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Ledger, the Paris-based producer of crypto hardware wallets, has closed a $380 million Series C fundraise valuing the startup at more than $1.5 billion.

The post Crypto hardware wallet maker Ledger lands $380 million Series C raise led by 10T Fund appeared first on The Block.

The Series A round was led by Kenetic Capital and Prosperity7, the diversified growth fund of Saudi energy giant Aramco’s venture arm.

The post Startup behind China’s Blockchain Service Network raises $30 million appeared first on The Block.

Quick Take

• Crypto firms are flocking to Miami, setting up new offices in the Floridian city.
• An alluring tax environment and a business-friendly mayor have played a role.
• The push by some firms to set up shop in Miami was on full display during a recent industry event.

Warren called on lawmakers to face cryptocurrency head on in remarks before the Senate.

The post Senator Elizabeth Warren attacks cryptocurrency over ransomware, energy use appeared first on The Block.

Bitcoin mining company Luxor has raised a $5 million Series A round led by financial services firm NYDIG.

The post Bitcoin mining software company Luxor raises $5 million in a Series A funding round appeared first on The Block.

Starting June 23, Kraken clients based in the U.S. will no longer be able to access margin trading if they fail to meet certain standards.

The post Kraken to halt some U.S. margin trading in light of regulatory guidance appeared first on The Block.

Upon googling the matter, CFTC Commissioner Berkovitz has decided he is not fond of DeFi.

The post CFTC commissioner criticizes DeFi, decries lack of intermediaries appeared first on The Block.

Interactive Brokers is entering the crypto game, according to its chief executive. CNBC reported Wednesday morning that Thomas Peterffy, IB’s chairman and CEO, said during an event that “customers are certainly asking for [crypto trading] and we expect to be ready to offer it to them by the end of the summer.” It’s unclear which […]

The post Interactive Brokers plans to offer crypto trading by end of summer, says CEO appeared first on The Block.

Solana Labs has raised $314.15 million in a private token sale round led by Andreessen Horowitz (a16z) and Polychain Capital.

The post Solana Labs raises $314 million in new funding led by A16z and Polychain Capital appeared first on The Block.

Some of the world’s biggest bitcoin mining pools that cater to Chinese miner clients have seen a sharp hash rate drop over the past 24 hours.

The post Chinese bitcoin mining pools experience sharp hash rate drop appeared first on The Block.