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“# Crypto-to-fiat liquidity startup Xanpool raises $27M ” Cryptocurrency-to-fiat infrastructure provider Xanpool continues expanding operations in the Asia Pacific (APAC) by securing fresh funding. The Hong Kong-based startup raised $27 million in a Series A funding round led by Valar Ventures, the venture capital firm co-founded by PayPal co-creator Peter Thiel. Other participating investors included…
“# Robinhood crypto wallet waitlist hits 1 million people ” More than 1 million people are on the waitlist for Robinhood’s long-awaited crypto wallet according to CEO Vlad Tenev Speaking to Jim Cramer during CNBC’s Disruptor 50 summit on Oct. 21, Tenev stated that was very “proud” of Robinhood’s progress in crypto, as he highlighted…
“# Associated Press plans to launch Chainlink node to publish data ” The Associated Press news agency announced it would be launching its own Chainlink oracle node to ensure any data from its U.S. newspaper and broadcaster members would be cryptographically verified. In an Oct. 21 announcement, the Associated Press, or AP, said smart contract…
“# Breaking Google’s monopoly: Internxt pushes decentralized cloud as privacy concerns grow ” Privacy-focused blockchain file storage service Internxt has a lofty vision: leverage decentralized technology to break Big Tech’s monopoly over user data. Its first product, Internxt Drive, aims to compete as an alternative to Google Drive and Dropbox — without compromising personal privacy…
“# Pension fund for Texas firefighters reportedly allocates $25M to Bitcoin and Ether ” The pension fund for firefighters in Houston has allocated part of its $4 billion portfolio towards crypto. According to an Oct. 21 Bloomberg report, the Houston Firefighters’ Relief and Retirement Fund used the New York Digital Investment Group, or NYDIG, to…
“# NFT company Candy Digital valued at $1.5B following $100M Series A ” Nonfungible token company Candy Digital has secured $100 million in funding to expand its product footprint and creative capabilities, marking another major milestone for the rapidly growing NFT market. The funding will be used to expand Candy Digital’s NFT product offerings across…
“# FTX crypto exchange raises $420M from 69 investors ” FTX, one of the largest cryptocurrency exchanges in the world, has raised $420 million in fresh funding, bringing its total valuation to $25 billion. The firm officially announced Thursday that FTX’s operator, FTX Trading, has completed a new Series B-1 fundraise involving 69 investors, including Ontario…
“# JPMorgan says inflation concerns, not ETFs, driving Bitcoin price jump ” Bitcoin (BTC) broke its all-time high price level following the launch of ProShares’ Bitcoin Strategy exchange-traded fund (BITO) on Tuesday, but JPMorgan Chase strategists believe the key driver behind the price jump is investor concern over inflation. The BITO launch, which saw the…
“# AMC gets ‘hyperactive’ about crypto, CEO says it may issue its own coin ” American multinational entertainment giant AMC is getting very excited about blockchain and the company’s chief executive is publicly mulling the issuance of its own cryptocurrency. During an interview with CNBC on Oct. 20, AMC chief executive Adam Aron discussed the…
“# Diem tells Senators on the warpath over Novi: We’re not actually Facebook ” Stablecoin project Diem has distanced itself from its Facebook in response to Democrat Senators calling for the immediate cessation of the firm’s Novi crypto wallet. Diem also claimed senior regulators had called it “the best-designed stablecoin project that the U.S. government…