Crypto risk management firm Elliptic has raised $60 million in Series C funding to help increase its business with financial markets. The financing round was led by Evolution Equity Partners alongside the SoftBank Vision Fund 2, with existing investors also contributing. The round will help accelerate Elliptic’s efforts in enabling financial markets to “embrace the […]
Indonesian Religious Council, a core Muslim religious regulation body, has released a sensational decree. Indonesian Ulema Council: Crypto is banned for Muslims Yesterday, on Nov.11, 2021, Bloomberg media outlet shared that Indonesian Religious Council declared all crypto-related business prohibited for Muslims. JUST IN: Using crypto is forbidden for Muslims, Indonesia’s council of religious leaders rules […]
By mapping real-world signals to the transactions on the blockchain it allows third party auditors insights into the wallets and events. This means that businesses can more easily avoid risks, comply with anti-money-laundering regulations, detect scams and conduct investigations. “At Elliptic, we help financial institutions, from crypto exchanges to the world’s leading banks, embrace cryptoassets […]
Digital wallet app Novi launches in the US and Guatemala this week, but only with the Paxos stablecoin for now Facebook intends to launch Novi once it receives regulatory approval and Diem goes live US Senators however called on Facebook to shelve the entire Novi project, and to commit to not bringing Diem to market […]
Many of the group’s members are based in the Philippines, where the rewards from the game are worth multiple times the minimum wage. Zirlin said that the Philippines has become a major market for Axie Infinity. The game generates money through sales of land, as well as sales of items in its NFT marketplace, where […]
The most reliable crypto exchanges will offer free built-in crypto wallets to deposit your Ethereum and other coins. Then, you will want to be capable of monitoring the price of your Ethereum so you can determine when to sell and cash in on your investment. A cryptocurrency exchange facilitates all this. 1. Buy Ethereum (ETH) […]
SAN FRANCISCO – June 17, 2021 – TRM Labs, a pioneer in blockchain intelligence, announced today that it has closed a $14 Million Series A funding round. Bessemer led the Series A with additional participation from PayPal Ventures, Initialized Capital, Jump Capital, Salesforce Ventures, Operator Partners, Blockchain Capital, and executives from Google. Other existing investors […]
The venture capital firm said Lido’s liquid staking solution removes many “operational complexities” institutional investors have faced in staking ETH. Ethereum staking solution Lido Finance has raised $70 million from venture capital giant Andreessen Horowitz, marking the protocol’s first funding round since May 2021. Andreessen Horowitz’s investment in Lido is intended to further support the […]
However, ZK-Rollups submit proofs to the mainnet continuously, allowing users to transfer funds back instantly. Currently, StarkWare has integrated StarkEx, its ZK-Rollup scaling engine, into several crypto projects such as the decentralized exchange dYdX and the fantasy soccer NFT platform Sorare. However, with the launch of StarkNet Alpha planned later this month, developers will be […]
Although cryptocurrency exchanges like FTX have already listed AMC, GME, NOK and BB over the past 24-hours to ensure the market can be traded continuously. For more news, guides and cryptocurrency analysis, click here. Disclaimer: This article is not intended as financial advice. Cryptocurrencies are extremely volatile assets that should be treated with caution. The […]