Odsy Network completes $7.5M seed round to decentralize access control in Web3
The seed round raised the Odsy Network valuation at $250 million. The round was led by Blockchange Ventures with participation...
Research
DEA brings real-world social contributions to the P2E ecosystem
Key takeaways DEA operates majorly in Southeast Asia and has players from more than 100 players worldwide. DEA seeks to...
Coinbase is ‘not’ leaving the U.S. after all
CEO Brian Armstrong says Coinbase won’t relocate overseas. The crypto exchange is interested in investing more in the UAE. Coinbase...
US DOJ investigating Binance for potential violations of Russian sanctions
DOJ’s national security division is investigating Binance. Binance is accused of enabling Russians to circumvent US sanctions. The inquiry is...
Kenya eyes 3% tax on cryptocurrency transfers
Kenya’s Treasury Secretary outlined the tax proposals in a document sent to parliament on 4 May, 2023. The 3% crypto...
EX Ankr and Blockdaemon executives launch Liquid Staking Derivatives L1 chain
Liquid Staking Derivatives layer 1 blockchain is called Tenet. The blockchain will create a hub for Liquid Staking Derivatives (LSDs)....
iZUMi Finance closes $22M funding round for its iZiSwap Pro DEX on zkSync Era
iZUMi Finance is a one-stop Liquidity-as-a-Service (LaaS) DeFi protocol. The funds will support the early liquidity of its on-chain Order...
UK Treasury opens consultation on taxation of DeFi lending and staking
UK’s HM Treasury has outlined tax policy changes targeted at DeFi lending and staking. The proposals are part of a...
Hong Kong to release crypto framework next month- Bloomberg
Hong Kong’s new cryptocurrency licensing framework is expected in May. The Securities and Futures Commission (SFC) chief executive Julia Leung...
USDC’s struggles is due to US crackdown, says Circle’s Jeremy Allaire
Key takeaways Circle’s CEO Jeremy Allaire has blamed the banking crisis in the United States for USDC’s recent struggles. USDC...
