Monad Labs, blockchain startup, sequred $225 mn Series A
Monad Labs, an ethereum blockchain developer, has closed a $225 mn Series A, the largest deal the sector has seen in over seven months
Crypto & Blockchain News
Agio Ratings, a crypto risk analytics startup, raised a $4.6 mn
The UK startup Agio Ratings, specializing in crypto risk analytics, has announced a fundraising round totaling $4.6 mn led by Superscrypt
Trading automation protocol Umoja raised $4 mn in seed round
Trading automation protocol Umoja seed funding round has successfully secured an additional $2 mn, bringing the total to $4 mn
Genesis Global Capital will pay $21 mn penalty to SEC for crypto securities offer
Genesis Global Capital will pay a $21 mn penalty after pleading guilty to charges that it engaged in the unregistered offer
Outlier Ventures and peaq launched the DePIN Base Camp Accelerator
Outlier Ventures and peaq have launched of the DePIN Base Camp Accelerator program to accelerating the development and application of decentralized physical infrastructure
UK Financial Conduct Authority commited to intensify efforts against crypto market
Financial Conduct Authority of the United Kingdom has outlined its commitment to intensify efforts against crypto market abuse within the cryptocurrency
Insurtech OneDegree received new investment for digital asset insurance in UAE
Hong Kong-based crypto assets insurtech OneDegree announced it had received an undisclosed investment amount from Dubai Insurance
Anboto raised $3 mn to launch an institutional-grade crypto trading platform
Anboto Labs, a Hong Kong-based crypto trading execution tool provider, has raised $3 million in funding and launched an institutional-grade non-custodial trading platform
Bank of England with FCA are seeking feedback for regulating stablecoins
The Bank of England (BoE) and the United Kingdom’s Financial Conduct Authority have requested feedback on their proposed approach to regulating stablecoins
Blockchain-based healthcare platform Rymedi raised $9 mn in Series A
Blockchain-based healthcare data platform Rymedi has raised $9 mn in Series A funding. Rymedi streamlines the transfer of medical records and data via blockchain
Web3 security startup Blockaid sequred a $33 mn funding
Blockaid, a web3 security startup co-founded by two former Israeli military cyber intelligence personnel, has come out of stealth with $33 million in funding
DeFi protocol Elixir closed a $7.5 mn Series A led by Hack VC
DeFi protocol Elixir has closed a $7.5 million Series A fundraising round at a $100 million valuation, designed to help it improve liquidity across decentralized order
Grayscale with FTSE Russell launches the Crypto Sector Index Series
Digital currency asset manager, Grayscale Investments is venturing into the crypto indices business together with the London-based indices provider FTSE Russell
Logpoint uncovered the Akira infection chain through malware analysis
Logpoint’s research has uncovered the Akira infection chain through malware analysis. Akira actively targets Cisco ASA VPNs without multifactor authentication
NY’s financial regulator wants crypto companies to be more transparent
New York’s financial regulator wants cryptocurrency companies regulated in the state to be more transparent about how they list and delist crypto coins
Deutsche Bank launches digital asset custody & tokenization with Taurus
Deutsche Bank is set to establish digital asset custody and tokenization services via a new partnership with Switzerland-based Taurus, a Swiss startup
NY blockchain consortium R3 laid off over 20% of its workforce
The New York-based blockchain consortium R3, backed by investors including Bank of America and Intel, has laid off over 20% of its workforce
FSA prolonged the deadline for UK crypto asset marketing & advertising
The FCA introduced in June that it was introducing advertising and marketing restrictions on the crypto sector
2023 Charles Schwab Trader Sentiment Survey reveals a shift in trader expectations
The Charles Schwab Trader Sentiment Survey for Q3 reveals a shift in trader expectations towards a more optimistic view of the market environment
US Court handed Grayscale a win against the SEC in the lawsuit over spot Bitcoin ETF
US Court of Appeals for the District of Columbia Circuit handed Grayscale a win against the Securities and Exchange Commission (SEC)
Millions of dollars worth of crypto were stolen from DeFi platforms
Millions of dollars worth of cryptocurrency were stolen from several platforms after hackers exploited a vulnerability in a programming language used widely
CFTC exposed a digital assets scheme Blessings of God Thru Crypto
The Commodity Futures Trading Commission announced it filed a complaint against Michael and Amanda Griffis of Clarksville
Financial Stability Board published regulatory framework for cryptoasset
The Financial Stability Board (FSB) has published its regulatory framework for cryptoasset activities to promote the global harmonization of regulatory
U.S. Financial Innovation & Technology Bill establishes a regulatory framework for crypto
U.S. lawmakers introduced legislation aimed at dispelling a cloud of regulatory uncertainty that looms large in the crypto assets industry
Nasdaq is dropping plans for a crypto custody service
Nasdaq is dropping its plans for a crypto custody service, which was slated to go live in the second quarter of this year
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