Cormint bags $30m and 400 BTC to scale Bitcoin mining in West Texas

Cormint bags $30m and 400 BTC to scale Bitcoin mining in West Texas

Cormint bags $30m and 400 BTC to scale Bitcoin mining in West Texas
River

Bitcoin tech firm River snags $35m Series B

River, a Bitcoin technology and financial services startup, has successfully raised $35m in a Series B funding round.
governor

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.
Webb

Webb Protocol rakes in $7m in seed funding

Webb Protocol, a privacy system for cross-blockchain asset transfers, has raised $7m in a funding round co-led by Polychain and Lemniscap.
Tangem Raises $7m in Investment Round Led by Shima Capital

Tangem raises $7m in investment round led by Shima Capital

Tangem, a Switzerland-based FinTech company, has successfully closed an investment round worth $7 million. Shima Capital led the investment, with participation from other investors.
Entendre

Web3 accounting and bookkeeping firm Entendre lands $4m

Entendre, the first fully automated accounting and bookkeeping solution for Web3 companies, has bagged $4m in seed funding.
MiCA

EU Parliament approves MICA legislation in landmark vote

EU lawmakers voted 517-38 in favour of the MiCA legislation, making in the first crypto law to be introduced by a major jurisdiction.
Helio

Web3 payments firm Helio snares $3.3m in seed round

Helio, a company focused on simplifying the integration of blockchain-native payments, has raised $3.3m in a seed funding round.
CBDC

Digital Currency Monetary Authority unveils its CBDC

The DCMA has launched its CBDC which it claims it strengthens the monetary sovereignty of participating central banks.
CAT

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.

News Stories

Weekly FinTech funding falters after strong week

Weekly FinTech funding falters after strong week

Total funding took a nose dive from last week. A total of $580m was raised across 33 FinTech funding rounds this week, compared to the $1.8bn raised the previous week.  
Chinese

Microsoft uncovers Chinese cyberespionage on US Pacific territory

A Chinese cyberespionage initiative has been detected that focuses on the essential infrastructure within Guam by Microsoft. 
regulator

Regulatory oversight in the crypto realm: A deep dive into communication practices

As crypto firms face a challenges, regulators have launched investigations into companies' GRC arrangements.
Klarna's path to profitability: Stellar Q1 results and a new partnership with Airbnb

Klarna’s path to profitability: Stellar Q1 results and a new partnership with Airbnb

Klarna, the AI-enhanced global payments network and shopping service, recently unveiled its first-quarter results, showcasing impressive growth surpassing ecommerce trends.
Driving growth in WealthTech: The critical role of adaptive IT architecture

Driving growth in WealthTech: The critical role of adaptive IT architecture

The WealthTech landscape is undergoing constant transformation. A significant driver of this change is the influx of younger customers due to the great wealth...

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