exchanges

Top Crypto Sectors Raising VC Capital: Exchanges, Lending, Investing, and AI Projects Lead the Way

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Top Crypto Sectors Raising VC Capital: Exchanges, Lending, Investing, and AI Projects Lead the Way

Certain sectors of the crypto ecosystem attracted more interest from investors. Crypto exchanges, lending, investing, and trading platforms raised over $460 million, followed by Layer 1 projects at roughly $440 million, Web3/Metaverse projects at around $360 million, and infrastructure projects at $340 million. Additionally, projects involving crypto and artificial intelligence (AI) saw a significant increase … Read more

German Authorities Close 47 Crypto Exchanges in Cybercrime Crackdown: Operation Final Exchange

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German Authorities Close 47 Crypto Exchanges in Cybercrime Crackdown: Operation Final Exchange

Germany Shuts Down 47 Crypto Exchanges German authorities have closed 47 crypto exchanges as part of “Operation Final Exchange” to combat cybercrime. These platforms are accused of enabling money laundering by failing to comply with anti-money laundering regulations. The crackdown now extends to potential criminal users of these platforms. The users reportedly include ransomware groups, … Read more

Russia Unveils Plans for Yuan-Backed Stablecoin and State-Linked Cryptocurrency Exchanges: What This Means for Global Trade

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Russia Unveils Plans for Yuan-Backed Stablecoin and State-Linked Cryptocurrency Exchanges: What This Means for Global Trade

BRICS Pushes Forward: Russia to Launch Yuan-Linked Stablecoin in Response to US Sanctions | by DXM-Investments | The Dark Side | Aug, 2024 Russia is planning to launch two state-linked cryptocurrency exchanges in Moscow and St. Petersburg to combat economic challenges from US sanctions. They also aim to introduce a stablecoin backed by the Chinese … Read more