Sunday, May 23, 2021
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Offline Travel App Maps.Me Raises $50M in Seed Funding Led by Alameda Research

An offline mobile map for travelers has raised $50 million in a seed-funding round led by Alameda Research.Announced Monday, the funding will go toward the launch of a multi-currency wallet on Maps.me and enable a decentralized finance (DeFi) ecosystem on the offline mobile map platform.Cryptocurrency lender Genesis Capital and institutional

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Largest Dark Web Market Taken Offline as Alleged Operator Arrested in Germany

A 34-year-old Australian man accused of running the world’s largest dark web marketplace has been arrested by German authorities close to the Danish border.According to a report from Europol on Wednesday, the DarkMarket site was taken offline on Monday following a probe by German investigators with the assistance of Europol

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Crypto.com Obtains $360 Million Insurance for Offline Bitcoin Vaults

Top cryptocurrency payments firm Crypto.com gets about $350 million in insurance coverage. It may improve confidence in the crypto space and become a step toward cryptocurrency adoption.Premier cryptocurrency platform Crypto.com has gotten insurance coverage worth $360 million. This coverage is for risks associated with its cold storage Bitcoin vaults. Sources

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Crypto.com Lands Record $360M Insurance Cover for Offline Bitcoin Vaults

Crypto.com has gathered a record-breaking $360 million worth of insurance to cover the potential loss of coins stored in special offline vaults.Announced Monday, the crypto finance platform accessed the cover through institutional custody provider Ledger Vault, which offers $150 million of pooled insurance cover to clients via insurance broker Marsh,

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Top Venezuelan Exchange Launches Support for Offline Bitcoin Transfers

Venezuelan crypto exchange Criptolago has announced that it will launch a text message-based payment system that can process transactions in Venezuela’s oil-backed Petro (PTR) and other cryptocurrencies.The system may expose new segments of Venezuela’s population to cryptocurrencies amid the country’s ongoing hyperinflation crisis — with the value of the

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