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Finance

NFT Infrastructure Company Gomu Closes $5M Seed Round

The fundraise included participation from Coinbase Ventures, DeFiance Capital and Saison Capital, among others.

Pixel Art NFT Collectibles Background.  Vector Illustration.  NFT Seamless Pattern. (Getty Images)

Policy

US CFTC as Crypto’s Regulatory Savior? Crypto Firms Might Not Like What They Get

The Securities and Exchange Commission is treated as a villain in crypto, but the view of the Commodity Futures Trading Commission as a government ally may not survive the honeymoon, insiders suggest

CFTC Chair Rostin Behnam (Suzanne Cordeiro/Shutterstock/CoinDesk)

Policy

Italy Hasn't Vetted the 73 Crypto Firms It Approved This Year

Companies entered into a new registry for crypto firms say they’ve secured regulatory approval in Italy, but they haven’t been checked for compliance yet.

Italy's Organismo Agenti e Mediatori, a supervisory body which oversees its crypto exchanges, told CoinDesk it didn't plan to start collecting information from registered exchanges until next year – at least. (Mathew Schwartz/Unsplash)

Finance

Indian Crypto Exchange WazirX Lays Off Roughly 40% of Its Employees: Sources

The eliminated workers were told they would be paid for 45 days.

WazirX CEO Nischal Shetty (WazirX)

Finance

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.

(Dall-E/CoinDesk)

Finance

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.

Andy Bromberg speaks at Token Summit NYC 2018.

Finance

Steve Cohen-Backed Firm Invests $10M in Web3 Game Marketplace AQUA

The hedge fund billionaire has invested in crypto projects since 2018.

(Pixabay)

Finance

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.

Crypto trading platform Talos announced three new hires to senior roles. (Nicholas Cappello/Unsplash)

Tech

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.

(Pixabay)

Finance

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.

Compass' Wolf Hollow site in Granbury, Texas (Compute North)