Blockchain Founders Fund raises $75M to encourage Web3 mass adoption
The fundraising round included Polygon, Ripple, Octava, NEO Global Capital, Appworks, Sebastien Borget of The Sandbox, GSR, LD Capital, Metavest Capital and others.
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Trezor to produce chips for hardware wallets to shorten supply cycle
Trezor wants to respond quickly to demand-triggering events like the FTX collapse by taking control of wallet chip production.
Crypto gateway Alchemy Pay scores license in Indonesia
Alchemy Pay has partnered with a local fintech in Indonesia to offer low-cost remittances for crypto users.
FSB, IMF and BIS papers to set global crypto framework, says G20
A series of recommendations and papers setting standards for a global crypto regulatory framework will be released by the institutions in July and September.
Crypto Exchanges Allow Russians to Circumvent Sanctions, Report Alleges
Major crypto exchanges have failed to prevent sanctioned Russian banks and traders from transacting, according to a blockchain forensics report. At least two established coin trading platforms continue to allow…
Coordinated global crypto policies: G20 key financial stability priority
India's finance minister called for a coordinated effort “for building and understanding of the macro-financial implications,” which could be used to build global crypto reforms.
Yield platform Stablegains sued for promoting UST: Finance Redefined
DeFi market saw another exploit this past week on the Platypus protocol, resulting in a loss of over $8 million.
FATF agrees on roadmap for implementation of crypto standards
Part of the FATF's ‘Travel Rule’ includes recommendations that financial institutions obtain information on the originators and beneficiaries of certain crypto transactions.
Ukraine-based blockchain firm reports company ‘stronger’ one year into war
Russian military forces invaded areas of Ukraine in February 2022, and workers at businesses including Everstake have faced life in shelters and the constant threat of shelling.
Crypto and blockchain education becomes priority at top universities
As crypto adoption rises, more universities are offering crypto courses.
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