UK Gambling Commission launches an investigation into Sorare
The Gambling Commission in the United Kingdom has launched an inquiry into fantasy NFT soccer game Sorare, to determine if the platform is required to have a gambling license. “The Gambling Commission is currently carrying out enquiries into the company to establish whether Sorare.com requires an operating license or whether the services it provides do […]
Russian Ministry of Energy considers new energy tariffs for crypto miners
The Russian Ministry of Energy is considering introducing a special electricity tariff for bitcoin miners, following an influx of business into the country as a result of China’s crackdown. According to local news outlet RBC, Russian Energy Minister Nikolai Shulginov revealed on Wednesday that the authority is working on a new framework to separate prices […]
Ethereum Virtual Machine Aurora raises $12M in its first funding round
Aurora, an Ethereum Virtual Machine (EVM) built on the Near protocol, has raised $12 million in its debut funding round. The fund will be used to enhance cross-chain capabilities. Pantera Capital and Electric Capital were among the roughly 100 venture capitalists who took part in the round. Aurora will use the funding to enhance cross-chain […]
Tiger Global leads a $298 million funding round for TradingView
TradingView, a price charting platform that benchmarks the price movements of cryptocurrencies and other assets, has raised $298 million in a funding round, valuing the company at $3 billion. The money, led by TradingView’s new investor, Tiger Global, comes after the platform’s user base , which is largely retail investors, grew rapidly during the pandemic. […]
Binance hires a new chief regulatory liaison officer
Binance hires Mark McGinness, the former head of international relations at the Dubai Financial Services Authority (DFSA), to become its chief regulatory liaison officer. McGinness will assist in Binance’s effort for stronger ties with regulatory agencies around the world, according to an announcement released on Thursday. McGinness is the newest addition to the Binance team, […]