Tag: Crypto
VRRB Labs launches decentralized protocol and bags $1.4m pre seed
VRRB Labs, a decentralised protocol that combines speed, scalability and decentralisation, has landed $1.4m in pre-seed funding.
BIS Innovation Hub launches new stablecoin, CBDC programs
The BIS Innovation Hub has unveiled its 2023 work program, which involves projects on areas such as CBDC, DeFi and stablecoins.
Crypto lender SALT nets $64.4m in Series A raise
SALT Lending, a crypto lending platform, has scored $64.4m in a Series A funding round from a share sale to accredited investors, CoinDesk has reported.
What is the current state of crypto tax reporting?
Despite the rising usage of cryptocurrency, regulations are still quite bare and confusing. Principal to this is crypto tax reporting, which some countries are setting rules for, before even clarifying taxation laws.
NFT-powered lending and borrowing marketplace Archimedes raises seed
Archimedes, which claims to be a one-of-a-kind lending and borrowing marketplace that utilises NFTs, has raised $4.9m in its seed round.
Crypto firm Deribit taps Eventus for Validus platform
Cryptocurrency derivatives exchange Deribit has selected Eventus’ Validus platform to provide market abuse monitoring on the exchange.
Tech organisations call on Congress to prioritise blockchain privacy regulation
More than 28 tech organisations that develop open-source projects have called on Congress to protect consumer privacy when regulating the blockchain space.
Crypto broker Genesis Global Holdco files for bankruptcy protection
Genesis Global Holdco (GGH), the parent company of struggling crypto brokerage Genesis, has filed for bankruptcy protection.
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.
Huobi introduces crypto-to-fiat debit card
Huobi Global, a virtual asset exchange, has partnered with Solaris to deliver a crypto-to-fiat debit card that will help Huobi users to spend digital assets at point-of-sale.