Major Brazilian investment bank BTG Pactual continues onboarding new cryptocurrency services with the launch of its own stablecoin backed by the U.S. dollar. BTG Pactual is preparing to launch the BTG Dol, a new stablecoin pegged to USD on a 1:1 ratio, using the bank’s custody services. Announcing the news on April 4, BTG Pactual […]
Web3 messaging protocol creator LayerZero Labs has raised a $120 million Series B round at a valuation of $3 billion, tripling its valuation from the $135 million round in March 2022. Investors in the latest round, included the crypto arm of noted investment firm Andreessen Horowitz, auction house Christie’s, Sequoia Capital and Samsung Next. The […]
Citizens in Nanjing, China, have opened more than 310,000 personal digital yuan wallets – with other cities in the nation also posting similar statistics. Per the Nanjing Daily (via JS News), private citizens in the city – the capital of Jiangsu Province – have opened “over 310,000 digital yuan personal wallets.” A further 22,000 firms […]
Polyhedra Network, a startup that provides Web3 infrastructure backed by zero-knowledge (ZK) proofs, has raised $15 million in a pre-Series A funding round led by Polychain Capital, according to press materials shared exclusively with CoinDesk. The fundraise comes a little over a month after the startup closed a $10 million strategic funding round from Binance […]
Die Kryptoindustrie hat von ihren Anfängen bis heute eine wilde Fahrt hinter sich. Binance, die größte Kryptobörse der Welt, steht an der Spitze dieser Branche. Interne Dokumente, die einem Nachrichtenmagazin zugespielt wurden, zeigen jedoch, dass es über die Jahre hinweg enge Verbindungen zwischen Binance und China gab, selbst nach der großen chinesischen Krypto-Säuberungsaktion von 2017. […]