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Finance

Northstake Raises $3M to Boost Institutional Crypto Staking

The 2.8 million-euro fundraise comes from PreSeed Ventures, Morph Capital, The Aventures Fund, Funfair Ventures and Delta Blockchain Fund.

Photo of Northstake CEO Jesper Johansen

Finance

Mastercard Focuses Its ‘Engage’ Program on Crypto

The expanded network helps bring new crypto card programs to market and creates crypto-to-fiat conversion capabilities, Mastercard said.

Raj Dhamodharan, Head of Crypto and Blockchain, Mastercard (Shutterstock/CoinDesk)

Policy

EU Commission’s Digital Euro Bill Back on Track for June 28, Lead Official Says

The controversial central bank digital currency proposals had been removed from the EU executive’s agenda.

EU Commissioner Mairead McGuinness (Jack Schickler/CoinDesk)

Finance

Startup Arbol Unveils AI and Blockchain-Powered Climate Insurance Platform

The market for climate insurance is estimated to triple in the next decade.

(Hitesh Choudhary/Unsplash)

Policy

EU Legislation for Digital Euro Is Put on Hold: Source

A bill covering privacy and distribution of the central bank digital currency, originally scheduled for June 28, will be delayed

The ECB is considering whether to issue its currency in digital form (moerschy/ Pixabay)

Finance

DeFi Credit Protocol Concordia Raises $4M in Round Led by Tribe, Kraken Ventures

Concordia, now live in public testnet on Aptos, offers a multi-chain risk and collateral management platform for digital assets.

(Pixabay)

Finance

BlackRock Close to Filing for Bitcoin ETF Application: Source

BlackRock will be using Coinbase (COIN) Custody for the ETF and the crypto exchange’s spot market data for pricing, the source said.

BlackRock headquarters (Shutterstock)

Finance

Crypto Exchange OKX Wins Preparatory License in Dubai, Set to Boost Staff

Once the so-called MVP license becomes operational, OKX Middle East will offer spot, derivatives and fiat services including U.S. dollar and UAE dirham deposits and withdrawals.

Tim Byun (OKX)

Finance

Crypto Prime Broker FPG Loses Up to $20M in Cyber Attack

FPG told customers via email that it had ceased trading, deposits and withdrawals after experiencing a cyber security incident on Sunday, June 11.

Digital pseudonyms can help organizations maintain records securely. (Seksan Mongkhonkhamsao/Getty Images)

Finance

Bitcoin Miner Crusoe Energy Secures 50 BTC on Newly Launched Liquidity Platform Block Green

Block Green aims to unlock liquidity from institutional investors for miners and incentivize green mining.

Bitcoin mining can soak up renewable energy that is hard to transmit or consume locally, giving a leg up to energy producers. (Yunha)