Thai SEC claims CTO of Bitkub engaged in insider trading
The Thai financial regulator stated that Mr. Wajanasathian’s actions were illegal since they constituted the purchase of KUB coins by someone who had inside knowledge or information. The Thai Securities and Exchange Commission (SEC) has launched enforcement actions against Bitkub’s chief technology officer for allegedly exploiting insider knowledge to buy Bitkub Coin (KUB). The SEC […]
Russian may soon permit crypto payment for imports – PM
The Russian prime minister stated that the country is making plans to consider using cryptocurrencies for imports following in the footsteps of Iran. At a Tuesday strategic meeting on the advancement of the domestic financial system, Russian Prime Minister Mikhail Mishustin stated that the adoption of digital assets is required as a “secure alternative” for […]
Flare Network, Lena Instruments partner to launch crowdfunding mechanism
Lena Instruments, and Flare Network have partnered to build a crowdfunding system that reduces the risks involved in investing in startups and allows investors to allocate a portion of their rewards into funding startups. Lena Instruments unveiled a “CloudFunding” launchpad that enables Flare network investors to invest a portion of their earned returns in fresh […]
Animoca Brands to raise $100M in funding led by Temasek
Singapore state investor Temasek will lead a $100 million funding round for blockchain venture Animoca Brands using convertible bonds. As major government-affiliated corporations apparently continue to bet on significant sector participants, the venture capital market for the cryptocurrency industry is reportedly holding strong despite the crypto winter. According to a Tuesday Bloomberg story, the $100 […]
Xterio and FunPlus Partnership Raises $40M
Makers Fund, FTX Ventures, and XPLA all led the round. Xterio plans to unveil its blockchain partner in the coming weeks. In a funding round led by game developer and Xterio partner FunPlus, FTX Ventures, and blockchain gaming platform XPLA, Xterio raised $40 million. The money will be used to make games and build up […]