Digital Asset Platform Web3Intelligence Raises $4.5M Ahead of New Token Rollout
The private funding round included participation from DAO MAKER, Shima Capital, and Gate.io among other investors.
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FTX Sold About $1B of Grayscale’s Bitcoin ETF, Explaining Much of Outflow: Sources
BTC’s price has fallen since bitcoin ETFs were approved. In theory, now that FTX is done selling its substantial holdings, the selling pressure could ease since a bankruptcy estate liquidating holdings is a relatively unique event.
Investment Firm With $1B Assets Looks to Invest in Bitcoin Mining With Fabiano Consulting
Deus X Capital partnered with Fabiano Consulting to provide funding and strategic advice to miners.
Google Cloud Joins Flare Network as Validator, FLR Jumps 5%
Flare, which calls itself “the blockchain for data,” gives developers access to decentralized data via its Oracle system..
Do Kwon Appeals New Montenegro High Court Decision Upholding Extradition Requests, Lawyer Says
Local courts may be facing political pressure regarding Kwon’s extradition to the U.S. or South Korea, his lawyer Goran Rodic told CoinDesk.
UBS and Citi Will Let Some Customers Trade Bitcoin ETFs, Contrary to Rumors
The Zürich-based banking giant’s decision contrasts with Vanguard’s decision to bar customers from buying bitcoin ETFs.
Goldman Sachs Eyeing Bitcoin ETF Role Via BlackRock and Grayscale: Sources
Goldman Sachs is in talks to play the key role of being an “authorized participant” for BlackRock and Grayscale’s bitcoin ETFs, if the SEC approves them, according to people familiar with the situation.
India’s Local Crypto and Web3 Advocacy Body Asked for Action Against Offshore Entities: Source
The Bharat Web3 Association’s (BWA) Chairman wrote the letter to the Indian government on Dec. 16.
Prometheum Earns Final Regulatory Nod to Try Hand at Fully-Compliant Crypto
Prometheum Inc., with the latest regulatory notch on its belt, is about to finally test whether a viable crypto platform can operate entirely within U.S. Securities and Exchange Commission (SEC) regulations.
Shiba Inu Could Soon Offer SHIB Holders a ‘.shib’ Internet Domain
The team is working with Web3 domains player D3 to apply for and win the “.shib” internet domain as part of a broader push toward a decentralized identity project.