The firm started its fund as more crypto projects seek non-U.S. jurisdictions.
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Singapore Working With Banks to Provide Guidance on Crypto Businesses: Bloomberg
An industry report is expected to outline best practices in areas including due diligence and risk management.
Avalanche’s Cortina Upgrade Goes Live on Protocol’s Testnet; AVAX Token Rallies
The change improves support for exchanges and may bring faster development, Avalanche says.
What’s in the House Financial Services Committee’s Stablecoin Bill?
It would ban a future terraUSD, at least temporarily, and create licensing rules for fiat-backed stablecoin issuers.
EU Consultation Warns on Risk of Big Players Becoming Metaverse Gatekeepers
The European Commission raised the risks to privacy, openness, cybersecurity and equality in online virtual worlds.
A Mysterious A16z Tweet Sparked a Rally in Crypto Project Optimism's OP Token
The tweet spurred speculation that the notable venture capital firm could launch its own Optimism-based layer 2 blockchain. A16z crypto’s CTO tweeted: “not an L2.â€
Bitcoin Shorts Take on 87% of Futures Liquidations as BTC Crosses $30K
Over $145 million in shorts against bitcoin prices were liquidated since early Asian morning hours on Tuesday.
Multicoin Leads $4M Strategic Round for Web3 Co-Ownership Platform Lore
The platform, now in public beta, allows groups of people to share non-fungible tokens (NFT) for expanded access and utility.
NFT Collective Proof Launches New Moonbirds Collection With Beeple, Other Artists
The "Moonbirds: Diamond Exhibition" collection is available exclusively to holders that reached "Diamond Nest" status by staking their NFTs.
First Mover Asia: Bitcoin Is Flat, Ether in the Red, as a Long Weekend Begins
It's a battle of bulls versus bears as the market gets a grip on reality, says Brent Xu, CEO of DeFi lender Umee. ALSO: CoinDesk columnist Daniel Kuhn writes that Elon Musk had the crypto world's attention again this week, but whether he helps DOGE is questionable at best.
