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Telegram Raises $210 Million Through Bond Issuance | Cryptocurrency Trends

John, Bitget Research
2023/07/20
Telegram Raises $210 Million Through Bond Issuance | Cryptocurrency Trends

1. Mainstream Exchange Trends:

● Binance has indicated that it has suspended part of the m arket order function for spot and margin trading pairs due to technical issues discovered after the update.
● ACA/TRY, AVAX/TUSD, COMP/TUSD, COMP/TRY, and XEC/TRY will be available on Binance at 4:00 PM on July 20.
● Mainstream Exchange Listings (CEX: Token – Time of Listing in UTC)
KuCoin
DexCheck (DCK) — July 20, 2023, 12:00 PM

2. Cryptocurrency Trends:

● Nasdaq has suspended the launch of its digital asset custody service due to regulatory risks.
● StarkWare co-founder Eli Ben-Sasson announced at the EthCC ( Ethereum Community Conference) in Paris that Starknet is about to launch Starknet Appchains.
● The amount of 1INCH held in CEX-related wallets has increased to an all-time high of 184.28 million (valued at US$65 million).
● SG Forge, the cryptocurrency division of Societe Generale, has been granted a cryptocurrency license by the French financial regulator authority to provide services such as buying, selling, trading, and custody of digital assets.
● The Polygon team has announced plans to create a new governance framework that aims at achieving more decentralized control over its ecosystem.

3. Financial News:

● Cosmic Wire, a provider of Web3 and blockchain solution solutions, has completed a US$30 million seed funding round led by the Solana Foundation and Polygon.
● p0x labs, the developer of Manta Network's privacy protection protocol in the Polkadot ecosystem, has raised US$25 million in a Series A funding round with a valuation of US$500 million, led by Polychain Capital and Qiming Venture Partners.
● RISC Zero, a Web3 infrastructure company, has raised US$40 million in a Series A funding round led by Blockchain Capital.
● Telegram raises US$210 million through bond issuance, with Telegram founder and CEO Pavel Durov among the investors.

4. Regulatory News:

● The U.S. Senate is prepared to regulate the cryptocurrency industry with a new bill called the Crypto-Asset National Security Enhancement Act of 2023, which will require DeFi protocols to impose bank-like controls on their user base.
Disclaimer: This content includes third-party opinions, and we do not guarantee its accuracy. Cryptocurrency prices are highly volatile, so please conduct your own research and make judgments accordingly.