Coinbase CEO Brian Armstrong and Ripple CEO Brad Garlinghouse also expressed their sentiments over US regulation at the Dubai Fintech Summit.
Crypto VCs made $2.6B worth of deals in the first quarter of 2023
Valuation trends in the report are mixed, with seed rounds up 33.3% and late-stage rounds up 209.2% compared with 2022; however, early-stage rounds are down 16.7%.
Pepe memecoin frenzy gets unwanted attention from scammers
Security firm CertiK alerted the community to a fraudulent Pepe website offering rewards, cautioning that the site is linked to a phishing contract.
Animoca Brands reports $3.4B of assets in an interim financial update
The update shows $194 million in cash, $566 million in digital assets and $2.7 billion in off-balance sheet token reserves for other majority-owned Web3 subsidiaries.
Buying a car with Bitcoin gets $3.7M fine, prison time in Morocco
The Casablanca Court of Appeal upheld the conviction of 21-year-old French citizen Thomas Clausi for illegal use of cryptocurrency.
Bitcoin Ordinals make their way to Binance: Nifty Newsletter, May 3–9
At the Metaverse Entertainment Worlds conference, Stephen Castell discussed how blockchain and AI are transforming ethics and banking.
Pepe vs. Doge: How memecoins performed first time hitting $1B market cap
In a recent Cointelegraph Twitter poll, DOGE was voted as the memecoin that will have the largest market capitalization by 2025, with PEPE coming in second place.
Biden calls to end $18B ‘crypto tax loopholes’ —community begs to differ
Reddit users speculated that the president might be referring to the IRS wash sale rule not being applied to crypto yet.
How blockchains can solve greenwashing and contribute to climate action
BNB Chain’s Victor Genin said blockchain could improve transparency, accountability, traceability, energy efficiency, waste reduction and collaboration in the climate action space.
WallStreetBets mod dumps memecoin worth $635K in alleged rug pull
Within two days, the token’s price plummeted from an all-time high of $0.00067279 to an all-time low of $0.00004827.
Sotheby’s launches on-chain secondary NFT marketplace: Nifty Newsletter, April 26–May 2
Sotheby’s marketplace will attempt to set itself apart by presenting a range of artists curated by experts from the auction house.
Coinbase going international sparks community reactions: ‘Crypto is global’
Reactions to the new development varied, with some celebrating and others expressing frustration toward U.S. regulators.
Bhutan’s DHI and Bitdeer to raise $500M to develop sustainable mining operations
DHI CEO Ujjwal Deep Dahal said that the partnership would contribute to a more sustainable domestic economy in Bhutan.
Blur NFT lending protocol gets mixed reactions from the community
Web3 lawyer Jesse Hynes tagged the SEC and stated that they must safeguard investors from this type of activity.
KuCoin confirms an exchange user is behind alleged daily rug pulls
A community member identified a wallet address that allegedly launched several memecoin rug pulls daily for almost two years.
Celsius creditors demand transparency on ‘suspicious’ FTX transactions
Celsius creditors say info from FTX is crucial in determining if some CEL trades were meant to inflate its price artificially.
Romania to launch national NFT marketplace: Nifty Newsletter, April 19–25
Sotheby’s auction house is set to sell NFTs that are part of collapsed crypto hedge fund Three Arrows Capital’s digital collection.
Blockchain features on WEF whitepaper as a tool to fight climate change
CISA executive Brynly Llyr said that it’s important to consider and research emerging technologies that can help address climate change.
Crypto community split on Coinbase NFT’s push for ‘sensible crypto policy’
A Twitter user expressed uncertainty over NFTs having any impact but admitted that it makes them feel like they did something.
KuCoin to reimburse victims of the short-lived Twitter account hack
The crypto exchange announced that it will fully reimburse all the verified asset losses from the fake giveaway promotion.