Top Stories
Voyager-Binance.US Legal Fight Must Be Resolved by April 13, Court Documents Say
Voyager, a bankrupt crypto lender, and its creditors could lose $100 million if legal objections by the US government are not resolved by April 13, according to legal documents filed on Monday.
Ethereum Locked-in Beacon Contract Surpasses 18 Million
The number of ETH locked in the Beacon contract is over 18 million, representing 15% of the total supply, and the ETH price has risen 50% since the beginning of the year. The Shanghai upgrade will allow ETH stakers on the ETH 2.0 contract to withdraw their funds if they wish, leading to an expected decrease in the number of validators followed by an increase again.
Switzerland Planning Stablecoin and Live Wholesale CBDC Pilots
The Swiss National Bank (SNB) has revealed its Swiss payments vision, which includes exploring a private token backed by central bank reserves and a wholesale central bank digital currency (CBDC) on the SIX Digital Exchange (SDX) for a limited time.
European Banks Launch ‘Sustainable’ Blockchain Platform for Digital Bonds
Skandinaviska Enskilda Banken (SEB) and Credit Agricole Bank have launched a new digital bond platform called so|bond, built on blockchain technology. The platform will allow institutional clients to issue, trade, and settle bonds digitally, providing a more efficient and secure process compared to traditional methods.
UAE Central Bank Selects Technology and Legal Partners for CBDC Project
The Central Bank of the UAE (CBUAE) has announced that it has selected Clifford Chance, R3, and G42 Cloud to assist in implementing its CBDC Strategy.
Market Watch
As of press time, according to Cointime data:
BTC 's live price is $28,197.07 USD, dropped by 0.15% in the last 24 hours;
ETH’s live price is $1,869.76 USD, jumped by 3.34% in the last 24 hours;
BNB’s live price is $311.23 USD, dropped by 0.43% in the last 24 hours;
XRP's live price is $0.5017 USD, dropped by 2.25% in the last 24 hours.
Fundraising News
NFT Platform OneOf Acquires Blockchain Rewards Company Tap Network
NFT platform OneOf has acquired blockchain rewards tool Tap Network to help large companies connect with their consumers in Web3. This acquisition will help OneOf onboard more companies and customers into Web3 via e-commerce.
Tokyo Stock Exchange Operator JPX Acquires 5% Stake in Nomura’s BOOSTRY Blockchain Venture
JPX, the operator of the Tokyo Stock Exchange, has acquired a 5% stake in BOOSTRY, a blockchain infrastructure company founded by Nomura and Nomura Research Institute (NRI), in which SBI has a minority interest.
Crypto payroll company Franklin, developed internally at Web3 marketing firm Serotonin, has raised $2.9 million in a seed round co-led by Gumi Cryptos Capital and CMT Digital, with backing from crypto notable Arca.
Dragonfly Capital Invests $10 Million in Crypto Derivatives Exchange Bitget
Dragonfly Capital has invested $10 million in Bitget, a fast-growing crypto derivatives exchange. Bitget recently acquired crypto wallet BitKeep and had eight million users prior to the deal.
Terra Classic Could Recieve $5M in Funding From Binance
Binance is considering the Terra Grants Foundation's application for $5m in funding to support projects on the Terra Classic chain.
Crypto Startup Li.Fi Raises $17.5M in Funding Round
Multichain liquidity and data gateway provider Li.Fi has raised $17.5 million in a Series A fundraise co-led by crypto-native investment firms CoinFund and Superscrypt.
LayerZero Labs Raises $120 Million for Data Interoperability Protocol Expansion
Interoperability protocol LayerZero Labs has raised $120m in a series B funding round featuring 33 investors including Christie’s auction house, NFT platform OpenSea and Samsung’s next-gen investment unit.
Polychain Leads $15M Funding Round for Crypto Startup Polyhedra Network
Polyhedra Network, a startup that provides Web3 infrastructure backed by zero-knowledge (ZK) proofs, has raised $15m in a pre-Series A funding round led by Polychain Capital.
Saudi Arabia’s $620B Wealth Fund Has Backed Crypto-Friendly VCs
Saudi Arabia's sovereign wealth fund, Public Investment Fund's venture arm, Sanabil, has disclosed investments in nearly 40 US venture capital firms, including some with deep involvement in crypto, blockchain, and Web3-related investments.
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