A version of this article appeared in our Roundup newsletter on September 6. Sign up Here. GM Liam here. Gavin Wood, co-founder of Ethereum and founder of Polkadot, has a new venture up his sleeve. In a rare interview, the Lancaster, England native explained how he tackled digital identities with a project called “Proof-of-Ink.” In … Read more
PitchBook reports that VC fundraising could peak in 2023. Tighter regulator scrutiny, scandals and financial uncertainty have deterred investors. However, PitchBook says VCs will break their funding record in 2026 for a reason. Venture capitalists are feeling better about crypto again. According to a report from PitchBook, VC funding is on course this year to … Read more
Client demand is pushing more banks toward tokenization, with some spending tens of millions of dollars to build the necessary infrastructure. Tokenization offers two advantages: speed and capital efficiency. Demand is heating up for tokenization, the process of converting traditional assets into digital tokens that can be traded on blockchains. State Street, a bank with … Read more
Trump’s World Liberty Could Raise $540 Million for Financial Insiders Code tests show plans for a token sale with a project value of $1.8 billion. It is not clear whether the token sale will attract the attention of regulators. World Liberty Financial, an upcoming DeFi app linked to members of the Trump family, could provide … Read more
Telegram’s CEO vowed to improve the app after being arrested in France in August.Cryptocurrency TON has bounced back from rejections after the app chief’s statement. Pavel Durov aims to “significantly improve” the app, as officials say he hasn’t done enough to curb illegal activity. Toncoin, a cryptocurrency closely associated with messaging app Telegram, rallied after … Read more
The financial markets watchdog rejected 87% of crypto applications due to money laundering concerns. The FCA has faced criticism for its slow approval rate. The Financial Conduct Authority said the number of applications for crypto firms scrapped due to money laundering concerns has increased by 87% compared to last year. Report Released on Thursday. is … Read more