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CoinFlash
Former Canaan Directors to Guide Chinese Gaming Firm's Pivot to Crypto Mining
Former directors of Canaan Inc. are investing in the Shanghai firm and will help launch its new mining subsidiary.

Bitwise's Crypto Assets Under Management Rise Fivefold in Just 2 Months
Bitwise, a provider of crypto index funds, said it has now surpassed $500 million in assets under management.

Blockchain Platform Telos Launches Crypto Tokens That Act Like Treasurys
The "T-Bond" non-fungible tokens will allow cryptocurrency projects to sell tokens that are locked until maturity conditions are met.

Swiss Crypto Bank SEBA Raises $22.5M to Fuel Growth
The Swiss firm plans to expand into the Middle East and Asia and offer services for U.S. institutional clients.

Hong Kong Trading Platform OSL Suspends XRP Services as SEC Sues Ripple
The SEC is accusing Ripple of violating federal securities laws via sales of the XRP cryptocurrency to retail consumers.

Crypto Exchange Coinbase Is Hiring for a New Canada Operation
The cryptocurrency exchange said the new office is due to open in 2021, subject to the local coronavirus situation.

Decentralized Stock Trading Launching on DeFi Platform Injective Protocol
The tokenized stock offerings initially include Airbnb, Amazon and Google.

Crypto Finance AG Hires SIX Group Exec to Lead Brokerage Business
The new hire, Rupertus Rothenhaeuser, was previously head of business at SIX Group's digital assets exchange.

Multicoin Capital Leads $1.15M Seed Round for DeFi Protocol Swivel Finance
The decentralized protocol says its offerings of fixed-rate lending and interest-rate derivatives will place it in a unique position in Defi.

3 Chinese E-Commerce Giants Join Latest Digital Yuan Lottery Trial: Report
Didi, Meituan and Bilibili are reportedly taking part in the latest test of the digital yuan, allowing lottery winners to spend the digital currency online.
