Evmos Reclaims $7.6M in Tokens from Former Co-Founder
Evmos, a Cosmos-backed blockchain, has reclaimed 59.4 million tokens worth $7.6 million from its former co-founder Akash Khosla. The move aims to realign the token distribution and stabilize the project amid token value challenges. This development follows a period of uncertainty and operational disagreements that led to Khosla’s departure last year. The recovered tokens, which […]
Finoa Secures $15 Million in Strategic Funding for Its Crypto Services
Finoa, a European crypto custodian and staking provider, has secured $15 million in a strategic funding round co-led by Maven 11 and Balderton. The round reflects the company’s growth and profitability amid challenging market conditions and its plans to expand its service offerings. Finoa initially aimed to secure $5 to $6 million from its existing […]
More Asset Managers File Updated S-1 Forms for Bitcoin ETFs
Several asset managers, including ARK Invest, 21Shares, Franklin Templeton, and Invesco, have filed updated S-1 forms with the SEC for their spot Bitcoin ETFs. The filings show their readiness and interest in offering crypto investment products. ARK Invest, 21Shares, Franklin Templeton, and Invesco, have filed updated S-1 forms with the United States Securities and Exchange Commission […]
Fox Corp Launches Polygon-based Blockchain Platform Verify
The Fox Corporation and other well-known brands have introduced Verify, a platform that enables businesses to monitor the online usage of their content on the Polygon blockchain. Polygon Labs announced on January 9 that Fox had released the Verify platform, which is utilized by artificial intelligence (AI) companies to “establish the history and origin of […]
Blockchain Association Responds to Sen. Warren’s Crypto Hiring Criticism
The Blockchain Association, a significant nonprofit organization that supports the digital asset environment and economy, has responded to Senator Elizabeth Warren’s criticism of government-related hiring in the cryptocurrency industry. CEO of the Blockchain Association Kristin Smith urged Warren to collaborate on matters such as the participation of government officials in the industry in an open […]