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Bitcoin’s layer 2 scaling solution, Fractal Bitcoin, significantly increased its network security by onboarding one of the largest crypto mining pools. Fractal Bitcoin (FB), a layer 2 scaling solution for the Bitcoin (BTC) network, recently secured a major win in terms of its security. On Thursday, April 24, the project managed to secure Foundry, one … Read more
Coinbase has obtained internal documents from the U.S. Securities and Exchange Commission concerning the agency’s investigation into Ethereum 2.0, following a Freedom of Information Act lawsuit. Paul Grewal, Coinbase’s Chief Legal Officer, announced on X that the SEC disclosed a list of withheld documents. These documents include a May 2022 internal analysis of ETH 2.0 … Read more
Hidden Road has received regulatory approval to operate as a broker-dealer, just days after being acquired by Ripple. As initially reported by Bloomberg, Hidden Road — a non-bank brokerage firm that was recently acquired by Ripple (XRP) — has obtained a broker-dealer license from the Financial Industry Regulatory Authority. The FINRA license enables the firm … Read more
A Bitcoin-denominated life insurance firm regulated by the Bermuda Monetary Authority called meanwhile has secured $40 million in a Series A funding round. The company, whose pioneering product is a Bitcoin (BTC) denominated Whole Life Insurance, announced it raised the funding in a round co-led by venture capital firms fulgur.ventures and Framework Ventures. Fulgur.ventures is … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Japan emerged on Tuesday as the first major economy to secure priority tariff negotiations with Donald Trump, highlighting its status as Washington’s biggest creditor and investor and triggering a 7 per cent surge in Tokyo-listed … Read more
Bitget has secured a key license in El Salvador, joining other crypto firms exploring the country’s growing appeal as a regulated hub for digital assets. Cryptocurrency exchange Bitget has received a digital asset service provider license from El Salvador‘s National Commission of Digital Assets, following its earlier approval for a Bitcoin services provider license earlier … Read more
Canadian Bitcoin mining company Bitfarms secured up to $300 million in private debt from Australian multinational investment firm Macquarie to fund its data center development. Bitfarms has reached an initial agreement for a private debt facility of up to $300 million from Macquarie Equipment Capital to support its Panther Creek data center project in Pennsylvania. … Read more
BlackRock has received approval from the UK’s top financial markets regulator, the Financial Conduct Authority, to operate as a crypto asset firm. According to an Apr. 1 report from DL News, the global investment giant managing around $12 trillion in assets will now be able offer its new European Bitcoin (BTC) exchange-traded product in the … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. OpenAI has raised $40bn in new funding from SoftBank and other investors, valuing the ChatGPT maker at $300bn as it becomes one of the best-funded private start-ups in the world. SoftBank was providing 75 per … Read more
Bitpanda has secured a Broker-Dealer licence from the Dubai Virtual Assets Regulatory Authority, marking its first fully licensed expansion outside Europe. The approval enables Bitpanda to offer its digital asset platform to investors in the UAE, giving access to more than 500 virtual assets alongside crypto indices and savings plans. Dubai has positioned itself as … Read more
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