Two Citizens of Belarus will be Tried for Illegal Entrepreneurial Activity Police officers in Belarus revealed the fact of exchanging funds stolen from citizens for cryptocurrencies. This was reported in the Ministry of Internal Affairs. Two residents of the country received money on their bank cards for two years from criminal groups abroad, which were engaged in vishing and phishing. The suspects conducted transactions worth more than $800,000, receiving interest from them. An administrative case has been initiated against them. The funds that passed through their cryptocurrency wallets will be seized by the state. #fuji_news #fuji_crypto

Digest: top venture news of the past day 🧑‍💻A UK startup that develops quantum machines: Phasecraft has raised $16.5M. 🤖Building AI agents in business applications and workflows and platforms: Voiceflow has raised $15M. 🚌Smart bus platform: Zeelo has raised $14M. 💻AI tools for writing and maintaining code: Grit has raised $7M. 💵Financial security startup: Hopsworks has raised $6.5M. #fuji_venture #digest

Extreme Apathy in the Bitcoin Market has been Recorded Glassnode analysts have concluded that the bitcoin market has reached a stage of extreme apathy and exhaustion. Volatility indicators have reached record low values. The bollinger bands indicated that the spread had narrowed to 2.9%. Lower readings were seen twice: in September 2016 and in January 2023. Recall, the 30-day volatility of bitcoin in terms of the year fell to 15.5%. This is the minimum value in history. #fuji_news #fuji_crypto

Digest: top venture news of the past day 🔌Developing home chargers for electric vehicles: Treehouse has raised $10M in funding. 🧑‍💻Leading disaster recovery: Arpio has raised $8.2M. 🧑‍🍳Staff equation tools developer: EcoMap Technologies has raised $3.5M. 🖥️Software job automation: Configu has attracted $3M. 🤖Artificial intelligence startup: 11xAI has raised $2M. #fuji_venture #digest

PayPal Launches Cryptocurrencies Hub PayPal (payment service) will launch a Cryptocurrencies Hub for selected users. This is stated in the new agreement with users. However, the timing is not mentioned in it. Cryptocurrencies Hub will allow you to make purchases through the conversion of digital assets into fiat, receive/send cryptocurrencies, and view market information and educational materials. Some features will not be available for some US states. To connect the hub, PayPal account must have a personal account and a balance account with a good reputation. Cryptocurrencies Hub will be directly linked to the PayPal account. #crypto #rates #currencies #exchange

Digest: top venture news of the past day 🤖Development of generative AI: Anthropic has raised $100M from SK Telecom. 🏭Carbon footprint tracking: Persefoni has attracted $50M. 🔋Innovative energy storage startup: Kraftblock has attracted €20M. 🧑‍💻Incident management startup: Rootly has raised $12M. 💻Blockchain transaction security: Cube3 AI has raised $8.2M. #fuji_venture #digest

Cryptocurrency exchange rates on August 14, 2023. #crypto #rates #currencies #exchange

XRP Price Spike on Gemini On the Gemini exchange, the price of the XRP token from Ripple on August 10 suddenly rose above $50 after relisting, arousing the interest of the community. The coin was temporarily held around $1, possibly due to price instability. Some users believe that the reason is orders with low liquidity. One of the users created a market order for $50. Later, the exchange went for maintenance, causing timeouts in the markets. Gemini announced the return of XRP to the platform. #fuji_news #fuji_crypto

Digest: top venture news of the past day 🚕Electric air cab startup: Archer Aviation has raised $215M. 🚘Car rental in Africa: Moove has raised $76M. 🤖Artificial intelligence data research startup: Virtualitics has raised $37M. 🛁Using AI to detect and prevent leaks: Wint has raised $35M. 💽Enterprise data protection: Osano has raised $25M. 🔐Cybersecurity startup: Spearbit has raised $7M. #fuji_venture #digest

SEC to Appeal Partial Defeat in Case Against Ripple The SEC will appeal the partial defeat in the case against Ripple. The U.S. Securities and Exchange Commission referred the information to the court of the Southern District of New York. The SEC will seek interlocutory review of the case. "These two issues involve controlling questions of law on which there is substantial ground for differences of opinion, as reflected by an intra-district split that has already developed.", it said in a letter to Judge Analisa Torres. The regulator cited a recent case against Terraform Labs and its CEO Do Kwon, where a judge rejected Torres' approach. The SEC and Ripple have been suing since 2020. #fuji_news #fuji_crypto

Digest: top venture news of the past day 💊RNA startup: ADARx Pharmaceuticals has raised $200M. 💊RNA-based drug development: Alltrna has raised $109M. 🔐Cybersecurity startup: Resilience has attracted $100M. 💊A startup developing pills to improve the gut microbiome in humans and animals: Bactolife has raised €30M. ☁️An Israeli startup focused on cloud data security: Sweet Security has attracted $12M. 🔐Another cybersecurity startup: SphereX has raised $8M. #fuji_venture #digest

Paxos announced new partnerships Paxos continues to work on other stablecoins such as PayPal's PYUSD. This was mentioned on CoinDesk TV by Walter Hessert, the firm's head of strategy. Recall, PayPal released its coin on August 7, the issuer was Paxos. On air, a question was asked about cooperation with X (formerly Twitter). Hessert didn't answer the question directly. According to the executive, the launch of PYUSD marks a landmark moment for the digital asset industry. As it takes the level of user trust to a new level. "Paxos has talked with a lot of the largest technology and financial services companies about stablecoins, integrating stablecoins, launching white label stablecoins in some cases, and we think that there's going to be a lot of really exciting followers here to PayPal," he said. #fuji_news #fuji_crypto

Digest: top venture news of the past day 💧California-based hydrogen startup: Verdagy has raised $73M. 🧑‍💻A platform that combines the functions of analytical tools and software: Simon Data has raised $54M. 🔐Cybersecurity startup: Horizon3.ai has attracted $40M. 💻AI-based chargeback protection platform: Chargeflow has raised $11M. 🧑‍💼Business process automation tools: Parcha AI has attracted $5M. 🧪Cell analysis startup: Cytomos has raised £4M. #fuji_venture #digest

Huobi will Add Support for the PayPal Stablecoin Cryptocurrency exchange Huobi will soon integrate the PYUSD stablecoin. It is a token from the payment giant PayPal. "Huobi will be the first exchange to support the launch of PYUSD stablecoin, and will provide PYUSD/USDT trading pairs with 0 trading fee permanently." The exchange said in a statement. PayPal launched its stablecoin on August 7. The issuer is infrastructure firm Paxos. So far, 26.9 million PYUSD have been issued. #fuji_news #fuji_crypto

Digest: top venture news of the past day 🚘Remote vehicle condition assessment followed by repair: Wrench has attracted $54.2M. 💊Israeli telemedicine startup: TytoCare has raised $49M. 🤖Manufacturing equipment condition assessment management and control: Tractian has raised $45M. 👨‍💼AI help for HR professionals: One Model has attracted $41M. 🥩Artificial meat: Meatable has raised $35M. 🪟Window cleaning robots: Skyline has attracted $3.35M. #fuji_venture #digest

Huobi Faced an Outflow of Funds Cryptocurrency exchange Huobi met massive outflow of funds from August 5 to August 6 due to rumors of bankruptcy. As a result, TVL decreased by almost $54 million. Cryptocurrency analyst Adam Cochran wrote a post on the X network. It stated that Chinese police questioned Huobi and Tron executives. The analyst conducted his own audit of the exchanges and found out that users' balances totaled about $630 million, while he estimated the platform's reserves at only $90 million. Cochran further suggested that the remaining funds are used to support the profitability of Tron and Poloniex. A Huobi spokeswoman called this information "pure rumor." She specified that the exchange is operating in a normal mode. #fuji_news #fuji_crypto

Digest: top venture news of the past day 🚚German autonomous electric trucking company: Fernride has raised $31M. 👨‍💼Corporate training startup: Disprz has attracted $30M. 💊A startup specializing in developing nutrition for migraine sufferers: KetoSwiss has raised $4.8M. 💽AI-based database optimization: DBtune has attracted €2.4M. ☁️An open source system for building cloud-based applications: Nuntio has raised €2M. #fuji_venture #digest

Cryptocurrency exchange rates on August 7, 2023. #crypto #rates #currencies #exchange

Polygon Zero has Accused Matter Labs of Code Attribution Polygon's scaling division has accused zkSync Era's L2 network developers, Matter Labs, of stealing the project's code. This is done on the basis of zero-disclosure evidence. In an update called Boojum fully copied parts of the SNARK Plonky2 protocol were found, according to Polygon. The statement says that the code was integrated without the original copyright or mention of its developers. "Today's accusations are unfounded, misleading, and extremely disappointing coming from a team I highly respect," said Matter Labs co-founder and CEO Alex Gluchowski. #fuji_news #fuji_crypto

Digest: top venture news of the past day 🖥️Open source software management and protection platform: Endor Labs has raised $70M. 👗Korean marketplace: Levit has raised $46M. 🧬Gene editing to fight mutation diseases: Amber Bio has raised $26M. 💵Financial management app: Pockit has attracted $10M. 👶A device to care for sick infants: Navi Medical Technologies has attracted $2.4M. #fuji_venture #digest

Cryptocurrency exchange rates on August 4, 2023. #crypto #rates #currencies #exchange

The U.S. Department of Justice Fears an Outflow of Binance Users The U.S. Department of Justice is preparing to file fraud charges against cryptocurrency exchange Binance. However, they are afraid that there will be a massive user exodus. Semafor writes about this, citing sources. It is believed that the lawsuit could lead to panic among users. Consumers may lose money. According to insider information, prosecutors are considering other, softer measures to influence the exchange. Such as fines and a deferred or non-prosecution agreement. #fuji_news #fuji_crypto

Digest: top venture news of the past day 🖥️Developing chips for AI systems: startup Tenstorrent has raised $100M from Hyundai and Samsung. 💻Protecting open source components: Endor Labs has raised $70M. 🧚AI-driven character creation in computer games: AI startup Inworld AI has raised $50M. 💊A startup that develops new types of medicines: Solu Therapeutics has raised $31M. 🏭Solutions to reduce CO2 emissions from manufacturing facilities: Revalue Nature has raised $10M. 💵A developer of financial management tools: Traction has raised $6M. #fuji_venture #digest

Jesse Powell Criticizes FTX Relaunch Jesse Powell, co-founder of cryptocurrency exchange Kraken, doubts the possibility of relaunching FTX. "FTX 2.0 would be worse than starting from scratch. No team, no tech, no licenses, no banking, tarnished brand," he shared in a personal tweet. According to the Kraken executive, the manager should simply auction the domain and trademark to the highest bidder. All that is happening now is an attempt to swindle money from creditors. The "FTX 2.0 Coalition" responded to his comments by saying that they have other incentives. The basic idea behind revitalizing the crypto exchange is to hand over management to "a competent operator with the necessary experience and resources." #fuji_news #fuji_crypto

Digest: top venture news of the past day 💻A startup offering an online collaboration platform: Nile has raised $175M. 💳A platform for creating B2B payments: Tradeshift has raised $70M. 🐠A manufacturer of smart fish farms: Konscious Foods has raised $26M. 🔐Israeli cybersecurity startup: Silk Security has raised $12.5M. #fuji_venture #digest

Cryptocurrency exchange rates on August 2, 2023. #crypto #rates #currencies #exchange

Binance Returns to the Japanese Market With 34 New Tokens The Japanese division of cryptocurrency exchange Binance is preparing to return to the Japanese market with 34 new tokens. Among them is expected to be the native token BNB, which will be available in Japan for the first time. Users will be able to trade on the platform and use its Earn and NFT marketplace products. Interest in the Japanese market has led the crypto exchange to active negotiations with regulators. In the past, it has faced warnings from regulators and temporary access restrictions for users from Japan. But now Binance is reapplying for licensing in the country in an effort to get back to operating at full capacity. #fuji_news #fuji_crypto

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SEC Asked Coinbase to Keep Only Bitcoin Listed Ahead of Lawsuit The SEC has asked Coinbase to stop trading all cryptocurrencies except bitcoin before suing it. This fact was shared by Coinbase chief executive Brian Armstrong with the Financial Times. According to him, the SEC suggested to delist every single one of the more than 200 tokens. "And, we said, well how are you coming to that conclusion, because that's not our interpretation of the law. And they said, we're not going to explain it to you, you need to delist every asset other than bitcoin." The SEC told the publisher that its staff did not make formal requests to "companies to delist crypto assets. "In the course of an investigation, the staff may share its own views as to what conduct may raise questions for the commission under the securities laws," they said. #fuji_news #fuji_crypto

Digest: top venture deals over the past day ☀️Mexico-based solar panel startup: Bright has raised $31.5M. 💊Cell therapy development company: Kincell Bio has raised $36M. 🌱Israeli startup producing microalgae: Brevel has raised $18.5M. 🔐A cybersecurity startup: Plerion has raised $10M. ✈️Travel software for tour operators: startup Nezasa has raised $4.7M. #fuji_venture #digest

Cryptocurrency exchange rates on July 31, 2023. #crypto #rates #currencies #exchange

Grayscale Pushes for SEC Approval of All Spot Bitcoin ETFs The SEC should approve all spot bitcoin ETFs simultaneously. So said digital asset manager Grayscale. "The SEC's actions related to bitcoin ETFs should be done in a fair and orderly manner," Grayscale's chief legal officer Craig Salm said in a statement. The SEC should not pick winners and losers. Grayscale also said it intends to support any efforts that allow investors to access cryptocurrencies. The company welcomed progress toward greater oversight of the sector. #fuji_news #fuji_crypto

Digest: top venture deals over the past day 🫀AI-assisted early diagnosis of cardiovascular disease: RapidAI has raised $75M. 🚕UK startup creating charging software for electric cars: ev.energy has raised $33M. 💅A financial platform for beauty salons to manage records: GlossGenius has raised $28M. ⚡️Indian internet service provider: Wiom has raised $17M. 🪪AI-powered insurance for small businesses: Foxquilt has raised $12M. #fuji_venture #digest

Cryptocurrency exchange rates on July 28, 2023. #crypto #rates #currencies #exchange

Discussing the Theft of Bitcoins from a Paper Wallet A user named r/jdmcnair lost $3000 in bitcoins due to a wallet generator. The user shared the incident on reddit. Here's how he stored it: "I was doing self-custody, generated my key and printed it on paper on an offline computer, transferred my BTC to this offline wallet, and kept it stored in a safe that only I have the key for." He also added that he used the walletgenerator.net service. Blockchain security firm CertiK's director of security operations Hugh Brooks discussed the incident with Cointelegraph. He said that wallet generators are vulnerable as of 2019. If users need secure storage, it's better to use trusted hardware wallet providers such as Ledger and Trezor. #fuji_news #fuji_crypto

Digest: top venture deals over the past day ⚡️Energy storage startup: Field has raised £200M. 🔐Cybersecurity startup Protect AI has raised $35M. 🤖Collaborative robotics startup: Collaborative Robotics has raised $30M. ♻️Recycling CO2 into ethylene: Dioxycle has attracted $17M. 📦Lithuanian startup helping with logistics operations: GoRamp has attracted €3M. #fuji_venture #digest

Cryptocurrency exchange rates on July 27, 2023. #crypto #rates #currencies #exchange

South Korea has Launched Interagency Investigation Team South Korea has launched an investigation unit to combat cryptocurrency crime. The decision was made against the backdrop of a surge in illegal activities and lack of legal protection for investors. This is reported by Reuters. "Virtual assets are investment products that already compare to stocks, but market participants are practically left out from legal protection amid incomplete laws and systems," the statement reads. The number of employees in this unit will be about 30. It will employ experts in judicial, financial, tax and customs authorities. The investigation team will protect the interests of investors until the cryptocurrency market will not be regulated by law. #fuji_news #fuji_crypto

Digest: top venture deals over the past day 🔒Cybersecurity startup: Zyber has raised $100M. 🔒Cybersecurity and surveillance systems: Solink has raised $60M. 🔒Another cybersecurity startup: Adaptive Shield has raised $10M. 🚌Finding the most convenient routes for school buses: BusRight has raised $7M. 🖥️Creating optical processors: Akhetonics has raised €2.3M. #fuji_venture #digest

Cryptocurrency exchange rates on July 26, 2023. #crypto #rates #currencies #exchange

The Decline of Bitcoins at Whale Addresses The number of bitcoins owned by whales has decreased since May 30 to 255,000 BTC. This was the conclusion reached by Glassnode analysts. The rate of decline in the metric for the month became a record in history - 148,000 BTC. However, it should be noted that whales transferred 255,000 BTC to exchange addresses in the last 30 days. Thus, the net reduction of large market participants decreased by only 8,700 BTC. During the recent rally, there was a jump in bitcoin receipts from whales to centralized platforms (16,300 BTC per day). The share of whales in the total mass of deposits to exchanges reached 41%. And this exceeded the levels during the Terra collapse (39%) and the FTX crash (33%). #fuji_news #fuji_crypto

Digest: top venture deals over the past day 🔒Managing privacy requirements in companies: OneTrust has raised $150M. 🖥️A startup that develops a quantum computer: Silicon Quantum Computing has raised $50M. 🛰️A company that develops modules for satellites: Impulse Space has raised $45M. 🏭An AI platform for tracking CO2 emissions: Zuno Carbon has raised $2.5M. 🚀Space technology startup: Space DOTS has raised €1.7M. #fuji_venture #digest

The Sleeping Address Brought Out a Large Number of Bitcoins The address, which had been dormant for over 11 years, moved all of its 1,037 BTC. Their value amounted to more than $31 million. The asset sale rate was $29,956. The first cryptocurrency was received on the wallet on April 11, 2012, the price was $4.92. The profit amounted to about 600,000%. At the peak in November 2021, these bitcoins were worth about $71.6 million. BTC is currently trading at $29,779, down 1% overnight. #fuji_news #fuji_crypto

Digest: top venture deals over the past day 🚗Developing an electric flying cab: Lilium has raised $192M. 🧫Cell therapy startup: Turnstone has raised about $80M in its IPO. 🤖Making autonomous industrial robots: Ati Motors has raised $10.85M. 💳Developing contactless payment: Egyptian startup Flash has raised $6M. 🚢Greek startup focused on AI-based ship decarbonization: DeepSea was acquired by Japan's Nabtesco. #fuji_venture #digest

Cryptocurrency exchange rates on July 24, 2023. #crypto #rates #currencies #exchange

Bitmain has released the First Miner for Filecoin Mining equipment manufacturer Bitmain has unveiled a Filecoin mining device. Bitmain is a global manufacturer best known for Bitcoin mining ASICs. Filecoin is a project that has been present on the crypto markets since 2017. Bitmain's new Filecoin mining machine comes with a hash rate of 4,300T and costs $38,888. The manufacturer recommends connecting the devices to the platform of Bitmain's associated Antpoo mining pool. This will allow for rewards immediately after purchase. Bitmain will also provide a delegated staking service for FIL at a monthly rate of 0.5%. #fuji_news #fuji_crypto

Digest: top venture deals over the past day 💧Natural hydrogen extraction technology: Koloma has raised $91M. 🛵Electric vehicle manufacturing in Indonesia: Maka Motors has raised $37.6M. 🧑‍💻Infrastructure products for Web3 technology: Cosmic Wire has raised $30M. 💊Patient care improvement startup: Collectly has raised $29M. 🧑‍⚕️Pharmaceutical delivery across Africa: Kasha has raised $21M. #fuji_venture #digest

Cryptocurrency exchange rates on July 21, 2023. #crypto #rates #currencies #exchange

Cryptocurrency Transactions and Mining will be Banned in Kuwait Kuwait's Capital Markets Authority has signaled a commitment to a complete ban on cryptocurrency transactions. This information is available on the official website. Kuwait has prohibited the use of crypto for payments or investment to combat money laundering and mining. The ban also covers the recognition of cryptocurrency as a decentralized currency. The restrictions will not affect securities and financial instruments regulated by the Central Bank of Kuwait and the CMA. "Securities regulated by the Central Bank of Kuwait and other securities and financial instruments regulated by the Capital Markets Authority are excluded from this prohibition," the statement said. #fuji_news #fuji_crypto

Digest: top venture deals over the past day 🧑‍💼Startup engaged in the development of financial instruments for business: Karat has raised $70M. 💽AI-based big data analysis: Hammerspace has attracted $56.7M. 💊Development of means to prevent cancer recurrence: Surge Therapeutics has raised $32M. 🚖Car rental with subscription option in Brazil: Turbi has attracted $16.4M. 📲A platform that helps host celebrity content: Komi has raised $12M. #fuji_venture #digest