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Exclusive
Zenrock Aims to Calm Users' DeFi Wobbles With Decentralized Custody Offering
Crypto custody upstart Qredo has got a new lease of life after being bought out of administration by Dan Tapiero’s 10T Holdings and 1RoundTable Partners. The company is soon to relaunch as Zenrock.

MetaMask Starts Rollout of Blockchain-Based Debit Card Developed With Mastercard, Baanx
The new offering will allow MetaMask users to purchase directly from their self-custodial crypto wallet.

Crypto Lending Firm Morpho Bags $50M in Funding Round Led by Ribbit Capital
The strategic funding round included a16z, Coinbase Ventures, Variant, Pantera and Brevan Howard.

Lloyd’s of London-Backed Insurance Policies Can Now Be Paid for in Crypto on Ethereum
Cryptocurrency insurance underwriter Evertas, a Lloyd’s coverholder, has teamed up with smart contract-based insurance marketplace Nayms to offer the on-chain policies.

Circle Said to Be Trading Around $5B Valuation Ahead of Planned IPO: Sources
The issuer of stablecoin USDC was valued at as much as $9 billion when it first tried to go public in a failed SPAC deal in 2022.

$GREED 2.0: A New Lesson in Crypto Avarice That Might Also Enrich the People It Dupes
The first iteration of the $GREED project tricked people into tweeting an embarrassing message. This time, their money is frozen – but earning money.

Morpheus, Decentralized AI Project From Lumerin, Goes Live on Arbitrum Test Network
The premise of the technology is to avoid pitfalls of centralized AI models, which might be prone to censorship or monopoly control, according to the developer.

Coinbase Asset Management Plans Tokenized Money-Market Fund, a Hot Area After BlackRock's BUIDL Success: Sources
Tokenization is one of the hottest corners of the blockchain ecosystem.

AgriDex Settles First Agricultural Trade on Solana Blockchain
AgriDex "settled the transactions almost instantly, charging only 0.15% to each side of the trade" while in traditional systems "fees can be several percentage points per trade."

Cross-Chain Service DeBridge to Issue Governance Token, Completes Activity Snapshot
The cross-chain service is popularly used to transfer funds between the Ethereum, Base and Solana blockchains, among others.
