Ironforge, the Solana ecological development platform, announced the completion of a $2.6 million Pre-Seed round of financing, led by Reciprocal Ventures, with participation from Hash3, 6th Man Ventures, Alchemy, Monoceros Ventures, and Portage Ventures. The new funding will be used to move Ironforge from idea to production and expand its team. It is reported that Ironforge aims to improve the developer experience and simplify the integration of the Solana blockchain with existing systems, an...

Ironforge, the Solana ecological development platform, announced the completion of a $2.6 million Pre-Seed round of financing, led by Reciprocal Ventures, with participation from Hash3, 6th Man Ventures, Alchemy, Monoceros Ventures, and Portage Ventures. The new funding will be used to move Ironforge from idea to production and expand its team. It is reported that Ironforge aims to improve the developer experience and simplify the integration of the Solana blockchain with existing systems, an...

Web3 infrastructure provider Ankr has announced the launch of its enterprise blockchain creation tool on Microsoft's Azure Marketplace. Dubbed "AppChains," the solution will enable companies to rapidly roll out purpose-built and customizable blockchains to support various Web3 strategies. Developers can deploy Polygon Supernet in the first iteration, with more options to come after that.

Web3 infrastructure provider Ankr has announced the launch of its enterprise blockchain creation tool on Microsoft's Azure Marketplace. Dubbed "AppChains," the solution will enable companies to rapidly roll out purpose-built and customizable blockchains to support various Web3 strategies. Developers can deploy Polygon Supernet in the first iteration, with more options to come after that.

Grayscale filed a request with the US Securities and Exchange Commission (SEC) to withdraw its application to launch a Filecoin (FIL) trust product. Grayscale originally filed a registration statement for the trust on April 14, 2023. On May 16, 2023, Grayscale disclosed that it had received a comment letter from the SEC staff requesting that Grayscale withdraw the trust's registration statement. SEC staff said they believe the trust’s underlying asset, Filecoin, meets the definition of a...

Grayscale filed a request with the US Securities and Exchange Commission (SEC) to withdraw its application to launch a Filecoin (FIL) trust product. Grayscale originally filed a registration statement for the trust on April 14, 2023. On May 16, 2023, Grayscale disclosed that it had received a comment letter from the SEC staff requesting that Grayscale withdraw the trust's registration statement. SEC staff said they believe the trust’s underlying asset, Filecoin, meets the definition of a...

U.S. Bankruptcy Judge John Dorsey in Wilmington, Delaware ruled that FTX can permanently remove the names of individual clients from its bankruptcy filing and granted FTX the right to temporarily remove the names of corporate and institutional investors from its client list, but FTX must submit a new request for this within 90 days. Institutional clients don’t face the same risks as individuals, but their names could be valuable property to FTX if it decides to sell its cryptocurrency trading...

U.S. Bankruptcy Judge John Dorsey in Wilmington, Delaware ruled that FTX can permanently remove the names of individual clients from its bankruptcy filing and granted FTX the right to temporarily remove the names of corporate and institutional investors from its client list, but FTX must submit a new request for this within 90 days. Institutional clients don’t face the same risks as individuals, but their names could be valuable property to FTX if it decides to sell its cryptocurrency trading...

Binance.US issued an announcement on Twitter saying: “The SEC has begun to use extremely aggressive and intimidating tactics when launching an ideological campaign against the US digital asset industry. Binance.US and our business partners have also not used these tactics when using these tactics. This creates challenges for the banks we work with. Therefore, in order to protect our customers and the platform, we are suspending USD deposits today and notifying customers that our banking partn...

Binance.US issued an announcement on Twitter saying: “The SEC has begun to use extremely aggressive and intimidating tactics when launching an ideological campaign against the US digital asset industry. Binance.US and our business partners have also not used these tactics when using these tactics. This creates challenges for the banks we work with. Therefore, in order to protect our customers and the platform, we are suspending USD deposits today and notifying customers that our banking partn...

On-chain data shows that roughly $4 billion has flowed out of Binance, Coinbase and Binance US since the SEC enforcement action. The three exchanges saw net outflows of $3.1 billion through the ethereum network and $864 million in bitcoin (BTC) from Monday to Thursday this week, according to data from blockchain analytics firms Nansen and Glassnode. Among them, Binance’s net outflow of Ethereum in four days was 2 billion US dollars. This metric includes ETH and all Ethereum-based tokens. Mean...

On-chain data shows that roughly $4 billion has flowed out of Binance, Coinbase and Binance US since the SEC enforcement action. The three exchanges saw net outflows of $3.1 billion through the ethereum network and $864 million in bitcoin (BTC) from Monday to Thursday this week, according to data from blockchain analytics firms Nansen and Glassnode. Among them, Binance’s net outflow of Ethereum in four days was 2 billion US dollars. This metric includes ETH and all Ethereum-based tokens. Mean...

The Organization for Economic Co-operation and Development (OECD) has introduced a new taxation standard for cryptocurrencies, along with a series of amendments to the existing common reporting standard. The OECD hopes to reduce tax evasion using cryptocurrencies by setting new standards. The new set of rules also introduces changes to the Common Reporting Standard (CRS), which aims to improve tax transparency for overseas financial accounts.

The Organization for Economic Co-operation and Development (OECD) has introduced a new taxation standard for cryptocurrencies, along with a series of amendments to the existing common reporting standard. The OECD hopes to reduce tax evasion using cryptocurrencies by setting new standards. The new set of rules also introduces changes to the Common Reporting Standard (CRS), which aims to improve tax transparency for overseas financial accounts.

The Korea Stock Exchange has applied to the country's Financial Services Commission (FSC) to join the regulatory sandbox for innovative financial services, aiming to officially start offering tokenized securities trading services from the end of this year. “Since the exchange plans to start this business, we are conducting prior consultations with the FSC and plan to apply for innovative financial services designated by the Financial Services Commission as early as this month or early ne...

The Korea Stock Exchange has applied to the country's Financial Services Commission (FSC) to join the regulatory sandbox for innovative financial services, aiming to officially start offering tokenized securities trading services from the end of this year. “Since the exchange plans to start this business, we are conducting prior consultations with the FSC and plan to apply for innovative financial services designated by the Financial Services Commission as early as this month or early ne...

Matthew Long, head of payments and digital assets at the Financial Conduct Authority (FCA), said that after the FCA's new regulations come into force on October 8, it will be prohibited to use airdrops to give away free NFT or cryptocurrency to guide users towards crypto. investment in assets. While crypto airdrops and NFTs themselves would not be banned, combining such incentives with promotions that encourage people to invest is prohibited.

Matthew Long, head of payments and digital assets at the Financial Conduct Authority (FCA), said that after the FCA's new regulations come into force on October 8, it will be prohibited to use airdrops to give away free NFT or cryptocurrency to guide users towards crypto. investment in assets. While crypto airdrops and NFTs themselves would not be banned, combining such incentives with promotions that encourage people to invest is prohibited.

MicroStrategy Executive Chairman Michael Saylor responded to economist Mohamed El-Erian's tweet about Turkey's economic problems. For those struggling to survive in an economy with a collapsing currency like the lira, Bitcoin is the best solution, Saylor said. The country's annual inflation rate stood at 39.59 percent in May, according to the Turkish Statistical Institute. The Inflation Research Group, made up of independent economists, estimated the figure at 109.01%. Accordin...

MicroStrategy Executive Chairman Michael Saylor responded to economist Mohamed El-Erian's tweet about Turkey's economic problems. For those struggling to survive in an economy with a collapsing currency like the lira, Bitcoin is the best solution, Saylor said. The country's annual inflation rate stood at 39.59 percent in May, according to the Turkish Statistical Institute. The Inflation Research Group, made up of independent economists, estimated the figure at 109.01%. Accordin...

Encrypted mining startup WOW EARN announced the completion of a $30 million Series A round of financing, Pinnacle Innovations Capital, Blue Horizon Ventures, Ascendant Growth Partners, Nexus Pioneers Capital and Quantum Leap Ventures participated in the investment, the newly raised funds will be used to expand business, Develop the platform and strengthen its community-based business strategy. It is reported that the mining platform WOW EARN does not require any professional experience or exp...

Encrypted mining startup WOW EARN announced the completion of a $30 million Series A round of financing, Pinnacle Innovations Capital, Blue Horizon Ventures, Ascendant Growth Partners, Nexus Pioneers Capital and Quantum Leap Ventures participated in the investment, the newly raised funds will be used to expand business, Develop the platform and strengthen its community-based business strategy. It is reported that the mining platform WOW EARN does not require any professional experience or exp...

BOCI issued digital structured notes initiated by UBS and placed to its Hong Kong clients, with a total value of 200 million yuan. BOCI became the first Chinese-funded financial institution to issue tokenized securities in Hong Kong. The deal marks the first of its kind in the Asia-Pacific region to comply with Hong Kong and Swiss laws and be tokenized on the ethereum blockchain, UBS said. UBS previously issued $50 million in tokenized fixed-rate notes under UK and Swiss law in December 2022,...

BOCI issued digital structured notes initiated by UBS and placed to its Hong Kong clients, with a total value of 200 million yuan. BOCI became the first Chinese-funded financial institution to issue tokenized securities in Hong Kong. The deal marks the first of its kind in the Asia-Pacific region to comply with Hong Kong and Swiss laws and be tokenized on the ethereum blockchain, UBS said. UBS previously issued $50 million in tokenized fixed-rate notes under UK and Swiss law in December 2022,...