# Cove Markets to join Robinhood Crypto in latest acquisition

# Cove Markets to join Robinhood Crypto in latest acquisition

“# Cove Markets to join Robinhood Crypto in latest acquisition ” Cove Markets, an API platform that enables users to trade across multiple centralized exchanges and manage aggregate financial data, will become part of Robinhood Crypto, as announced by the discount brokerage late Tuesday. Traders and investors can connect up to seven exchanges, including Coinbase…

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# NYDIG raises B in funding, valuation now B

# NYDIG raises $1B in funding, valuation now $7B

“# NYDIG raises $1B in funding, valuation now $7B ” On Tuesday, New York Digital Investment Group, or NYDIG, a financial institution specializing in Bitcoin financial services such as savings accounts, trading brokerages, 401(k)s, etc., announced it had secured a $1 billion equity investment led by WestCap. The funding places its valuation at nearly $7…

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# Assembly announces 0M capital raise, receives praise from IOTA co-founder Dominik Schiener

# Assembly announces $100M capital raise, receives praise from IOTA co-founder Dominik Schiener

“# Assembly announces $100M capital raise, receives praise from IOTA co-founder Dominik Schiener ” On Friday, Assembly, a decentralized layer one smart contract network built within the IOTA ecosystem, announced it had raised $100 million from private investors, including LD Capital, HyperChain Capital assembly, and Huobi Ventures. The project stated that the funds will be…

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# SushiSwap CTO resigns citing internal structural chaos

# SushiSwap CTO resigns citing internal structural chaos

“# SushiSwap CTO resigns citing internal structural chaos ” Late Wednesday, Joseph Delong, chief technology officer of SushiSwap, the 13th largest decentralized exchange, or DEX, by trading volume, tendered his immediate resignation from the role. Explaining his decision, Delong gave the following statement: “I wish Sushi the best and am saddened that Sushi is so…

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# We are seeing ‘10x growth in terms of the number of nonprofits accepting crypto,’ says Alex Wilson of The Giving Block

# We are seeing ‘10x growth in terms of the number of nonprofits accepting crypto,’ says Alex Wilson of The Giving Block

“# We are seeing ‘10x growth in terms of the number of nonprofits accepting crypto,’ says Alex Wilson of The Giving Block ” With the market capitalization of digital currencies surpassing $2 trillion, there is now record interest in crypto philanthropy. From helping to build a school in Uganda to fundraising for frontline healthcare workers and raising awareness…

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# Bank of International Settlement calls the rise of decentralized finance ‘an illusion’ in latest quarterly review

# Bank of International Settlement calls the rise of decentralized finance ‘an illusion’ in latest quarterly review

“# Bank of International Settlement calls the rise of decentralized finance ‘an illusion’ in latest quarterly review ” On Monday, the Bank of International Settlement, or BIS, a financial institution owned by central banks worldwide, published a report scrutinizing the development of the decentralized finance, or DeFi, industry. The article opened by saying, “There is…

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