Co-led by Tiger Global Management and Coatue Management, the VC funding will inject funds worth $400 million into the bootstrapped company.
Crypto fintech MoonPay reportedly aims for $3.4B valuation in first VC funding Chess grandmaster Magnus Carlsen awarded NFT trophy after tournament win Following the competition, a replica of Carlsen’s NFT trophy was auctioned off to a fan for 6.88 ETH.
McDonald's China to give away 188 NFTs on 31st anniversary The "Big Mac Rubik's Cube" NFTs will be distributed to Chinese employees and customers by McDonald's China as a part of a giveaway.
Bitmain stops shipment of Antminer crypto mining rigs into China Bitmain plans to identify green energy mining opportunities from power generation projects in Chinese provinces.
Sri Lanka appoints committee to implement crypto mining and blockchain The committee plans to propose a suitable framework for Sri Lanka after studying the regulations followed by international markets.
US Senator Warren introduces bill to study crypto’s role in ransomware The Ransom Disclosure Act aims to help the Department of Homeland Security gather critical data on ransom payments in cryptocurrency and fiat.
BitOasis crypto exchange to help Dubai Police spread fraud awareness BitOasis has partnered with the Dubai Police Force to establish safety regulations around crypto investments in the region, according to the exchange’s CEO.
Federal High Court of Nigeria approves eNaira CBDC rollout eNaira will continue to circulate alongside its fiat counterpart, promising a faster, cheaper and more secure option for monetary transactions.
IMF recommends CBDC and global crypto standards for financial stability The new policies recommended by the IMF aim to curb down the financial risks associated with global crypto adoption.
NFT for the win: Grandmaster Magnus Carlsen chases a nonfungible trophy Ten finalists, including Magnus Carlsen and Wesley So, will compete for the Champion’s Trophy NFT, while a replica will be made available for auction.
Grayscale adds SOL and UNI to Digital Large Cap Fund portfolio Grayscale’s GDLC fund now includes SOL and UNI at 3.24% and 1.06%, respectively, after reducing LTC and BCH holdings.
Crypto tax ‘a top enforcement priority,’ reminds IRS Commissioner The IRS’ commissioner says crypto gains are taxable in the cannabis industry as the IRS treats cryptocurrencies as property.
Huobi outlines plan for Chinese investors after halting crypto trading Huobi Group co-founder Du Jun intends to safeguard all crypto assets for Chinese accounts before permanently closing them down by Dec. 31, 2021.
Average Aussie crypto portfolio grew 258% in FY 20–21, survey reveals Older Australian crypto investors outweigh the new generation in initial investment, but the younger crowd is more active in daily trading.
SEC registrants seek DeFi and physically backed Bitcoin ETF approval Amplify ETFs, Invesco and Galaxy submitted registrations to the U.S. SEC for Bitcoin and DeFi-based ETF offerings.
Sorare scores $680M funding led by SoftBank to grow its NFT sport portfolio Sorare attained a $4.3-billion valuation with a Series B funding round led by the Tokyo-based holding company.
Indians opt for state-run blockchain platform amid bulk SMS regulations India’s SMS regulation requires businesses to comply with pre-registered messaging templates to counter spam and fraud.
American CryptoFed DAO seeks US SEC consent for stable utility tokens The Wyoming-based digital asset company has filed Form 10 and Form S-1 for registering and trading Locke and Ducat tokens.
El Salvador ranks third in global Bitcoin ATM installations, data finds The Salvadoran government has installed over 200 ATMs in September after adopting Bitcoin as a legal tender.
Hong Kong landlords lease to crypto exchanges following regulatory clarity Crypto businesses in Hong Kong need to have a local license and are restricted to offer services only to professional investors.
Huobi Ventures launches $10M fund for early-stage GameFi investment Developers continue to find new ways to combine digital assets and gaming, and investors are taking notice.
Indian university joins Hedera decentralized governance council The Indian Institute of Technology Madras will test use cases around the Hedera Token Service, a public blockchain for payments.
India’s Income Tax Department may soon target crypto trades and ecosystem Indian entrepreneurs believe crypto tax laws are foundational to mainstream crypto acceptance by governments.
Zabu token price flatlines after $3.2M attack on Avalanche blockchain Zabu confirmed that the attacker successfully pulled out 4.5 billion tokens in Zabu Farm Contract and stole around $600K.
Blockchain-based platform for fractional property ownership launches in India RealX blockchain-based platform allows Indian investors to buy and sell “direct deeded co-ownership” of holiday properties.
Bitcoin transactions ‘akin to bartering,’ Bank of Mexico governor says Governor Díaz de León said Bitcoin resembles “a dimension of precious metals” when compared to the central bank’s fiat money.
OpenSea bug appears to have destroyed nearly $100K in NFTs As a result of the system bug, a total of 42 NFTs were burned in the course of 30 transactions.
El Salvador reportedly fixes crypto wallet after bumpy Bitcoin rollout Chivo Bitcoin wallet was taken down for five hours for maintenance after users reported various issues with the application.
Taiwan police arrest 14 suspects for scamming over 100 crypto investors The Criminal Investigation Bureau has charged the suspects with fraud, money laundering and breaches of the Organized Crime Prevention Act.
Thai SEC intends to revoke operating license of Huobi crypto exchange Huobi’s operations in Thailand have been suspended by local authorities after it allegedly failed to comply with local regulations.