Chinese police have confiscated crypto assets worth $62.5 million in a crackdown on an alleged Filecoin miner Ponzi scheme.
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Quick Take
- In October, venture capitalists deployed nearly $3.4 billion across 163 crypto-related startups and projects.
- Interest in the NFTs/Gaming vertical was so high that it had a historic month in deals (68), which represented nearly 42% of crypto deals that occurred last month
- Later stage deals are on pace to materially outpace Q3 after one month, with 6 already occurring during the first month of Q4
Huang’s new board position comes three weeks after Stripe sought to hire four crypto-focused engineers.
The post Paradigm co-founder Matt Huang joins board of directors for Stripe appeared first on The Block.
On November 5, crypto platform Bakkt announced that it would incorporate Ether onto its platform, which had previously limited offerings to Bitcoin. A representative for the firm told The Block that “We have received all required approvals and have already built the necessary technology to begin offering Ethereum on the Bakkt platform. These capabilities will […]
The post Bakkt is about to launch ETH trading on its platform, which previously only offered Bitcoin appeared first on The Block.
The startup intends to bolster its crypto-native market risk monitoring tools — particularly with DeFi and NFT compliance — with the funds.
The post Crypto market surveillance firm Solidus Labs raises $15 million appeared first on The Block.