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Nomura Backs $6M Round for On-Chain Fund Platform Solv Protocol
The Singapore-based startup allows institutions and venture capitalists to create, use and sell financial products.
For Crypto Investors Down Bad in Hector, the DAO Can’t Die Fast Enough
Hector Network will take six to 12 months to hold a liquidation. Token holders want their money back sooner.
Africa-Focused DeFi Platform Mara Releases Ethereum-Compatible Testnet
Developers in Nigeria and across Africa can build and test their decentralized applications on the Optimism forked Mara Chain.
Crypto Insurer Evertas Buys Bitcoin Mining Cover Specialist Bitsure
Evertas has snagged the authority to offer mining policy limits of up to $200 million per location.
Crypto Distress Prompts Fir Tree, a Hedge Fund, to Seek Profit From Turmoil
“Fir Tree is at its best when we identify opportunities that are mispriced, dislocated or complex. Rarely do we encounter situations that are all three, but that is precisely what we are seeing in digital assets right now,” Fir Tree said.
Circle Cuts Workforce, Ends Certain 'Non-Core' Activities; Will Continue Hiring Globally
While some departments were subject to layoffs, the stablecoin issuer will continue to hire in other areas.
Tim Draper-Backed Fund Joins $5M Series A for LunarCrush
The social media analytics platform is expanding from a digital asset trading focus to allow users to search for any topic.
BlackRock’s Bitcoin ETF Application Takes Surveillance to the Next Level
An Information-Sharing Agreement, which appears to be absent from public spot Bitcoin ETF filings, compels a crypto exchange to share trading data up to and including personal information such as a customer’s name and address.
Data Startup Space and Time Creates Chatbot Powered by ChatGPT for Database Querying
ChatGPT will enable users to query the decentralized data warehouse using natural language prompts.
Index Coop Aims to Improve Limitations of Protocol, On-Chain Structured Products
The infrastructure limitations of this sector include a lack of cross-chain asset support, expense in maintaining products due to high issuance costs and difficulty rebalancing on-chain products due to slippage.
