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It has tripled in value since its $23 million Series A round in June of this year. In February 2022, the organization received SOC-2 Type 1 certification. Today, Kaiko, a Digital assets data provider, announced a $53 million Series B round of fundraising. Eight Roads, an early Alibaba supporter, led
Almost $4 billion in mining-rig-backed loans are in jeopardy. Bitcoin miners who need to sell would continue to exert downward pressure. Miners have been hit hard by the 21% decline in the price of bitcoin (BTC) since it peaked two weeks ago. According to a Bloomberg report, some mining-machine-backed debts
Olga informed that the deadline had been pushed to an earlier date than originally scheduled. The deputy governor added that 12 banks are now participating in the initiative. As of the end of next year, Russia’s central bank is increasing its efforts to build a digital ruble roadmap. Deputy Chairman
At its height, the BTC network used 16.09 GW of electricity. Banks accounted for 56 times higher energy use than the Bitcoin ecosystem on June 16. In response to the two-week decline in the mining hash rate, the total power consumption of the Bitcoin (BTC) network dropped dramatically, resulting in
We are thrilled to share the news that users of the Crypto.com App may now make purchases of cryptocurrency using Apple Pay rapidly and safely. What exactly is Apple Pay, then? Within the Crypto.com App, customers can acquire cryptocurrency via the use of this payment option, which is quick, simple,
There will be Shiba Inu and Bitcoin Automated Checkouts shortly at one of the largest Hispanic grocery chains in the United States, “Cardenas Markets.” The supermarket has 59 locations in significant states, including California, Nevada, and Arizona, and is the largest in the country. An American supplier of Digital Currency
An asset recovery attorney and law enforcement liaison may be provided upon request. Chainalysis investigators have worked with commercial and public sector organizations. Crypto Incident Response is Chainalysis’s new quick response solution for organizations targeted by a cyber-attack or unauthorized network penetration that includes theft or demand for a cryptocurrency.
Two days from June 28 to 29, a panel of India’s top economic decision-makers will debate whether to levy an additional 28% tax on crypto transactions. In addition to the existing bitcoin income tax of 30%, the proposed tax will be imposed. Many believe that the two-day meeting won’t allow
The National University of Singapore also accepted cryptocurrencies as a curriculum. MIT offers a course on the impact and ethics of blockchain and cryptocurrency. U.S best National University offers two new courses to students on cryptocurrencies and cutting-edge financial technologies. Last year, the market for crypto assets grew significantly and
The latest fundraising round values the company at $8 billion. The business has joined the International Swaps and Derivative Association. Fintech giants like FalconX continue to get investments from VCs, despite the current gloomy trend in crypto markets. As part of its Series D fundraising round, FalconX, an institutional-level digital
