CoinRoutes lands $16m Series B
CoinRoutes, a trading platform for digital assets, has secured $16m from a Series B financing raise led by Ayon Capital.
Hong Kong’s SFC calls for regulation on NFT-based investment schemes
Hong Kong’s Securities and Futures Commission has said that some NFTs that constitute investment products will have to be regulated.
Inswitch, Binance Pay link to boost LatAm crypto payment uptake
Embedded financial technology firm Inswitch has partnered with crypto payment technology company Binance Pay to expand the latter’s offering in Latin America.
Cryptocurrency exchanges try to reaffirm faith
Cryptocurrency exchanges have been reaffirming the public of their reserves to quench customer fears, as the market reacts to FTX.
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.
Crypto lobby group calls for UK ‘white list’ to prevent market restrictions
CryptoUK has called for UK banks to be given a ‘white list’ of registered crypto firms to avoid firms in the industry getting ‘debanked’.
Cryptonative investment firm CoinFund rakes in $158m funding
CoinFund, a cryptonative investment firm, has triumphantly closed a $158m funding round for its CoinFund Seed IV Fund LP.
North Korean hack attacks fund weapons with $2bn stolen banks and cryptocurrency exchanges
The nuclear and missile programmes of Pyongyang has been funded by North Korea using cyberattacks against banks and cryptocurrency exchanges, a new report has revealed.
French finance minister warns that Facebook’s Libra project would put an end to states’...
Bruno Le Marie, France’s finance minister, said on Thursday that Facebook’s upcoming cryptocurrency Libra should be stopped as it put “the monetary sovereignty of states [in] jeopardy.”
PayPal pulls the plug on PornHub performers’ payments
Thousands of performers on pornography website PornHub have reportedly been cut off from using PayPal’s services.
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