Tag: Cryptocurrency
Crypto exchange Unizen Exchange bags $200m
Unizen Exchange, a crypto exchange ecosystem, has bagged $200m in a funding round led by private equity firm Global Emerging Markets (GEM).
Trading infrastructure developer Flowdesk collects $30m
France-based trading infrastructure developer Flowdesk has collected $30m in its funding round
Why firms should be aware of crypto KYC
The early days of cryptocurrency were based around the idea of anonymity. However, to bring the asset type into the financial ecosystem, this has changed. Know your customer services aim to ensure cryptos cannot be used for illicit activity.
System 9 rakes in $5.7m Series A
System 9, a digital asset market-making firm focused on alt-coins, has raised $5.7m from a Series A funding round.
Digital assets platform FalconX soars to $8bn valuation
Digital assets platform FalconX has soared to $8bn valuation after closing its Series D round on $150m.
Cryptocurrency trading app BlockFi nabs $250m in credit
Cryptocurrency financial services platform BlockFi has scored a $250m revolving line of credit.
UK to scale back data gathering requirements around unhosted crypto wallets
The UK government has revealed it is planning to scale back its requirements for gathering data from both the senders and recipients of crypto sent to unhosted wallets.
Elon Musk faces $258bn lawsuit for allegedly defrauding Dogecoin investor
Elon Musk will face a $258bn lawsuit from an investor of the Dogecoin cryptocurrency for defrauding him through a crypto pyramid scheme.
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.
Circle set to unveil Euro-backed stablecoin in US market
Circle Internet Financial, the issuer of the USD Coin dollar-pegged stablecoin, is set to introduce a new stablecoin backed by the single European currency.