Blockchain infrastructure company Blocknative has raised $15 million in Series A-1 financing, bringing the total amount raised by the Ethereum block processor to $34 million.
Joining in the Series A-1 raise are Blockchain Capital, Foundry Group, Rho, IOSG Ventures, Robot Ventures, Fenbushi Capital, HackVC, Industry Ventures, and others.
https://decrypt.co/117398/a-leading-post-merge-ethereum-block-builder-blocknative-raises-15-million
Joining in the Series A-1 raise are Blockchain Capital, Foundry Group, Rho, IOSG Ventures, Robot Ventures, Fenbushi Capital, HackVC, Industry Ventures, and others.
https://decrypt.co/117398/a-leading-post-merge-ethereum-block-builder-blocknative-raises-15-million
Magic Eden has added Polygon NFT minting and trading support.
https://www.theblock.co/post/195404/magic-eden-bolsters-gaming-support-by-adding-polygon-nft-minting-and-trading
https://www.theblock.co/post/195404/magic-eden-bolsters-gaming-support-by-adding-polygon-nft-minting-and-trading
The Block
Magic Eden bolsters gaming support by adding Polygon NFT minting and trading
The move comes after several changes to bolster the platform's blockchain gaming functionality and presence.
Crypto trading firm Amber Group raises $300M Series C.
The round was led by Fenbushi Capital U.S., and other crypto investors and family offices.
https://www.coindesk.com/business/2022/12/16/crypto-trading-firm-amber-group-raises-300m-series-c-after-ftx-contagion/
The round was led by Fenbushi Capital U.S., and other crypto investors and family offices.
https://www.coindesk.com/business/2022/12/16/crypto-trading-firm-amber-group-raises-300m-series-c-after-ftx-contagion/
CoinDesk
Crypto Trading Firm Amber Group Raises $300M Series C After FTX Contagion
The collapse of FTX had impacted some of the trading firm's products and customers, increasing the need to quickly raise additional capital.
Japan set to ease 30% crypto tax on paper profits for token issuers.
https://cointelegraph.com/news/japan-set-to-ease-30-crypto-tax-on-paper-profits-for-token-issuers
https://cointelegraph.com/news/japan-set-to-ease-30-crypto-tax-on-paper-profits-for-token-issuers
Mazars, the auditing firm working with Binance and other crypto exchanges on proof-of-reserves statements, has temporarily paused all work for crypto clients.
https://www.coindesk.com/business/2022/12/16/binance-proof-of-reserves-auditor-mazars-pauses-all-work-for-crypto-clients/
https://www.coindesk.com/business/2022/12/16/binance-proof-of-reserves-auditor-mazars-pauses-all-work-for-crypto-clients/
CoinDesk
Auditing Firm Mazars Pauses Proof-of-Reserves Work for Crypto Clients
Mazars said it had concerns about how the reports were understood by the public.
Wormhole has integrated with Injective, allowing connections to networks such as Solana, Aptos and Avalanche.
https://blog.injective.com/wormhole-integration-is-now-live-on-injective/
https://blog.injective.com/wormhole-integration-is-now-live-on-injective/
Injective Blog
Wormhole Is Now Live On Injective
The long-awaited integration with Wormhole is now complete, bringing the most prominent L1 and L2 blockchain networks to Injective!
With this integration, Injective will have one of the highest number of cross-chain connections in the entire industry. This…
With this integration, Injective will have one of the highest number of cross-chain connections in the entire industry. This…
Elon Musk starts following crypto exchange OKX on Twitter.
https://watcher.guru/news/okx-token-spikes-after-elon-musk-follows-the-crypto-exchange-on-twitter
https://watcher.guru/news/okx-token-spikes-after-elon-musk-follows-the-crypto-exchange-on-twitter
Watcher Guru
OKX Token Spikes After Elon Musk Follows the Crypto Exchange on Twitter
Elon Musk follows cryptocurrency exchange OKX on Twitter. The trading platform's native token OKB jumps in price.
Raydium, a decentralized exchange built on the Solana blockchain, suffered an exploit that appears to have taken more than $2 million.
https://www.theblock.co/post/195712/solana-based-exchange-raydium-suffers-2-million-exploit
https://www.theblock.co/post/195712/solana-based-exchange-raydium-suffers-2-million-exploit
The best new projects added on ICO Drops
1. Fleek https://icodrops.com/fleek/
2. APWine https://icodrops.com/apwine-2/
3. Buildspace https://icodrops.com/buildspace/
4. Ping https://icodrops.com/ping/
5. Across Protocol https://icodrops.com/across-protocol/
6. Heroic Story https://icodrops.com/heroic-story/
7. Shibuya https://icodrops.com/shibuya/
8. Perennial https://icodrops.com/perennial/
9. Roboto Games https://icodrops.com/roboto-games/
10. Lyra https://icodrops.com/lyra/
1. Fleek https://icodrops.com/fleek/
2. APWine https://icodrops.com/apwine-2/
3. Buildspace https://icodrops.com/buildspace/
4. Ping https://icodrops.com/ping/
5. Across Protocol https://icodrops.com/across-protocol/
6. Heroic Story https://icodrops.com/heroic-story/
7. Shibuya https://icodrops.com/shibuya/
8. Perennial https://icodrops.com/perennial/
9. Roboto Games https://icodrops.com/roboto-games/
10. Lyra https://icodrops.com/lyra/
Gearbox trading has started.
GEAR is now trading at 1.8x (max 2.8x) from the DAO Round price (0,015$).
FDV: $270 million
Market Cap: $21.6 million
https://cider-gear.eth.limo/#/fair-trading
https://www.geckoterminal.com/eth/pools/0x0e9b5b092cad6f1c5e6bc7f89ffe1abb5c95f1c2
GEAR is now trading at 1.8x (max 2.8x) from the DAO Round price (0,015$).
FDV: $270 million
Market Cap: $21.6 million
https://cider-gear.eth.limo/#/fair-trading
https://www.geckoterminal.com/eth/pools/0x0e9b5b092cad6f1c5e6bc7f89ffe1abb5c95f1c2
FTX founder Sam Bankman-Fried will no longer contest extradition to the United States, where he is facing criminal fraud charges.
https://www.theblock.co/post/195979/sam-bankman-fried-wont-fight-u-s-extradition-reuters
https://www.theblock.co/post/195979/sam-bankman-fried-wont-fight-u-s-extradition-reuters
The Block
Sam Bankman-Fried won’t fight US extradition: Reuters
FTX founder Sam Bankman-Fried will no longer contest extradition to the United States, where he is facing criminal fraud charges, according to Reuters.
Dutch bitcoin exchange Bitvavo claims that Digital Currency Group (DCG) is “experiencing liquidity problems due to the current turbulence in the cryptomarket” and that DCG “has suspended repayments until this liquidity issue has been resolved.”
https://decrypt.co/117506/dutch-bitcoin-exchange-bitvavo-alleges-digital-currency-group-is-having-liquidity-problems
https://decrypt.co/117506/dutch-bitcoin-exchange-bitvavo-alleges-digital-currency-group-is-having-liquidity-problems
Decrypt
Dutch Bitcoin Exchange Bitvavo Alleges Digital Currency Group Is Having ‘Liquidity Problems’ - Decrypt
Dutch Bitcoin exchange Bitvavo says it has 280 million euros stuck with DCG, but DCG has retorted the money is with Genesis, its subsidiary.
Crypto Market Daily Review.
- The market is down today. Market cap is $832B, Bitcoin is trading at $16.7K.
Dropstab.com
- The market is down today. Market cap is $832B, Bitcoin is trading at $16.7K.
Dropstab.com
- The Basel Committee on Banking Supervision has approved its global crypto banking rules, which will come into force on January 1, 2025.
- The “Big Four” accounting firms are “currently unwilling” to conduct proof-of-reserves audits for crypto companies.
- Gearbox trading has started. GEAR price is around $0.03.
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In Nigeria, a new bill in the works could let local regulators recognize cryptocurrencies as capital for investment.
https://www.coindesk.com/policy/2022/12/19/nigeria-to-recognize-crypto-as-investment-capital-report/
https://www.coindesk.com/policy/2022/12/19/nigeria-to-recognize-crypto-as-investment-capital-report/
Coindesk
Nigeria to Recognize Crypto as Investment Capital: Report
A proposed bill will lay out crypto supervisory powers of the Central Bank of Nigeria and the country's securities regulator, an official has said.
Voyager Digital said Binance.US has agreed to buy its assets for $1.022 billion.
https://www.coindesk.com/business/2022/12/19/binanceus-agrees-to-buy-bankrupt-crypto-lender-voyagers-assets-for-over-1b/
https://www.coindesk.com/business/2022/12/19/binanceus-agrees-to-buy-bankrupt-crypto-lender-voyagers-assets-for-over-1b/
CoinDesk
Binance.US Agrees to Buy Voyager's Assets for $1.02B
The agreement comes after CoinDesk had reported last month that Binance was preparing a bid for Voyager's assets.
Bitcoin tooling developer Foundation has raised $7 million in a seed round led by Polychain Capital.
Other investors in the round included Greenfield Capital, Lightning Ventures and Warburg Serres.
https://www.theblock.co/post/196174/polychain-capital-leads-bitcoin-wallet-developer-foundations-7-million-raise
Other investors in the round included Greenfield Capital, Lightning Ventures and Warburg Serres.
https://www.theblock.co/post/196174/polychain-capital-leads-bitcoin-wallet-developer-foundations-7-million-raise
Fireblocks has received the Cryptocurrency Security Standard (CCSS), a first-of-its-kind certification that was built as a security standard for crypto wallets and custody.
https://www.coindesk.com/business/2022/12/19/crypto-custody-tech-provider-fireblocks-receives-first-of-its-kind-security-certificate/
https://www.coindesk.com/business/2022/12/19/crypto-custody-tech-provider-fireblocks-receives-first-of-its-kind-security-certificate/
CoinDesk
Crypto Custody Tech Provider Fireblocks Receives First-of-Its-Kind Security Certificate
The CCSS was created in 2014, but until now no crypto company has met the necessary standards.
Binance has finalized its acquisition of Tokocrypto.
https://www.coindesk.com/business/2022/12/19/binance-finalizes-acquisition-of-indonesian-crypto-trading-firm-tokocrypto/
https://www.coindesk.com/business/2022/12/19/binance-finalizes-acquisition-of-indonesian-crypto-trading-firm-tokocrypto/