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The Short-Sightedness of Run-Amok Regulators
29.3.2023
Ric Edelman, founder of the Digital Assets Council of Financial Professionals, talks about a key reason why crypto’s future looks bleaker: an apparent effort to cut it off from U.S. banks
Bitcoin Miner Stronghold Raises Year-End Hashrate Guidance to 4 EH/s
29.3.2023
Fourth-quarter revenue of $23.4 million was driven mainly by selling energy to the power grid rather than crypto mining
AI-Focused Crypto Protocol Fetch.ai Raises $40M to Deploy Decentralized Machine Learning
29.3.2023
The $40 million funding marks yet another investment by market maker DWF Labs, its fifth this month
Dragonfly Leads $6.5M Round for Aptos Protocol Econia Labs
29.3.2023
The startup offers an order book protocol for decentralized finance (DeFi) in the Aptos ecosystem
Investment DAO Hydra Ventures Raises $10M to Fund Other DAOs
29.3.2023
Web3 investors such as 1kx, ConsenSys, Collab+Currency, Wicklow Capital and Seed Club were among firms joining the investment round
UK NFT Dropped Over Lack of Demand, Finance Minister Hunt Says
29.3.2023
The Royal Mint in 2022 had been tasked by the government with creating a project in what was then the red-hot space
DeFi Platform Lido to Cease Staking on Polkadot, Kusama in August
29.3.2023
Decentralized finance staking service Lido has passed a governance vote to sunset its staking program with Polkadot and Kusama
The Liability of DAOs and Their Founders Has Been Put to the Test in Court
29.3.2023
Decentralized Autonomous Organizations (DAOs) are beginning to look like general partnerships in the eyes of U.S. courts
Crypto’s Unfulfilled Dreams Get a Tailwind From U.S. Crackdown on Binance, Coinbase
28.3.2023
The crypto revolution was supposed to make finance more decentralized, but much of the industry is centralized. Regulatory pressure could change that
French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud
28.3.2023
On Tuesday, French officials conducted raids on five major banks located in and around Paris, including Societe Generale, BNP Paribas, HSBC, Natixis, and BNP’s Exane Bank, over alleged charges of money laundering and fiscal fraud. According to a spokesperson for France’s Financial...
Staking Protocol EigenLayer Raises $50M Amid Crypto Winter
28.3.2023
Blockchain Capital led the round for the solution that allows Ethereum stakers to reuse those tokens
Kraken Lands Sponsorship Deal With Williams Racing Despite U.S. Regulatory Crackdown
28.3.2023
Formula 1 team Williams Racing signed U.S. crypto exchange Kraken as a sponsor after losing one of its most prominent drivers, Nicholas Latifi, who reportedly earned the team a large amount of sponsorship fees
Paradigm Leads $7M Round for Optimism-Based Startup Conduit
28.3.2023
The newly announced startup will help developers launch Optimism-based applications
Crypto Banking Rules Could Be Modified If Market Reacts, Basel Committee Chair Says
28.3.2023
Controversial rules unveiled last year would discourage banks from holding assets such as bitcoin that are deemed risky
AllianceBlock Strikes Deal With Crunchbase to Bring Traditional Business Data to DeFi
28.3.2023
AllianceBlock, a blockchain-agnostic platform, has signed a deal with business data provider Crunchbase to import traditional finance data into the DeFi ecosystem
Zero Hash Taps Former Stripe, Coinbase Exec as President and COO
28.3.2023
Cyril Mathew previously led business development teams at Stripe and Coinbase
CFTC Could Force Binance to Cease U.S. Operations as Part of Settlement: Bernstein
28.3.2023
The crypto exchange will look to safeguard its dominant international business, which is its cash cow, the report said
Bitcoin Millionaire Tim Draper Advises Startups to Keep Bitcoin as a Hedge Against a ‘Domino’ Run on the Banks
28.3.2023
Tim Draper, a venture capitalist and bitcoin millionaire, has included bitcoin as part of a series of cash management recommendations offered to startup founders. Draper recommended having at least two payrolls worth of cash in bitcoin or other cryptocurrencies to avoid being affected by bank...
Disney Lays Off Metaverse Team: WSJ
28.3.2023
Fifty people have lost their jobs as Disney disbands its next-generation storytelling and consumer experiences unit as part a company-wide staff reduction
Euler Finance exploiter returns another $37.1M worth of ETH and DAI
27.3.2023
The exploiter originally drained $195 million worth of ETH and tokens from the protocol but has now returned around $138 million