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Crypto Bankruptcy Investor Ouroboros Eyes Smaller Claims
The platform automates the due diligence process for buying cryptocurrency bankruptcy claims in firms like FTX or Celsius, providing previously missing liquidity for creditors owed around $50,000.
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.
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.
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.
Startup Arbol Unveils AI and Blockchain-Powered Climate Insurance Platform
The market for climate insurance is estimated to triple in the next decade.
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
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.
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.
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.
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.
