Do Kwon arrested in Montenegro, Binance CEO sued by CFTC over ‘Willful Evasion’ of U.S. laws, and yet within the madness, firms are still raising $ and building the future tech stack of global finance
BTC up big as a hedge to banking sector challenges. The Ripple vs. SEC verdict is almost in. Plus, we cover new raises from CCP Games ($40M), Bitkeep ($30M), and Op3N ($28M)
The Top 300 Global Crypto VC firms by fund size and investment activity
After losing its peg over a tumultuous weekend where SVB and Signature were taken over, Circle says USDC reserves are safe. Plus stories about Tether, Meta, Coinbase, Do Kwon, and recent VC raises.
Bankruptcy judge in the Voyager Digital case allows deal with Binance.us over SEC objections, issues at Silvergate Bank, and large new venture rounds for Believer, Kresus, and Toku
Next Thu Mar 9 at 3pm ET we're hosting a webinar about Pure Sky - the world's first open carbon credit registry
Coinbase building own Ethereum layer-2 network powered by Optimism called Base, Towns raises $25M to build decentralized messaging, and Kratos raises $20M for web3 gaming. PureSky webinar.
SEC charges Terra + Do Kwon with Securities Fraud, saying UST and LUNA are securities; plus 8-figure venture rounds for ChaosLabs ($20M), YGG ($13.8M), SendingLabs ($12.5M)
Paxos has stopped minting BUSD after a request from the SEC, Kraken settles for $30M fine for staking product, plus Big Venture Rounds for Taurus ($65M), Coincover ($30M), and Superplastic ($20M)
Gemini & Genesis make nice, Creditor Committee established in Genesis bankruptcy, Binance suspends USD transfers, and big rounds from SALT ($64M), SpaceID ($10M), & Elementus ($10M)
The battle between bankrupt firms Alameda and Voyager for $445M, BlockFi approved to sell its mining assets, Ripple expands money transfer product, and the top crypto news, deals, and reports
Genesis Files for Bankruptcy, Gemini Threatens Lawsuit Against DCG, Nexo Settles With SEC for $45M, Major Rounds Return for Blockstream ($125M) and QuickNode ($60M), Pantera Launches 2023 Report