Sam Bankman-Fried released on bail. Alameda’s Caroline Ellison and FTX’s Gary Wang hit with additional fraud charges.
Merry Christmas and Happy New Year from the European Blockchain Convention and European Tech School team.
We wish you and your families a happy holiday season, a prosperous New Year and to be showered with Bitcoins.
We can't wait to meet you all in February for EBC23 edition.
Recap of the Week
Sam Bankman-Fried released on bail at $250 million dollars through his parents home-equity arrangement
Uniswap to allow users to buy cryptocurrency using debit and credit cards
Ripple CEO compares Wells Fargo billions mismanagement with FTX collapse
Argentina football league scores metaverse partnership after World Cup triumph
Alameda’s Caroline Ellison escapes potential 110-year prison term via plea deal
Genesis and DCG seek path for the recovery of assets amid liquidity issues
US Senator Toomey introduces stablecoin bill as congressional session wraps up
Twitter adds BTC and ETH price indexes to search function
Coinbase secures VASP registration in Ireland
Alameda’s Caroline Ellison and FTX’s Gary Wang hit with additional fraud charges
Latest Funding Rounds in Crypto
Aztec raises £82M in Series B · Founded in 2017 · UK
Aztec develops an ethereum trading protocol that enables private transactions across the public blockchain.
Aztec Network plans to use the funds to hire more engineers and build a new encrypted blockchain.
Round led by Andreessen Horowitz (a16z).
Revel.xyz raises $7.8M in Seed Round · Founded in 2022 · US
Revel is a Web3 personal media collecting and trading platform, forming communities around shared assets and people.
Revel will use funds to become the Instagram and Robinhood of NFT platforms by planning to blend the criteria of both.
Round led by Dragonfly Capital.
Pods raises $5.6M in Seed Round · Founded in 2020 · Brazil
Pods is a decentralized non-custodial options protocol. Users can create options and trade them through an Options AMM on the Ethereum Blockchain. Pods is a way to hedge crypto in DeFi.
The funds raised will be used to create structured products for crypto assets. As a DeFi protocol, it offers an alternative to yield on crypto assets.
Round led by IOSG, Tomahawk, Republic, Framework Ventures, 4RC, Alexia Ventures and more.
Arax acquires Core Group
Acquisition of €18M
US-based Arax Holdings invests in fintech and blockchain-based software companies.
Core Group, based in Slovakia, is a decentralized software and blockchain solutions company.
The acquisition will put Arax at the forefront of digital assets, tokenization, immediate settlements of data and transactions with a specific focus on asset management.