Genesis denies plans to file for bankruptcy. Bitpanda secures crypto license in Germany.
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Recap of the Week
EU-based crypto exchange Bitpanda secures crypto license in Germany
Block.one and its CEO become largest Silvergate Capital shareholders
Casper Association launches $25M grant to support developers
Crypto exchange OKX publishes proof-of-reserves
Sam Bankman-Fried says he is ‘deeply sorry’ for collapse
Bank of Japan to trial digital yen with three megabanks
Central Bank of Russia to launch a national crypto exchange
Binance.US to bid for crypto lender Voyager
Argentina’s fan token sinks 31% after World Cup loss against Saudi Arabia
Hotel chain InterContinental launches NFTs with luxury travel rewards
DBS bank executes intraday repo transaction on JP Morgan blockchain
Bukele’s government introduced a bill to launch the ‘Bitcoin bonds’
FTX hacker splits nearly $200M in ETH across 12 wallets
Genesis denies ‘imminent’ plans to file for bankruptcy
Latest Funding Rounds in Crypto
NGRAVE raises a Series A · Founded in 2018 · Belgium
NGRAVE specializes in self-custody and provides a security suite comprising three major elements: connectionless hardware wallet, key backup tool and a mobile app.
The company is partnering with Binance to bring wallet products to both retail and institutional users.
Round led by Binance Labs.
Volvero raises €50K in Seed Round · Founded in 2018 · Italy
Volvero is a vehicle-sharing app that connects owners and renters. It uses blockchain technology to create a simple, reliable and sustainable service.
Round led by Climate-KIC.
Nucleo raises $4M in Seed Round · Founded in 2022 · US
Nucleo is a private, non-custodial, auditable multi-sig on Ethereum.
The funds will be used to build privacy crypto infrastructure for organizations as well as expand its team.
Round led by Bain Capital Crypto and 6th Man Ventures.
Boundlesspay raises $100K in Seed Round · Founded in 2021 · UAE
Boundlesspay is a digital banking application for cross border collections, payments and settlements.
Boundlesspay gives users easy access to DeFi and CeFi services such as coin staking, lending, swapping and cross-border payments or remittances, and robust APIs for 3rd party payment processing.
Round led by Adaverse.
Acquisitions
Polygon acquires All Consulting Service - Terms were undisclosed
Polygon is a platform for Ethereum scaling and infrastructure development.
All Consulting Service is a business consulting and services company based in Italy.
With this acquisition Polygon will continue its strategic plan to have a key leading position in each country in which it operates.
Meme of the Week
