Tech Startup Auradine Raises $80M in Recent Funding Round
Auradine, a technology startup for hardware and software solutions in crypto mining and web infrastructure, raised $80 million in a series B funding round. Celesta Capital, Mayfield Fund, Marathon Digital, newcomers StepStone Group, Top Tier Capital Partners, MVP Ventures, and Maverick Capital contributed to the funding. Mayfield and Celesta Capital led the organization’s prior funding […]
ETH Blockchain Validator P2P.org Hits $7.5B TVL
The Ethereum blockchain validator P2P.org has reached a new growth milestone of $7.5B in total value locked and is introducing a new SaaB model. The company informed Cointelegraph on April 10 that the Ethereum validator’s total value locked (TVL) increased from $5 billion in February to over $7.4 billion in March. P2P.org’s TVL increased by […]
Coinbase Exchange Integrates with Apple Pay in UK
Coinbase said that the Apple Pay integration is part of its efforts to increase the number of crypto holders in the United Kingdom. Following the new integration, Coinbase customers in the UK can now use Apple Pay on their iPhones to buy Bitcoin, Ether, and other digital assets. In Coinbase’s opinion, Apple Pay would enable […]
CCC Australia Calls for More Powers to Confiscate Crypto
Australia-based Crime and Corruption Commission (CCC) has called for reform of Queensland’s Criminal Proceeds Confiscation Act 2002 (CPCA) to counter the illicit use of cryptos. The agency has suggested updating Queensland’s asset confiscation laws to address these legal weaknesses. When seizing cryptocurrencies connected to organized crime, such as money laundering, the CCC questioned the effectiveness […]
Ace Exchange Founder Faces Indictment in Taiwan For Fraud
David Pan, the founder of Ace Exchange, a local cryptocurrency trading platform, is one of six suspects indicted for Fraud by the Taiwanese authorities. According to prosecutors ‘ official announcement, Pan was one of six suspects in an April 8 indictment. The prosecution accused him of fraud and money laundering, resulting in losses of $10.6 […]