US Crypto Firms Will Soon Have Another Banking Option

Ellipsis Labs raises $20 million from Haun Ventures to accelerate the launch of Atlas, a layer-2 blockchain focused on verifiable finance. The team currently operates Phoenix, a Solana-based decentralized exchange. Ellipses closed a $20 million series A round in April, led by Paradigm. 02:19 Spot Bitcoin ETFs Record $870M Inflows as BTC Tests All-Time High

If you’re a politician, this isn’t an easy time to come out supporting crypto. Especially in the wake of the FTX collapse, it might seem more expedient -- and safer -- to make crypto a punching bag than endorse it as a promising industry.Senator Elizabeth Warren, in the most famous example of this, declared on

news Netki has upgraded its digital identity service to help cryptocurrency firms meet tough new international standards for combating money laundering.  Announced Monday, the upgrade to TransactID adds two new features: The ability to break down certificates of a user’s identity into smaller pieces of personally identifiable information (PII); and the ability for senders and…

The artist who created the most expensive non-fungible token (NFT) ever sold has finally made his first profile-picture (PFP) NFT purchase.On Tuesday afternoon, Mike Winkelmann, better known as Beeple, bought CryptoPunk #4953 for 113.7 ETH, which cost him $208,000, according to data from Etherscan.Last week, Beeple posted a tweet sharing he was “in the market…

Cryptocurrency exchange Gemini will stop offering services to customers in the Netherlands from Nov. 17, citing regulatory pressures.The company said it is taking the step "due to requirements imposed by the De Nederlandsche Bank (DNB)," in a message on its website's support page.Customers have been asked to ensure they have withdrawn their crypto and fiat

There are rumors circulating that Ripple Labs Inc., the U.S.-based technology company that builds XRP infrastructure, may soon settle with the U.S. Securities and Exchange Commission (SEC). There is hardly an example of how many unsettled legal questions surround crypto as this case, currently in the dockets of the Court of Southern District of New…

Oct 2, 2020 at 14:15 UTCUpdated Oct 2, 2020 at 14:42 UTC(Images_of_Money's/Wikimedia Commons)Coinbase has told some of its users it is passing their details onto the U.K. tax authority, HMRC. As first reported by Decrypt, the popular crypto exchange emailed some users saying that as part of a deal with HMRC, it must provide records…

news Venture capital firm Sequoia India has led a $3 million seed round for blockchain startup Band Protocol, which incentivizes reliable content producers with token rewards and staking. Announcing the news on Tuesday, the Thailand-based startup said that other participating investors in the round included Dunamu & Partners (the venture arm of the operator of South…

Alex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Alex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Alex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Alex…