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Ideogram AI Secures $16.5 Million in Seed Financing Led by a16z and Index Ventures

Ideogram AI Secures $16.5 Million in Seed Financing Led by a16z and Index Ventures

Ideogram AI, an AI company, aims to use generative AI to enhance human creativity. The company has raised $16.5 million in seed financing, with participation from venture capital firms and industry experts. Ideogram AI is seeking talent in engineering, research, design, and operation, based in Toronto.

Binance Faces Lawsuit Over Alleged Support for Hamas in Israel Attack

Binance Faces Lawsuit Over Alleged Support for Hamas in Israel Attack

Three families of victims from the Hamas attack on Israel have filed a lawsuit against Binance, its former CEO Changpeng Zhao, Iran, and Syria, alleging their support for terrorism. The suit claims these parties provided substantial assistance to Hamas, spotlighting the challenges of regulating cryptocurrency in combating terrorism financing.

MoneyBox Raises £35m with Plans to Launch ‘Crypto-Investing’

MoneyBox Raises £35m with Plans to Launch ‘Crypto-Investing’

MoneyBox is getting ready to launch its crypto trading service later this year. The firm has announced a $35 million seed funding round to help it accelerate the plan.

Espresso Systems Raises $32M in Seed Funding, Bringing Scaling & Privacy Solutions to Web 3

Espresso Systems Raises $32M in Seed Funding, Bringing Scaling & Privacy Solutions to Web 3

Espresso Systems is developing right solutions to address the technical and log-jam issues that prevent the advantages of Web3 scalability and privacy.

Bitcoin Miner Iris Energy Signs Share Purchase Agreement with B. Riley

Bitcoin Miner Iris Energy Signs Share Purchase Agreement with B. Riley

The issuance of new shares is meant to help Iris Energy strengthen its capital base to support its Bitcoin mining operations amid the market downturn.

Singapore-based ADDX Raises $58m in Pre-Series B Round

Singapore-based ADDX Raises $58m in Pre-Series B Round

Digital securities token exchange ADDX raised $58 million in a Pre-Series B round on Tuesday.

U.S. Intensifies Sanctions on Hamas, Targeting Crypto Assets

U.S. Intensifies Sanctions on Hamas, Targeting Crypto Assets

The U.S. Treasury has imposed sanctions on Hamas, a Palestinian terrorist group, following their attack on Israel, focusing on their use of cryptocurrency assets. The sanctions include sanctions on officials, a Gaza-based crypto exchange, and individuals involved in Hamas' financial operations.

Joint Sanctions by U.S., UK, Australia Target Hamas's Crypto Financing Networks

Joint Sanctions by U.S., UK, Australia Target Hamas's Crypto Financing Networks

The U.S., UK, and Australia have imposed a fifth round of sanctions targeting Hamas's cryptocurrency transfer networks, aiming to disrupt the financial infrastructure that supports terrorist activities in Gaza.

EU Proposes Cap on Anonymous Crypto Transfers

EU Proposes Cap on Anonymous Crypto Transfers

The European Union is proposing a 1,000 euro cap on anonymous crypto transfers to combat money laundering and terrorist financing. The limit would apply to transfers when a customer cannot be identified, and the proposal also caps cash transactions at 7,000 euros. The Anti-Money Laundering and Countering the Financing of Terrorism package is expected to be confirmed in April.

Irreverent Labs Raises $40m in Funding, Led by a16z

Irreverent Labs Raises $40m in Funding, Led by a16z

Seattle startup Irreverent Labs has once again raised $40 million in funding led by Silicon Valley heavyweight investment firm a16z.

NFT Startup Mojito Secures $20M Funding with Sotheby's Backed

NFT Startup Mojito Secures $20M Funding with Sotheby's Backed

Mojito, a Non-Fungible Token (NFT) startup has raised the sum of $20 million from investors, the chief of whom is the legacy art auction house, Sotheby’s.

Coinbase Seeks to Raise $1.5B Senior Notes to Power its Product Development

Coinbase Seeks to Raise $1.5B Senior Notes to Power its Product Development

Coinbase seeks to sell out $1.5 billion worth of Senior Notes to power its product development drive.

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