Aura Network bags $4m to expand Web3 ecosystem
Aura Network, a company claiming to be building the internet of NFTs, has raised $4m in a round led by investors Hashed and Coin98.
The value of bitcoin used on the darknet jumped by 65% in Q1 2020
Darknet users have increased the value of their bitcoin transactions, according to new research from Bitfury, the emerging technologies company.
FinTech unicorn Chainalysis doubles its valuation in just a few months
Chainalysis, a blockchain data platform, has closed its Series E round on $100m to bring its valuation to $4.2bn, just months after it was valued at $2bn in its Series D.
Kik shuts down its messaging app amidst a SEC cryptocurrency lawsuit
Canadian messaging app Kik is closing so that the company can focus on its cryptocurrency Kin, which is front and centre of a US Securities and Exchange Commission (SEC) lawsuit.
Total Network Services already plans second token sale after Series A one
San Diego-based blockchain business Total Network Services has closed of a Series A round of security tokens structured by city native venture Deal Box, a capital advisory and financial technology firm.
Ransomware DarkSide made $90m in ransom payments, blockchain firm finds
Blockchain analysis firm Elliptic has discovered the DarkSide ransomware variant made an estimated $90m in ransomware payments since October 2020.
Crypto juggernaut FTX set to snap up Bitvo
FTX, a big player in the crypto industry, has entered a deal to purchase Canadian cryptocurrency firm Bitvo for an undisclosed fee.
The FCA ramps up investigations into cryptocurrency companies by 74%
The top UK financial services watchdog is putting the screws on cryptocurrency companies and has increased the number of businesses under investigation by 74% in the past year.
HKMA proposes bank-like regulations on stablecoins
The Hong Kong Monetary Authority (HKMA) has called for the regulation of fiat-currency backed stablecoins similar to that of banks.
Global cryptocurrency and blockchain market to be worth $57.64bn by 2025
The global cryptocurrency and blockchain technology market is believed to be in for an impressive growth spurt in the next five years, reaching a value of $57.64bn by the end of 2025.
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