Movement Labs to close $100M VC round: Report
The deal would reportedly value the layer-2 developer at around $3 billion, Fortune reported.
Related Posts


Decentralized and traditional finance tried to destroy each other but failed
The year 2022 is here, and banks and the traditional banking system remain alive despite decades of threatening predictions made by crypto enthusiasts. The only endgame that happened— a new Ethereum 2.0 roadmap that Vitalik Buterin posted at the end of last year. Even though with this roadmap the crypto industry would change for the better,…

New Bitcoin entities near all-time high as analyst heralds ‘positive whale activity’
Bitcoin (BTC) on-chain activity is "dead" but on-chain indicators are overwhelmingly positive right now, says analyst William Clemente.In the latest edition of Anthony Pompliano's weekly newsletters, Clemente highlighted multiple metrics showing no reason to be bearish about Bitcoin this month.50,000 new Bitcoin entities every dayWith BTC price action failing to impress, there is no shortage…

Crypto Giant Binance Launches Token Airdrop Following JEX Acquisition
Major cryptocurrency exchange Binance plans to launch a token airdrop as part of the company’s acquisition of JEX, a crypto-asset trading platform.In a Sept. 5 announcement, Binance again revealed the acquisition of JEX, which will now operate under the name Binance JEX as an independent team within the Binance ecosystem. Following the acquisition, Binance is…

Dubai Debuts Nationwide Data Platform Powered by Blockchain
The United Arab Emirates is debuting a blockchain-based Know Your Customer, or KYC, platform. 1214 Total views 8 Total shares This platform is set to become a nationwide system for exchanging verified customer data.Dubai’s Department of Economic Development, or DED, and state-run bank Emirates NBD are rolling out their so-called UAE KYC Blockchain Platform.120 local…

FBI seizes $6M from crypto scammers targeting US citizens
Tether said it aided in recovering the stolen crypto by freezing the scammers’ wallets, which the FBI then seized.

US: Crypto Industry Reps, Lawmakers, Venture Capitalists to Discuss Regulatory Landscape
Representatives from U.S.-based financial giants and cryptocurrency startups will meet with Washington lawmakers this Tuesday to discuss the regulatory landscape, CNBC reported September 24.The roundtable dubbed "Legislating Certainty for Cryptocurrencies" will reportedly be hosted by Rep. Warren Davidson (R-Ohio). The attendees will address the issue of policy-making regarding the new asset class in the run-up…

Individual charged with money laundering admits to hacking Bitfinex in 2016: Report
The identity of the hacker or hackers behind an exploit which removed more than 100,000 Bitcoin from Bitfinex in 2016 had only been the subject of speculation until Aug. 3. 89 Total views 1 Total shares One half of the couple alleged to have laundered billions of dollars worth of cryptocurrency has reportedly admitted he…

Major Crypto Exchange Coinbase ‘Explores’ Listing XRP, Cardano, EOS, Others
Major United States-based crypto exchange Coinbase is “exploring” the possibility of providing trading support for over 30 cryptocurrencies. Potential new additions include Ripple (XRP), EOS and Cardano (ADA), according to a press release published Friday, Dec. 7.The company has revealed a list of 31 cryptocurrencies, including the aforementioned three, as well as NEO, Tezos (XTZ), and…