Other Cryptocurrencies

Ledn, a lending platform for digital assets, has followed up its recent funding round with the close of its Series A on $30m.

Hong Kong-based crypto lender and asset manager Babel Finance secured $40m in funding from investors including Zoo Capital, Sequoia Capital China and Dragonfly Capital.

The government of El Salvador has passed a bill that will see Bitcoin join the US dollar as legal tender in the country.

Blockchain-powered money-transfer company Ripple has acquired Icelandic Algrim, the asset trading enterprise.

American-Senegalese singer Akon has announced that the construction of Akon City has begun and that it will resemble the fictional country Wakanda from the Marvel movie Black Panther.

Kim Kardashian has been given a $1.26m charge by the SEC for promoting a crypto asset without disclosing the pay-out she received for it.

Mexico-based crypto exchange Bitso became the first LatAm unicorn after getting a valuation of $2.2bn on its $250m Series C funding round.

Digital asset management platform Gnosis Safe has reportedly raised $100m in a funding round, alongside the rebranding to Safe.

Crypto firm FTX has won the auction for the assets of Voyager Digital, a bankrupt crypto lender, for $1.42bn.

SPIRIT Blockchain Capital, a company bridging blockchain and digital assets to capital markets, has entered into a value-added reseller partnership with BIG Blockchain Intelligence Group’s, the risk scoring and data analytics company.