Google Cloud launches a digital assets team to boost blockchain adoption
In a bid to foster blockchain adoption, Google Cloud has formed a digital assets team that aims to accelerate customers efforts in the emerging blockchain and crypto spaces. Yolande Piazza, Google Cloud’s VP Financial Services, announced on Thursday that the company has formed a Google Cloud digital assets team to help clients create, trade, store […]
Apifiny to go public via $530M deal with Abri SPAC
After a merger with Abri SPAC I, a special purpose acquisition company, Apifiny Group Inc said Thursday that it is going public. Once the $530 million deal concludes in the third quarter of 2022, Apifiny is planned to be listed on NASDAQ. The San Francisco-based company, which was founded in 2018, brings together several parts […]
Blockdaemon, a crypto infrastructure firm raises $207 million at a valuation of $3.25B
Despite the crypto market’s current sea of red, unicorn valuations persist, with Blockdaemon being the most recent example. After a $207 million Series C led by Sapphire and Tiger Global on Wednesday, Blockdaemon claimed it had a $3.25 billion post-money valuation. In its September 2021 Series B, Blockdaemon was valued at $1.3B The company offers […]
Florida Office of Financial Regulation (OFR) Issues Warning About DeFi
Florida Office of Financial Regulation (OFR) warns that DeFi is still in its infancy, is extremely volatile, and is mostly driven by psychological considerations rather than investment fundamentals Warning About Decentralized Finance (DeFi) The Florida Office of Financial Regulation (OFR) has issued a warning concerning companies that offer lending, banking, and investment services based on […]
Russian tech and political execs slam crypto ban proposal
Several Russian CEOs have voiced dissatisfaction with the country’s recent decision to prohibit crypto-related transactions and mining. Russia seemly isn’t pleased with the ban Telegram’s CEO and co-founder Pavel Durov, as well as Russian opposition leader Alexei Navalny’s right-hand Leonid Volkov, both went to Telegram to oppose the central bank’s plan, which calls for a […]