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Blockchain infrastructure provider Figment raised $110 million in a Series C round led by software investment firm Thoma Bravo. The latest funding takes the firm’s valuation to $1.4 billion, Figment said in a press release on Monday.Other participants in the round were Morgan Stanley’s Counterpoint Global, Binance Labs, Mirae Asset,
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The Confederation of Indian Industries (CII), a non-government trade association and advocacy group, has proposed to treat cryptocurrencies as securities of a special class. The trade association released a report titled “Cryptocurrencies, Crypto Tokens/Assets & Regulations: The Way Forward” where it advocates for regulating the crypto market instead of outlawing it,
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French fintech Lydia has raised $100 million in Series C funding, attaining unicorn status with a valuation of over $1 billion.The funding round includes new investors Dragoneers and Echo Street along with existing backers Tencent, Accel and Founders Future, TechCrunch reported Wednesday.Lydia recently allowed its 5.5 million users to invest
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Global blockchain security firm CertiK has concluded an $80 million investment round backed by some of crypto’s biggest venture funds, putting the company on track to reach the lofty $1 billion valuation mark in the foreseeable future. The Series B2 investment round was led by Sequoia, a California-based venture fund, with
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2TM, the parent company of Brazilian cryptocurrency exchange Mercado Bitcoin, has received $50.3 million in fresh financing to expand its operations across Latin America, sending a strong signal that venture capital sees growth potential in the region. The Series B fundraiser had participation from United States-based funds 10T and Tribal Capital,
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Clinton’s comments come in the wake of controversial crypto tax reporting requirement that was part of the $1 trillion bipartisan infrastructure bill signed into law by U.S. President Joe Biden on Monday. Per the bill, from 2023, brokers will need to disclose customers’ names, addresses, phone numbers, capital gains, and
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Ahead of the introduction of mandatory vaccination and COVID status checks in Scotland and Wales, the UK Information Commissioner, Elizabeth Denham, said: “While
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Ethereum-based project Status has started an incentivization program for node operators around its decentralized peer-to-peer messaging protocol, Waku.In an announcement today, Status said it would be rolling out the first phase of a program to encourage people to set up and run nodes used by Waku, a private messenger based
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As devastating as Wednesday’s crypto crash was, few hodlers lost as much as Ethereum Co-Founder Vitalik Buterin. According to CNN, Buterin’s public wallet was valued at $1.1 billion on the morning of the downturn. But following the crash, it stood at $870 million. Markets bounced back as the selling eased off.
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