Tag: Cryptocurrency

‘All Weather Stablecoin’ Gyroscope closes seed round

Gyroscope, which stylises itself as the ‘All Weather Stablecoin’ has raised $4.5m in its seed funding round, which was co-led by Placeholder VC and Galaxy.

Cryptocurrency tax startup Toku nets $20m

 Cryptocurrency tax and payroll platform Toku has secured $20m in a funding round led by Blockchain Capital.

Redeem raises $2.5m to support easy NFTs trading

Redeem, which leverages web3 technology to allow users to send and redeem non-fungible tokens (NFTs), has reportedly raised $2.5m in its pre-seed.

Will the Crypto Winter bring the death of cryptocurrency

Dubbed the Crypto Winter, the cryptocurrency market has gone through a tough period with companies collapsing, major fines and token prices dropping. However, players in the industry are confident spring is coming.

Aura Network bags $4m to expand Web3 ecosystem

Aura Network, a company claiming to be building the internet of NFTs, has raised $4m in a round led by investors Hashed and Coin98.  

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.

Senior US officials call on Congress to step up crypto regulation...

Four senior US officials in the White House have called on the US Congress to ‘step up its efforts’ in regulating the cryptocurrency market.

Bitzlato founder charged with illicit money transmitting

Anatoly Legkodymov, founder and majority owner of cryptocurrency exchange Bitzlato, has been charged for alleged illicit money transmitting.

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.

Genesis owes over $3bn in debt, as DCG seeks funding –...

Cryptocurrency brokerage Genesis reportedly owes creditors over $3bn, which is prompting its owner, Digital Currency Group (DCG), to sell assets in its venture portfolio to raise money.

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