Hong Kong-based app-maker Meitu's originally outlined goal to invest $100 million in cryptocurrency has been achieved. In a disclosure filing Thursday, the publicly-traded company said it purchased another 175 BTC to reach the $100 million mark it set for itself in its Cryptocurrency Investment Plan...
Equilibrium, a Polkadot-based interoperable decentralized finance (DeFi) project, has raised $2.5 million in Series A funding. The funds were raised via a token sale, Equilibrium CEO Alex Melikhov told The Block. Investors, including CMS Holdings, KR1, Signum Capital, AU21 Capital, and Genesis Block...
Ledger and Shopify, which handles the online sales of Ledger's wallets, have been hit with a class action over last year's data breach. Ledger produces some of the most popular cold wallets on the market. The summer of 2020 saw news spread of phishing attacks against Ledger users, with the firm ulti...
Immutable, the startup behind the Ethereum-based trading card game Gods Unchained, has launched the first phase of its Layer 2 scaling protocol, dubbed Immutable X. Immutable X aims to solve one of the primary economic issues facing non-fungible tokens (NFTs): the high cost of minting and transactin...
NYDIG, the New York-based crypto investment firm, has secured another $100 million just one month after announcing a $200 million fundraise. The additional cash comes from strategic partners, including insurance firms Starr Insurance, Liberty Mutual Insurance and other property and casualty-focused ...
Nasdaq-listed bitcoin mining firm Riot Blockchain is set to acquire rival Whinstone for $651 million. Announcing the news on Thursday, Riot said it has signed a definitive agreement with bitcoin mining hosting facility Whinstone for the deal, a mix of cash and stock. Riot will pay Whinstone owner No...
U.S. banking giant State Street, with over $3 trillion worth of assets under management, is helping build a cryptocurrency trading platform for institutions. State Street's Currenex unit has partnered with Arcane Crypto-backed Pure Digital for the initiative. (Currenex provides technology to institu...
Chinese island province Hainan is said to be piloting digital yuan from April 12 to 25. The Industrial and Commercial Bank of China's Hainan branch, the People's Bank of China's Haikou branch, and Sansha city's municipal government will conduct the pilot, 21st Century Business Herald reported Wednes...
Coinme, the second-largest bitcoin ATM operator in the United States, has obtained the proper licensure to offer its services in Florida, according to a company statement. The company will now place 300 machines in grocery stores across the state through its partnership with Coinstar, the physical ...
The crypto market-making firm Jump Trading is working on a new initiative that aims to decentralize real-time trading data. Jump's involvement in the Pyth Network was discussed during a new episode of its "The Jump Off Point" podcast, published on April 7. During the episode, president and chief inv...

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