Cronos Labs to accept second cohort for $100M-backed Web3 accelerator program
The program aims to provide selected projects with upfront seed funding of $30,000 in addition to mentoring, masterclasses and support from industry experts.
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Tesla records $140M Bitcoin net loss in 2022
The electric vehicle maker earned $64 million in profits from Bitcoin trading, which was offset by a $204 million impairment.
ADA-backed algorithmic stablecoin Djed launched on Cardano
The algo-stablecoin Djed from DeFi service provider COTI deployed on the Cardano mainnet after its successful security audit.
Russians Offered Ready-made Crypto Exchange Accounts Amid Restrictions
Russian crypto traders have been looking to obtain unrestricted accounts for global exchanges as their access to such platforms is limited. Over the past year, the offering of such accounts…
Digital asset investment products see highest inflows since July 2022: Report
According to CoinShares, digital asset investment products saw $117 million in inflows last week.
Kazakhstan Parliament Adopts Law Regulating Crypto Mining and Exchange
Lawmakers in Nur-Sultan have approved the final version of the law “On Digital Assets in the Republic of Kazakhstan.” The new legislation, including several other bills, regulates the circulation of…
Crypto Bank Custodia Denied Membership in US Federal Reserve System
The U.S. Federal Reserve Board has rejected the attempt of Custodia Bank to become member of the Federal Reserve System. According to the decision announced Friday, the application submitted by…
Crypto Association in Turkey Vows to Block Exchanges That ‘Victimize Traders’
A new organization has been established in Turkey with the aim to monitor and help develop the country’s crypto sector, local media reported. Its first task will be to address…
White House cryptocurrency ‘roadmap’ recommends against pension funds
The Biden administration touted its comprehensive framework and encouraged regulators and Congress to tighten the screws on crypto in a new statement.
Fed policy to align bank oversight could limit crypto activities by state banks
The new policy would align the allowable activities for insured and uninsured state banks and OCC-supervised national banks by making rules for state banks more restrictive.
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