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Infrastructure projects again dominated the week with six projects, while Web3 was the only other category represented. The week was also dominated by early-stage deals in the seed or pre-Series A stages, a common theme during the extended crypto winter. Later stage rounds involve more risk and due diligence, and
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TD Cowen analyst Lance Vitanza, who initiated coverage on the Michael Saylor-led firm last Wednesday with an outperform rating, praised the company for its “hybrid corporate strategy.” MicroStrategy is known for converting all of its earnings from its core software intelligence business into bitcoin. This approach represents a “paradigm shift,”
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While Sorare has over 4 million registered managers, it may now see the association with crypto as a hindrance to further growth and has introduced support for the U.S. dollar, the euro and the British pound. The move follows that of fellow NFT-related sports game NBA Top Shot, which accepts
Read MoreAn ICO spokesperson said: “Organisations must conduct a Data Protection Impact Assessment (DPIA) before starting any processing that is likely to result in high risk, such as processing special category biometric data. Where they identify high risks that they
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"The progression from the Provisional License, granted in 2022, to an Operational MVP License, means eligible users in Dubai will now be able to access authorized services, including the ability to safely convert virtual assets to fiat under VARA-designated standards compliant with the intergovernmental Financial Action Task Force," a Binance
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Reddit launched Gen 4 of its NFT Collectible Avatars while Amazon expanded its blockchain tools. Also, crypto influencers shared thoughts on Threads and indicated that they aren’t ready to leave Twitter just yet. Original Source
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Two governance proposals are collectively requesting nearly $5 million worth of ARB tokens to launch grants programs. Original Source
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Bankman-Fried is currently set to go on trial on Oct. 2 on seven different charges, including conspiracy to commit wire fraud and wire fraud, conspiracy to commit securities fraud and conspiracy to commit money laundering. He is then set to go on trial again in March of next year on
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James Wallis said the decision that Ripple's sale of XRP did not constitute investment contracts was a major victory, not just for Ripple but also for the industry. Original Source
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None of the “sanctions targeting Russia completely prohibit involvement in the mining sector,” said David Carlisle, vice president of policy and regulation at Elliptic, a blockchain analytics firm. Still, there are “significant risks” for firms operating in Russia’s mining sector: they can’t do business with sanctioned entities including mining hosting
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