Digital yuan transactions top US$73 mln in Guangzhou
It took two-and-a-half months for China’s southeastern city of Guangzhou to surpass 490 million yuan (US$73.2 million) in digital yuan...
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Horizon’s US$100 mln crypto hack prompts FBI investigation
The Federal Bureau of Investigation (FBI) and multiple cybersecurity companies have started investigating the US$100 million hack on Harmony Protocol’s...
Chinese maker of virtual garment designing software raises nearly US$100 mln
Linctex Digital Technology, headquartered in China’s southeastern province of Zhejiang, Tuesday said the pre B+ round included commitments from existing...
Bitcoin rig maker Canaan reports over $200 mln in Q1 revenue
Chinese crypto mining rig maker Canaan booked robust revenue growth in Q1 2022 despite logistical issues and supply chains disruptions...
Chongqing reports US$43 mln digital yuan trading volume in debut month
China southwestern municipality Chongqing recorded 288 million yuan (US$43 million) in total digital yuan trading volume across 1.576 million transactions...
Ripple to invest US$100 mln for carbon removal in race to zero emissions
Blockchain-based payments network Ripple announced its plans to invest US$100 million in climate-focused fintechs and carbon removal technology for the...
NFT blockchain Flow launches $725 mln Blockchain Ecosystem
NFT blockchain Flow launches $725 mln Blockchain Ecosystem DapperLabs' NFT blockchain Flow announced the launch of a $725 million ecosystem...
KuCoin raises US$150 mln at US$10B valuation
The series B round, led by Jump Crypto, helped push the cryptocurrency exchange’s valuation to US$10 billion, KuCoin said. Image:...
CoinDCX investment arm to invest $13 mln in Web3 startups
CoinDCX Ventures has pledged Rs 100 crore (US$13 million) to early stage cryptocurrency, blockchain and Web 3.0 startups over the...
Nvidia to pay $5.5 mln for inadequate disclosure of crypto mining earnings
Graphics card giant Nvidia has agreed to pay a US$5.5 million fine for inadequate disclosure on its sales related to...