Author: Chris Smith
Crypto Custodian HyperBC Obtains a Lithuanian Financial License and Focuses on Regulatory Frameworks
Reading Time: 3 minutesHyperBC Group has acquired a Lithuanian financial license no. 305790868 to expedite its global compliance operations.
Binance Invests in Aptos Labs
Reading Time: < 1 minuteThe venture capital arm of Binance has recently announced it has made a strategic investment in Aptos Labs, a startup created by former Meta employees.
Cloudflare Will Support Gateways for The Merge
Reading Time: < 1 minuteCloudflare, a Network service provider, has announced gateways support for the transition of the Ethereum network to the Proof-of-Stake (PoS) consensus algorithm.
Joseph Lubin: Ethereum’s The Merge is 3rd Major Event in Industry
Reading Time: < 1 minuteJoseph Lubin has said that the transition of the Ethereum network from PoW to the Proof-of-Stake (PoS) consensus algorithm will be “extremely efficient.”
Ankr Teams Up with ssv.network for More Secure Form of ETH Liquid Staking
Reading Time: < 1 minuteAnkr has recently joined forces with sv.network, a decentralized staking infrastructure that enables the distributed operation of an ETH validator.
Filecoin Project RRMine to Move to Singapore
Reading Time: < 1 minuteThe largest Chinese service provider on the Filecoin network is moving its business to Singapore.
Northzone Attracts €1 Billion for an Investment Fund Focused on Web3
Reading Time: < 1 minuteNorthzone, a British venture capital firm, has recently raised €1 billion for a fund focused on investments in crypto and fintech startups.
Wyre and Bolt Withdraw from $1.5B Deal
Reading Time: < 1 minuteFintech company Bolt Financial Inc. and blockchain startup Wyre Payments have recently terminated an agreement.
Huobi Receives Green Light to Operate in the Virgin Islands
Reading Time: < 1 minuteThe British Virgin Islands Financial Services Commission has granted Huobi Group a license to operate a virtual asset trading platform.
Google Launches a Countdown to The Merge Launch on ETH
Reading Time: < 1 minuteGoogle has recently launched a doodle with a countdown timer to the activation of The Merge on the Ethereum mainnet.
SEC Chairman Supports Power Transfer on Crypto to CFTC
Reading Time: < 1 minuteThe SEC Chairman Gary Gensler plans to support the US Congress granting additional powers to regulate the crypto market to the CFTC.
Blockchain Capital Participates in Fuel Labs’ $80 Million Funding Round
Reading Time: < 1 minuteFuel Labs, a startup that is focused on blockchain scalability solutions, has just raised $80 million from Blockchain Capital and Stratos Technologies.
Startup of Former Revolut Employees Raises $78M
Reading Time: < 1 minuteTesseract, a web3 startup founded by former Revolut Chief Revenue Officer Alan Chang, has raised $78 million.
1inch Network to Distribute 300,000 Optimism Tokens
Reading Time: < 1 minuteDeFi project 1inch Network plans to distribute 300,000 OP tokens among its users.
Price of Lido Finance’s Native Token Jumps 20% Ahead of The Merge
Reading Time: < 1 minuteThe price of the native token of the liquid staking platform Lido Finance (LDO) has recently increased by more than 20% in a week.
Mining Pool Poolin is Suffering Liquidity Problems
Reading Time: < 1 minuteAccording to Kevin Pan, founder and CEO of mining pool Poolin, the company is facing a liquidity shortage, but user funds are safe.
David Rubenstein Has Invested in Crypto
Reading Time: < 1 minuteCarlyle Group co-founder David Rubenstein, has said he has invested in crypto companies.
Changpeng Zhao Denies Binance is Connected with Chinese Authorities
Reading Time: < 1 minuteChangpeng Zhao, CEO of crypto exchange Binance, has revealed the details of the creation and development of the exchange.
Celsius Faces a New Class Action Lawsuit in the US
Reading Time: < 1 minuteA group of custodial account holders at Celsius Network have petitioned the Bankruptcy Court for permission to withdraw their funds from the company.
Compound Suspends cETH Operations Due to Protocol Update Error
Reading Time: < 1 minuteThe team behind the lending protocol Compound has suspended lending and collateral withdrawals for cETH tokens.
US Congressman Asks Exchanges for Anti-fraud Data
Reading Time: < 1 minuteA member of the US House of Representatives has sent multiple letters to a number of federal agencies and cryptocurrency exchanges asking for data on the fight against fraud.
Web3 Game Developer Xterio Attracts $40 Million
Reading Time: < 1 minuteThe Switzerland-based Web3 game publisher has recently raised $40 million in a funding round.
Meta Integrates NFTs on Facebook
Reading Time: < 1 minuteMeta Corporation, Fas expanded a pilot project for the integration of non-fungible tokens to the social network Facebook.
Moonbeam Integrates LayerZero
Reading Time: < 1 minuteParachain Moonbeam has recently integrated the network-to-network messaging protocol LayerZero to enhance interaction in the Web3 space.
South Korean Brokers to Launch Crypto Exchanges
Reading Time: < 1 minuteSeven of the largest South Korean brokerage companies have applied for corporate structure approval to launch crypto exchanges in the first half of 2023.

























