Court.

Turkey-based Metatime, a crypto exchange, has reportedly raised $11m in its seed funding round.

The UK’s Financial Conduct Authority (FCA) has made another move to crackdown on crypto ATMs by inspecting several sites in East London.

Divly, a FinTech helping simplify tax declarations for the crypto market, has raised $400,000 in a new fundraise.  

Relai, a place to buy and sell bitcoin, has reportedly raised $4.5m in a funding round that will help the crypto company bolster its position in Europe.

Coinbase has purchased One River Digital Asset Management, a digital asset manager focused on providing clients exposure to digital assets through investment products.  

NeoSwap AI, an AI-powered NFT trading startup, has closed its pre-seed investment round and bagged $2m.

Dubbed the Crypto Winter, the cryptocurrency market has gone through a tough period with companies collapsing, major fines and token prices dropping. However, players in the industry are confident spring is coming.