Industry
Dispersion Capital launches $40M venture fund to 'bring Web3 to the masses'
Early-stage venture capital firm Dispersion Capital recently exited stealth, launching a $40 million fund for startups working on infrastructure for Web3 projects.Christopher SmithMajor Crypto ATM Operator Coin Cloud Files for Bankruptcy
One of the largest cryptocurrency ATM operators, Coin Cloud, which claims to operate more than 5,000 crypto ATMs, has filed for bankruptcy protection in the United States.Hallie GillCrypto exchange Kraken ends staking program with $30M SEC settlement
Cryptocurrency exchange Kraken will "immediately" terminate its cryptocurrency staking-as-a-service platform for U.S.James DeanCoinbase falls most since July as SEC cracks down on crypto staking
Shares of Coinbase Global Inc. fell the most in six months after rival Kraken was forced to stop offering investment services that the largest U.S. cryptocurrency exchange also offers.Barry StidhamSatoshi Era Bitcoin Address Moves $9.6M in BTC 11 Years Later
An ancient BTC address that hasn't traded in over a decade was brought back to life on Wednesday and the profits are worth a look.Martha GrizzardBitcoin breaks support and plummets SEC crackdown
Bitcoin hit lows in late January in Asian trade but held support.Craig GreenChinese city launches government-backed Metaverse platform
On May 22, Nanjing, the capital of East China's Jiangsu Province, unveiled the China Metaverse Technology and Application Innovation Platform, which promotes research and development of Metaverse across the country.Martha GrizzardLocalBitcoins Shuts Down P2P Crypto Exchange Service
Localbitcoins, a Helsinki, Finland-based bitcoin exchange founded in 2012, is closing operations after more than a decade in service.Christopher SmithForesight Ventures Commits Additional $10M to Web3 Accelerator
On May 24, Singapore-based venture capital (VC) firm Foresight Ventures announced that it will pledge an additional US$10 million to its Foresight X Accelerator, bringing its total to US$20 million.Wayne IngramRonaldo's NFT Tease Sparks Intrigue During Lie Detector Test
Football icon Cristiano Ronaldo recently underwent a lie detector test to answer a range of football-related questions,Cornell RachelRBI-Backed NPCI Ventures into Blockchain Hiring
The National Payments Corporation of India (NPCI), a color, Experienced Blockchain TechnologyBarry StidhamAustralian Lawmakers Reject Crypto Bill
The Australian Senate Economic Legislation Committee has issued its feedback on Senator Andrew Bragg's proposed cryptocurrency bill.Cornell RachelUK Sets Ambitious Goals for Global AI Summit
The UK has outlined five key "ambitions" for an upcoming global artificial intelligence (AI) security summit set to occur on November 1 and 2.Christopher SmithFormer MAS Chairman's Presidential Victory Shrouded in Crypto Caution
Tharman Shanmugaratnam, the former chairman of the Monetary Authority of Singapore (MAS), has secured victory in Singapore's presidential electionMartha GrizzardGoogle DeepMind CEO Demis Hassabis says we could have AGI 'in the next few years'
Demis Hassabis, CEO of Google DeepMind, recently predicted that artificial intelligence (AI) systems will reach human-level cognition at some point between "the next few years" and "probably within a decade."Cornell RachelMeta SEC Filing Discloses Debt Securities Issuance Plan
Tech giant Meta, the parent company of Facebook, Instagram and WhatsApp, has filed with the US Securities and Exchange Commission (SEC) for a new debt-on-hold offering.Barry StidhamDespite headwinds, community-driven crypto projects are thriving
The much-anticipated launch and airdrop of Arbitrum’s native governance token, ARB, took place on March 23, creating a buzz around the Layer 2 protocol as hundreds of thousands of eligible users and DAOs attempted to claim the token.Cornell RachelBinance CEO Changpeng Zhao Denies Market Manipulation Allegations
Binance CEO Changpeng “CZ” Zhao rejected the CFTC’s allegations, arguing that the cryptocurrency exchange “under no circumstances operates for profit or ‘manipulates’ the market.”Craig GreenMakerDAO Adopts New 'Constitution' to Formalize Governance Process
According to the proposal’s official forum page, MakerDAO, the decentralized autonomous organization governing the Dai (DAI) stablecoin, has adopted a new proposed “constitution” designed to standardize the governance process and help prevent hostile actors from taking over the protocol.Barry StidhamUK Treasury drops Royal Mint NFT Plans
The United Kingdom has shelved plans to launch a government-backed “UK NFT,” originally proposed by crypto-friendly Prime Minister Rishi Sunak.Martha Grizzard
