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Solana-Powered Defi Platform Orca Raises $18 Million — AMM Commands Over $300 Million TVL

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The decentralized exchange (dex) platform Orca has announced the platform has raised $18 million in a Series A financing round with Polychain, Placeholder, and Three Arrows co-leading the funding. The dex platform is a Solana-based project that aims to be the…

US Court Sentences Cryptocurrency Hedge Fund Founder to 7.5 Years in Prison

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The founder of two cryptocurrency hedge funds in New York, Stefan Qin, has been sentenced to 7.5 years in prison and three years of supervised release. He is also ordered to forfeit about $55 millón. The Department of Justice (DOJ) dijo…

Paypal Completes Rollout of Crypto Offering in UK: First International Expansion Outside US

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Paypal has completed the first international expansion of its cryptocurrency offering outside of the U.S. Paypal Crypto is now available to customers in the U.K. allowing them to buy, hold, and sell four kinds of cryptocurrencies. Paypal Crypto Now Available to…

Salvadoran Court of Accounts to Investigate Government’s Bitcoin ATM Buys, Chivo Kiosk Construction

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According to reports stemming from the Salvadoran Court of Accounts, the regulatory body is planning to investigate the government’s bitcoin automated teller machine (Cajero automático) purchases and Chivo kiosk construction. The investigation follows the recent protest in El Salvador against the adoption…

Study Shows Cross-Chain Bridge Technology Growth, Bridges to Ethereum Exceed $7 mil millones

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En septiembre 8, 2021, Dmitriy Berenzon, research partner at 1kxnetwork, an early-stage crypto fund that helps founders bootstrap token networks, published a comprehensive research post concerning blockchain bridges. Berenzon’s study highlights the current “multi-chain market structure” and bridges that are making…

La provincia china de Hebei comienza a tomar medidas enérgicas contra la criptominería y el comercio, Revelación de informes

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Según se informa, las autoridades de la provincia china de Hebei lanzaron una campaña contra la minería y el comercio de criptomonedas.. Según un comunicado citado por la región’administración del ciberespacio, a number of government agencies are working together to prevent the use of the…

La SEC de EE. UU. emite una advertencia sobre estafas de criptoinversión citando que "algunos inversores pueden tener FOMO"

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Los Estados Unidos. Comisión Nacional del Mercado de Valores (SEGUNDO) has issued a warning about fraudulent investment schemes involving cryptocurrencies. The regulator notes that some investors may have fear of missing out (FOMO) given the rise in prices of some crypto assets in recent…