Latest VC Funding Round Highlights
🔹Oxyle: $16M for PFAS destruction solutions. Learn more
🔹AirBaltic: Secured $14.62M. Learn more
🔹Geniova: Raises $13.53M for aligner technology. Learn more
🔹HEXANA: $12.91M for modular nuclear reactors. Learn more
🔹OCELL: $10.44M to support carbon credits. Learn more
🔹Pixion Games: $12.40M for competitive gaming. Learn more
🔹Pod: Raised $10M for Web3 enhancements. Learn more
🔹Canvas: $10M for AI-driven CAD modeling. Learn more
🔹Cedar Money: $9.90M simplifying African payments. Learn more
🔹1st Commercial Credit: $7M for financing solutions. Learn more
Stay updated with the latest in venture capital!
#VC#Funding#Tech#Nuclear#Gaming#Web3#AI#Finance#Payments#CarbonCredits
Crypto Turmoil: TON Wallet Leaks
TON's Manuel Stotz faced backlash after transferring funds to KuCoin, sparking FUD among investors. Despite rumors, he sold 1.3M TON before a $50M unlock. American parents are shifting college savings to Bitcoin. Additionally, rising electricity prices in the U.S. triggered a drop in Bitcoin mining difficulty and miner revenues, now at $2.19 per TH/s. Experts anticipate recovery post-winter.
Read more on the TON transfers here and mining analysis here.
#TON#Crypto#Mining#Bitcoin#US#Investing#Electricity#Markets#Finance#Investors#Volatility
Peter Schiff Admits Bitcoin's Value
Notable investor Peter Schiff declares Bitcoin as "digital gold," acknowledging its significance in the market. In related news, $160 million in Bitcoin shorts have been liquidated in the last 4 hours, hinting at major market movements. Read more from Watcher Guru.
#Bitcoin#DigitalGold#MarketMovements#Crypto#Trading#Liquidation#Finance#Investment#Schiff
MicroStrategy Faces Major Tax Implications
Starting in 2026, MicroStrategy could incur significant tax liabilities due to new IRS legislation (CAMT); a 15% tax applies to large corporations with annual revenues over $1 billion. MicroStrategy holds $47 billion in assets and has a paper profit of $18 billion. Without an IRS exemption, their Bitcoin strategy could severely impact their balance sheet. For more details, visit ForkLog.
#IRS#Tax#MicroStrategy#Bitcoin#Assets#Finance#Crypto#Taxation#Investments#Market VC
BVNK Secures $50M Funding
BVNK has raised $50M to bolster its stablecoin payments infrastructure. The funding round emphasizes their mission to integrate banks and blockchains, facilitating quicker global money transactions. More info at BVNK.
#BVNK#Funding#Stablecoin#Blockchain#Payments#Infrastructure#Finance#GlobalTransactions
Senator Lummis Chairs Digital Assets Committee
Senator Cynthia Lummis has been elected as chair of the Senate Banking Subcommittee on Digital Assets. Known for her strong support of #Bitcoin and blockchain technology, she aims to urgently pass laws creating a Strategic Bitcoin Reserve. This elevation marks a significant event for the crypto industry. The Senate Banking Committee is set to officially vote on this appointment tomorrow at 10 AM EST.
Links:
- Leviathan News
- Watcher Guru
- Fox Business
#Lummis#DigitalAssets#Crypto#Bitcoin#Blockchain#USSenate#BitcoinReserve#VC#Regulation#Finance#Investment#Economy#Innovation
Georgia Considers Bitcoin Investment Bill
A new bill in Georgia aims to enable the state treasurer to invest in #Bitcoin. This move could open new avenues for state-level cryptocurrency investment. Stay updated on this potential legislation! Read more
#Bitcoin#Crypto#VC#Georgia#Legislation#Investment#Blockchain#Finance#CryptoNews#Treasury#State#Economy
Major BTC Transfer from Robinhood
🚨 A significant transfer of 952 #BTC (valued at $91,733,738) has been made from #Robinhood to an unknown wallet, according to Whale Alert. Details can be viewed here.
Additionally, the crypto exchange Deribit is attracting interest from potential acquirers, as reported by Bloomberg. For more, see the full article.
#BTC#Robinhood#Crypto#Deribit#Finance#WhaleAlert#DeFi#Acquisition#Options
Grayscale Files for Litecoin and Solana ETFs
Nate Geraci, President of The ETF Store, announced that the NYSE has filed a 19b-4 form for the Grayscale Litecoin Trust, potentially transitioning it into an ETF. Alongside this, Grayscale has also submitted a file for a Solana ETF. CoinShares is making moves for both Litecoin and XRP ETFs. Additionally, BlackRock is working to modify its Spot Bitcoin ETF for in-kind redemptions, skipping dollar swaps entirely.
For more details, view the tweets here: Nate Geraci's Tweet, Grayscale Litecoin Filing, CoinShares XRP filing.
#ETF#Litecoin#Solana#BlackRock#Crypto#XRP#VC#Finance#StockExchange#NYSE
BitMEX Fined $100M for AML Violations
Judge John Koeltl sentenced HDR Global Trading (BitMEX) to two years of unsupervised probation and a $100 million fine for violating the U.S. Bank Secrecy Act. This follows BitMEX's guilty plea for failing to implement an effective Anti-Money Laundering program. Read more here: link
#BitMEX#AML#Crypto#US#BankSecrecyAct#Finance#Prohibition
Joint Venture for HKD-Backed Stablecoin
Standard Chartered, Animoca Brands, and HKT have established a joint venture to issue a HKD-backed stablecoin under Hong Kong’s new regulatory framework. This collaboration will leverage Standard Chartered Bank (Hong Kong)'s robust infrastructure and governance. More details can be found here: Animoca Brands.
#Stablecoin#HongKong#Finance#Crypto#VC#StandardChartered#AnimocaBrands#HKT#Regulation
Avalanche Visa Card Launches Today
Avalanche has officially launched its Visa card to promote cryptocurrency adoption. The card allows users to spend crypto easily in daily transactions, integrating DeFi solutions. This move aims to bridge the gap between traditional finance and the digital currency landscape, enhancing user accessibility to crypto assets. Read more here.
#Avalanche#Crypto#DeFi#Visa#Blockchain#Finance#MassAdoption#Payments#DigitalCurrency