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Blockchain protocol Algorand (ALGO) has expanded its footprint in India by securing new partnerships with NASSCOM, India's trade body and chamber of commerce for the tech industry, TiE Bangalore, a global venture supporting entrepreneurs, and the Mann Deshi Foundation which supports India's first rural bank for women. Source
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A federal judge has granted a motion from the legal team for Sam Bankman-Fried (SBF) allowing the former FTX CEO to wear business attire during his first criminal trial.In a Sept. 27 order filed in United States District Court for the Southern District of New York, Judge Lewis Kaplan said
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CBDCs are not cryptocurrencies, but they’re in the same family. They don’t have to be, but they could be based on a blockchain, the ledger technology that powers Bitcoin and the rest of crypto. A CBDC would simply be a digital version of an existing fiat currency like the U.S.
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The tie-up with Keyrock, based in Brussels, “helps provide our clients with deeper liquidity as the institutional adoption of digital assets continues to grow,” said Frank van Zegveld, head of Europe, Middle East and African (EMEA) sales at Talos. Source
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FTX Ventures, an arm of Sam Bankman-Fried’s FTX crypto exchange, will acquire a 30% stake in alternative asset manager SkyBridge Capital, the firms announced Sept. 9. The terms of the deal were not disclosed, but SkyBridge will use $40 million of the proceeds to purchase cryptocurrencies to hold as a
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Ronin – a sidechain that is connected to the main Ethereum blockchain but allows the developers behind play-to-earn game Axie Infinity, Sky Mavis, to support faster and cheaper transactions – was hacked last month, losing 173,600 ETH and 25.5 million USDC, worth $625 million at the time. It ranks among the
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The Bloomberg Terminal-esque product raised $9 million in strategic funding. Source
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Digital asset analytics provider The TIE has closed a strategic investment round backed by some of blockchain’s most prominent investors, underscoring heightened demand for crypto data and software services. The TIE raised $9 million in Series A funding at a valuation of $100 million, making it one of the largest crypto
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