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Brevan Howard Joins $12M Fundraising Round for Liquid Staking Protocol Alluvial

Software development company Alluvial has raised $12 million in a Series A funding round to further development of Liquid Collective, a liquid staking protocol. Ethereal Ventures and Variant co-led the fund with participation from Brevan Howard Digital, Avon Ventures, Nascent Capital, a_capital, Robot Ventures, Fenbushi, IOSG and Blockdaemon, among others. Original

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BitgetX joins HKVAC as it aims for exchange license in Hong Kong

According to a July 4 announcement, BitgetX, the Hong Kong subsidiary of cryptocurrency exchange Bitget, has joined the Hong Kong Virtual Asset Consortium (HKVAC), which provides ratings services and indices to cryptocurrencies. Launched on May 31 with Huobi as its inaugural member, the HKVAC will produce two indices. The Cryptocurrency Large

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Blockchain Association joins Coinbase in pushing back against SEC over crypto crackdown

The Blockchain Association, a lobbyist group for the U.S. cryptocurrency industry, said the U.S. Securities and Exchange Commission (SEC) chair Gary Gensler should remove himself from enforcing rules on the crypto sector, arguing his public comments have made clear he doesn’t have an impartial approach to the issues.See related article:

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Perpetual DEX Palmswap Joins Forces with Gotbit Ahead of Liquidity Event 

The upcoming Palmswap V2 is an enhanced iteration of the decentralized leveraged trading platform and is set to debut on July 5. Palmswap, a decentralized exchange (DEX) focused on perpetual futures trading, has partnered with crypto market maker Gotbit Hedge Fund in preparation for its upcoming liquidity program scheduled for next

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Valkyrie joins rush with BTC spot ETF application to go with its futures, miners ETFs

Cryptocurrency fund manager Valkyrie is applying for a Bitcoin spot exchange-traded fund (ETF), joining several other financial firms that have filed similar applications with the United States Securities and Exchange Commission (SEC) in the last week. Valkyrie filed an S-1 registration form for a Bitcoin spot ETF with the SEC on June

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