Intercontinental Exchange Invests in tZERO Group

A prominent operator of global exchanges and clearing houses, Intercontinental Exchange (ICE) recently revealed a strategic investment in tZERO, an international leader in blockchain technology for capital markets. Terms of the recent investment from Intercontinental Exchange were not disclosed. According to ICE, the investment will make the company a significant minority shareholder in tZERO. Moreover, David Goone, the Chief Strategy Officer at ICE, will join tZERO as the firm’s next CEO. Goone, who has been a longtime member of ICE’s management team, will serve on the Board of Directors of…

London Stock Exchange Group Buys Fintech Firm TORA for $325M

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…

UK Police Return $5.4 Million to Cryptocurrency Fraud Victims – Regulation Bitcoin News

The U.K. police have returned over $5.4 million to victims of an international cryptocurrency scam. The police say that almost $10 million more will be returned to victims. So far, 127 more people have filed a claim to recoup their investments. Police Return Funds to Crypto Scam Victims The U.K.’s Greater Manchester Police (GMP) announced Friday that about $5.4 million of the funds seized from an international cryptocurrency scam rumbled by its police officers in July last year have been returned to rightful owners. The announcement details: Over four million…

Indian Police Arrest 11 People in Cryptocurrency Scheme Defrauding 2,000 Investors – Regulation Bitcoin News

Indian police have arrested 11 people so far in connection with a fraudulent cryptocurrency scheme that has duped about 2,000 investors out of $5.4 million. 11 People Arrested so Far in Cryptocurrency Scam in India Indian police have cracked down on a cryptocurrency investment scheme that has duped over 2,000 investors out of 40 crore rupees ($5.4 million). The number of arrests reached 11, seven of whom were arrested on Sunday in Maharashtra’s Nagpur, according to PTI. The main accused, Nishid Wasnik, and his wife Pragati, along with two other…

Bashoswap Building a Cardano-Powered Decentralized Exchange, Launches Seed Funding Round

February 21, 2022 – Coventry, United Kingdom Bashoswap is a decentralized exchange (DEX) on Cardano network that aims to facilitate swaps between ADA and other crypto assets built on Cardano. It was founded in late 2021 by a group of blockchain experts, led by Beri Ardas, with years of experience in the crypto industry. Bashoswap is on a mission to develop a fully-featured DeFi product that will be of huge benefit to the Cardano ecosystem. Bashoswap will join together elements already existing on other blockchains like Uniswap and Pancakeswap, readapting it…

European Union Open to Cryptocurrency with Regulation Attached

Beneath the exchange-traded products and the islands of crypto innovation in cities like Berlin and Tallinn lies a continent that has an at best uneasy relationship with digital assets. The European Union remains concerned that criminal organizations and terrorists can exploit the anonymity of cryptocurrencies to use them for nefarious purposes and to obfuscate fund flows.   Considering the number of cryptocurrency-linked investment products listed on European stock exchanges, and one could be misled into thinking that the European Union has declared open season on the nascent asset class. But…

Nerd Street Esports Signs Multi-Million Sponsorship with FTX US Crypto Exchange

Nerd Street Gamers, a national esports platform based in Philadelphia, announced a partnership with FTX US, a major US-regulated crypto exchange on Thursday. As part of the deal, FTX US will sponsor the forthcoming Nerd Street Championships this summer as well as Nerd Street’s national schedule of weekly community events at their nine owned-and-operated esports venues. Q4 2021 volumes have gone up or down and how much? According to the report, FTX US will power Nerd Street’s ability to accept cryptocurrency    payments  Payments One of the bases of mediums…

New York Stock Exchange Considering Launch of NFT Marketplace, According to New Trademark Application

The New York Stock Exchange (NYSE) appears to be interested in diving into the world of non-fungible tokens (NFTs). The largest stock exchange in the world filed a trademark/service mark application with the United States Patent and Trademark Office (USPTO) for the “provision of an online marketplace for buyers, sellers, and traders of downloadable digital goods authenticated by non-fungible tokens.” The application also indicates the NYSE is interested in developing “downloadable virtual reality, augmented reality, and mixed reality software,” as well as a “financial exchange of virtual currency in the…