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“As recent market developments have shown, where you buy your digital assets matters and we are going to always be prioritizing the safety of our community, as we are working relentlessly to build the best and the safest investment platform in Europe and beyond,” Bitpanda co-founder and co-CEO Eric Demuth
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“The changing global financial landscape, rising interest rates and inflation have been having a major impact on technology-based companies,” 2TM said in a statement, without mentioning an exact number of layoffs, although it did publish a list with 86 profiles of fired employees, along with their contacts. Original Source
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The firm, which provides crypto financial services to institutional investors, is valued at $2 billion. Source
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PayPal-backed cryptocurrency firm Talos is becoming the latest unicorn in the industry, reaching a $1.25 billion valuation following new funding.Talos has raised $105 million in Series B funding round led by a major global growth equity firm, General Atlantic, according to an announcement released on May 10.The funding will help
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The Colombia-based company has partnered with BitPay and Bitso to convert crypto into credits for purchases within its platform. Original Source
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Coinbase is set to continue its global acquisition strategy, reportedly buying the Brazilian company 2TM, the parent company of Mercado Bitcoin. According to information from Estadão, the third-largest newspaper in Brazil and read by 212 million o populace, the Coinbase acquisition could be complete by next month. Negotiations for the purchase have
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The cryptocurrency market has had a less than stellar start to the year and it appears that the downtrend that began after the November 2021 market peak has been extended thanks to a multitude of negative developments, including the expectation of rising interest rates and the threat of a war
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Welcome to the latest edition of Cryptox’s decentralized finance newsletter.This week has been full of funding raises, innovations, service deployments and a bit of volatile technical price action — for a change.Axelar Network attains $1B valuation following secondary raiseThe Axelar Network announced the completion of a $35-million Series B funding
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The Axelar Network has announced the completion of a $35 million Series B funding round, pushing its market value above $1 billion. Participants of the round include Dragonfly Capital, Polychain Capital and North Island Ventures, among others.The raise succeeds a previously undisclosed round led by the head of Crypto.com Capital,
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The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s latest fundraise follows the company’s Series A last August when Dune Analytics raised $8 million. With the Series A and B combined, the firm has been propelled to
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