Crypto News

Canaan Inc. Secures $30 Million in Series A-1 Financing

Canaan Inc. successfully concludes its Series A-1 preferred shares financing, raising $30 million. The deal involves issuing 30,000 convertible preferred shares to an institutional investor. (Read More)Source link

Sui Partners With Babylon to Launch Bitcoin Staking Initiative

Babylon Labs and Lombard Protocol have jointly unveiled a strategic initiative aimed at integrating Bitcoin with Sui, the Layer 1 blockchain and smart contract platform. This collaboration seeks to onboard bitcoin liquidity into the Sui ecosystem, enhancing decentralized finance (defi) with LBTC as a core collateral asset. Starting in December, bitcoin holders will be ableSource link

Binance to Delist Multiple Tokens Including GFT and REN by December 2024

Binance announces the delisting of several tokens including GFT, IRIS, KEY, OAX, and REN starting December 2024, citing a comprehensive asset review process. (Read More)Source link

7 Million UK Adults Now Own Crypto: Financial Conduct Authority

Research from the regulator found that crypto ownership in the UK has increased to 12% from 10%, as it delivers plans to regulate crypto.Source link

Binance Announces Thena (THE) Airdrop and Listing on BNB Chain

Binance introduces Thena (THE) as the latest project on its Airdrops Portal, offering rewards to BNB holders. THE will be listed with multiple trading pairs on November 27, 2024. (Read More)Source link