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NFT Infrastructure Company Gomu Closes $5M Seed Round
The fundraise included participation from Coinbase Ventures, DeFiance Capital and Saison Capital, among others.

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

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.

Indian Crypto Exchange WazirX Lays Off Roughly 40% of Its Employees: Sources
The eliminated workers were told they would be paid for 45 days.

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.
