News (337)

New Crypto Council for Innovation Brings Together Formidable Team of Advocates

The Crypto Council for Innovation (CCI) has lifted off with the aim of “informing and encouraging responsible crypto-related public policy” in partnership with institutions and governments across the world. The Council boasts some heavyweight member organizations that were convened by investment firm Paradigm and includes Coinbase, Fidelity Digital Assets and Square Inc., according to an announcement from the member organizations.


Gemini, Square Crypto Dole Out $125K Grant to Blockchain Explorer Developers

Square Crypto and Gemini have given out another grant, this time to pseudonymous developers Wiz and softsimon. So reports Coindesk.


Europol Arrests Italian Man for Allegedly Contracting Assassin with BTC

An unnamed Italian man was arrested for allegedly using Bitcoin to hire a hitman to assassinate his ex-girlfriend. So reports ZD Net.


Ramp Ramping Up Valuation After $115M Funding Round

Fintech startup Ramp pulled in $115 million during a funding round led by Stripe and D1 Capital Partners. So reports Reuters.


Dimon to Shareholders: Fintech Banking is 'Here to Stay'

Jamie Dimon, JPMorgan Chase CEO and chairman, told shareholders he believes fintech is an “enormous” competitive threat to the banking industry. So reports CNBC.


Robinhood to Invest $12M in N.C., Generate Hundreds of New Jobs in Charlotte

Robinhood is expecting to bring 400 new jobs to North Carolina’s Mecklenburg County as it will be investing close to $12 million to establish an operation in Charlotte. So reports the WSOC-TV.


China’s Fintech Sector Continues to Struggle, Bairong the Latest Victim

The Chinese technology sector continues to flounder as fintech Bairong Inc. limped into its Hong Kong debut. So reports Yahoo! Finance.


HODLers Gonna HODL, New Blockchain Data Shows

New research suggests growth in Bitcoin being held between one month to half a year. This indicates that there is “strong conviction” behind the coin’s recent rally. So reports Coindesk.


Series C Helps AI-fintech HighRadius Triple Valuation

AI software developer HighRadius raised $300 million in a Series C round led by Tiger Global and D1 Capital. So reports TechCrunch.


Fidelity Bitcoin ETF Application Now in Hands of the SEC

Fidelity Investments is planning to launch a Bitcoin ETF and has filed the necessary paperwork with the Securities and Exchange Commission to that end. So reports CNBC.


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