A federal court has ordered ICOBox to pay a $16 million penalty to the Securities and Exchange Commission’s (SEC) for violating U.S. securities law. On March 5, Judge Dale…
Tag: million
Tim Draper Buys 2.5% of Aragon Tokens, Becomes Governance Whale – CoinDesk
Venture capitalist Tim Draper has taken a 1 million ANT stake (worth about $760,000 at press time) in Aragon, a decentralized governance project that began on ethereum. The move,…
Korean ICO Project Shuts Down, Says ‘Negative Perceptions’ of Crypto Made Business Impossible – CoinDesk
An $8 million ICO project is shutting down, citing regulatory uncertainty and difficulties in onboarding new users. Content-sharing platform Contents Protocol announced Wednesday that following numerous attempts to turn…
London-Based Crypto Custodian Copper Raises $8M for Expansion Overseas – CoinDesk
Crypto custody provider Copper has raised $8 million in a Series A round – an investment it plans to use launching in new markets. Participants in the Series A…
Polychain Capital Targets $200M for Second Venture Fund, Slide Deck Reveals – CoinDesk
Cryptocurrency investment firm Polychain Capital is raising $200 million for a second fund aimed at venture investing, a funding goal that would top its first venture fund by $25…
Bitcoin Lender BlockFi Raises $30M in Series B Led by Peter Thiel’s Valar Ventures – CoinDesk
Fresh on the heels of an $18.3 million Series A funding round in August, crypto lending startup BlockFi has secured a $30 million Series B. Announced Thursday, the new…
Paystand Raises $20M to Be Blockchain-Based ‘Venmo’ for Commercial Payments – CoinDesk
Paystand, a platform using blockchain technology to automate commercial payments, has raised $20 million in Series B funding. Backing the round are a number of VC firms including DNX…
Lightning Labs Raises $10M Series A to Be the ‘Visa’ of Bitcoin – CoinDesk
Lightning Labs has raised $10 million in Series A financing as it gears up to launch its first paid service for merchants looking to accept bitcoin payments. Craft Ventures…
Jill Carlson, Meltem Demirors Back $3.3M Round for Non-Custodial Settlement Protocol Arwen – CoinDesk
Arwen, a non-custodial settlement protocol developer, has raised $3.3 million in a funding round including Meltem Demirors at CoinShares and Jill Carlson at Slow Ventures. According to Arwen CEO…
US Marshals Will Auction $40M in Bitcoin This Month – CoinDesk
The U.S. Marshals Service is auctioning nearly $40 million in bitcoin, the first such auction since the end of 2018. The Marshals will auction “approximately” 4,040 bitcoin, worth $37.7…