Foresight Ventures, a Singapore-based crypto fund, has introduced a $10m incubator program focused on supporting Web3 startups.
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.
Vezgo, company on a mission to help Web 2 FinTechs bridge the gap into Web3, has raised $750,000 in an oversubscribed pre-seed funding round.
Rekt Studios, a Dubai-based startup specialised in leveraging blockchain and emerging technologieshas raised $1.5m in funding to bolster the development of the ‘Unseen’ ecosystem.
Virtualness, a US-based provider of a mobile-first platform to help navigate the Web3 space, has scored $8m in seed funding.
Cryptocurrency exchanges have been reaffirming the public of their reserves to quench customer fears, as the market reacts to FTX.
The Bank of International Settlements (BIS) Innovation Hub’s Swiss Centre has launched a new project as a prototype CBDC.
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.
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, a blockchain intelligence detecting crypto-related fraud and financial crime, has raised $70m for its Series B funding round.