Circle Internet Group (CRCL) has successfully raised $222 million for its new institutional Layer 1 blockchain, Arc, establishing a fully diluted valuation of $3 billion. This significant funding round, led by a16z crypto with participation from major financial institutions including…
Crypto.com’s UAE entity, Foris DAX Middle East FZE, has secured a Stored Value Facilities (SVF) license from the Central Bank of the UAE. This authorization positions Crypto.com as the first Virtual Asset Service Provider (VASP) to be officially approved for…
Crypto.com has secured a Stored Value Facilities (SVF) license from the Central Bank of the UAE (CBUAE), positioning its UAE entity, Foris DAX Middle East FZE, as the first Virtual Asset Service Provider (VASP) authorized to process cryptocurrency payments for…
France-based bitcoin treasury firm Capital B has successfully raised €15.2 million (approximately $17.8 million) through a private placement, aiming to bolster its bitcoin reserves. The funding round saw participation from notable figures in the cryptocurrency space, including Blockstream CEO Adam…
Follow us on Google Get the App Get the App Shares of MicroStrategy (NASDAQ: MSTR) experienced a significant rise of approximately 9% on Friday, coinciding with Bitcoin’s resurgence to the $78,000 mark. This surge occurred merely days after Executive Chairman…
Australia is poised to introduce significant changes to its capital gains tax (CGT) framework, a move that is expected to impact cryptocurrency investors. Reports indicate that the government plans to alter the existing 50% CGT discount for assets held longer…
Prefer us on Google Download App Download App JP Richardson, co-founder and CEO of Exodus Movement (NYSE American: EXOD), commenced a portion of the Exodus Summit in Omaha, Nebraska today, with a declaration regarding the current location of his company’s…
Strategy Chairman Michael Saylor has indicated a significant commitment to expanding the company’s Bitcoin holdings, stating that for every Bitcoin sold, the company intends to acquire ten to twenty times that amount. This strategy was discussed in the context of…
Prefer us on Google Download App Download App Galoy is intensifying its efforts in U.S. banking at a time when numerous financial institutions are still contemplating how, or if, they should integrate Bitcoin into their service offerings. In anticipation of…
A recent judicial decision in Manhattan has partially lifted a freeze on approximately $71 million worth of Ether (ETH) linked to the Arbitrum DAO, which was initially frozen following the Kelp DAO exploit. While this modification allows for a governance…