UK digital asset protection provider Coincover lands $30m
Coincover, a Cardiff-based digital asset protection provider, has scored $30m in a funding round headed by Foundation Capital.
Senior US officials call on Congress to step up crypto regulation efforts
Four senior US officials in the White House have called on the US Congress to ‘step up its efforts’ in regulating the cryptocurrency market.
Bitcoin infrastructure firm Blockstream secures $125m
Despite the cryptocurrency market’s current troubles, bitcoin infrastructure firm Blockstream has raised $125m in a convertible note and secured loan financing.
Bitzlato founder charged with illicit money transmitting
Anatoly Legkodymov, founder and majority owner of cryptocurrency exchange Bitzlato, has been charged for alleged illicit money transmitting.
Federal prosecutors seize nearly $700m in assets from FTX founder
Federal prosecutors have reportedly seized around $700m in assets from FTX founder Sam Bankman-Fried, as part of an ongoing court case.
Crypto broker Genesis Global Holdco files for bankruptcy protection
Genesis Global Holdco (GGH), the parent company of struggling crypto brokerage Genesis, has filed for bankruptcy protection.
Turbulent year for crypto as illicit activity reaches new high
Illicit activity in the cryptocurrency reached an all-time high of $20.1bn in 2022, up from $18bn the previous year.
Huobi introduces crypto-to-fiat debit card
Huobi Global, a virtual asset exchange, has partnered with Solaris to deliver a crypto-to-fiat debit card that will help Huobi users to spend digital assets at point-of-sale.
Genesis owes over $3bn in debt, as DCG seeks funding – report
Cryptocurrency brokerage Genesis reportedly owes creditors over $3bn, which is prompting its owner, Digital Currency Group (DCG), to sell assets in its venture portfolio to raise money.
Jumbo bags $3.5m funding
Jumbo, a provider of a decentralised exchange built on the NEAR Protocol, has picked up $3.5m in funding.
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