Partior Series B funding reaches $80M on Deutsche Bank investment
Deutsche Bank joins fellow investors Peak XV Partners, JP Morgan, Jump Trading Group, Standard Chartered, Temasek and Valor Capital Group.
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Crypto exchange Kraken has ‘no plans’ to delist USDT in Europe for now
Concerns were raised after a Bloomberg article reported Kraken was “actively reviewing” which tokens it could continue to list under the European Union’s upcoming MiCA framework.
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Singapore Bank Giant OCBC Joins JPMorgan’s Blockchain Network
OCBC has become the first Singapore-based bank to join JPMorgan Chase’s interbank blockchain network.According to a Business Times Singapore report on Sept. 20, a total of 134 banks from the Asia-Pacific region are now participants in JPMorgan’s blockchain-powered interbank information network (IIN).OCBC is the second-largest bank in Southeast Asia by assets and among the larger financial institutions…
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Samsung Joins Corporate Giants Reportedly Eyeing Bespoke Crypto
Samsung is another big-name company to consider issuing its own cryptocurrency. Similar stories have already emanated from the likes of Facebook and JPMorgan Chase, with analysts speculating on various use cases for these cryptocurrency tokens.While not yet confirmed officially, a “Samsung Coin” could find application as a payment means on the company’s app store and…
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Washington Utility Stops Accepting Applications for Crypto Mining
A customer-owned utilities company in rural Washington has stopped accepting applications for electricity from crypto mining and similar blockchain operations, the Seattle Times reported July 30. The Franklin Public Utility District commissioners (PUD) have approved a moratorium that will allow time for staff to investigate the impact of cryptocurrency mining on the electrical system before…
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SEC freezes assets of DEBT Box, alleging $50M node license ‘sham’
The United States Securities and Exchange Commission has obtained a temporary asset freeze against Utah-based crypto company Digital Licensing Inc, accusing the firm of perpetrating a $50 million fraudulent crypto scheme.On Aug. 3 the SEC announced it had obtained a temporary asset freeze, restraining order, and other emergency relief against Digital Licensing Inc., which was…
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Bitcoin drops with stocks as analyst warns of banking crisis ‘endgame’
Bitcoin (BTC) slid below $29,000 around the May 4 Wall Street open as United States equities showed jitters over the resurgent banking crisis.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“Too much all at once” for U.S. banksData from Cointelegraph Markets Pro and TradingView showed BTC/USD losing ground as the S&P 500 shed 0.7%.The risk asset comedown…
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Former Investor Sues OneCoin Scheme, Seeks Class Action
Former OneCoin investor Christine Grablis is suing the cryptocurrency investment scheme for fraud, according to a complaint filed on May 7.Grablis is seeking damages and a class action suit to represent other investors purportedly defrauded by OneCoin.The full list of defendants in this lawsuit — Grablis v. OneCoin Ltd. — includes OneCoin Ltd, Ruja Ignatova,…
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Litecoin creator draws parallels between 2021’s NFT and 2017’s ICO mania
Litecoin creator Charlie Lee continues to criticize the NFT industry, seeing the hallmarks of a mania similar to 2017 and even 2013. 1287 Total views 8 Total shares Charlie Lee, the creator of major cryptocurrency Litecoin (LTC), believes that the ongoing spike in popularity of the nonfungible token, or NFT, industry has much in common…