Pave Bank, which lets businesses manage both fiat and digital assets in real time, raised a $39M Series A led by Accel, with Tether and others participating
RT Watson / The Block :
Tether, the world's largest issuer of stablecoins, says it has hit 500M users; the supply of USDT nears ~$182B while Circle's USDC has ~$75B in circulation
RT Watson / The Block :
Conduit, whose cross-border payments network integrates stablecoins and local currencies, raised a $36M Series A co-led by Dragonfly and Altos Ventures
RT Watson / The Block :
Interfax: Russia's Central Bank and Finance Ministry plan to launch a crypto exchange for “highly qualified investors” under an experimental legal regime
RT Watson / The Block :
Trump pardons BitMEX founders Arthur Hayes, Benjamin Delo, and Samuel Reed, who previously pled guilty to federal criminal charges related to money laundering
Is Do Kwon Next? Associated Press : Trump pardons founder of electric vehicle start-up Nikola, Trevor Milton Assad Jafri / CryptoSlate : Trump exonerates BitMEX co-founder in landmark anti-money laund...
The TON Foundation raises over $400M from Sequoia Capital, Ribbit, and others via a sale of its Toncoin cryptocurrency, and says there are now 40M+ active users
RT Watson / The Block :
Arkham says ZachXBT submitted proof that North Korea's Lazarus Group is behind Bybit's $1.5B hack, which is the largest single theft in crypto history
RT Watson / The Block :
Crypto derivatives exchange Bitnomial raised $25M led by Ripple and launches Botanical, a futures trading platform in the US currently in closed beta
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Worldcoin announces World Chain, a Layer 2 Ethereum blockchain designed to prioritize verified humans over bots, slated for release this summer
American Wrap 17 April RT Watson / The Block : Worldcoin to have its own Layer 2 blockchain called World Chain Niamh Rowe / Fortune : Worldcoin, Sam Altman's eye-scanning crypto project, announces its...
Ripple plans to launch a stablecoin later in 2024 that is “100% backed by US dollar deposits, short-term US government Treasuries, and other cash equivalents”
Today's edition is brought to you by BetterHelp … Brenda Ngari / ZyCrypto : XRP Eyes Mega Surge To High Prices As Ripple Readies To Storm $155 Billion Stablecoin Market Mehron Rokhy / The Daily Hodl :...