Affine Protocol Raises $5.1M From Industry Heavyweights to Develop DeFi Yield Offering
The round was led by Jump Crypto and Hack VC and included contributions from Circle Ventures and Coinbase Ventures. Source
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Offering
Nvidia Swaps Sides from Opposing Microsoft to Offering ‘Full Support’ for Regulatory Approval of Activision Blizzard Acquisition
Microsoft is expanding its gaming unit to pacify opposers and prevent the Activision Blizzard takeover from being obstructed. After initially opposing tech giant Microsoft (NASDAQ: MSFT) over acquiring video game company Activision Blizzard (NASDAQ: ATVI), software company Nvidia (NASDAQ: NVDA) has allied with Microsoft to bring Xbox PC games to its
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Arbitrum-Based Factor Raises $4M on First Day of Token Offering
Factor allows users to provide asset management services to communities without learning complex code for deploying such tools. Original Source
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Kraken Winds Down Staking Program, Pays $30 Million to Settle Unregistered Offering of Staking Services Case With SEC – Regulation Bitcoin News
Kraken, a U.S.-based cryptocurrency exchange, has agreed to wind down its cryptocurrency staking program as part of an arrangement with the U.S. Securities and Exchange Commission (SEC) to settle for the unregistered offer of its staking services. The exchange will also pay $30 million in disgorgement, prejudgment interest, and civil
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SEC to up scrutiny of firms offering or giving advice about crypto
Crypto brokers and investment advisors offering or giving advice about cryptocurrencies will be put under the scope of the United States' securities watchdog this year.A Feb. 7 statement from the Securities and Exchange Commission’s (SEC) Division of Examinations outlined its priorities for 2023, suggesting brokers and advisers dealing in crypto
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DekaBank Selects Swiss Crypto Specialist Metaco to Steer Digital Asset Offering
“Digital assets are a critical part of the future, a radical new way for how assets will be represented, from currencies to real estate," said Andreas Sack, DekaBank's product owner for digital assets custody. "Today we make another important step towards laying the foundation for giving our institutional investors and
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Crypto-friendly Stripe weighs public offering: Report
Internet payment processor Stripe is reportedly eyeing a public offering and has set a 12-month timeline to explore the possibility.Stripe has hired Goldman Sachs and JPMorgan Chase to advise on the feasibility and timing of a public-market debut, according to a Jan. 26 report by The Wall Street Journal. A
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Nexo Agrees to Pay $45 Million to SEC and State Regulators for Unregistered Offering of Earn Interest Product – Bitcoin News
The cryptocurrency lender, Nexo, has agreed to pay $45 million to the U.S. Securities and Exchange Commission (SEC) and several state regulators after charges were levied against the firm for failing to register the company’s Earn Interest Product (EIP). Nexo detailed that the settlements are on a “no admit, no
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SEC Charges Genesis and Gemini for Offering and Selling Unregistered Securities
The SEC also revealed that Genesis and Gemini generated assets worth hundreds of dollars from hundreds of thousands of investors.On the 12th of January, the US Securities and Exchange Commission (SEC) charged crypto exchange Gemini and crypto lending firm Genesis Global Capital with offering and selling unregistered securities. Both companies
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Marex Solutions Issues Coinbase-Linked Structured Product Offering a 40% Coupon
Many investors expect the crypto exchange to gain market share in the wake of rival FTX's collapse and prefer to express their view via structured products that offer enhanced coupon with downside protection, Marex Solutions' Ilan Solot said. Source
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