Metaplanet Teams Up With SBI VC Trade for Bitcoin Custody
Metaplanet said it was adopting bitcoin as a reserve asset to hedge against the volatility of the yen in May and had accumulated a total of 360 BTC by mid-August.
Finance
Brevan Howard-Backed Tokenization Firm Libre Arrives on NEAR Blockchain
NEAR Protocol’s cross-chain signing feature will allow users on multiple blockchains to transact with Libre’s selection of tokenized credit and hedge funds.
Extremely Unlikely WazirX Customers Will Be Made Whole in Crypto Terms: Legal Advisers
It is extremely unlikely that WazirX customers will be made whole in crypto terms through the restructuring, legal advisers of the Indian cryptocurrency exchange said.
Elon Musk’s X Is Reportedly Now Banned in Brazil Following Judge’s Ruling
Elon Musk (Richard Bord/WireImage)
Bridge Fundraising for Stablecoin-Based Payments Network Totals $58M: Report
Bridge, founded by Square and Coinbase alumni, recently raised $40 million in a round led by Sequoia and Ribbit.
Trump’s New Crypto Business to Offer Access to ‘High-Yield’ Investments, Website Says
World Liberty Financial is “the only crypto DeFi platform supported by Donald J. Trump,” according to homepage metadata.
Can Prediction Market Boom Continue After Election? This Crypto Team Has a Plan
Hedgehog Markets CEO Kyle DiPeppe (Danny Nelson/CoinDesk)
Binance CEO Teng Rejects Allegations the Exchange Froze All Palestinians’ Funds
The crypto exchange complies with anti-money laundering legislation, he said.
Investment Firm Lemniscap Raises $70M Fund Targeting Early Stage Web3 Projects
Lemniscap is targeting zero-knowledge infrastructure, consumer applications and decentralized physical infrastructure (DePIN).
WazirX Asks Singapore Court for 6 Months to Restructure Liabilities as CoinSwitch Weighs Legal Action
Indian rival CoinSwitch said it is likely to sue the hacked crypto exchange, where $9.6 million worth of deposits were held.