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$11 Million Raised by the Makers of CryptoKitties to Build a New Blockchain

$11 Million Raised by the Makers of CryptoKitties to Build a New Blockchain

The firm behind CryptoKitties, Dapper Labs has been able to raise a sum of $11.2 million from investors such as Andreessen Horowitz, Digital Currency Group, and Warner Music Group.

Paxos Launches Blockchain Settlement Platform Following No-Action Relief From SEC

Paxos Launches Blockchain Settlement Platform Following No-Action Relief From SEC

Paxos Trust Company announced that it will go ahead with the launch of its blockchain-enabled Paxos Settlement Service after receiving No-Action relief from the U.S. Securities and Exchange Commission (SEC).

Singapore State Investor Temasek Joins Libra Association, Facebook’s Global Digital Currency Project

Singapore State Investor Temasek Joins Libra Association, Facebook’s Global Digital Currency Project

Singapore’s state investor, Temasek Holdings has officially been named a member of the Facebook-backed digital currency project Libra. Temasek as a portfolio value of 313 billion Singapore dollars (roughly $219 billion), making it one of the more prominent backers of Libra. The Libra Association, an independent group based in Switzerland has also welcomed crypto investor Paradigm and Slow Ventures, a private equity firm.

Basel Committee on Banking Supervision Seeks Advice on Designing Prudential Treatment for Crypto-assets

Basel Committee on Banking Supervision Seeks Advice on Designing Prudential Treatment for Crypto-assets

Basel Committee on Banking Supervision publishes paper going over the design for prudential treatment for crypto assets. The paper goes over areas such as risks of crypto-asset exposures, capital, and liquidity requirements, and general considerations for the prudential treatment.

First Ever Blockchain-Based IPO Launches on National Stock Exchange

First Ever Blockchain-Based IPO Launches on National Stock Exchange

The shares are available on the MERJ exchange platform as well as through broker-dealer Jumpstart and crypto custodian Prime Trust, which are both based in the US and via Globacap.

Coinbase CEO Advises New Crypto Investors to Carefully Evaluate Market Risk and Crypto Volatility

Coinbase CEO Advises New Crypto Investors to Carefully Evaluate Market Risk and Crypto Volatility

As Bitcoin breaks $21,000, it may be easy for new investors to want to join the crypto bandwagon before evaluating risks associated with this asset class.

SEC New Accredited Investor Definition Could Increase Access to Certain Crypto-Related Products

SEC New Accredited Investor Definition Could Increase Access to Certain Crypto-Related Products

The United States Securities and Exchange Commission (SEC) is looking to allow more individuals and entities to participate in private capital markets.

Shenzhen Stock Exchange to Integrate Blockchain Technology to “Better Serve” China’s Capital Market Sector

Shenzhen Stock Exchange to Integrate Blockchain Technology to “Better Serve” China’s Capital Market Sector

The Shenzhen Stock Exchange, also known as the Shenzhen Stock Connect, has signed an agreement with the Guangdong Equity Exchange to jointly work on further developing the use of blockchain technology in the capital market sector.

Ripple Blasted by Investor Tetragon for Playing “Word Games” in $175M Stock Buyback Lawsuit

Ripple Blasted by Investor Tetragon for Playing “Word Games” in $175M Stock Buyback Lawsuit

Along with the heat Ripple is currently facing from the Securities and Exchange Commission, one of its leading investors has also turned against it.

MicroStrategy CEO Says the Software Firm Is Considering Equity or Debt Financing to Purchase More Bitcoins

MicroStrategy CEO Says the Software Firm Is Considering Equity or Debt Financing to Purchase More Bitcoins

MicroStrategy CEO Michael Saylor has said that he is considering issuing more debt to enable the company to buy more Bitcoins. He stated that it makes sense to purchase as much of the asset class as they can.

Ripple Handed a Temporary Restraining Order Limiting XRP Sales until Investor Tetragon Has Sold Back Its Shares

Ripple Handed a Temporary Restraining Order Limiting XRP Sales until Investor Tetragon Has Sold Back Its Shares

After a court ruling, a temporary restraining order has been issued against Ripple limiting its XRP sales.

Ethereum’s Supply on Exchanges Remained Low During the Crypto Rally—What this Indicator Means for ETH

Ethereum’s Supply on Exchanges Remained Low During the Crypto Rally—What this Indicator Means for ETH

ETH’s strong surge continued and rallied above $660, however, the cryptocurrency faced a slight correction and is now trading below $650.

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