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Hon Kong’s asset management firm becomes the largest investor in BlackRock Bitcoin ETF

Yong Rong HK Asset Management emerges as the top holder in BlackRock Bitcoin ETF with $38M investment. Ovata emerges as biggest buyer in Bitcoin ETF market, investing $74M in various…

Tether leads $25M round for crypto payments firm Oobit

Tether led the $25 million Series A round for crypto payments firm Oobit. Solana co-founder Anatoly Yakovenko also backed the platform’s investment round. Oobit, a mobile payments firm that allows…

Solana (SOL) holds firm as a new cryptocurrency is emerging as an analysts’ darling

Solana (SOL) registered impressive growth in the decentralized finance ecosystem, marked by increased total value locked and price. Despite this positive outlook, investors are attracted to one of the new…

Lido node operator to rotate keys after security firm flags vulnerability

InfStones, a Lido node operator, will rotate its validator keys followng a vulnerability disclosure by blockchain security firm dWallet Labs. The vulnerability was acknowledged by Lido, which said its security…

Crypto lending firm Genesis to cease offering crypto trading

Genesis has been providing trading services through its international Genesis Global Capital (GGC) division. Genesis allegedly owes its top 50 creditors $3.5 billion. In August Genesis and DCG reached an…

Deutsche Bank taps Swiss crypto firm Taurus for custody services

Deutsche Bank will offer crypto custody services for institutional investors. Deutsche Bank in a World Economic Forum paper in 2020 expressed intentions of offering crypto trading. The bank has however…

Crypto firm LBRY files to challenge ruling it violated US Securities Law

The SEC filed a lawsuit in a New Hampshire court arguing that LBRY’s LBC tokens were tokens and not cryptocurrencies. The SEC won a case in November 2022 and LBRY…

Ripple invests in $54M round for AI-metaverse firm Futureverse

Ripple invested in the $54 million series A round for Futureverse.  10T Holdings led the funding round, which Futureverse says will go into scaling AI and metaverse technologies. Ripple has…

Sui Blockchain awards blockchain security firm CertiK $500K CertiK for flagging a threat

Sui awarded CertiK for identifying a vulnerability dubbed “HamsterWheel” on Sui Blockchain. The “HamsterWheel” vulnerability traps nodes in an endless loop similar to hamsters jogging on a wheel. HamsterWheel attack…

Swiss blockchain firm Anoma secures $25 million funding round

The Swiss-based non-profit said the funding was led by CMCC Global and backed by Electric Capital, Delphi Digital, Dialectic, KR1, Spartan, and NGC. Anoma will use the funds to accelerate…