Fomo raises $75M at $550M valuation
Fomo, a social trading and token discovery platform, raised US$75 million in a Series B funding round led by Index Ventures that valued the company at US$550 million.
Fomo, a social trading and token discovery platform, raised US$75 million in a Series B funding round led by Index Ventures that valued the company at US$550 million.
Enso, a Switzerland-based Web3 development platform, launched a real-world asset application that provides access to more than 500 tokenised assets.
Paraguay's National Power Administration (ANDE) secured a court ruling against two individuals convicted of using stolen electricity to mine Bitcoin (CRYPTO:BTC) through illegal connections to the power grid.
BlackRock and JPMorgan Chase have presented contrasting views on where investor capital may flow next, with BlackRock highlighting Bitcoin (CRYPTO:BTC) and JPMorgan pointing to artificial intelligence.
Franklin Templeton completed its acquisition of 250 Digital and launched Franklin Crypto, a new division that combines the acquired firm's crypto strategies with its existing digital asset operations.
Toss Bank, South Korea's third-largest internet-only bank, signed a memorandum of understanding with Solana (CRYPTO:SOL) to test stablecoin-powered cross-border remittance infrastructure for its approximately 15 million customers.
Bitmine purchased 52,203 Ethereum (CRYPTO:ETH) worth about US$90 million, increasing its holdings to 4.7% of Ethereum's total supply and moving closer to its 5% ownership target.
Ethereum (CRYPTO:ETH) added a new independent research organisation after Ethlabs launched with support from ecosystem backers and five former Ethereum Foundation researchers.
President Donald Trump signed two executive orders on June 22 to accelerate U.S. quantum computing development and assess future encryption risks.
Tokyo's Metropolitan Police Department arrested Hu Xiaowei, 44, a Cypriot national also known as Hu Shi, on suspicion of submitting false residency information to Japanese authorities, according to The Asahi Shimbun.
The Bank of England has revised its proposed framework for systemic sterling stablecoins, scrapping individual holding limits in favour of an aggregate issuance cap per systemic issuer.
Humanity Protocol (CRYPTO:H) declined 10.41% over the past 24 hours to US$0.1962, reducing its market capitalisation to approximately US$55.75 million as sellers continued to dominate trading.
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