NYDIG raised $ 1 billion in the next round of financing

12/15/2021 Author Sergey Klachek The New York Digital Investments Group (NYDIG) raised $ 1 billion in another round of funding, after which the firm’s capitalization reached $ 7 billion. WestCap became the leader of the round. Also involved in fundraising were Bessemer Venture Partners and FinTech Collective, which led the previous NYDIG funding round, as well as Affirm, FIS, Fiserv, MassMutual, Morgan Stanley, and New York Life. NYDIG announced that the funds will be used…

German savings bank network will test cryptoasset trading for 50 million clients

German savings bank network to test cryptoasset trading for 50 million clients The financial group Sparkassen-Finanzgruppe announced the launch in early 2022 of a pilot project for trading cryptocurrencies for clients of all savings banks in Germany. In early 2022, the committees of Sparkasse (a network of German savings banks) will vote on a project that will provide savings bank customers with the ability to trade cryptocurrencies. In parallel, the development of a cryptocurrency wallet…

Gaming service Vulcan Forged lost about $ 100 million as a result of hacker attack

NFT-based gaming platform Vulcan Forged reported the theft of 4.5 million PYR (about $ 100 million) from users’ cryptocurrency wallets. The gaming platform Vulcan Forged announced on Twitter that it was subjected to a cyberattack. Attackers hacked 148 wallets and stole 4.5 million PYR tokens worth $ 100 million. The company said that hackers have stolen private key data from users and it cannot do anything. “We are powerless to prevent users who have their…

The Beatles’ audio interviews will be auctioned as NFT

For the first time in the history of the music world, rare audio interviews by The Beatles – John Lennon, Paul McCartney, George Harrison and Ringo Starr – will be auctioned off as NFT. According to the Voices of Classic Rock Archive (VOCR), the company will put up for sale four rare audio interviews by The Beatles: John Lennon on A Day in the Life, Paul McCartney on Chaos and Backyard Art, George Harrison on…

South Korean authorities are concerned about the massive transition of civil servants to the crypto industry

South Korean MP Ro Wun Rae said more and more officials in Seoul are leaving their government posts and moving to cryptocurrency companies. Ruling Democratic MP Roh Woong-rae has called for stricter rules on civil servants and their employment after leaving the civil service. As an example, he talked about a Tier 5 civil servant who quit the Financial Services Commission (FSC) to join the Bithumb exchange. Ro agreed that the law does not prohibit…

CedarFX - Trade with the First Eco-Conscious Broker

CedarFX – Trade with the First Eco-Conscious Broker

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

Cryptbot virus detected in KMSPico activator for pirated Windows to steal cryptocurrencies

A data thief program that attacks cryptocurrency wallets was found in the KMSPico activator for pirated Microsoft Windows and Office. Cybersecurity company Red Canary writes about the emergence of a new malware Cryptbot, which threatens the owners of cryptocurrency wallets. Through the KMSPico program, which is used to activate all functions of unlicensed Microsoft Windows and Office programs, the virus infects the devices of its victims. Cryptbot reaches the victim’s device when the KMSPico cracker…

China and Hong Kong launched the second phase of digital yuan testing

The National Bank’s Digital Currency Research Institute Mu Changchun said China and Hong Kong are launching a second phase of testing their state digital currency. At a seminar on the status and prospects of the Hong Kong International Financial Center, Mu Changchun stated that the People’s Bank of China (PBC) and the Hong Kong Monetary Authority (HKMA) have successfully completed the first phase of testing cross-border payments using the digital yuan. At the second stage,…

Startup TRM Raises $ 60 Million in New Round of Funding

  Token Relationship Management (TRM) cryptocurrency transaction monitoring and forensics platform raised $ 60 million in Series B funding round. Leading financial institutions Amex Ventures, Visa, Citi Ventures, DRW Venture Capital, Jump Capital, Marshall Wace, Block (formerly Square Inc.) and Paypal Ventures from American Express were among the investors in the TRM platform, which monitors and forensic operations with cryptoassets. Tiger Global became the leader of the round, during which the platform attracted investments for…

Central Banks of France and Switzerland tested state digital currencies

Bank of France, Swiss Innovation Center and Swiss National Bank have successfully completed testing of cross-border payments in digital euros and Swiss francs. Project Jura is a public-private partnership with the Bank of France (BDF), the Swiss Innovation Center (BISIH), the Swiss National Bank (SNB), and a consortium led by Accenture of Credit Suisse, Natixis, R3, SIX Digital Exchange ( SDX) and UBS. The project was initiated by the Central Bank of France and continued…