Zipmex Acquisition Stumbles as Buyer Misses Payment: Bloomberg
The payment was due on March 23 and was required to fund working capital.
Finance
U.S. Banking Crisis Could Present an Opportunity for Some Crypto Exchanges: JPMorgan
Stablecoin trading volumes have increased following the run of bank collapses in the U.S., the report said.
FTX Bankruptcy Estate to Claw Back $460M From Modulo Capital
Alameda Research seeded little-known Bahamas-based hedge fund Modulo Capital with $475m in 2022. The recovery includes $404m of cash.
Copper to Make Up to 15% of Staff Redundant, Focus on Custody, Settlement
The process is just getting under way and the company, which employs just over 300 staff, said it cannot put an exact number on job losses.
Crypto Exchange Luno Rejigs Leadership Roles as It Seeks to Boost Investor Base, Eyes Public Listing
CEO Marcus Swanepoel is moving into a new role as executive chairman, and COO James Lanigan has been promoted to CEO.
Binance Launchpad for Space ID Tokens Receives Over $2.8B in BNB Commitments
Over 8.4 million bnb tokens have been committed to the Space ID token sale, which was raising $2.5 million from exchange users.
Trading Platform Talos Adds Crypto Market Liquidity in Tie Up With Keyrock
The agreement with the Belgian market maker is part of Talos’ ongoing expansion into Europe.
Ethereum-Based Carbon Tracker Carbonable Raises $1.2M to Tackle Greenwashing
Carbonable was launched on Ethereum layer 2 scaling system StarkNet, whose parent company Starkware is also an investor.
Bitcoin and Stablecoins Will Bring Crypto Mass Adoption to Africa, Experts Say
The sentiment permeated talks and fireside chats at the 2023 Blockchain Africa Conference in Johannesburg, South Africa.
Polygon Partners With Salesforce for NFT-Based Loyalty Program
Salesforce partnership with the blockchain platform marks another major company’s investment into customer engagement initiatives using Web3 technologies.