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Elizabeth Wilson

Crescendo Leads Line Next in a $140 Million Funding Round

Crescendo Leads Line Next in a $140 Million Funding Round

December 14, 2023 by Elizabeth Wilson

In an advanced communication, a Japanese Web3-based platform, Line Next, generated $140 million in a funding round led by Crescendo Equity Partners. The multi-million investment was ranked among the largest capital raised by an Asian blockchain company. In the report, the Line…

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US Lawmakers Supports Senator Elizabeth Warren’s Bill for Digital Assets

US Lawmakers Supports Senator Elizabeth Warren’s Bill for Digital Assets

December 12, 2023 by Elizabeth Wilson

As the investors lament the loss of substantial funds in crypto investment, Massachusetts senator Elizabeth Warren has stepped up her game to intensify anti-crypto movements. For years, Senator Warren has remained at the forefront of safeguarding the crypto and finance industry from…

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South Korea, Japan, US Security Advisors Seeks to Address North Korean Crypto Thefts

South Korea, Japan, US Security Advisors Seeks to Address North Korean Crypto Thefts

December 11, 2023 by Elizabeth Wilson

The rise of hacking activities linked to North Korean illicit groups has attracted the attention of global regulators to safeguard crypto investors from losses. In an advanced report, the national security officials from South Korean, the United States, and Japan held a…

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El Salvador Launches ‘Freedom Visa Program’ for Foreign Investors

El Salvador Launches ‘Freedom Visa Program’ for Foreign Investors

December 9, 2023 by Elizabeth Wilson

The desire to become the burgeoning Bitcoin hub in Central America has inspired El Salvador to explore ways to attract more foreign investment. In a December 7 update, the Salvadorian authority launched an “Adopting El Salvador Freedom Visa Program” to invite forward-thinking…

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Babylon Raises $18 Million in Funding Round Led by Polychain Capital

Babylon Raises $18 Million in Funding Round Led by Polychain Capital

December 7, 2023 by Elizabeth Wilson

In an official communication, the prominent Bitcoin-oriented marketplace Babylon generated $18 million in a Series A funding round. The successful fundraising was led by the leading investment company in San Francisco, Polychain Capital, in collaboration with Hack VC. Other participants included in…

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Nubank Join Forces with Talos to Offer Cost-Effective Crypto Services in Brazil

Nubank Join Forces with Talos to Offer Cost-Effective Crypto Services in Brazil

December 6, 2023 by Elizabeth Wilson

In an advanced communication, the largest digital bank by market value in Brazil, Nubank, sealed a partnership agreement with the prominent trading platform for institutional clients Talos. The two partners agreed to evaluate practical ways to reduce the cost of trading digital…

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Israel Leverages AI Technology in Airstrike Targets

Israel Leverages AI Technology in Airstrike Targets

December 5, 2023 by Elizabeth Wilson

As the Israeli and Hamas conflict intensifies, the militant has embarked on a journey to explore effective mechanisms to suppress Palestinian activities. In an advanced communication, the Israeli Defense Force (IDF) revealed plans to launch AI-powered tools to support the military to…

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Australian Regulators Seeks to Address Crypto Scams

Australian Regulators Seeks to Address Crypto Scams

December 1, 2023 by Elizabeth Wilson

In a recent publication, Australia’s Department of the Treasury revealed plans to levy new codes and business standards to address financial crime. The regulatory agencies formulated a consultation paper detailing the new approach for mitigating consumer and business scams. The report mirrors…

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Wormhole Nets $225M in a Funding Round Led by Brevan Howard

Wormhole Nets $225M in a Funding Round Led by Brevan Howard

November 30, 2023 by Elizabeth Wilson

In advanced communication, the famous messaging protocol Wormhole raised approximately $225 million from a funding round led by the European investment company Brevan Howard. Other participants in the successful fundraising included Coinbase Ventures, ParaFi, Arrington Capital, Borderless Capital, and Jump Trading. The…

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Fireblocks Debuts New Trading Exchange for Institutional Clients

Fireblocks Debuts New Trading Exchange for Institutional Clients

November 29, 2023 by Elizabeth Wilson

In a November 28 update, the renowned Multi-party computation (MPC) wallet provider Fireblocks was debuting a new trading system, Off Exchange, for institutional clients. The Fireblocks team confirmed that the new trading platform will leverage emerging technologies to allow institutional customers to…

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BitMEX Founder Describes US Treatment on Outgoing Binance CEO as ‘Absurd’

BitMEX Founder Describes US Treatment on Outgoing Binance CEO as ‘Absurd’

November 28, 2023 by Elizabeth Wilson

In the recent turn of events, the world’s largest crypto exchange by daily trading volume, Binance, has battled a series of legal charges due to non-compliance. The legal peril facing Binance and the recent multi-million settlement with the US regulatory agencies has…

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Circle Teams Up with SBI Holdings to Promote Stablecoin Adoption in Japan

Circle Teams Up with SBI Holdings to Promote Stablecoin Adoption in Japan

November 28, 2023 by Elizabeth Wilson

In an advance communication, the prominent stablecoin issuer Circle sealed a partnership agreement with the Japan-based financial institution SBI Holdings to push for mainstream crypto adoption. The two partners agreed to combine forces to increase USDC and Web3 services adoption in Japan….

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Bitcoin Developer Blames VC-Funded Lightning Firms for Failing to Fix Security Bugs

Bitcoin Developer Blames VC-Funded Lightning Firms for Failing to Fix Security Bugs

November 27, 2023 by Elizabeth Wilson

In readiness for the fourth Bitcoin halving, crypto firms are exploring ways to maximize their profits before April 2024, when the reward for mining BTC will be reduced by half. The attempt to solve the complex puzzle revolving around the upcoming Bitcoin…

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Zipmex Suspends Trading and Depository Services in Thailand

Zipmex Suspends Trading and Depository Services in Thailand

November 26, 2023 by Elizabeth Wilson

As global regulators seek to provide comprehensive regulations for digital assets, most crypto exchanges have prioritized improving their compliance level to operate as regulated entities. On Friday, November 25, the prominent crypto exchange in Singapore, Zipmex, took strategic action to meet the…

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Wallet of Satoshi Exits US Market, Removes Application from IOS and Android App Stores

Wallet of Satoshi Exits US Market, Removes Application from IOS and Android App Stores

November 25, 2023 by Elizabeth Wilson

The prominent lightning wallet provider Wallet of Satoshi (WoS) has suspended its services in the US. In an advanced communication, the WoS claimed to have removed its application from Apple and Google app catalogs, marking a dramatic exit from the US market….

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UK Regulators Urges Asset Managers to Invest in Tokenization of Funds

UK Regulators Urges Asset Managers to Invest in Tokenization of Funds

November 25, 2023 by Elizabeth Wilson

With the changes in the financial ecosystem, tokenization has emerged as a developing trend seeking to redefine most industries. The astounding growth of the tokenization of assets has challenged investment managers in the United Kingdom to engage regulatory agencies in supporting the…

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Adobe Acquires Rephrase.ai. to Expand its AI Capabilities

Adobe Acquires Rephrase.ai. to Expand its AI Capabilities

November 24, 2023 by Elizabeth Wilson

In an exciting turn of events, the team behind Photoshop Adobe System entered into a merger and acquisition deal with the Indian-based artificial intelligence company Rephrase.ai. The acquisition of Rephrase.ai aimed at enabling Adobe Systems to expand its AI capabilities. Adobe Acquires…

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Hackers Exploits KyberSwap’s Elastic Liquidity Pool Heisting Assets Worth $48 Million

Hackers Exploits KyberSwap’s Elastic Liquidity Pool Heisting Assets Worth $48 Million

November 23, 2023 by Elizabeth Wilson

In an advanced communication dated November 23, the prominent Ethereum-powered decentralized exchange (DEX) KyberSwap was hit by a malicious attack. The announcement revealed that the attackers compromised the KyberSwap Elastic Pools Liquidity Solution (EPLS) to heist around $48 million. The Elastic pools…

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OpenAI Engages in ‘Intense Discussions’ to Halt Exodus of Key Employees

OpenAI Engages in ‘Intense Discussions’ to Halt Exodus of Key Employees

November 22, 2023 by Elizabeth Wilson

The departure of Sam Altman from OpenAI has exposed the tech company to potential career gaps as more employees threaten to step down. In a recent update, the OpenAI core team demanded the board to reconsider its decision and return Altman. In…

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Bittrex Global to Wind Down Operation in December

Bittrex Global to Wind Down Operation in December

November 21, 2023 by Elizabeth Wilson

As the legal peril against non-compliant firms intensifies, crypto firms have taken strategic action to comply with the US Securities and Exchange Commission (SEC). Despite the efforts to meet the regulatory requirements, the ongoing SEC crackdown on crypto firms has forced vital…

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Name	Price	24H (%)
Bitcoin (BTC)	$90,826.00	-0.25%
Ethereum (ETH)	$2,989.06	-1.65%
Tether (USDT)	$1.00	0.00%
XRP (XRP)	$2.21	1.04%
BNB (BNB)	$873.81	-1.60%
Cardano (ADA)	$0.416270	-0.89%
Chainlink (LINK)	$12.99	-1.30%
Litecoin (LTC)	$84.18	-0.50%
Uniswap (UNI)	$6.05	-1.75%
Polkadot (DOT)	$2.26	-1.61%