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Nirvana Labs completes $4 million seed round

Blockchain cloud computing company Nirvana Labs completed a $4 million seed round of financing, led by Castle Island Ventures and RW3 Ventures, with participation from BitGo Ecosystem Fund, Hash3, Third Earth and Play Ventures

BitForex plans to reopen its withdrawal service

Cryptocurrency exchange BitForex said it will reopen its withdrawal service after a five-month outage due to an investigation, but trading and deposits will remain suspended while withdrawals require KYC verification