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UK FCA is coming for unregistered cryptocurrency automated teller machines (ATMs). Magic Eden is undergoing restructuring process, lays off 22 employees.
Crypto exchange Coinmetro announced Tuesday that it will acquire Ignium, a blockchain-based social fundraising platform, according to a Coinmetro press release.
Coinmetro aims to utilize the capital to provide extra services, including passive-income products, to help clients resist excessive inflation and interest rates to grow operations.
One of Europe’s fastest growing digital currency exchanges Coinmetro has closed an interim funding round of EUR 7million, valuing the company at EUR 180million.