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Blockchain startup Alta secures funds to build bank compliance network
Blockchain startup Alta raised $47.5 million in a Series A funding round led by Index Ventures. This brings the company's total funding to $80 million following a previous $32.5 million seed round.
- Alta raised $47.5 million in a Series A funding round led by Index Ventures.
- Alta is developing a Layer 1 blockchain designed around native privacy and compliance features for financial institutions.
- Airwallex plans to integrate its global payments infrastructure with Alta to support transactions across 200 countries and 90 currencies.
Ripple backed Evernorth files to resell shares after price drop
Bitmine posts a six billion dollar loss amid falling Ether prices
New Texas bill proposes ten million dollar Bitcoin limits for local governments
KNTQ
−6.6%Kinetiq launches Elysium layer 2 network for the Hyperliquid ecosystem
Kinetiq has launched Elysium, a new layer 2 network built using Arbitrum technology to expand the Hyperliquid ecosystem beyond perpetual futures.
Bitcoin holds seventy three thousand dollars as rate hike odds rise
Bitcoin held above seventy three thousand dollars as inflation data shifted interest rate expectations. Federal Reserve Governor Christopher Waller raised the possibility of a fifty basis point rate hike in December.
AVAX
+1.2%New York Stock Exchange selects Avalanche blockchain for tokenized stock platform
The New York Stock Exchange selected the Avalanche blockchain to support a planned platform for trading tokenized stocks around the clock. The platform will use Avalanche to track stock trades and complete transactions.
Former Cointelegraph leader Yana Prikhodchenko joins blockchain network Phase
Former Cointelegraph CEO Yana Prikhodchenko joined Phase as co-founder and chief executive officer. She will lead strategy, global expansion, and commercial development.
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