In brief Top NFT marketplace OpenSea has limited the number of NFTs that each creator can mint using its own smart contract. NFT creators have spoken out about the decision, which not only limits new […]
In brief The Biden Administration’s crypto strategy hinges on stablecoins. The strategy is to use federal agencies to squeeze stablecoin issuers. The ultimate beneficiary is likely to be the big banks. “Just because you’re paranoid […]
The SEC has rejected another application for a spot market Bitcoin ETF—this time from asset manager Fidelity. The U.S. regulator said in a Thursday note that the application for Fidelity’s Cboe BZX Exchange did not […]
In brief The Diem Association will reportedly sell off its assets and IP to Silvergate for about $200M. Facebook originally launched the stablecoin project as Libra in 2019. Facebook’s stablecoin ambitions may finally be dead. […]
Reddit, the popular online discussion platform valued at $10 billion, is testing a feature that would allow its users to connect any non-fungible token (NFT) they own to their profile picture. While Reddit already has […]
In brief The funding round values Fireblocks at $8 billion. Fireblocks is now eyeing potential customers outside of the world of finance. Crypto infrastructure giant Fireblocks announced on Thursday it has raised $550 million in […]
In brief CoinTracker is crypto tax software. The company has a $1.3 billion valuation. It’s using its $100 million in funding to “scale up the product and company.” With the IRS filing period just around […]
0xSifu, a co-founder and CFO of an Avalanche-based fork of OlympusDAO called Wonderland, has been outed as a co-founder of the notorious Canadian crypto exchange QuadrigaCX. The exchange was labeled a “ponzi scheme” by the […]
Starting and operating a DAO can require stitching together dozens of single-feature solutions. Superdao wants to change that, announcing today that it has raised $10.5 million in a funding round led by VC firm SignalFire […]
In brief MakerDAO transitioned to decentralized governance in 2021. The Maker Protocol is now governed by people who hold MKR tokens. A successful December proposal called for the “offloading” of the content team. In July […]