Top Stories
Twitter Partners With eToro to Let Users Trade Stocks, Crypto As Musk Pushes App Into Finance
Twitter users will be able to access stocks, cryptocurrencies and other financial assets through a partnership with eToro, a social trading company. The partnership will allow users to view market charts on an expanded range of financial instruments and buy and sell stocks and other assets from eToro.
Exploit Involving Aave V1 and Yearn Estimated to Be Around $10 Million: PeckShield
Reports have emerged of a $10 million exploit involving the DeFi protocols Aave V1 and Yearn Finance. The exploiter received a mix of stablecoins, including DAI, USDC, BUSD, TUSD, and USDT.
London Stock Exchange To Launch Bitcoin Futures And Options Trading
The London Stock Exchange Group (LSE) has partnered with Global Futures and Options (GFO-X) to launch the UK's first regulated Bitcoin futures and options trading, with the launch expected in Q4 2023.
Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has announced its continued commitment to the Canadian market by providing a pre-registration undertaking to the Ontario Securities Commission (OSC).
Montana ‘Right to Mine’ Crypto Bill Passes the House
Montana's House of Representatives has passed a bill that prohibits local authorities from obstructing crypto mining operations. Bill number 178 establishes a "digital asset mining right" and forbids discriminatory electricity rates charged to cryptocurrency miners.
Market Watch
As of press time, according to Cointime data:
BTC 's live price is $30,345.17 USD, jumped by 0.37% in the last 24 hours;
ETH’s live price is $2,005.73 USD, jumped by 6.15% in the last 24 hours;
BNB’s live price is $324.61 USD, jumped by 1.33% in the last 24 hours;
XRP's live price is $0.5102 USD, jumped by 0.77% in the last 24 hours.
Fundraising News
As Camel Ventures launches its inaugural venture capital investment vehicle, Camel Ventures for Investment I, with a fund of EGP 500 million ($16 million), the company hopes to support the growth of Egypt's fintech startup ecosystem.
Indian Early-Stage Venture Fund Pi Ventures Raises $12M From SIDBI
Indian venture fund pi Ventures has secured INR 100 crore ($12m) or 15% of the corpus out of the Fund of Funds for Startups (FFS) managed by the Small Industries Development Bank of India (SIDBI).
Digital-first bespoke jewellery business Taylor & Hart, which was founded in Bulgaria and is based in London, has secured £3.5m in funding from Virgin Money, Active Partners and Seedrs.
As Tech Slumps, SoftBank Sells VC Unit to Singapore-Based Firm Led by Masayoshi Son’s Brother
SoftBank is selling its venture capital arm, SoftBank Ventures Asia (SBVA), to Singaporean investment firm The Edgeof, according to the two companies. The financial terms of the deal have not been disclosed, but The Edgeof aims to complete the acquisition this year.
CryptoTechFin Closes Half a Million Euros Investment Round
Spanish start-up CryptoTechFin, which develops cryptocurrency investment technology, has closed a pre-seed funding round worth close to €500,000. The deal, led by investors Not Just Investments and R2 Seed Investments, will allow CryptoTechFin to open up a new customer segment through a partnership with GenTwo and local Swiss entities to create an investment product with a Swiss ISIN focused on professional and institutional investors.
Blockchain Capital Sold Off LDO, RPL Before Shanghai Upgrade
Blockchain Capital has sold significant amounts of liquid staking derivatives (LSDs) ahead of Ethereum's Shanghai upgrade. According to Lookonchain, the venture firm sold 1.5 million LDO worth $2.52 million and 65,352 RPL worth $2.9 million, no longer holding any LDO but retaining 107,085 RPL valued at $4.52 million.
EOS Network Lands $60M Investment and Partnership From DWF Labs
DWF Labs, a digital asset market maker and investment firm, has announced an investment deal with the EOS Network Foundation (ENF) worth over $60 million. The deal includes a $45 million EOS token purchase agreement and a $15 million pledge to invest in businesses and projects based on EOS, aimed at expanding and promoting the EOS Network.
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