Silvergate Terminates SEN Platform Leveraged by Institutions in Moving Money to Crypto Exchanges
Michael ScottThe recent update conveyed by Silvergate Capital Corp informed the institutional clients of its decision to discontinue the Silvergate Exchange…
Velodrome Rally to Rank Top on Optimism
Velodrome surged to top the liquidity and trading platforms on Optimism, a layer-two scaling system. Since 23rd February, it has…
Fixed Interest DeFi Builder Term Finance Nets $2.5 Million in Seed Round
Term Labs confirms raising a $2.5 million seed round for Term Finance. The funding round attracted the leadership of Electric…
Web3-based Cumberland Labs Announces the Completion of Incubating DeFi Startup Hashnote
Cumberlands Labs recent announcement revealed the emergence of institutional-oriented decentralized finance (DeFi) startup Hashnote from incubation. As the pioneer incubatee,…
Texas Regulators Question Viability of Voyager-Binance $1B Deal if Alameda $445M Loan Succeeds
Texas regulators expressed pessimism about Binance US's offer of $1B to Voyager Digital. The February 28 filing by the Texas…
Illinois State Set for Crypto Licensing Similar to New York’s BitLicense
Illinois lawmakers confirmed debating several digital assets regulations introducing the oversight regime exercised in New York. The new bills have…
(GameFi) Gaming and Decentralized Finance
Metaverse
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NFT (Non-fungible token)
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Pantera Capital Commits $10M Towards Worldwide Webb Project Advancing Metaverse Game
Worldwide Webb announced receiving $10m in a Series A round. The creator of the art-based metaverse game revealed that Pantera…
3AC Liquidator Teneo Selling Multi-Million Dollar Portfolio of NFTs
Three Arrows Capital (3AC) liquidator issued notice expressing intent to sell hundreds of non-fungible tokens (NFTs) approximated at millions of…
Montana State Senate Enacts Bill Safeguarding Crypto Miners
The Montana State Senate enacted a bill safeguarding crypto miners from enforcement against the industry. The bill passed on February…
Dapper Labs Set to Downsize its Staff by Another 20%
Dapper Labs informed the investors of its decision to reduce its headcount by another 20%. The decision conveyed to investors…
Beijing Appears to Support Crypto Developments Projects Undertaken in Hong Kong
Recent media reports reveal that China's Liaison Office's executives have recently sustained regular attendance at various crypto events held in…
FTX Reach Interim Agreement Granting Voyager Temporary Holding to Disputed $445M Alameda Loan Repayments
Estates of Voyager Digital and FTX agreed to grant a temporary hold to disputed $445M Alameda loan repayments as the…
Australian Gaming Firm Immutable Downsizes Staff by 11%
Immutable chief executive James Ferguson announced 11% headcount reduction blaming the move on the need to optimize operations efficiency and…
Germany’s DZ Bank Partners with Metaco for Digital Asset Custody Services
DZ Bank announced partnering with Metaco to utilize the latter's custody services for the digital asset. The announcement by the…