FTX crypto exchange valued at $18bn after the largest funding round in crypto history

Crypto derivatives exchange FTX has completed a series B fundraising round of $900m that values the company at $18bn.

Over half of crypto experts believe bitcoin will replace fiat money by 2050

A recent survey has found that over half of the experts who took part believe bitcoin will become more dominant than money issued by central banks in less than 30 years.

Terraform Labs bags $150m in funding from major crypto players for DeFi Ecosystem Fund

Terraform Labs, the South Korean company behind the Terra public blockchain, has raised $150m from major crypto investors including Arrington XRP Capital, Pantera Capital, Galaxy Digital and BlockTower Capital.

Why Revolut and the CyberTech industry stand out from the 42 funding rounds raised...

FinTech companies continue to rake in millions of dollars with a slew of startups graduating to the unicorn club. The 42 ventures in the sector that topped up their accounts last week are proof of that.

Andreessen Horowitz leads $9m round for Solana’s Phantom wallet to develop its multichain feature

Phantom, a crypto wallet and browser extension for accessing decentralized finance (DeFi) applications, has raised $9m in a Series A funding round led by Andreessen Horowitz (A16z).

Zerion inks $8.2m in a Series A led by Mosaic Ventures to make DeFi...

Ethereum-based DeFi aggregator Zerion raised $8.2m in a Series A funding round led by Mosaic Ventures which also featured participation from Placeholder, Digital Currency Group, and Blockchain.com Ventures, among others.

The 29 FinTech rounds raised last week prove that crypto firms and InsurTechs will...

The FinTech space continues to grow with no sign of slowing down and the 29 rounds raised week prove that, with cryptocurrency companies and InsurTechs being the leading sub-sectors.

Russian central bank to initiate digital ruble pilot

The central bank of Russia has revealed it is planning to begin a pilot test for a digital ruble with 12 of the country’s top banks.

SoftBank invests $200m in Brazil’s largest crypto exchange Mercado Bitcoin

Mercado Bitcoin, the largest bitcoin exchange in Brazil, raised $200m in a Series B round from the SoftBank Latin America Fund.

MAS partners with IMF, World Bank to launch global challenge for digital currency solutions

The Monetary Authority of Singapore (MAS) introduced a global challenge for retail Central Bank Digital Currency (CBDC) solutions.

News Stories

ZenLedger capitalises on strong year of growth with a Series A close

Tax software developer ZenLedger has scored $6m in its Series A round, after recording 500% revenue growth in the past year.

Ransomware attacks climb dramatically in first half of 2021

A mid-year report by internet security company SonicWall has found the number of ransomware attacks in H1 2021 has already outperformed the entire year of 2020.

Abrigo capitalises on 30% revenue growth with fresh strategic investment

Abrigo, a provider of compliance, risk and lending services, has received a strategic investment from funds managed by Carlyle.

Nationwide unveils new bank cards for the blind

Nationwide Building Society has started issuing ‘dot and notch’ embossed and recycled bank cards for its blind customers.

Amplify closes its seed round to support its mission of driving wealth via insurance

Amplify Life Insurance, a provider of permanent life insurance, has collected $2.5m in its seed round.

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Last year large-scale breaches increased by 300%

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