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Binance deal with crypto firm Eqonex prompts warning shot from UK regulators

Binance deal with crypto firm Eqonex prompts warning shot from UK regulators

Binance has partnered with the Nasdaq-listed crypto firm EQONEX. But the UK FCA seems unhappy about the deal. Here’s why. 

The post Binance deal with crypto firm Eqonex prompts warning shot from UK regulators appeared first on The Block.

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Space Runners raises $10 million to build a blockchain-backed fashion metaverse

Space Runners, a company focused on creating NFTs and digital wearables, has raised $10 million in a round co-led by Pantera Capital and Polychain Capital. 

The post Space Runners raises $10 million to build a blockchain-backed fashion metaverse appeared first on The Block.

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Senior Democrat says he’s on ‘the side of the innovator’ amid crypto debate in Congress

Senate Finance Committee Chairman Ron Wyden said he is siding with crypto innovators as other Democrats in Congress express favor of tightening crypto regulations in the US.  “There is obviously a debate but I want to be on the side of the innovator,” Wyden told the Financial Times. “When I think about crypto I think […]

The post Senior Democrat says he’s on ‘the side of the innovator’ amid crypto debate in Congress appeared first on The Block.

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New committee voting date for European Parliament’s crypto law is next week

The rapporteur for the draft regulation has apparently managed to get votes in order for the latest draft of the Markets in Digital Assets regulation.

The post New committee voting date for European Parliament’s crypto law is next week appeared first on The Block.

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February fintech VC roundup: Fintech funding hits lowest levels since May

Quick Take

  • Fintech funding has recorded its first figure below $10 billion since May last year. 
  • That’s not to say investors have abandoned the sector — this month has been dominated by huge raises from FNZ and BNPL player ScalaPay. 

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StarkWare Company Intelligence

Quick Take

  • StarkWare is a layer 2 scalability solutions company that aims to provide a permissionless decentralized ZK-rollup solution – StarkNet
  • StarkWare secured $50 million in a funding round led by Sequoia Capital and achieved unicorn status with a valuation of $2 billion in November 2021
  • StarkNet Alpha went live on mainnet at the end of November 2021

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Fantom TVL slumps as colleague tweets Andre Cronje is quitting DeFi

Mass migration of liquidity from the Fantom DeFi ecosystem has ensued following developer Andre Cronje’s reported departure from the crypto industry.

The post Fantom TVL slumps as colleague tweets Andre Cronje is quitting DeFi appeared first on The Block.

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NFT Layer 2 startup Immutable raises $200 million, now valued at $2.5 billion

Immutable, the startup behind the NFT Layer 2 scaling network Immutable X, has raised $200 million and is now valued at $2.5 billion.

The post NFT Layer 2 startup Immutable raises $200 million, now valued at $2.5 billion appeared first on The Block.

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Binance fully resumes euro and pound bank transfers

Binance users in Europe now have access to bank transfers following the exchange’s partnership with Paysafe.

The post Binance fully resumes euro and pound bank transfers appeared first on The Block.

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FTX crypto exchange announces push into Europe

The company will start offering its products to European clients via a licensed investment firm.

The post FTX crypto exchange announces push into Europe appeared first on The Block.

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