Crypto focused SPAC raises $115M in Nasdaq IPO
The Aura FAT SPAC listed on Nasdaq and ended its IPO with $115 million in funds after finishing an over-allotment round. Aura FAT Projects Acquisition Corp. (AFARU), a special purpose…
Australia’s first Bitcoin ETF could attract $1 billion after launch next week
Australian investors will be able to trade its first Bitcoin spot ETF starting next week when the Cosmos Asset Management Bitcoin ETF launches on ASX Clear. Financial regulators have greenlit…
Optimism-based projects spike on rumors of token airdrop
“We’re nearing the end of a chapter and the beginning of the next — one driven by community ownership and governance,” noted Optimism. The native token prices from multiple projects…
Monero crypto of choice as ransomware ‘double extortion’ attacks increase 500%
A surge in ransomware in 2021 has also resulted in a surge in Monero usage as the method of payment as more criminal groups want only XMR. A new report…
Agent Smith says Secret Service seized $102M in crypto in 254 cases since 2015
The U.S. Secret Service says the immutable and transparent aspect of the blockchain ledger allows the agency to track transactions made by criminals easier than cash in some cases. A…
More volatile than Bitcoin? Netflix shares plunge 25%
The streaming service’s stock price took a major hit after releasing disappointing user numbers, making some in the crypto community cry foul at the volatility. The stock market has once…
400 new projects and 100K new wallets in a month on Cardano
The number of ADA wallets has increased by 100,000 since March 22, with the total figure standing at 3.268 million as of April 19. Activity on the Cardano (ADA) blockchain…
US Secret Service Has Seized Cryptocurrency Worth Over $102 Million in 254 Fraud Cases
The U.S. Secret Service has seized cryptocurrency worth more than $102 million in 254 fraud-related investigations. “What criminals want to do is sort of muddy the waters and make efforts…
US Lawmaker Urges Biden Administration to Develop ‘Robust Strategy’ to Prevent Crypto Use to Evade Sanctions
A U.S. lawmaker has urged the Biden administration to develop a “robust strategy” to prevent cryptocurrency from being used to evade sanctions. “Emerging technologies like cryptocurrency offer many positive applications…
Robinhood Begins European Expansion, Acquiring Regulated UK-Based Crypto Firm Ziglu
Nasdaq-listed trading platform Robinhood is acquiring Ziglu, a London-based electronic money institution and crypto asset firm. The acquisition is part of Robinhood’s international expansion plan. Robinhood “sees a big opportunity…
Gensokishi Online Project Announces Decision to List MV Token on KuCoin and Campaign
PRESS RELEASE. GensoKishi are excited to announce that $MV ( MV(Polygon)/USDT trading pair) will list on KuCoin at 2022-04-20 18:00 (UTC), a leading cryptocurrency exchange in the world. GensoKishi are…
Crypto startup Blockchain.com planning 2022 IPO
Blockchain.com would be just the second crypto exchange to go public in the U.S. if it can perform an IPO before Binance.US. Crypto exchange and block explorer Blockchain.com has begun…
Congress tells SEC redefining long-standing concepts would be bad for digital ecosystem
Republican House Financial Services Committee members are resisting proposed changes to the 1934 Exchange Act in a letter to the SEC. Ranking member of the United States House Financial Services…
Framework Ventures allocates half of $400M fund to Web3 gaming
Like DeFi in 2020, gaming is considered by many to be the next major growth play for the blockchain industry in 2022. Crypto-focused venture firm Framework Ventures has raised $400…
IMF global financial stability report sees complex roles for cryptocurrency, DeFi
Decentralized finance offers a mix of risks and benefits as it forms interconnections with traditional finance, the International Monetary Fund finds in a new report. According to the International Monetary…