Earlier this week, reports emerged that Polish authorities had arrested Dmitri Vasiliev, the founder of crypto exchange WEX, in Warsaw. Yesterday, as authorities officially confirmed that Vasiliev was in custody, $30 million in ether (ETH) started moving out of a wallet associated with WEX.  However...
Crypto asset management firm Osprey Funds has launched a Polygon trust product for private placement. The product will offer exposure to MATIC, the native token used on Polygon, an Ethereum Layer-2 blockchain network. Osprey said it is the first investment product in the U.S. to invest exclusively i...
The U.S. Treasury’s Office of Foreign Asset Control has announced a new round of sanctions targeting over-the-counter crypto exchange Suex. Formally registered in Prague, but with physical offices in Moscow and St. Petersburg, government officials said on September 21 that Suex has facilitated casho...
Former Monero lead maintainer Riccardo Spagni has been released from jail, according to a tweet today. He was held there for weeks after being arrested in connection with a court case in South Africa. "I am very pleased that the U.S. court has released me. I am actively working with my attorneys on ...
Compass Mining, a bitcoin mining hardware marketplace and hosting services provider, has launched a new service that lets retail miners mine bitcoin at their homes. The service includes delivering bitcoin mining machines at customers' homes, helping connect those machines with the F2Pool mining pool...
BitClout creator, who goes by the pseudonym Diamondhands, has today revealed his identity with the launch of a new blockchain network dubbed "Decentralized Social" (DeSo). He is Nader Al-Naji, who founded the stablecoin startup Basis — which shut down in 2018 citing regulatory constraints and return...
London-based open banking firm TrueLayer has closed a $130 million fundraise led by Tiger Global Management. Stripe, the payments firm recently valued at $95 billion, also invested in the round, according to an announcement. The raise gives TrueLayer a valuation of over $1 billion, vaulting the star...
Sorare, a soccer-focused NFT trading platform, has announced a $680 million Series B fundraise led by SoftBank. Rumours of the investment have been swirling since May of this year. Now finalized, the investment values Sorare at $4.3 billion. Atomico, Bessemer Ventures, D1 Capital, Eurazeo, IVP and L...
People's use of digital advertising has shifted dramatically; thanks to blockchain technology, the marketing industry experienced a new revolution. With this new change, marketing will have more transparency and authenticity in terms of the items given by companies, and individuals will be able ...
Monday morning, amid the bustle of the Mainnet 2021 crypto conference in New York, an attendee tweeted that he had witnessed an event speaker being "served by the SEC" before they were set to take the stage.  The post set off a wave of speculation about the veracity of the claim, the recipient of th...

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