Crypto exchange firm FTX has declared that it has launched Coinbase Pre-IPO tokens (CBSE). The recent launch was a feature of its Tokenized Stocks product offering. The tokens have seen over $2 million participation and us currently being traded for $231. The tokens were promptly rounded up by brokers hoping to wager on a high…

Indian crypto exchange, CoinDCX continues to make giant leaps in the crypto space. The exchange announced that it was able to generate about $14 million in a recent fundraising round. The announcement was made earlier this week. Biggest Fundraiser This Year The latest round, which is also the Series B round, had a lot of…

Popular crypto exchange Huobi Group is making plans to return to the U.S. after its sudden exit more than a year ago. Huobi Tech, a Hong Kong-based publicly traded company obtained by Huobi Group CEO Leon Li has made an announcement. The crypto exchange has received a trust permit by the Nevada Financial Institutions Division…

Investors of all levels in Puerto Rico now have the opportunity to invest in crypto, thanks to FV Bank. The digital bank now provides retail and institutional investors with crypto custody services. Bitcoin, Ethereum Custody Now Available FV Bank was given a go-ahead by the Puerto Rico Office of the Commissioner of Financial Institutions (OCIF)….

The US Treasury Department has introduced new crypto KYC requirements. This is in a bid to help the nation to battle the likely inclusion of crypto assets in criminal operations. The crypto exchanges are needed to check the personality of the wallet owner if funds surpasses $3,000. As indicated by the official public release by…

Cryptocurrency adoption and usage continues to grow with time. Companies are now encouraging the use of crypto by giving and rewards for doing so. Recently Cash App, an application owned by payment company Square, announced it would be giving cash backs in BTC. Get Bitcoin While you Spend The announcement came via a tweet last…

Hardware wallet provider Ledger has reportedly suffered from another breach. The new data breach involved leaking of customer details on public domains. A client on crypto Twitter with the handle ‘Jimmy McShill’ (@JimmyMcShill) posted screen captures of documents that have been transferred to forums purportedly containing the full information of Ledger client’s messages, telephone numbers,…

Paxos, the first regulated blockchain framework platform, reported it has made $142 million in its Series C round of funding.  The funding round was driven by the lead financial investor Declaration Partners, RIT Capital Partners, PayPal Ventures, and Investor Banker Ken Moelis.  Past Paxos speculators additionally partook in the round. Some of them include; RRE…

DeFi protocols seem to always be the victims of flash loan attacks. In the latest episode, DeFi lending protocol Warp Finance has been drained of a huge amount of money. DeFi Prime, a DeFi media outlet revealed that about $8 million was lost yesterday during the hack in a tweet. ⚠️ Flash loan attack on…

One of the leading cryptocurrency exchanges, Coinbase, has revealed plans about going public. This has caused a lot of buzz both in the crypto community and in the financial world. If it finally gets listed, it would be the first American crypto exchange to do so. Process Currently Under Review by SEC In a recent…