Tag: Crypto

Abu Dhabi has created a government body to develop its strategy for the regulation and promotion of virtual assets.

Estonia-based BITLEVEX, which offers crypto options trading, has received a $50m investment facility from digital asset investment firm GEM Digital Limited.

Revenue from crypto-related crime has fallen 65% in the first half of 2022 compared to the same period last year, a report by Chainalysis has found.

Digital asset custody, trading and financing platform BitGo is seeking $100m in damages after Galaxy Digital terminates its merger agreement.

 Ultimate, which offers a crypto wallet designed for decentralised finance, has raised $12.8m in its Series A round.

Crypto investing platform Grizzly.fi has raised $26m in its ‘Community Fair Launch’, a launch strategy aimed at attracting attention of high-profile DeFi investors.

Cryptocurrency exchange platform Coinmetro has reportedly raised $7m in an investment round that puts its valuation at $180m.

Robinhood’s crypto division has been given a $30m penalty by the New York Department of Financial Services for violations of cyber and money laundering regulations.

A chair of the European Banking Authority (EBA) has said European regulators are facing challenges in finding talent to help regulate the cryptocurrency industry.

CLST, an institutional-only lending and borrowing platform for stable coins and cryptos, has closed a multi-million-dollar seed round.