1inch Network concludes $175M Series B funding round
To boost protocol usability and access to liquidity in the decentralized financial industry, 1inch Network has secured a $175 million Series B financing round. According to 1inch Network , the financing round well surpassed the intended objective of $70 million, thanks to strong involvement from top venture funds. Amber Group, a crypto-finance startup, led the […]
Blockchain.com acquires SeSocio to strengthen its footprint in Latin America
SeSocio’s staff will join Blockchain.com, boosting the total number of employees to 400. Blockchain.com , a prominent cryptocurrency wallet and data provider, has acquired SeSocio, a big crypto firm located in Argentina, as part of its Latin American expansion. SeSocio, one of Latin America‘s largest investment platforms, will now unite with Blockchain.com to assist them […]
Iran launches new crypto and blockchain association
Iran’s crypto and blockchain association has begun operations under the auspices of the country’s chamber of commerce. The organization’s leadership intends to help its members overcome challenges while also supporting the adoption of blockchain technology in the sanctioned country’s economy. According to the English-language business newspaper Financial Tribune, the newly-established Iran Blockchain and Cryptocurrency Association […]
Fidelity launches spot Bitcoin ETF in Canada
An exchange-traded fund (ETF) for Bitcoin has been launched by Fidelity Investments, which will allow investors to purchase and sell actual Bitcoin, rather than derivatives. For Bitcoin investors, it’s been a rough trip so far. According to reports, Fidelity Investments, a U.S.-based investment firm, is planning to launch a spot Bitcoin ETF in Canada while […]
China’s central bank hints at monitoring metaverse and NFTs
The People’s Bank of China is after the metaverse and NFTs and wants to follow them using anti-money laundering technologies. According to a recent statement by a People’s Bank of China (PBoC) officer, China’s crypto crackdown is now extending to the metaverse and nonfungible tokens (NFT). Gou Wenjun, director of the PBoC‘s Anti-Money Laundering (AML) […]