BVNK will use the funds realized from the Series A round to further its push for regulatory approval.
The losses that are being recorded in the price of Bitcoin are being modeled by other altcoins as many slumped to levels that are yet to be seen in months.
Dogecoin is currently trading at $0.075, which is a 27% pullback in the last 24 hours and more than 90% fall from its all-time high.
Grayscale Investments stated in its SEC meeting report that GBTC has expanded to accommodate more than 865,000 investors.
USDT slipped to $0.96 on FTX but remained at $0.998 on Bitfinex.
Galaxy Digital wants to purchase 10.6 million of the company’s ordinary shares under the stock buyback initiative.
Do Kwon’s UST and Luna rescue plan requires the absorption of both assets before their exit before the dollar parity process begins.
While the platform will support only Bitcoin and Ether trading initially, it will add support for other cryptocurrencies along the line.
FTX US revealed its application for a trust charter along with announcing the appointment of a new Chief Compliance Officer (CCO). Marissa MacDonald, experienced compliance professional from Fidelity Investments Inc, will be in charge of the licensed trust.
Along with crypto tax guidance, Germany is now also working on a supplementary document that will address the cooperation between the federal states and their commitments to the subject.
The new leaders of the council are committed to helping the members channel their resources in a bid to enhance the connectivity that the metaverse is expected to bring across the board.
The platform will be powered by the ISK Tokens which will serve as the exclusive asset for the platform’s pioneer Non-Fungible Token (NFT) and also be deployed as the governance token along the line.
According to data, almost all the largest NFT collections in the market are down by a considerable margin.
UST’s decline has prompted calls from the US government on the stablecoin regulation.
Dollar stablecoin UST plunged substantially on Wednesday to below 40 cents, as its sister token Luna also sank 80% to $5.