Business

Crypto Bank Anchorage to Command $2B+ Valuation in New Funding Round, Sources Say

Anchorage raised an $80 million Series C in February but did not disclose its valuation at the time.

Business  ·  27 October 2021

Paradigm Leads $5M Seed Round for Play-to-Earn Game AI Arena

Developer ArenaX Labs plans to launch the game in early 2022.

Business  ·  27 October 2021

Blockchain Development Platform QuickNode Raises $35M

The Series A follows a $5.3 million seed round earlier this year and includes participation from Reddit founder Alexis Ohanian and entrepreneur Anthony Pompliano.

Business  ·  27 October 2021

Crypto Firm Crypterium Secures FCA Registration

Cryptocurrency firm Crypterium has secured Financial Conduct Authority (FCA) registration to operate in the U.K., the firm announced Monday.

Business  ·  25 October 2021

Institutional Investors Growing Curious on Crypto Mining but With ‘Plenty of Skepticism,’ Analyst Says

Interest from traditional FinTech institutional investors is growing, but there is still skepticism when it comes to crypto miners’ valuation, DA Davidson said.

Business  ·  25 October 2021

FTX Crypto Exchange Finalizes LedgerX Acquisition

The unit will now operate as FTX US Derivatives.

Business  ·  25 October 2021

Singaporean Payments Unicorn Nium Launches Crypto-as-a-Service Platform

Nium says its news service will target banks, businesses and neo-financial institutions.

Business  ·  25 October 2021

Facebook Whistleblower Holds Crypto to Support Herself Financially: Report

Haugen said she was managing financially for the “foreseeable future” because she had bought crypto “at the right time.”

Business  ·  25 October 2021

AMEX CEO Says Crypto Is Unlikely a Threat to Traditional Credit Cards

Crypto, though, can make cross-border payments “a lot more seamless,” he said.

Business  ·  23 October 2021

Largest DeFi Prediction Market Polymarket Said to Be Under Investigation by CFTC: Report

The report of the probe comes as Polymarket is said to be in talks to raise money at a $1 billion valuation.

Business  ·  23 October 2021

Terra’s Do Kwon Was Served by SEC, New Lawsuit Shows

Terraform Labs CEO Do Kwon is suing the U.S. Securities and Exchange Commission (SEC).

Business  ·  23 October 2021