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Crypto Morning Briefing: Mastercard To Allow Crypto Payments in Web3 via USDC Settlements, FTX Japan Re-Open Withdrawals After November Shut Down

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Mastercard To Allow Crypto Payments in Web3 via USDC Settlements

A partnership between Web3 payment protocol Immersve and payments giant Mastercard will allow users to make crypto payments on digital, physical and the Metaverse worlds. USD Coin (USDC) tokens — a US dollar-backed stablecoin issued by Circle — will be used to settle transactions on Mastercard’s network.

UK's FCA Cracks Down on Unregulated Crypto ATM Operators

UK’s financial regulator, the Financial Conduct Authority (FCA), has cracked down on suspects whom it alleges were operating illegal crypto ATMs around Leeds, a city in the northern English county of Yorkshire.

FTX Japan Re-Open Withdrawals After November Shut Down

The Japanese subsidiary of the embattled exchange, FTX, has finally lifted restrictions on customer withdrawals three months after it was asked by the Japanese authorities to stop.

Former Binance Executive Aims To Raise $100M To Start Crypto Adoption Focused VC

Bill Qian, the former head of venture capital investments and acquisitions at Binance Holdings Ltd., says he aims to raise over $100 million through a new crypto venture capital fund.

NFT Aggregator Blur Eyes 30% Price Pump by March Amid Airdrop Euphoria

Blur (BLUR) could rise by up to 30% by March 2023 owing to a mix of technical and fundamental factors.

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $24,499.76 USD, dropped by 1.28% in the last 24 hours;

ETH’s live price is $1,670.09 USD, dropped by 2.048% in the last 24 hours;

BNB’s live price is $313.43 USD, dropped by 0.37% in the last 24 hours;

XRP's live price is $0.39 USD, dropped by 1.58%in the last 24 hours.

Fundraising News

Blockchain Capital Back Indexer Superchain’s $4 Million Raise

Blockchain indexing startup Superchain has closed a $4 million seed round to build the Open Index protocol, which quickly collects and customizes blockchain data for use by developers.

Original Bitcoin Wizard Artist Raises Nearly $150,000 in BTC via Lightning, Despite Criticism From Bitcoin Maximalists

On Monday, crypto proponent Udi Wertheimer shared a story on Twitter explaining how he and the Taproot Wizards helped an artist who created the original 2013 bitcoin wizard meme raise nearly $150,000 in bitcoin. While the minting and sale were successful, Wertheimer explained that bitcoin maximalists and the r/bitcoin moderator Bashco disliked it.

Kaito AI Raises $5.3 Million To Build ChatGPT-Powered Search Engine for Crypto

As investors flock away from crypto and into AI, one investment firm is taking a different approach.

Multicoin, Sequoia Lead $6M Round in Solana-based Crypto Wallet TipLink

The company just closed a $6 million seed round, co-led by Multicoin Capital and Sequoia Capital. Circle Ventures, Solana Ventures, and Paxos also participated in the round. Along with the recently raised funds, TipLink is also releasing its API, which developers can use to programmatically generate TipLinks.

Chaos Labs Gets $20M in Seed Round, Led by PayPal Ventures and Galaxy Digital

Chaos Labs, a blockchain risk analytics firm whose team includes former members of the Israeli special forces, announced on Tuesday that it’s received $20 million in seed funding in a round led by PayPal Ventures and Galaxy Digital.

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