Auto Added by WPeMatico

FTX US Raises $400 Million in Series A, Trading Platform’s Valuation Now $8 Billion

On January 26, the crypto asset exchange FTX US revealed it raised $400 million in a Series A financing round stemming from investors like Softbank, Paradigm, and Multicoin Capital. The…

Continue ReadingFTX US Raises $400 Million in Series A, Trading Platform’s Valuation Now $8 Billion

Russian Banks Begin Testing Digital Ruble Payments

Banks in Russia are preparing to dive into the pilot phase of the digital ruble project and some are already testing transactions with the currency. Trials have started with customer-to-customer…

Continue ReadingRussian Banks Begin Testing Digital Ruble Payments

Iran to Pilot ‘National Cryptocurrency,’ Considers Blockchain Tech for Stock Market

The Central Bank of Iran soon plans to launch the pilot phase of its digital currency project, an official unveiled. The Islamic Republic hopes to a join a growing club…

Continue ReadingIran to Pilot ‘National Cryptocurrency,’ Considers Blockchain Tech for Stock Market

Bank of Russia to Monitor Banks’ Dealings With Crypto Exchangers

The Central Bank of Russia has started to examine the operations of Russian banks with cryptocurrency exchangers, according to local media. Transactions between individuals through these platforms are of particular…

Continue ReadingBank of Russia to Monitor Banks’ Dealings With Crypto Exchangers

FTX Launches $2 Billion Venture Capital Fund Focused on Bolstering Blockchain, Web3 Adoption

The cryptocurrency firm FTX has announced the launch of a $2 billion venture capital fund called FTX Ventures. The fund’s focus will be on advancing blockchain and Web3 technology alongside…

Continue ReadingFTX Launches $2 Billion Venture Capital Fund Focused on Bolstering Blockchain, Web3 Adoption

Russia’s Tinkoff Bank Enters Crypto Space Through Swiss Company Acquisition

The Russian neobank Tinkoff is joining the world of cryptocurrencies with the purchase of a stake in Aximetria, a Swiss-registered and licensed company which provides clients around the world with…

Continue ReadingRussia’s Tinkoff Bank Enters Crypto Space Through Swiss Company Acquisition

Argentina-Based Mobile Wallet App Belo Adds Lightning Network Support via Opennode

On Monday, January 10, the Argentina-based mobile wallet company Belo announced that the platform has added support for the Lightning Network by partnering with the bitcoin payment processor and infrastructure…

Continue ReadingArgentina-Based Mobile Wallet App Belo Adds Lightning Network Support via Opennode

NFT Analytics Platform Cryptoslam Raises $9M From Animoca Brands, Mark Cuban, Sound Ventures

On Wednesday, the non-fungible token (NFT) data and analytics platform Cryptoslam raised $9 million in a capital funding round led by Animoca Brands. Cryptoslam detailed that Mark Cuban participated in…

Continue ReadingNFT Analytics Platform Cryptoslam Raises $9M From Animoca Brands, Mark Cuban, Sound Ventures

Bividend: Nasdaq-Listed Company to Pay Dividends in Bitcoin at the Option of Shareholders

A Nasdaq-listed company has announced that shareholders can receive dividends in bitcoin. The company claims to be the first one to pay dividends in the cryptocurrency. ‘First-Ever Dividend Payable in…

Continue ReadingBividend: Nasdaq-Listed Company to Pay Dividends in Bitcoin at the Option of Shareholders