Foresight Ventures unveils $10m incubator for Web3 startups
Foresight Ventures, a Singapore-based crypto fund, has introduced a $10m incubator program focused on supporting Web3 startups.
Crypto infrastructure firm Nucleo secures $4m seed
Nucleo, a private, non-custodial, auditable multi-sig on Ethereum that provides the privacy infrastructure for crypto firms, has raised $4m in a seed round.
Cryptocurrency exchanges try to reaffirm faith
Cryptocurrency exchanges have been reaffirming the public of their reserves to quench customer fears, as the market reacts to FTX.
Cryptocurrency brokerage Genesis receives $140m after FTX downfall
Genesis, a cryptocurrency brokerage, is reportedly set to receive a $140m equity infusion from its parent company, Digital Currency Group, to support its balance sheet.
BIS Innovation Hub unveils new CBDC prototype
The Bank of International Settlements (BIS) Innovation Hub Swiss Centre has launched a new project as a prototype CBDC.
New York Fed, MAS link to explore wCBDCs for cross-border payments
The Federal Reserve Bank of New York and the Monetary Authority of Singapore (MAS) have linked to explore the use of wholesale CBDCs for cross-border payments.
Research paper outlines legal authority for bank use of stablecoins
The Clearing House has released a research paper that analyses the legal authority and policy considerations for banks’ engagement in stablecoin-related activities.
TRM Labs bags $70m to help stop crypto-related fraud
TRM Labs, a blockchain intelligence detecting crypto-related fraud and financial crime, has raised $70m for its Series B funding round.
Crypto to fiat app Ramp closes Series B on $70m
Ramp, which is building the payment rails to connect crypto to the global financial system, has closed its Series B funding round on $70m.
Why crypto KYC is of rising importance
As governments try to make cryptocurrencies secure and safe, there are waves of new regulations being implemented for digital assets.
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