SPAC Raises $115 Million In Nasdaq IPO
After an over-allotment round, the Aura FAT SPAC listed on Nasdaq and ended its IPO with $115 million in funds. Aura FAT Projects Acquisition Corp. (AFARU), a Nasdaq-listed special purpose acquisition company (SPAC), has raised $115 million in its IPO, with a focus on crypto industry assets. According to an April 19 announcement from the […]
Report Reveals Australia’s First Bitcoin ETF Could Attract $1 Billion After Launch
When the Cosmos Asset Management Bitcoin ETF launches on ASX Clear next week, Australian investors will be able to trade the country’s first Bitcoin spot ETF. Financial regulators have approved Australia’s first Bitcoin ETF, which will begin trading on April 27 and could see up to $1 billion in inflows, according to the Australian Financial […]
Monero Becomes The Preferred Crypto As Ransomware Attacks Increase By 500%
In 2021, a surge in ransomware has also resulted in an increase in Monero usage as a payment method, as more criminal groups prefer only XMR. According to a new report by blockchain analytics firm CipherTrace, privacy-focused cryptocurrencies such as Monero are playing an increasing role in the rising tide of ransomware. “Current Trends in […]
Blockchain.com Plans 2022 IPO
If Blockchain.com can complete an IPO before Binance.US, it will be the second crypto exchange to go public in the United States. Blockchain.com, a cryptocurrency exchange, and block explorer has begun discussions with American banks about holding an initial public offering (IPO ) as soon as this year. According to Bloomberg on April 19, sources […]
New York State Orders BitLicensed Crypto Firms To Pay Annual Assessment Fees
The fees will be comparable to those paid by banks and insurance companies, allowing the state to recoup operating expenses and support the virtual currency industry. The cost of operating a crypto business in New York is about to increase, as the state government is preparing to require BitLicense holders to pay assessment fees to […]