The VC-dominated crypto funding model needs a reboot
Venture capital firms have a tendency to dump tokens and collapse prices. Community-based funding models could fix the problem. Does the crypto industry’s funding space need an overhaul? This is…
Dutch central bank says KuCoin is not licensed and ‘illegally offering services’
"This may increase the risk of customers becoming involved in money laundering or terrorist financing," says De Nederlandsche Bank. The central bank of the Netherlands, De Nederlandsche Bank, has issued…
Aztec Network secures $100 million in Series B funding led by a16z
With the funds, Aztec Network plans to hire more engineers and build a new encrypted blockchain. The private layer-2 chain Aztec Network announced on Dec. 15 a $100 million Series B…
SBF’s legal battle still has “a lot to play out,” according to legal commentators
Sam Bankman-Fried faces eight accusations and could get 115 years in jail, but a final sentence could take months or even years. Sam Bankman-Fried, former FTX CEO, faces eight accusations…
Big Time and other Web3 games take home the gold at the inaugural GAM3 awards
The 16 prize winners will share over $1M worth of prizes sponsored by companies such as Immutable X, the Blockchain Game Alliance, Machinations and many more. Web3 gaming awards event the…
Jewel Bank, Polygon to launch Bermuda’s first USD-backed stablecoin
The JUSD stablecoin will allow real-time settlements for institutional investors in the territory. Institutions in Bermuda will soon be able to trade real-time settlements using a stablecoin with a 1:1…
Bitcoin Santa Claus rally unlikely, according to on-chain and derivatives data
Data suggests that BTC’s rally to $18,300 is the only Santa rally that Bitcoin will see before year-end. As the coldest days of the crypto winter set in, investors’ speculative…
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