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Technologies

Shiba Inu Takes Step to Become DeFi Contender With Digital IDs

Digital identity verification will be a part of all Shiba Inu developments in the future, including on the upcoming Shibarium layer 2 blockchain.

Shiba Inu (Atsuko Sato)

Finance

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.

Nomura. (charnsitr/Shutterstock)

Finance

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.

(Getty Images)

Technologies

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.

Globe focus on Africa (James Wiseman/Unsplash, modified by CoinDesk)

Finance

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.

Bitmain Antminer mining rigs (Christie Harkin/CoinDesk)

Finance

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.

(Art Institute of Chicago/Unsplash)

Finance

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.

(Sandali Handagama/ CoinDesk)

Finance

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.

Image of LunarCrush social media feeds.

Finance

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.

BlackRock HQ

Technologies

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.

(Jan Antonin Kolar/Unsplash)