raises - Claimpayback

Magic raises $52m despite crypto bear market

0xMain
May 31, 2023

52m, bear, Crypto, Hacking, Magic, market, raises

Non-custodial wallet-as-a-service provider, Magic, has secured $52 million in funding in a recent funding round, despite challenging bear market conditions. The funding, led by PayPal Ventures and joined by Cherubic, Synchrony, KX, Northzone, and Volt Capital, will support Magic’s efforts to expand its...

EU raises alarm over potential bank threats posed by stablecoins

0xMain
May 25, 2023

alarm, Bank, Hacking, posed, potential, raises, stablecoins, threats

The European Systemic Risk Board has recommended increased disclosures and monitoring as measures to combat the risks associated with the cryptocurrency market. This alarm follows concerns have been raised about the potential impact of a sudden crisis in the crypto sector on the...

Digital Currency Group’s failure to pay $630m raises concerns

0xMain
May 22, 2023

630m, concerns, currency, Digital, failure, groups, Hacking, pay, raises

Genesis Global Capital, the now bankrupt lending arm of Digital Currency Group (DCG), has failed to pay approximately $630 million due to creditors, leading to discussions among stakeholders about a potential default. The situation highlights the challenges faced by the crypto industry and...

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Buterin raises concerns about extending Ethereum’s consensus beyond core functions

0xMain
May 22, 2023

Buterin, concerns, consensus, Core, Ethereums, extending, functions, Hacking, raises

In a recent blog post titled “Don’t overload Ethereum’s consensus,” Vitalik Buterin has expressed concerns about the dangers of extending Ethereum’s consensus beyond its core functions. Buterin’s May 21 blog post focuses on the need to preserve the minimalism of the blockchain. It...

Taboo raises $10m to expand entertainment platform

0xMain
May 11, 2023

10m, entertainment, expand, Hacking, platform, raises, Taboo

Taboo, an entertainment platform that prioritizes user privacy and is censorship-resistant, has raised $10m at a $250m valuation. TABOO’s blockchain content creation and distribution Taboo offers users a secure environment to share their thoughts and ideas without fear of surveillance or censorship. The platform...

Kennedy Jr. is against Biden’s crypto tax plan, raises privacy concerns about CBDCs

0xMain
May 6, 2023

Bidens, CBDCs, concerns, Crypto, Hacking, Kennedy, plan, Privacy, raises, tax

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Robert Kennedy Jr. has spoken out against President Biden’s proposed 30% tax on cryptocurrency mining, emphasizing the importance of financial privacy and the need to support innovation within the...

El Salvador school program raises over $29k via Bitcoin Lightning Network

0xMain
May 4, 2023

29k, Bitcoin, Hacking, Lightning, Network, program, raises, Salvador, school

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied My First Bitcoin, an El Salvadoran nonprofit program, has raised over 1 bitcoin (BTC) in less than three weeks from Bitcoin education enthusiasts. Support has poured in from countries...

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Standard Chartered’s crypto custody subsidiary Zodia raises $36m

0xMain
April 27, 2023

36m, Chartereds, Crypto, custody, Hacking, raises, Standard, subsidiary, Zodia

Standard Chartered Bank’s crypto custody arm Zodia Custody Ltd., has closed a $36 million funding round led by SBI Holdings. The funding will enable Zodia to expand its geographical presence and add support for more crypto assets, including staked ether (ETH). At a...

Ripple CEO raises concerns over Gensler’s recent comments

0xMain
March 31, 2023

CEO, comments, concerns, Genslers, Hacking, raises, Ripple

Ripple CEO Brad Garlinghouse has urged lawmakers in the US to address recent statements made by the chairman of the SEC, Gary Gensler. He implied that the current securities laws are sufficient for regulating the cryptocurrency market. The statements made by Garlinghouse are...

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DWF Labs raises $10m aimed at web3 startup Radix Tokens

0xMain
March 23, 2023

10m, aimed, DWF, Hacking, Labs, Radix, raises, startup, tokens, web3

DWF Labs has organized a private investment round that resulted in the acquisition of $10 million for the asset-oriented innovative contract platform Radix Tokens. This investment offers Radix a value of $400 million and will help the platform’s efforts to expand its high...