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Props Shutdown Throws Reg A+ Funding Model Into Limbo

Props, a social media token project, was one of the first to receive a Reg A+ qualification. It's now shutting down.

Opinion  ·  17 August 2021
Music Industry

AUDIO Market Cap Surges Past $1B After TikTok-Audius Partnership News

Traders appear bullish after the viral app chose Audius to power its new “TikTok Sounds” library.

Markets  ·  17 August 2021
Crypto mining

BIT Mining Revenue Rises $440M in Q2, Thanks to BTC.com Acquisition

Previously an online sports lottery operator, BIT Mining said it has now completed its transformation into a crypto mining and data center company.

Business  ·  17 August 2021
DeFi

DeFi’s 1inch Network Launches on Ethereum Scaling Platform Optimism

The DEX aggregator is making a big bet on Ethereum scaling projects, with other networks under consideration.

Tech  ·  17 August 2021
DeFi

Ex-Goldman Sachs Traders Raise $4M for DeFi Risk Management Startup

Ondo Finance is looking to attract institutional investors to the world of DeFi lending.

Business  ·  17 August 2021
Tzero

TZero CEO Resigns; Chief Legal Officer Appointed as Interim Replacement

Saum Noursalehi's Friday resignation was announced by tZERO on Monday.

News  ·  17 August 2021
FATF

Emmer, Soto Reintroduce Legislation to Clarify ‘Money Transmitter’ Designation

The congressmen called proposed guidance from the Financial Action Taskforce "concerning."

Policy & regulation  ·  17 August 2021
BitMEX

BitMEX, Deribit Tap Shyft Network for FATF ‘Travel Rule’ Solution

Shyft’s Veriscope product now boasts some 35 crypto service providers including Binance, Bitfinex, Tether and Huobi.

Business  ·  17 August 2021
Music Industry

Steve Aoki Has Secured Funding to Pilot His NFT TV Show

The crypto-forward DJ is creating a “proper pilot” episode of his experimental NFT TV show, “Dominion X.”

Business  ·  17 August 2021
Newsletters

State of Crypto: The Crypto Provision in the Infrastructure Bill Now Depends on Non-Crypto Issues

The crypto industry wants to change a tax provision when the House takes up the Senate's infrastructure bill, but other issues may take precedence.

Policy & regulation  ·  17 August 2021
DeFi

Blockchain Security Firm CertiK Raises $24M in Funding Round

The company has now raised more than $70 million.

News  ·  17 August 2021
Bitcoin Futures

Galaxy Digital Files for US Bitcoin Futures ETF

The SEC has yet to approve a crypto-based exchange-traded fund.

News  ·  17 August 2021
Bitcoin

Bitcoin Rangebound Near $50K Resistance; Support at $40K

BTC is trading around the 200-day moving average and will need to break out of a short-term range to resume the uptrend.

Markets  ·  17 August 2021
Crypto Lending

Eqonex Launches Peer-to-Peer Crypto Lending Marketplace for Institutions

The platform will avoid rehypothecation and automate lending to offer an application that can compete with both over-the-counter desks and DeFi lending protocols.

News  ·  17 August 2021
Binance

Binance Wants Former Abu Dhabi Global Market Head as Asia CEO: Report

The exchange has become more proactive in dealing with regulators amid heightened scrutiny.

News  ·  17 August 2021