Crypto VC C1 With Coinbase Lineage Eyes Acquisition in Australia: Report

Crypto venture capital firm C1, which is led by former Coinbase executives, has met with several cryptocurrency groups and Australian venture firms offering to buy private holdings from investors using its $500 million ($AUD 760 million) fund, according to the Australian Financial Review.Source

Bitcoin’s 4% Drop Cools Overheated Funding Rates, Data Show

Funding rates for major tokens, including BTC, have normalized to below 0.1%, indicating an exit of over leveraged bulls.Source

Bitcoin, Ether, and Major Altcoins in Deep Red

Bitcoin and Ether lead in liquidation heatmap with over $335 million in rekt positions in the last 12 hours.Source

Pudgy Penguins to Launch Webkinz-like Virtual World in 2024

Pudgy World, an interactive digital world available to Pudgy Penguin NFT holders, will become available in alpha mode sometime next year, according to the company’s CEO.Source

Tether Freezes 41 Crypto Wallets Tied to Sanctions

Stabelcoin issuer Tether blacklisted 41 wallets controlled by people on the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List on Saturday.Source

U.S., South Korea, Japan Discuss North Korean Crypto Thefts in Trilateral Meeting

National security officials with the U.S., South Korean and Japanese governments discussed North Korea’s crypto thefts and other efforts to work on its nuclear and ballistic missile programs, the White House announced Friday night.Source

Crypto Provisions Dropped From 2023 U.S. Defense Bill

The military-linked bill is viewed as must-pass legislation, so lawmakers sometimes try to tack on other things to get them passed, too.Source

Jito’s Token Launch Pushed Competitor Marinade’s MNDE to All-Time Highs

Marinade’s market cap is dwarfed by Jito, though, despite being a bigger crypto ecosystem.Source

Cardano Jumps 20% as Analyst Eyes Bitcoin Pullback to $40K to ‘Fill CME Gap’

Market observers “underappreciate” future inflows from institutional investors to bitcoin, asset 21.co CEO said in a CoinDesk TV interview.Source

Digital Asset Brokerage Firm Nonco Raises $10M Seed Funding Led by Valor Capital, Hack VC

The firm says it has already seen $6 billion in volume in the Latin American region since its debut in April.Source