Bank of England’s PRA raises budget $31M for ‘emerging risks’ like crypto

The Bank of England’s regulatory arm has raised its budget by $31.6 million (£24.3 million) for the coming financial year saying that costs have increased due to its growing responsibilities and preparations for “emerging risks in the financial system”. According to the latest business plan released on Wednesday April 20 by the Prudential Regulation Authority […]

Cricket NFT startup Rario raises $120M in Series A funding

On Thursday, cricket nonfungible token (NFT) platform Rario announced that it secured $120 million in Series A funding in a round led by Dream Capital, the venture subsidiary of Dream Sports. As told by Rario, it currently has the largest share of cricket NFT rights via partnerships with six international cricket leagues and a roster […]

Flared-Gas Bitcoin Miner Crusoe Energy Raises $350M Series C

“This capital will enable Crusoe to deploy Digital Flare Mitigation at greater scale, to use its solution to accelerate renewable energy deployment, and to continue innovating its industry-leading technology,” said Ben Kortlang, partner at G2 Venture. “After a deep dive into flare mitigation and modular data center technologies, we concluded that Crusoe is the clear […]

Solana DeFi Protocol Delta One Raises $9.1M to Offer Crypto Yield Farming

“You have this market neutral exposure, so you can ‘set and forget’ your position. You don’t need to worry about ‘Oh, the price is constantly changing.’ It’s not really reflecting the price too much,” Delta One co-founder Paul Sengh told CoinDesk in an interview. Source link

BlockApps Raises $41M to Bring More Real Assets to Its Blockchain

“[BlockApps is] solving some of the world’s biggest challenges and causing industries to re-think what’s possible with blockchain technology – especially when it comes to navigating the complexities of today’s sustainability challenges and supply chain issues,” said Murtaza Akbar, founding partner at Liberty City Ventures, in the press release. Source link

Indian Crypto Exchange CoinDCX Raises Over $135 Million in New Funding Round

Indian crypto exchange CoinDCX raised over $135 million in Series D funding, the co-founder and CEO, Sumit Gupta wrote in a Twitter post. The funding increases CoinDCX’s valuation to to $2.15 billion from $1.1 billion following Series C funding in August 2021, said Rasika Joshi, director of media relations at CoinDCX. Source link

Crypto exchange CoinDCX raises $135M funding to support Indian Web3

Crypto exchange CoinDCX became India’s first crypto business to complete a Series D funding round, raising $135 million in support of various Web3 and crypto initiatives in the country.  The latest funding round resulted in CoinDCX doubling its valuation to $2.15 billion, which was led by Pantera and Steadview and saw participation from prominent investors […]

Epic Games raises $2B for Metaverse, Mastercard scales NFT plans and Ripple scores big win against SEC: Hodler’s Digest, April 10-16

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Mastercard files 15 metaverse and NFT related trademarks Multinational payments […]