Announcements

Top investment deals across the crypto sector over the last week (Sept. 10–16, 2022): VC firm Bloccelerate is raising $100 million for its second crypto-focused fund Venture capital firm Bloccelerate is looking to raise $100 million for its second fund, according to a filing with the US SEC on Sept. 9. The Bloccelerate VC Fund…

Amazon is among five companies to develop a digital euro prototype, as the European Central Bank (ECB) revealed its selected partners to collaborate. Amazon will be responsible for designing e-commerce payments during the prototyping exercise from September to December 2022. Meanwhile, Binance CEO praised the EU regulatory framework as a global standard for crypto regulations….

US investment firm KKR & Co. has made its Health Care Strategic Growth Fund available on the Avalanche blockchain. The firm hopes that a tokenized fund will increase accessibility to individual investors. As The Wall Street Journal reported, investment giant KKR, which had $471 billion in assets under management at the end of 2021, is…

Crypto exchange Huobi Global said it will delist seven privacy tokens in the coming week, citing broader regulatory scrutiny of such tokens. The company claimed it is complying with regulations in different countries and regions. Privacy tokens lost 0.42% in 24 hours following the news. Spot and futures trading of the tokens was paused last…

Using Ethereum scaling network Polygon, coffee chain Starbucks will launch The Starbucks Odyssey program that will give away NFT stamps to customers and employees and sell limited edition NFTs. The coffee giant plans to give out and sell digital stamps that can unlock perks like exclusive merch, private events, and trips. On Sept. 12, Starbucks…

Blockchain.com, a London-based crypto exchange, has been granted provisional regulatory approval by the Virtual Assets Regulatory Authority (VARA) in Dubai. After granted provisions, institutional and retail clients can use the crypto platform in the UAE. Blockchain.com, via a blog post, stated that the organization is in the process of setting up a local office in…