Crypto VC Firm Polychain Capital Raises $200M for Fourth Fund: Fortune
he crypto-focused firm has also cut three members of its research and development staff.Source
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Unpacking the Latest Lummis-Gillibrand Bill Draft
U.S. Senators Cynthia Lummis and Kirsten Gillibrand have developed a second draft of their comprehensive crypto regulation bill. Chances are slim that it will, as a single bill, advance to becoming a law, but it may still drive a broader conversation within Congress on what sort of provisions smaller pieces of legislation should include.Source
Deadlines for U.S. Spot Bitcoin ETF Approvals Come Into Sight
The clock for the SEC approval process of spot bitcoin exchange-traded fund (ETF) applications will begin Wednesday after all eight applicants, including BlackRock, were listed in the Federal Register.Source
Messaging Platform Telegram Has Issued $270M in Bonds to Fund Growth
“I personally bought about a quarter of the new Telegram bonds,” said Pavel Durov, the CEO of the popular but not-yet-profitable platform.Source
Ripple Court Ruling Unlikely to Impact Celsius Wind-Up, Crypto Lender’s Counsel Says
Crypto securities ruling could impact pricing of CEL token but won’t affect restructuring plans, the counsel said.Source
Tokenize Everything: Institutions Bet That Crypto’s Future Lies in the Real World
Long one of crypto’s big ideas, tokenization may finally be ready for prime-time. Wall Street is diving in, creating tokens for a range of real-world assets. One advantage: relatively little regulatory scrutiny. Jeff Wilser reports.Source
Bitcoin Remains Under Pressure Below $30K Following U.S. Retail Sales Numbers
Thursday’s rally to a new 13-month high of $31,800 has now more than been fully nullified.Source
Bitcoin Dips Below $30K to Lowest Since Late June as Altcoins Pare Gains From XRP Lawsuit
XRP, SOL and LDO lost more than 5% in the last 24 hours.Source
SEC’s Gensler ‘Disappointed’ by Part of Ripple’s XRP Judgement, Still Assessing Opinion
U.S. Securities and Exchange Commissioner (SEC) Chair Gary Gensler said Monday he was disappointed with the court’s decision in a part of the Ripple case.Source