“Some of these projects that have been failures are actually really good,” he said. “The community, through the failure, is having to figure out how to build something from this really cool NFT and say, ‘Let’s make it work.’ Those are the NFT projects that I think have...
“We view as more of an ecosystem than an asset class,” said Larsen. “It relates to a client’s employment, their social and leisure time, the generational wealth transfer, tax planning – all areas of their finances, so it’s important that we make sure that advisors understand it....
“We are deeply focused on Web 3 right now and the impact it will have on music. It’s incredibly difficult to put value against fandom right now,” Oana Ruxandra, EVP of business development at WMG, told CoinDesk in an interview. “The music industry had big decades in the...
Matter Labs, the organization behind Ethereum layer 2 scaling protocol zkSync, has announced a $200 million decentralized autonomous organization (DAO) backed by BitDAO, a DAO-directed treasury with a balance of more than $2.6 billion.The new zkDAO will use the capital to help expand the zkSync ecosystem through public...
Apifiny Group, a digital asset trading network for institutional investors, announced plans to go public through a reverse merger with Abri SPAC I, Inc, a special purpose acquisition company. The transaction is expected to close in the third quarter, and Apifiny will then list on the Nasdaq. Team Valhalla...
Betschart also pointed out that some 95% of transactions from Swiss VASPs don’t go to another Swiss VASP, but rather to a top 20 exchange like Binance, BitMEX, Bitfinex etc, most of which have no travel rule solution in place as yet. The result is that customers of...
Crypto tax software developer CoinTracker raised $100 million from venture backers, entering growth mode just as the 2022 tax season is heating up.Now valued at $1.3 billion,  40-person CoinTracker – which last raised $1.5 million in a 2018 seed round – plans to scale its global tech support...
Wonderland’s TIME tokens fell 32% in European hours after blockchain sleuths revealed ‘Sifu,’ a core member of the founding team, was previously involved in what is alleged to have been one of the crypto industry’s biggest exit scams.Avalanche-based Wonderland has been among the most popular crypto protocols in...
“It’s pretty aggressive growth, and we have a lot of clients from very different use cases and domains, from traditional financial institutions to leading hedge funds, exchanges, neo banks, gaming companies, payment providers and so on,” Fireblocks CEO Michael Shaulov said in an interview. “So we are putting...
“There was a lot of excitement for crypto in Brazil,” Reinsberg said. “But, specifically in the Celo community, we have seen a lot of teams built on Celo, integrated with Celo, using cUSD. From the outset, Brazil was obviously one of the strongest markets in terms of adoption.” Team...