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Latest from Elizabeth Napolitano
California Is Investigating ‘Multiple’ Crypto Lending Companies
The state’s Department of Financial Protection and Innovation is looking at whether firms that have suspended customer withdrawals and transfers have violated its laws.
Multicoin Capital Announces $430M Venture Fund for Crypto Startups
The venture capital giant’s latest fund – in combination with its already existing vehicles – will invest $500,000-$1 million in early-stage projects and up to $100 million or more for more mature opportunities.
SSV DAO to Distribute $10M in Grants for Staking Projects Ahead of Ethereum Merge
The organization will distribute grants in USDC, ETH and SSV tokens.
Tokensoft Launches Web3-Enabled Platform, Tokensoft v2, on Ethereum, Avalanche
Tokensoft hopes to deploy its platform for user-led token sales on 10 chains by the end of the year.
Crypto Exchange Bullish.com Reportedly Cuts About 10% of Workforce
The company last week extended the deadline to complete its SPAC merger until the end of 2022.
CoinLoan Is the Latest to Limit User Withdrawals
The measure will be lifted if market conditions allow, the crypto lender said.
Meta to Shutter Novi Crypto Payments Wallet in September, Ending Libra Saga
Three years into its stablecoin gambit, Meta’s final Libra dinosaur is going out the door.
Crypto Lender Celsius Network Exploring Options to ‘Preserve and Protect’ Assets
The company is consulting with experts to try to reduce the fallout from its mid-June swoon.
Investment Firm Cypherpunk Holdings Sells All of Its Bitcoin and Ether
The publicly listed firm has transitioned its treasury to cash amid increased market volatility, but it hasn’t ruled out reinvesting in cryptocurrencies when the market settles down.
Anchorage Digital to Introduce Ether Staking for Institutions as Move to PoS Approaches
The crypto custody firm is enrolling customers a few months ahead of Ethereum’s planned transition to a proof-of-stake mechanism.
