Block.one backs new cryptocurrency exchange subsidiary with $10bn influx
US blockchain software company Block.one has invested $10bn into its new cryptocurrency exchange subsidiary Bullish Global.
Andreessen Horowitz leads $12m investment in Ethereum data startup Nansen
Nansen, a DeFi-native crypto tracer, has raised $12m in a Series A funding round led by Andreessen Horowitz (a16z).
Crypto firm Cobo scores $40m Series B to develop DeFi platform
Singaporean FinTech firm Cobo has raised $40m from a Series B funding round to develop what it claims is the first ever DeFi-as-a-service platform.
2021 a record year for cryptocurrency apps with 560% year-on-year growth
Research by app analytics and marketing platform App Radar has found 2021 was a red-letter year for cryptocurrency app downloads, with 82.9m made on Google Play alone.
Crypto firms to be required to register with FCA under new law
A range of cryptocurrency businesses could be forced to leave the UK market if they fail to register with the Financial Conduct Authority by Thursday this week.
North Korean hackers blamed for $100m heist
North Korean hacking group Lazarus is supposedly the prime suspect in a $100m hack of a cross-chain cryptocurrency bridge called Horizon Bridge.
ECB: digital euro will not be available until 2026 at least
The European Central Bank (ECB) has said EU citizens are unlikely to see a digital euro until 2026 at the earliest as the bank considers further design and distribution considerations.
Membrane Finance nets €2m in seed financing
Finnish FinTech Membrane Finance, a company building a European alternative to the USD stablecoin, has secured its e-money licence and raised €2m.
Digital pound could launch in the next decade, UK Treasury claims
A recent consultation by the UK Treasury has revealed that plans for a digital UK currency are being considered and could be realised within a decade.
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.
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