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UK watchdog bans seven crypto ads in ongoing crackdown

UK watchdog bans seven crypto ads in ongoing crackdown

The regulator said its rulings follow proactive monitoring of the adverts for cryptoassets, and will form part of an ongoing project which will look to shape specific guidance in 2022. 

The post UK watchdog bans seven crypto ads in ongoing crackdown appeared first on The Block.

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Crypto lender Ledn raises $70 million, announces new bitcoin-backed mortgage product

Crypto lending firm Ledn has raised $70 million in a Series B funding round and is now valued at $540 million.

The post Crypto lender Ledn raises $70 million, announces new bitcoin-backed mortgage product appeared first on The Block.

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Crypto payments startup Ramp closes $52.7 million raise

Ramp, the payments infrastructure crypto startup, has closed a $52.7 million Series A raise led by Balderton Capital.

The post Crypto payments startup Ramp closes $52.7 million raise appeared first on The Block.

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Crypto bank Anchorage raises $350 million in new funding from KKR, Goldman Sachs, and others

Anchorage Digital has raised $350 million in a Series D funding round led by private equity giant KKR.

The post Crypto bank Anchorage raises $350 million in new funding from KKR, Goldman Sachs, and others appeared first on The Block.

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BCB Group swoops for Germany’s Sutor Bank

BCB Group is set to take over Hamberg-based Sutor bank, in a move that will give the crypto payments provider banking capabilities. 

The post BCB Group swoops for Germany’s Sutor Bank appeared first on The Block.

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IRS posts finalized 1040 form with revised crypto question

The Internal Revenue Service (IRS) posted its finalized Form 1040, and it’s made some minor revisions to its crypto question.

The post IRS posts finalized 1040 form with revised crypto question appeared first on The Block.

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CoinMarketCap bug shows Bitcoin’s price at an absurd $789 billion

A bug on the CoinMarketCap website makes it look like every cryptocurrency’s price has rocketed to unbelievable levels.

The post CoinMarketCap bug shows Bitcoin’s price at an absurd $789 billion appeared first on The Block.

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Robinhood buys cross-exchange trading platform Cove Markets

Robinhood announced on Tuesday that it is set to buy Cove Markets, a cross-exchange trading platform.

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Senate hearing on stablecoins forecasts new regulations, but from where?

How the argument over stablecoins is shaping up in Congress.

The post Senate hearing on stablecoins forecasts new regulations, but from where? appeared first on The Block.

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Ethereum Foundation launches incentive program for client teams

The Ethereum Foundation has launched a Client Incentive Program to encourage client teams to continue to maintain the core network.

The post Ethereum Foundation launches incentive program for client teams appeared first on The Block.

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