Bitcoin Breaks $43K Despite Powell's Call for New Regulations on Crypto
Marc Lopresti, The Strategic Funds' managing director, discusses the recent upswing in the crypto markets amid Fed Chair Jerome Powell’s statements on a digital dollar and Terra Luna’s purchase of $125 million worth of bitcoin. Plus, a conversation about investor interest in various altcoins like Solana, AVAX, and ether, and traditional finance’s ongoing effort to enter the DeFi space.
Securities Regulators Cast Doubt on DeFi's Decentralization Claims
International standard-setter IOSCO said its members will take coordinated action to control what it called significant risks of the emerging DeFi market.
Next 24 Hours Crucial for EU Crypto Law as Officials Debate Emissions, DeFi, NFTs
Lawmakers will make a final call on banning Bitcoin-style validation and consider how to treat decentralized finance.
Acala, VCs Commit $250M for Polkadot DeFi Investments
The fund will back companies with use cases for Acala’s aUSD stablecoin.
Crypto Lender Nexo Spins Out $150M Venture Arm for Web 3 Investments, Acquisitions
Nexo Ventures will be active in Web 3, decentralized finance innovation, NFTs, metaverse and GameFi.
Mango DAO Embraces SOL, Rejects BTC With $1M Treasury Investment
The governing body behind Solana’s Mango Markets overwhelmingly rejected calls to invest even a sliver of its nearly $700 million treasury in bitcoin.
Polychain Capital Leads $22M Investment in NFT Appraisal Protocol Upshot
The project wants to bridge the worlds of DeFi and NFT.
Paradigm Invests $8.8M in DeFi’s Ribbon Finance
The protocol automates crypto derivatives strategies for the lay DeFi trader.
Pipe Introduces Alternative Financing Product for Bitcoin Miners
The trading platform worked with Compass Mining for several months before launching the product.
Morgan Stanley Sees DeFi Remaining ‘Fairly Small’ as Growth to Slow
Regulation and overcollateralization are the main hurdles for the sector, the bank said.
