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“With this license, we show that we are a reputable company, and we have the freedom to act as virtual currency issuers to make financial transactions of our stablecoin in our wallets,” Pablo de Mello, partner and commercial director at CloudWalk, told CryptoX. Source
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The announcement comes as DOGE surged 102% in October Source
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Solot was the former partner at crypto fund Tagus Capital and has also worked at private investment bank Brown Brothers Harriman and has also worked with the International Monetary Fund. Arasaratnam, a 17-year financial services veteran, has recently worked at food startup M-EAT and online shopping platform The Chapar. Original Source
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In August, the firm launched the $300 million CoinFund Ventures I fund to invest in crypto companies gaining commercial traction in a sector with a large total addressable market, David Pakman, CoinFund managing partner and venture investing head, told CryptoX at the time. Source
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Crypto wallet Braavos has raised a $10 million in a funding round led by crypto-focused investment giant Pantera Capital. Other investors included Road Capital, BH Digital, DCVC, Crypto.com, Matrixport, and StarkNet creator Starkware, which itself was valued at $8 billion during a $100 million funding round in May. Original Source
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A hybrid middle ground between Web 2.0 and Web 3.0 is necessary before full Web 3.0 integration, argued Jehan Chu, co-founder and managing partner of blockchain venture capital firm Kenetic Capital, adding that “it’s not the fully decentralized future we were promised, but it’s the one we’re going to get
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The crypto winter that began in early 2022 has resulted in several financial issues, including Bitcoin mining firms. Many crypto firms have
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The use of blockchain technology in finance will have an impact similar to that of YouTube on the media industry, said Lee Jun-haeng, CEO of South Korea-based crypto financial company Streami.See related article: Fifth S.Korean crypto exchange crosses regulatory finish lineFast factsHe was speaking at Blockchain Week on Friday in
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PGI Global UK has been shut down after allegedly scamming would-be investors of around $709,000 between July 2020 and February 2021. Source
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A Hong Kong-headquartered crypto investment platform, Q9 Capital, received provisional virtual asset approval from Dubai’s Virtual Asset Regulatory Authority (VARA). The company announced its expansion to the UAE and applied for a full operating license as well. According to its press release from Oct. 27, Q9 will establish a regional hub
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