Robinhood said Tuesday it will acquire UK-based cryptocurrency exchange Ziglu. The move comes as the stock trading app looks to expand further by offering cryptocurrency trading. The acquisition also marks Robinhood's second foray into the UK market after a failed plan to launch a stock trading app in 2020. Together with Ziglu, Robinhood now owns one...
Silvergate Bank's cryptocurrency-focused customer base has grown to over 1,500, according to first-quarter results released Tuesday. “The number of digital currency customers rose to 1,503 as of March 31, 2022, from 1,381 as of December 31, 2021 and 1,104 as of March 31, 2021,” the firm said in a Q1 report. Silvergate also stated that it generated...
Lido has committed two million of its LDO tokens to the Protocol Guild transfer, which is positioned as a new funding mechanism for public initiatives for the development of Ethereum. The Lido Finance Governance Forum held a vote in support of the Ethereum protocol participants through the Protocol Guild worth about $6 million. The Protocol Guild is...
Cryptocurrency-focused venture capital firm Framework Ventures said Tuesday it has raised $400 million for a new fund. The Framework said in a statement that half of the new capital, about $200 million, will go to the “growing blockchain gaming sector.” This particular focus on gaming builds on the momentum seen in industry deals in recent months....
Analyst firm Flipside Crypto has raised $50 million in a funding round led by Republic Capital. 1/ A bit of news: @flipsidecrypto has raised $50M. Yeah, we’re excited (and humbled 🙏). All the deets in this Gitbook: https://t.co/O1Hz1btlZJ Thanks for leading @_rcapital_ with @trueventures; @GalaxyDigitalHQ; @terra_money; @dapperlabs; @M13Company; @arjunsethi; plus… — Flipside Crypto (@flipsidecrypto) April 19, 2022 It also featured...
Binance has formed a joint venture with Thai billionaire Sarath Rathanawady’s Gulf Energy Development, which will apply for a cryptocurrency exchange license in the country. According to letter firm to the Stock Exchange of Thailand, its subsidiary invested in BNB tokens. Read Also: Binance Will Open A Customer Service Center In Turkey In another notice, Gulf Energy announced...
Grayscale Investments CEO Michael Sonnenschein in an interview CNBC expressed optimism about the possible approval by the US Securities and Exchange Commission (SEC) of a spot bitcoin-ETFs. At the beginning of April, the regulator allowed launch an exchange-traded fund based on futures for the first cryptocurrency from the provider Teucrium. The application complied with the provisions...
The Cybersecurity and Infrastructure Protection Agency (CISA), the FBI and the US Treasury have issued a joint warning about North Korean hacker threats aimed at stealing cryptocurrencies. The document refers to the hackers Lazarus Group, APT38, BlueNoroff and Stardust Chollima. US authorities have said they are seeing attacks targeting the cryptocurrency and blockchain sectors, including exchanges, DeFi...
In ConsenSys called SEC explicitly state that networks based on distributed ledger technology are not subject to the proposal to expand the term "exchange" in the Securities Exchange Act of 1934. The company noted that the proposed wording may inadvertently designate some decentralized systems as exchanges. In addition, the regulator did not mention blockchain, cryptocurrencies or...
Indian cryptocurrency exchange CoinDCX has raised $135M in a Series D funding round at a $2.15B valuation. Indian crypto exchange CoinDCX has doubled its valuation to $2.15 billion in eight months following a fresh $135 million funding. CoinDCX said it has amassed over 10 million users. https://t.co/xx2L6d4xne — Wu Blockchain (@WuBlockchain) April 19, 2022 The round was led...
