First Mover Asia: Crypto VC Funding Was Resilient in the Bear Market. It’s Now Powering Through This Mini-Bull Cycle

A Crypto Rank team of analysts wrote that “despite the inherent volatility of the cryptocurrency market, venture capitalists…continue to pour significant investments into the industry.”Source

Crypto Trading Firm Auros Secures $17M Investment as It Recovers From FTX Woes

Auros Global, the trading firm that reportedly lost $20 million on FTX’s implosion, was released from provisional liquidation of British Virgin Island court after major debt restructuring and a fresh $17 million investment led by TradFi trading firm Vivienne Court and bitcoin miner Bit Digital.Source

Bitcoin Seesaws Below $28K as Investors Eye Fed Interest Rate Decision

The U.S. central bank is widely expected to boost the interest rate 25 basis points.Source

Render Network Eyes Solana Migration Ahead of Network Changes

A community review will decide if the network will build its new burn-and-mint equilibrium model on the Solana blockchain.Source

Decentralized Exchange Camelot Crosses $100M in TVL Ahead of Arbitrum Airdrop

Several on-chain metrics highlight Camelot’s growth ahead of Arbitrum’s ARB airdrop Thursday.Source

Creators Behind Web3 Game Aavegotchi Raise $30M in Multiyear Token Sale

The sale, which began September 2020, ended Monday over concerns of the stability of the DAI stablecoin.Source

Core Scientific Bankruptcy Judge Approves Transfer of Over $20M of Equipment to Its Exclusive Energy Negotiator

Core Scientific had stopped paying Priority Power Management in May 2022.Source

U.S. Supreme Court to Hear First Crypto Case Tuesday

The U.S. Supreme Court will hear arguments in its first ever crypto-related case on Tuesday, when lawyers for San Francisco-based crypto exchange Coinbase will attempt to convince the nine Justices to pause a pair of class action lawsuits against the exchange.Source

Coinbase No Longer Supporting Signature Bank’s Signet Network: WSJ

The fate of Signet has been unclear since Signature Bank was shut down by New York State regulators last weekend.Source