ChainCatcher news, digital asset trading platform Wyden announced the completion of $16.4 million (14.5 million Swiss francs) in Series B financing, led by French fintech investment firm Truffle Capital, with new investors such as Postfinance, SBI-Sygnum-Azimut Digital Asset Opportunity Fund, and Fivet Fintech also participating. Existing investor C3 Venture Capital also took part in this financing.According to Web3 asset data platform RootData, Wyden ensures optimal execution through market-wide connections and end-to-end digital asset orchestration. Seamless integration with major custodians, core banking, and portfolio management system providers makes Wyden a leading institutional trading platform, covering the entire trading lifecycle of cryptocurrencies and digital assets.

ChainCatcher news, the digital asset trading platform Hotcoin successfully held the "Web3 Networking Mixer" Token2049 side event at the 80rr Fintech Hub in Singapore. This event was co-hosted by Hotcoin, Orbis, and Hedera, attracting numerous industry elites, well-known projects, and global KOLs from around the world. The event featured speeches, roundtables, and tea breaks.Hotcoin's Chief Operating Officer Steven Gu attended and delivered a speech. Steven stated that Hotcoin is currently focusing on supporting Web3 ecological projects, covering various aspects such as DeFi, social, and blockchain games. Through Hotcoin's global influence and resource advantages, it aims to help more outstanding potential projects promote themselves in the global market more efficiently and at a lower cost.Hotcoin is about to celebrate its seventh birthday and will continue to support the development of the industry ecosystem. It will uphold a user-first, safe, and compliant development strategy to create a secure, practical, and convenient blockchain ecosystem for global users.

ChainCatcher news, the digital asset trading platform BiFinance announced on platform X that it has completed a $10 million Series A financing round, led by Sunfund Fortuna Global Opportunities, with participation from Eternal Asia Group, SDM Education, and TigerBCDAO.BiFinance's valuation in this round of financing reached $100 million, and the new funds will be used to further connect traditional financial assets such as stocks and bonds with the Web3 ecosystem and provide asset-backed tokens (RWA/STO) for enterprises.According to the Web3 asset data platform RootData, BiFinance is a cryptocurrency exchange that offers users a simpler and safer trading service system.

ChainCatcher message, SunPump announced on platform X that it has officially reached a strategic cooperation with the globally renowned digital asset trading platform Ave.ai, injecting strong momentum into the Meme Token sector. Both parties will work together to make the issuance, trading, and exploration of cryptocurrencies more convenient and enjoyable.It is reported that Sun Pump is a sub-product of Sun.io, and it is the first platform in the TRON ecosystem dedicated to the fair launch of Meme coins. The Beta version was officially launched on August 13. As of now, Sun Pump has established strategic partnerships with well-known DEX aggregator Dex Screener, the world's leading exchange Huobi HTX, and Poloniex, among others.

ChainCatcher news, according to the Hong Kong Stock Exchange, the Hong Kong-listed company SDM Education Group has released a voluntary announcement, stating that it has signed a Series A strategic investment agreement with the digital asset trading platform BiFinance. The two parties will engage in long-term cooperation in the fields of blockchain technology, real-world assets, and digital assets. BiFinance's Series A financing is valued at 100 million USD.

ChainCatcher news, recently, the digital asset trading platform Hotcoin officially released its proof of reserves report through the well-known cryptocurrency data website CoinMarketCap. The report ensures the transparency and accuracy of reserve information through open-source verification of wallet address ownership and on-chain asset verification.The report shows that the total value of Hotcoin's reserves has reached 29.59 million USD, providing a solid financial guarantee for the platform's operational services. Hotcoin's release of the proof of reserves report aims to further enhance the platform's transparency and strengthen users' confidence in the safety of the platform's funds. Hotcoin promises to regularly release reserve reports in the future, continuously demonstrating its financial strength and robust operational status to global users.

ChainCatcher news, according to mondovisione, the digital asset trading platform and broker Bequant has announced the launch of a capital introduction platform aimed at crypto hedge funds, managers, family offices, and high-net-worth individuals.It is reported that this move marks a shift in its business model from primarily a broker to a proprietary trading firm. Bequant will now allocate its own capital to traders and investors using the platform, and crypto hedge funds will also have direct access to its configured liquidity pools.

According to ChainCatcher, Fox reporter Eleanor Terrett reported that U.S. Congressman Brad Sherman submitted an amendment to the House Rules Committee, requiring the following to be included in the passed National Defense Authorization Act (NDAA):The Secretary of the Treasury will have "clear authority to prohibit digital asset trading platforms and trading intermediaries under U.S. jurisdiction from transacting with known or reasonably suspected cryptocurrency addresses in Russia."The Financial Crimes Enforcement Network (@FinCENnews) will have the authority to require U.S. taxpayers participating in overseas cryptocurrency transactions exceeding $10,000 to submit FinCEN Form 114 (FBAR).

ChainCatcher news, according to Bloomberg, South Africa will issue licenses to about 60 cryptocurrency platforms by the end of March, making it one of the first countries on the African continent to require digital asset trading platforms to obtain operating licenses. The country's Financial Sector Conduct Authority (FSCA) stated that over 300 crypto asset providers are seeking approval, and the authority allows trading platforms to apply for licenses until November 30, or they risk facing enforcement actions. The FSCA will use existing financial services laws to regulate cryptocurrencies.

ChainCatcher news, according to official sources, the digital trading platform Jubi has reached a strategic cooperation with the digital technology giant Exor Digital Holdings Limited, which has officially acquired the Jubi trading platform with full ownership, holding 100% of the shares. At the same time, the Jubi brand has been fully upgraded and renamed to Joy Universe Digital Asset Trading Platform, abbreviated as JU Digital Asset Trading Platform.

ChainCatcher news, SOMA Finance announced the launch of the first components of its hybrid decentralized digital platform. Along with the platform launch, SOMA has submitted its regulatory crowdfunding offering memorandum for the SOMA token sale to the U.S. Securities and Exchange Commission. The SOMA token will represent SOMA's Series A preferred stock, serving both as a financial instrument for the company and as the platform token for SOMA.finance.

ChainCatcher news, Hong Kong listed company BC Technology announced that its licensed virtual asset trading platform OSL is expanding its partnership with Victory Securities to the Hong Kong retail market.In addition, BC Technology stated that Victory Securities is the first licensed corporation in Hong Kong approved by the Securities and Futures Commission to provide virtual asset trading and advisory services to retail investors. Previously, the collaboration between the two parties was limited to professional investors, and now Victory Securities will support Hong Kong retail customers in trading BTC and ETH virtual assets through the OSL platform.

ChainCatcher news, according to CoinDesk, the digital asset trading platform Zodia Markets, supported by Standard Chartered Bank, has obtained registration as a Virtual Asset Service Provider (VASP) from the Central Bank of Ireland. This registration will enable Zodia Markets to provide over-the-counter (OTC) and trading services to institutional clients.It is reported that the company obtained a similar license in the UK last year and received a license in Abu Dhabi last month, now having a licensed entity in the EU. With the upcoming implementation of the EU's Markets in Crypto-Assets Regulation (MiCA), it will, in principle, be easier for crypto companies licensed in one EU member state to obtain the necessary licenses to operate in the other 26 countries.Additionally, Ireland has become a popular destination for crypto companies, possibly due to its favorable tax regime. Coinbase designated Ireland as its EU hub earlier this month.

ChainCatcher news, Canadian cryptocurrency trading platform VirgoCX Inc., Australian cryptocurrency exchange Virgo.co, and the holding company Virgo Global Holdings Inc. announced the completion of a delayed financing of 5 million CAD, with participation from Waterdrip Capital, Skylean Capital, and Nextport Capital. The newly raised funds will be used to further develop its regulated entities and continue its plans for expansion into new regions.

ChainCatcher news, the Hong Kong digital asset trading platform JPEX has released a response to the statement from the Securities and Futures Commission of Hong Kong and a special announcement stating that it needs to make business and policy adjustments. JPEX adjusted the USDT withdrawal fee on September 14, 2023, at 00:00 (GMT+8). Regarding the above matters, the platform has established a special task force and is awaiting further guidance from the Securities and Futures Commission.According to Wu's practical testing report, the withdrawal limit for new USDT users on JPEX is 1000 USDT, and the withdrawal fee in the afternoon was 999 USDT, which has now been adjusted to 980 USDT. The Hong Kong Securities and Futures Commission responded to media inquiries by stating that it has referred the matter to the police for follow-up.

ChainCatcher news, OSL Digital Securities Limited, a wholly-owned subsidiary of BC Technology Group, officially announced that it has received approval from the Hong Kong Securities and Futures Commission to enhance its existing license. The OSL Digital Securities platform will officially provide digital asset trading services for mainstream cryptocurrencies such as Bitcoin and Ethereum to retail investors starting today.According to the introduction, OSL is the world's first licensed and insured digital asset platform by the Hong Kong Securities and Futures Commission, established in 2018. It offers market services (brokerage, exchange, and custody) and Software as a Service (SaaS) technology solutions, providing digital asset trading services and high liquidity funding pools for institutional, professional, and retail investors.

ChainCatcher news, South Korean cryptocurrency exchange Upbit announced that member exchanges of the Korea Digital Asset Exchange Association (DAXA) plan to terminate trading support for the Augur token REP. Due to the project's abnormal operation, the services provided by the Augur (REP) project are almost unusable.Upbit will delist REP on July 13, with the affected trading pairs being REP/KRW and REP/BTC. (Source link)

ChainCatcher news, cryptocurrency exchange CoinEX has launched the digital asset trading platform BitHK for users in Hong Kong. BitHK will provide spot trading and storage services in both Traditional Chinese and English. CoinEX will also apply for a Virtual Asset Service Provider (VASP) license from the Hong Kong Securities and Futures Commission (SFC) on June 1. (Source link)