Sam Bankman-Fried arrested in Bahamas. Mazars Group suspends all work with crypto clients.
After selling out tickets and sponsorships for EBC22, EBC23 is now close to be sold out of booths.
Expect over 2.500 attendees, 200 speakers, and a 2000 sqm trade fair dedicated to learning and connecting
Recap of the Week
Sam Bankman-Fried arrested in Bahamas as US files FTX charges No Bailout for SBF
MEP Eva Kaili, accused in Qatar graft case, to remain in custody until pre-trial hearing
Mazars Group suspends all work with crypto clients including Binance
PayPal to act as on-ramp to self custodial crypto wallet MetaMask
The Bank of Italy has selected Algorand to support a new digital guarantees platform
Credit Suisse tests securities tokenization on public blockchain
France may oblige crypto platforms to obtain licenses
Canada bans crypto leverage and margin trading after FTX collapse
Opera launches security tools to protect users against malicious Web3 actors
Crypto community members discuss bank run on Binance
Latest Funding Rounds in Crypto
Evertas raises $14M in Series A · Founded in 2017 · US
Evertas is a crypto insurance company that develops regulated insurance and risk mitigation solutions for crypto assets.
The $14 million Series A round, adds to a $5.8 million seed funding secured last year, bringing the company’s total outside investment to $19.8 million towards insurance of cryptocurrency wallets.
Round led by Polychain Capital, SinoGlobal Capital and more.
Digital Entertainment Asset raises $10M in Seed Round · Founded in 2018 · Singapore
Digital Entertainment Asset is a Blockchain entertainment platform.
Funds will be used to further accelerate DEA's business and market expansion as well as help optimize the development of PlayMining, its Web3 entertainment platform.
Round led by LDA Capital.
SOOHO raises $4.5M in Series A · Founded in 2019 · South Korea
SOOHO provides the build-in cross-chain functionality based on secure and regulation-compliant bridge technology.
The funds raised will be used to develop a series of blockchain tools such as software development kits (SDK) & API’s to build the DeFi infrastructure & bridge the gap between Korean and international independent blockchains.
Round led by Woori Technology Investment.
Acquisitions
Bitcoin Group SE acquires von der Heydt
Acquisition of £14M - Transaction is expected to be completed by the third quarter of 2023.
Von der Heydt is a German digital bank that uses blockchain technology and provides secure custody of crypto, payment trades, and tokenization.
Bitcoin Group SE is a holding company focused on innovative and disruptive business models and technologies.
The acquisition will give the company control of the one of the world's oldest banks and a holder of a full banking license in Germany.
Meme of the Week
