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DeFiance Capital's Arthur Cheong Is Raising Money for a New Fund: Sources
The fund will focus on liquid crypto investments and targets raising about $100 million, a person familiar with the matter said.
Fintech App Eco to Convert User Balances From US Dollars to USDC
Eco will use digital settlement-service platform Zero Hash to custody the stablecoins.
Steve Cohen-Backed Firm Invests $10M in Web3 Game Marketplace AQUA
The hedge fund billionaire has invested in crypto projects since 2018.
Crypto Trading Firm Talos to Expand in Europe, US With New Hires
The trading platform has made three key appointments in sales and business development.
New Cosmos White Paper Revamps Cosmos Hub, ATOM Token
The paper cites interchain security and a new issuance model for ATOM as the keys to pulling the first Cosmos blockchain out of its yearslong identity crisis.
Troubled Data Center Compute North Struggled With Crypto Winter. Then Its Relationship With a Major Lender Soured
The company was financed by Generate Capital, which seized the data-center operator’s assets.
FTX Ventures, DCG Back $9.6M Funding for Decentralized Database Solution Kwil
The community-owned platform could make it easier for Web2 developers to move into Web3.
Republican Lawmakers File Amicus Brief in Support of Custodia Bank’s Legal Battle With the Federal Reserve
The Wyoming-based bank filed suit against the Federal Reserve in June, arguing that the Fed’s refusal to make a decision is unlawful and discriminatory against crypto institutions.
EU Finalizes Legal Text for Landmark Crypto Regulations Under MiCA
A leaked draft of the text, reviewed by CoinDesk, shows the rules could apply to algorithmic stablecoins and fractionalized NFTs.
US Treasury Wants Public to Comment on Crypto’s Role in Illicit Finance
The Treasury Department listed a number of questions, asking the general public to weigh in on how it’s approaching cryptocurrencies and their possible role in illegal activities.
