Parfin Raises $10M in Series A Funding
In its Series A round, blockchain firm Parfin raised $10 million to expand globally and bridge blockchain and traditional finance. Parfin, a blockchain infrastructure company supported by Mastercard, has raised $10 million after successfully closing the first tranche of its Series A fundraising . The firm published a press release stating that Framework Ventures, L4 […]
Russia’s Minfin Considers Launching Domestic Crypto Exchange
Russia’s central bank and finance ministry are discussing the creation of a domestic cryptocurrency exchange. Russia’s top financial officials are battling unresolved issues as the nation investigates the creation of its cryptocurrency trading platforms in an effort to avoid the effects of international sanctions. The ongoing conversations between the Ministry of Finance and the Bank […]
Bybit Unveils New Listing Framework
In an effort to strengthen user protection, Bybit has introduced a thorough new listing and delisting system for cryptocurrencies. The adjustments were revealed by the exchange, which is the second-largest in the world based on trading volume, in a press release dated August 13. Bybit added that it has listed 151 new tokens in 2024 […]
Coinbase Teases Wrapped Bitcoin Token WBTC Amid Concerns
After hinting at a new wrapped Bitcoin product called “cbBTC,” Coinbase has stirred up the cryptocurrency market. The announcement was made on August 14th, via Coinbase’s official X account. The post merely said “cbBTC” and included a “coming soon” remark. In a later article, Jesse Pollak, the head of Coinbase’s layer-2 network Base, expressed his […]
Coinbase Returns to Hawaii Amid Improved Regulations
Coinbase, the largest publicly traded crypto exchange in the U.S., has officially launched its services in Hawaii. This action comes in the wake of recent regulatory adjustments made by the Hawaii Department of Commerce and Consumer Affairs Division of Financial Institutions, which have clarified things for cryptocurrency companies doing business in Hawaii. Due to new […]