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FTX and FTX.US Looking to Raise New Funds after Acquisition Campaign

FTX and FTX.US Looking to Raise New Funds after Acquisition Campaign

FTX Derivatives Exchange and its American subsidiary FTX.US are exploring options to raise new sets of funds after the duo injected the bulk of the funds in supporting distressed crypto companies.

DeFi Startup Arch Secures $5m from Seed Round, to Achieve 'BlackRock of Web3'

DeFi Startup Arch Secures $5m from Seed Round, to Achieve 'BlackRock of Web3'

Arch Finance, a DeFi startup, has acquired $5 million in funding from a seed round, aiming at becoming the "BlackRock of web3."

Thailand Waives Taxes on Investment Tokens

Thailand Waives Taxes on Investment Tokens

Thailand's cabinet has agreed to waive corporate income tax and VAT for companies issuing investment tokens, encouraging alternative capital raising in addition to conventional methods. The government hopes to generate 128 billion Thai baht from investment token offerings over the next two years.

Africa Web3 Gaming Publisher Carry1st Raises $27M

Africa Web3 Gaming Publisher Carry1st Raises $27M

Carry1st raised $27 million to expand its African publishing and digital content development platform. The additional money will enhance Pay1st's monetization-as-a-service platform. Africa is a fast-growing digital asset market.

Reddit Now Worth $6 Billion after $250 Million Funding Round Amid WSB Mania

Reddit Now Worth $6 Billion after $250 Million Funding Round Amid WSB Mania

Reddit doubles its valuation to $6 Billion after raising another $250 million in a Series E fundraising round just weeks after its subreddit r/WallStreetBets took on Wall Street.

Tackling DeFi Scams: Making Pre-sale Ecosystems Safer

Tackling DeFi Scams: Making Pre-sale Ecosystems Safer

Investors are aware that “rug pull” scams have negatively affected the reputation of the DEFI/DEX space in recent times. But liquidity protocols could be an effective solution.

ECB is Raising the Bar with its Crypto Surveillance

ECB is Raising the Bar with its Crypto Surveillance

European Central Bank: Increase Crypto Monitoring Activities with On-Chain Data

Chainalysis Valued at Over $1 Billion after Raising $100 Million to Expand Regulatory Platform As Crypto Market Surges

Chainalysis Valued at Over $1 Billion after Raising $100 Million to Expand Regulatory Platform As Crypto Market Surges

Blockchain analytics firm, Chainalysis, announced yesterday that it has secured a $100 million Series C financing bringing the company’s valuation to over $1 billion.

TOR Network Vulnerability May Have Facilitated Dark Web Bitcoin Theft

TOR Network Vulnerability May Have Facilitated Dark Web Bitcoin Theft

According to a cybersecurity researcher, Bitcoin thieves and hackers have controlled more exit relays on the Tor network this year than in the past five, raising serious cybersecurity concerns that experts are looking to fix.

US CFTC Charges New York Crypto Trader with Fraud Involving Digital Asset Ponzi Scheme

US CFTC Charges New York Crypto Trader with Fraud Involving Digital Asset Ponzi Scheme

A New York native has been charged with fraud for allegedly scamming $5 million from more than 175 investors using a crypto Ponzi scheme.

Terrorist Groups Use Telegram for Raising Cryptocurrencies

Terrorist Groups Use Telegram for Raising Cryptocurrencies

Terrorist groups, including ISIS, Al-Qaeda, and Hamas, are using several social media platforms, including Telegram, to raise funds via cryptocurrencies.

Shenzhen Warns Against the Resurgence of Illegal Activities Owing to the Promotion of Blockchain Technology

Shenzhen Warns Against the Resurgence of Illegal Activities Owing to the Promotion of Blockchain Technology

The Office of the Leading Group for Special Remediation of Internet Finance Risks in Shenzhen has warned about the seeming resurfacing of illegal activities as a result of interest in cryptocurrency.

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