Kraken preparing for $100M funding round ahead of possible IPO: Report

Major South Korean cryptocurrency exchange Coinone has partnered with cybersecurity audit company CertiK and disclosures company Xangle to provide more safety and transparency for their crypto investors.Coinone shared news of the recent partnerships in an announcement on Aug. 7. According to their announcement, CertiK and Xangle will provide public disclosure information as well as smart…

The use of the CBDC on the cryptocurrency exchange will enhance security and, it hopes, attract merchants.

On Dec. 2, open interest on Bakkt’s Bitcoin futures reached a new all-time high. This came just a few days after the daily Bitcoin futures trading volume had hit a lifetime high. These back to back trading volume records show an increasing interest from institutional investors but the majority of the crypto community is still…

The Thai Bond Market Association (TBMA) will deploy a blockchain-powered solution on its registrar service platform, local news agency Bangkok Post reports July 28. The new registrar service platform, which is scheduled to be introduced this year, intends to provide a faster bond certificate issuance and, in turn, boost the liquidity of the secondary market,…

Binance, Ripple, and Kraken are hiring, while Coinbase, Gemini, and Crypto.com have announced staff cuts. 75 Total views 6 Total shares Amid the recent volatility in the crypto market affecting investments and stock prices, many firms made significant staff cuts in the last month while others continued hiring.In June, major crypto exchange Gemini was among…

The Ethereum Foundation will pass the donations on to open-source developer teams including Besu, Erigon, Geth, Nimbus and Nethermind. 775 Total views 75 Total shares A group of DeFi projects and U.S. crypto exchange Kraken have donated $250,000 each to the Ethereum Foundation to support client teams working on the Ethereum (ETH) 2.0 upgrade.On Aug.…

The growth in popularity of cryptocurrencies has, in many ways, outpaced the infrastructure built to support it. In terms of security, cryptocurrency exchanges that serve both as a marketplace and a store of the digital assets have become a hacker’s favorite target. Now that the cryptocurrency market has grown to its current capitalization of more…

The seed round was led by Upfront Ventures with participation from Multicoin Capital and Polygon Technology. 225 Total views 9 Total shares Web3 gaming protocol Heroic Story raised $6 million in a seed round led by Upfront Ventures with participation from Multicoin Capital and Polygon Technology, the company announced on Nov. 17.The funds will be…

Altcoins plunged steeply on Feb. 14 after the price of Bitcoin (BTC) achieved a new all-time high above $49,000.The timing of the altcoin market’s drop was noteworthy because it corrected as BTC was rallying, which typically does not happen.So why exactly did altcoins crash?There are two main reasons why the altcoin market pulled back despite…