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Blockchain Messaging Platform Wormhole Achieves $2.5B Valuation after Record $225M Funding Round
November 29, 2023
Wormhole, an influential messaging protocol that drives cross-blockchain communication, has secured a monumental $225 million in funding, skyrocketing the firm's valuation to $2.5 billion. This fundraising round, characterized as the …
Read moreSantander Taps Taurus for Crypto Custodial Services
November 29, 2023
Santander Bank is widely reported to have chosen digital asset management firm Taurus to keep safe its Swiss clients' Bitcoin (BTC) and Ether (ETH). Santander Private Banking International's Swiss sector …
Read moreNew UK Tax Laws Target Penalties on Unpaid Crypto Taxes
November 29, 2023
The UK government has revised its stance on cryptocurrency taxation, implementing a structured procedure for reporting and paying any unpaid crypto-related taxes. According to the latest publication of HM Revenue …
Read moreZipmex Restructuring Plan: Offers to Pay Creditors 3.35 Cents on the Dollar
November 29, 2023
Plagued by financial issues, the Thai cryptocurrency exchange Zipmex has proposed a plan to pay its creditors 3.35 cents for every dollar of initial claims, with possibilities of higher payments …
Read moreBinance Faces Regulator's Warning for Operating Without License in Philippines
November 29, 2023
The Philippines Securities and Exchange Commission (SEC) has issued a warning against Binance, a leading cryptocurrency exchange, for operating in the country without the necessary approval or license. The regulator …
Read moreNew Advancements and Predictions Surface in the Cryptocurrency Sphere
November 29, 2023
Recent reports herald various key advancements and predictions in the world of cryptocurrencies. A notable startup known as Pika has raised $55 million, positioning itself to compete against tech giants …
Read moreSoccer Star Cristiano Ronaldo and Binance in Legal Crosshairs
November 29, 2023
A proposed class-action lawsuit is targeting football star Cristiano Ronaldo over his promotion of Binance, the cryptocurrency exchange facing numerous legal issues. The suit alleges that the player's promotion of …
Read moreBitcoin Surpasses $37,500 Mark, Expert Suggests $35,000 is the New Floor
November 29, 2023
Bitcoin has seen a surge past the $37,500 mark amid speculations from experts that the cryptocurrency will not fall below the $35,000 threshold again. A key personality behind this claim …
Read moreBitfinex's Tether Bond Faces Lackluster Performance, Genesis-DCG Plan Lawsuit Settlement
November 29, 2023
Bitfinex Securities, an establishment focused on tokenized real-world assets, introduced its inaugural tokenized bond coined ALT2611 Tokenized Bond in October. It has managed to assemble only 15% of the $10 …
Read moreUS Court Allows Jump Crypto's Confidential Submission in SEC Case; SEC Requests Public Opinion on Bitcoin ETFs
November 29, 2023
A recent court order allows Jump Crypto to privately submit information in the ongoing SEC case against Terraform Labs. The lawsuit, launched by the Securities and Exchange Commission, claims that …
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