Crypto Firm Flashbots Raises $60M in Paradigm-Led Round
The new capital will help develop the SUAVE decentralized platform for maximal extractable value (MEV).
Finance
Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally
“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”
Crypto Exchange KuCoin to ‘Adjust Some Personnel as Needed’, but Denies Report of Major Layoffs
A report circulated on Twitter on Tuesday that the exchange plans to eliminate 30% of its workforce amid declining profit.
I Had My Iris Scanned by the Worldcoin Orb, and It Wasn’t as Scary as I Expected
Sam Altman’s identity-verifying Worldcoin Orb is available worldwide as the network launched on Monday.
Federal Reserve’s ‘FedNow’ Launch Triggers Fresh Speculation Over Digital Dollar
The U.S. Federal Reserve denies that its new instant payments service, FedNow, is in any way tied to the digital asset space. But experts say the new system could lay the groundwork for the infrastructure needed for a potential central bank digital currency (CBDC) in the U.S. And so this week’s announcement has led to a fresh airing of warnings about potential privacy and control risks around a digital dollar.
Crypto Liquidity Network Paradigm Leans Into DeFi With StarkWare
The new Paradex decentralized perpetuals platform is backed by the recent appchain technology from StarkWare.
FTX Users Potentially Targeted in Possible Phishing Attack as Bankruptcy Claims Deadline Nears
Multiple FTX users have received a “reset password” request from the defunct exchange’s official email address as it appears a hacker is attempting to secure control of user’s bankruptcy claims.
Binance Labs Invests $10M in DeFi Lender Radiant, RDNT Jumps 10%
The protocol was built on the architecture of LayerZero, which raised $120 million at a $3 billion valuation earlier this year.
Macro State of Crypto – Where It Has Been and What’s Next
Analytics can offer insight into how recent and past crypto and regulatory events have affected prices and movement. Plus: A quick Q&A on retirement funds.
Solana Foundation, Polygon Lead $30M Fundraise for Web3 Firm Cosmic Wire
The startup offers metaverse-creation tools and a list of general blockchain infrastructure solutions.