Cointime

Download App
iOS & Android

Crypto Evening Briefing: Twitter Partners With eToro to Let Users Trade Stocks, Crypto As Musk Pushes App Into Finance

Cointime Official

Top Stories

Twitter Partners With eToro to Let Users Trade Stocks, Crypto As Musk Pushes App Into Finance

Twitter users will be able to access stocks, cryptocurrencies and other financial assets through a partnership with eToro, a social trading company. The partnership will allow users to view market charts on an expanded range of financial instruments and buy and sell stocks and other assets from eToro. 

Exploit Involving Aave V1 and Yearn Estimated to Be Around $10 Million: PeckShield

Reports have emerged of a $10 million exploit involving the DeFi protocols Aave V1 and Yearn Finance. The exploiter received a mix of stablecoins, including DAI, USDC, BUSD, TUSD, and USDT.

London Stock Exchange To Launch Bitcoin Futures And Options Trading

The London Stock Exchange Group (LSE) has partnered with Global Futures and Options (GFO-X) to launch the UK's first regulated Bitcoin futures and options trading, with the launch expected in Q4 2023.

Gemini Files Pre-Registration Undertaking With Ontario Securities Commission, Underscoring Dedication to Canadian Market

Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has announced its continued commitment to the Canadian market by providing a pre-registration undertaking to the Ontario Securities Commission (OSC). 

Montana ‘Right to Mine’ Crypto Bill Passes the House

Montana's House of Representatives has passed a bill that prohibits local authorities from obstructing crypto mining operations. Bill number 178 establishes a "digital asset mining right" and forbids discriminatory electricity rates charged to cryptocurrency miners. 

Market Watch 

As of press time, according to Cointime data:

BTC 's live price is $30,345.17 USD, jumped by 0.37% in the last 24 hours;

ETH’s live price is $2,005.73 USD, jumped by 6.15% in the last 24 hours;

BNB’s live price is $324.61 USD, jumped by 1.33% in the last 24 hours;

XRP's live price is $0.5102 USD, jumped by 0.77% in the last 24 hours.

Fundraising News

Camel Ventures Launches $16M Investment Fund, Drawing Attention from Cryptocurrency Giants BTC, ETH, and Signuptoken.com

As Camel Ventures launches its inaugural venture capital investment vehicle, Camel Ventures for Investment I, with a fund of EGP 500 million ($16 million), the company hopes to support the growth of Egypt's fintech startup ecosystem.

Indian Early-Stage Venture Fund Pi Ventures Raises $12M From SIDBI

Indian venture fund pi Ventures has secured INR 100 crore ($12m) or 15% of the corpus out of the Fund of Funds for Startups (FFS) managed by the Small Industries Development Bank of India (SIDBI). 

The Bulgarian-Founded Blockchain Startup Scoops £3.5M to Speed Up Transparency in the Diamond Industry

Digital-first bespoke jewellery business Taylor & Hart, which was founded in Bulgaria and is based in London, has secured £3.5m in funding from Virgin Money, Active Partners and Seedrs. 

As Tech Slumps, SoftBank Sells VC Unit to Singapore-Based Firm Led by Masayoshi Son’s Brother

SoftBank is selling its venture capital arm, SoftBank Ventures Asia (SBVA), to Singaporean investment firm The Edgeof, according to the two companies. The financial terms of the deal have not been disclosed, but The Edgeof aims to complete the acquisition this year. 

CryptoTechFin Closes Half a Million Euros Investment Round

Spanish start-up CryptoTechFin, which develops cryptocurrency investment technology, has closed a pre-seed funding round worth close to €500,000. The deal, led by investors Not Just Investments and R2 Seed Investments, will allow CryptoTechFin to open up a new customer segment through a partnership with GenTwo and local Swiss entities to create an investment product with a Swiss ISIN focused on professional and institutional investors.

Blockchain Capital Sold Off LDO, RPL Before Shanghai Upgrade

Blockchain Capital has sold significant amounts of liquid staking derivatives (LSDs) ahead of Ethereum's Shanghai upgrade. According to Lookonchain, the venture firm sold 1.5 million LDO worth $2.52 million and 65,352 RPL worth $2.9 million, no longer holding any LDO but retaining 107,085 RPL valued at $4.52 million.

EOS Network Lands $60M Investment and Partnership From DWF Labs

DWF Labs, a digital asset market maker and investment firm, has announced an investment deal with the EOS Network Foundation (ENF) worth over $60 million. The deal includes a $45 million EOS token purchase agreement and a $15 million pledge to invest in businesses and projects based on EOS, aimed at expanding and promoting the EOS Network. 

Comments

All Comments

Recommended for you

  • Equation News calls out Binance for "insider trading": You are destroying the sentiment of the trading market

    On November 25th, Formula News reported that to those insider traders who participated in the listing of Binance perpetual contracts, please slow down when selling your chips next time. The WHY and CHEEMS crashes you caused resulted in a 100% negative return for everyone involved in the trade, and you are destroying the emotions of the trade. Earlier today, Binance announced the listing of 1000WHYUSDT and 1000CHEEMSUSDT perpetual contracts, which caused a short-term crash in WHY and CHEEMS and sparked intense discussion within the community.

  • U.S. Congressman Mike Flood: Looking forward to working with the next SEC Chairman to revoke the anti-crypto banking policy SAB 121

     US House of Representatives will investigate Representative Mike Flood's recent statement: "Despite widespread opposition, SAB 121 is still operating as a regulation, even though it has never gone through the normal Administrative Procedure Act process." Flood said, "I look forward to working with the next SEC chairman to revoke SAB 121. Whether Chairman Gary Gensler resigns on his own or President Trump fulfills his promise to dismiss Gensler, the new government has an excellent opportunity to usher in a new era after Gensler's departure." He added, "It's not surprising that Gensler opposed the digital asset regulatory framework passed by the House on a bipartisan basis earlier this year. 71 Democrats and House Republicans passed this common-sense framework together. Although the Democratic-led Senate rejected it, it represented a breakthrough moment for cryptocurrency and may provide information for the work of the unified Republican government when the next Congress begins in January next year."

  • Indian billionaire Adani summoned by US SEC to explain position on bribery case

    Indian billionaire Gautam Adani and his nephew, Sahil Adani, have been subpoenaed by the US Securities and Exchange Commission (SEC) to explain allegations of paying over $250 million in bribes to win solar power contracts. According to the Press Trust of India (PTI), the subpoena has been delivered to the Adani family's residence in Ahmedabad, a city in western India, and they have been given 21 days to respond. The notice, issued on November 21 by the Eastern District Court of New York, states that if the Adani family fails to respond on time, a default judgment will be made against them.

  • U.S. Congressman: SEC Commissioner Hester Peirce may become the new acting chairman of the SEC

    US Congressman French Hill revealed at the North American Blockchain Summit (NABS) that Republican SEC Commissioner Hester Peirce is "likely" to become the new acting chair of the US Securities and Exchange Commission (SEC). He noted that current chair Gary Gensler will step down on January 20, 2025, and the Republican Party will take over the SEC, with Peirce expected to succeed him.

  • Tether spokesperson: The relationship with Cantor is purely business, and the claim that Lutnick influenced regulatory actions is pure nonsense

     a spokesperson for Tether stated: "The relationship between Tether and Cantor Fitzgerald is purely a business relationship based on managing reserves. Claims that Howard Lutnick's joining the transition team in some way implies an influence on regulatory actions are baseless."

  • Bitwise CEO warns that ETHW is not suitable for all investors and has high risks and high volatility

    Hunter Horsley, CEO of Bitwise, posted on X platform that he was happy to see capital inflows into Bitwise's Ethereum exchange-traded fund ETHW, iShares, and Fidelity this Friday. He reminded that ETHW is not a registered investment company under the U.S. Investment Company Act of 1940 and therefore is not protected by the law. ETHW is not suitable for all investors due to its high risk and volatility.

  • Musk said he liked the "WOULD" meme, and the related tokens rose 400 times in a short period of time

    Musk posted a picture on his social media platform saying he likes the "WOULD" meme. As a result, the meme coin with the same name briefly surged. According to GMGN data, the meme coin with the same name created 123 days ago surged over 400 times in a short period of time, with a current market value of 4.5 million US dollars. Reminder to users: Meme coins have no practical use cases, prices are highly volatile, and investment should be cautious.

  • Are we finally ready for a gas limit increase?

    There has been growing discussion around the possibility of increasing Ethereum’s gas throughput, either by raising the gas limit or reducing slot time. The key argument in favor of this is that the hardware requirements for running a validator have steadily decreased over the past four years.

  • Cointime August 17th News Express

    1.VanEck and 21Shares Solana ETF Form 19b-4 Suspected to be Removed from CBOE Website

  • Ethereum network gas fee falls back below 1 gwei

    According to Etherscan data, the current Ethereum network gas fee has fallen below 1 gwei, currently at 0.937 gwei.