Plasm Network closes $10M fundraise to bolster Polkadot ambitions
With Kusama slot parachain auctions underway, the first starting next week, Plasm and Shiden networks prepare for a multi-chain future with Polkadot.
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Twitter chief says integration of BTC Lightning Network “a matter of time”
Twitter’s founder and CEO says the integration of Bitcoin layer-2 payments — the Lightning Network — into the social media platform may be on the horizon.
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Some cryptos unfit for payment, says Chinese central bank ex-governor
A former governor of the People’s Bank of China said today that some cryptocurrencies have forfeited their opportunity to return to use as methods of payment.
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Foreign crypto exchanges eye India despite regulatory uncertainty
Despite regulatory uncertainty over cryptocurrency trading in India, some of the world’s largest crypto exchanges are looking to enter the market.
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Bitmain rallies crypto miners to ponder options as industry eyes China exit
Chinese crypto mining rig maker Bitmain is reportedly set to meet with miners and industry participants next week to discuss relocating mining operations overseas.
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Singapore’s GIC takes 8% stake in HK’s digital asset company BC Group
GIC, Singapore’s sovereign wealth fund, is investing in BC Group—the parent company of OSL, Hong Kong’s first licensed cryptocurrency exchange.
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Hashrate drops as Chinese crypto mining ban extended to more provinces
Cryptocurrency mining prohibition in Xinjiang and Qinghai follows Inner Mongolia ban.
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Jump Trading partners with Solana-based DeFi protocol Oxygen
Jump Trading, a high-frequency trading firm, is joining Oxygen, a decentralized finance prime brokerage protocol, as a strategic partner and market-maker to provide liquidity on the Oxygen platform.
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BIS, Swiss and French central banks team up for CBDC Project Jura
The BIS, together with the central banks of France and Switzerland, are collaborating on a wholesale central bank digital currency experiment for cross-border settlements.
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South Korea cracks down on suspicious crypto exchange accounts
South Korea’s main finance sector regulator has launched an investigation of accounts operated by crypto exchanges under false or third-party names.