Lending project B.Protocol, which builds tools to “democratize” DeFi liquidations, raised $2.2 million.B.Protocol is one of the many money legos propping up the patchwork landscape of decentralized finance. Catering specifically to lenders in need of liquidating sour loans, it had roughly $87 million in total value locked as of press time, according to data website DeFi … [Read more...] about B.Protocol Raises $2.2M to Backstop DeFi Liquidations
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DeFi privacy project Panther raises $22M in 1.5-hour public sale
Panther Protocol, a privacy-enhancing technology provider for the decentralized finance (DeFi) industry, has completed its public sale to continue building privacy solutions for DeFi and Web3.Panter announced to Cointelegraph on Nov. 25 that it raised $22 million in its recent public sale of ZKP tokens, bringing the total amount raised to $32 million.Starting on Nov. 23, the … [Read more...] about DeFi privacy project Panther raises $22M in 1.5-hour public sale
Cathie Wood’s Ark Invest Scoops Up 2.2M Falling Robinhood Shares
Cathie Wood’s ARK Investment Management picked up a large number of Robinhood (NASDAQ: HOOD) shares on Wednesday, despite the stock platform’s poor crypto revenues earnings.The move came as Robinhood shares fell roughly 8% on Tuesday after the zero-commission trading platform missed badly on revenue expectations.ARKK, an exchange-traded fund that seeks to invest in “disruptive … [Read more...] about Cathie Wood’s Ark Invest Scoops Up 2.2M Falling Robinhood Shares
Korean tax officers seize $22M in crypto directly from exchange accounts
South Korea’s Seoul metropolitan government has seized 25 billion won ($22 million) worth of crypto from tax evaders—directly out of their exchange accounts, local news outlet Yonhap reported yesterday.Per the publication, tax officers discovered digital assets belonging to 1,566 individuals and heads of various companies—referred to as “top tax delinquents”—across three … [Read more...] about Korean tax officers seize $22M in crypto directly from exchange accounts