TON Creates a $250M Fund for DeFi Projects
The TON project team has launched TON Accelerator, a venture fund with a total of $250 million specifically targeting DeFi-focused projects.
Malaysian Regulator Says Huobi Lacks License to Operate in the Country
The Malaysian Securities Commission (SC) has announced that they are taking enforcement measures against Huobi.
Digital Currency Group Misses $630M Payout to US Crypto Exchange
Cameron Winklevoss, co-founder of trading platform Gemini, has announced that Digital Currency Group is behind on its $630 million debt payment to compensate users of its Gemini Earn.
HashKey Capital Plans to Hit a $1B Valuation
HashKey Group, an affiliate of the Chinese conglomerate Wanxiang Group, is seeking to raise between $100 million and $200 million in a new funding round at a valuation of over $1 billion.
Marathon: There Will Be an Outflow of Miners Due to Tax Increases in US
Fred Thiel, CEO of Marathon Digital, has stated that the proposed tax on crypto-currency mining will push the industry towards offshore jurisdictions.
Opera Integrates MultiversX Blockchain into its Crypto Browser
Opera has announced collaboration with MultiversX, a first-level blockchain, to be integrated into their “cryptobrowser.”
Dogecoin Price Rises Amid Increasing Number of Transactions
The launch of the DRC-20 tokens last week was the main driver of increased transaction activity on the Dogecoin blockchain.
Citadel Securities Accuses Crypto Startup Portofino Technologies of Stealing Trade Secrets
Citadel Securities has accused the founders of startup Portofino Technologies and their former employees of stealing trade secrets.
SEC Believes Filecoin Could Be a Security
The SEC staff suggests that the trust’s underlying asset, Filecoin (FIL) cryptocurrency, conforms to the definition of an investment contract under federal law.
USDT Issuer Tether Will Allocate Up to 15% of its Profits into Bitcoin
Tether has announced that it will invest up to 15% of its profits into Bitcoin.
Uniswap Might Deploy DEX on Coinbase’s Layer 2 Blockchain Base
Three influential Uniswap contributors – she256, Michigan Blockchain, and GFX Labs – have launched discussions to explore the potential deployment of Uniswap v3 on Coinbase’s Layer 2 blockchain Base.
Ripple Pays $250M to Purchase Custodian Metaco
Ripple, a San Francisco-based enterprise blockchain and payments specialist, has announced that it has acquired Swiss custody firm Metaco in a $250 million deal.
Coinbase Adds New USDC-related and Staking Services for Singaporean Users
Coinbase Global has broadened the scope of its services in Singapore in response to regulatory restrictions in the US.
Judge Denied SEC’s Motion to Seal Documents Related to Former Division of Corporation Finance Director
A judge in the US District Court for the Southern District of New York yesterday denied the SEC motion to seal documents related to a 2018 speech by former Division of Corporation Finance Director Bill Hinman.
