Ledger’s last round was at a €1.3 billion valuation. The startup will use the funds to develop a new generation of hardware wallets, building on its latest offer Ledger Stax. New investors in the series C extension round included VaynerFund and True Global Ventures. Ledger, the leading cryptocurrency hardware wallet
In an interview, Galaxy Digital CEO Mike Novogratz expressed confidence in the strength of the cryptocurrency market this year. Sellers are exhausted, Novogratz said, with China easing restrictions and Hong Kong showing a more positive attitude toward digital assets. “I wouldn’t be surprised if the market spikes in three months
Galaxy Digital CEO urges the government to shift its regulatory efforts to AI. Mike Novogratz, a technology-driven financial services and investment management firm’s Galaxy Digital CEO, believes the government should direct more of its regulatory efforts to artificial intelligence (AI) than crypto. During the Galaxy’s Fourth Quarter Shareholder Update Conference
According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least $10 million” from the now-defunct quantitative trading
Cryptocurrencies hog the spotlight, but blockchain’s biggest innovations are below the surface, saving billions each year for the world’s largest companies. Edited by Michael del Castillo and Matt Schifrin Reported by Maria Abreu, Nina Bambysheva, Justin Birnbaum, Lauren Debter, Michael del Castillo, Steven Ehrlich, Chris Helman, Katie Jennings, Jeff Kauflin
Do Kwon established a company just weeks after Interpol issued a “Red Notice” for the Terraform Labs co-founder. Terraform Labs co-founder Do Kwon has reportedly created a Serbian company for less than $1. According to official records from the Serbian Business Registry obtained by DLNews, South Korean national Do Kwon
NFT Inspect is a web-based app and browser extension for Web3 and NFTs. JVH Technology Inc. has acquired full ownership of the Social Intelligence application. Co-founder Stefan Mai and Evan King have left the project to pursue other interests within the industry. Blockchain technology firm JVH Technology Inc. has acquired
French luxury fashion brand Balmain announced on social media the launch of the limited edition NFT series Unicorn Phygital Wearable Collection. The collection includes 130 unicorn sneaker NFTs, each corresponding to a physical pair of shoes. Buyers can pay with traditional currencies or ETH. While Balmain’s Unicorn NFT is currently
The Commodity Futures Trading Commission (CFTC) filed a lawsuit in U.S. federal court on Monday against cryptocurrency trading platform Binance, its founder and CEO Changpeng Zhao “CZ,” and chief compliance officer Samuel Lim, for violating several U.S. laws governing commodities. Laws and regulations, including failure to combat money laundering on
Chinese banks are backing Hong Kong-based crypto companies despite the ongoing crypto ban in China. According to a Bloomberg report, banks in mainland China are rushing to offer financial services to Hong Kong-based crypto firms. The unexpected backing comes amid an ongoing ban on cryptocurrency operations in mainland China. Did
