Ripple, the major blockchain payments firm behind XRP, the third biggest altcoin by market cap, has raised $200 million in Series C led by Tetragon. Ripple, the blockchain payments firm behind XRP, the third biggest altcoin by market cap, has raised $200 million in a new funding round. Led by closed-ended investment company Tetragon, the…
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Binance has made a strategic investment in Alameda Research-backed crypto derivatives exchange FTX. Binance, the second-largest crypto exchange by daily traded volume, has made a strategic investment in crypto derivatives exchange FTX. According to a Dec. 20 announcement, Binance has made both an equity investment in FTX and is taking a long term position in…
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Boerse Stuttgart Group (BSG), the operator of the second-largest stock exchange in Germany, and Japanese financial giant SBI Group has partnered in order to create a “global end-to-end ecosystem for digital assets.” Moreover, SBI Holdings will invest in Boerse Stuttgart Digital Exchange GmbH (BSDEX) and plans to invest in Boerse Stuttgart Digital Ventures Read more…
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The world’s largest diamond mining firm, Alrosa, has partnered with Tencent, the operator of Chinese social media giant WeChat, on a new blockchain-powered e-commerce project. The world’s largest diamond mining firm, Russia’s Alrosa, has partnered with Tencent, the operator of Chinese social media app WeChat, on a new blockchain-based e-commerce project. Together with blockchain platform…
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A 19-year old U.S. resident has been indicted for identity theft as part of an alleged $1+ million cryptocurrency heist affecting at least 75 American victims. A 19-year old man has been indicted for identity theft as part of an alleged $1+ million cryptocurrency heist affecting at least 75 victims in the United States. A…
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The ghost of what has likely become one of the world’s biggest ponzi schemes lingers on for crypto traders amid claims of sell-offs manipulating Bitcoin price. Ether (ETH) price faced fresh selling pressure on Dec. 19 as a giant transaction associated with the PlusToken ponzi scheme worried traders. Data from Twitter-based monitoring resource Whale Alert,…
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The Deutsche Bank Imagine 2030 report highlights centralized tokens as the driver for fiat’s demise. A recently unveiled Deutsche Bank “Imagine 2030” report boldly puts a date on the eventual fiat–crypto “social consensus flip,” citing the Asian continent and, in particular, China, to have already recognized the trend. If true, then what every cryptocurrency speculator…
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Changpeng Zhao, CEO of Binance, and Sam Bankman-Fried, CEO of FTX. Source: Twitter, @SBF_Alameda Major cryptocurrency exchange Binance invested in the cryptocurrency derivatives exchange FTX, and FTX Token (FTT) rallied. The unspecified “strategic equity investment” into the company that was founded in spring of this year was announced today, along with Binance’s decision to take…
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New York-based digital asset security firm Fireblocks has successfully completed a major security examination carried out by Big Four auditing firm EY. New York-based digital asset security firm Fireblocks has successfully completed a major examination carried out by Big Four auditing firm Ernst & Young (EY). Fireblocks, which provides an institutional-grade platform for secure transfer…
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CipherTrace announced partnership with ATII to combat human trafficking by tracing crypto back to its source. Cryptocurrency could be a game-changer for combating crime, a notion illustrated by CipherTrace’s newly formed partnership with the Anti-Human Trafficking Intelligence Initiative (ATII). CipherTrace, a leader in blockchain security, has announced that it will join forces with ATII to…
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