ALSO: Ether falls but still outperforms bitcoin for another day as investors look hopefully at the Shanghai upgrade.Source
Arbitrum Foundation pledges not to move remaining 700 million ARB tokens without DAO approval of new proposals.Source
Liquid staking tokens also rise on Wednesday. Bitcoin holds steady above $28,000.Source
Radio Caca has evolved from managing the NFT collection of Elon Musk’s mom to a Steam-like blockchain gaming ecosystem.Source
The firm introduced an upgraded credit underwriting process and appointed a new head of credit. The developments came after M11 Credit suffered $36 million of loan defaults on lending protocol Maple Finance following FTX’s November collapse.Source
PostFinance will begin offering its 2.5 million customers access to buy, store and sell Bitcoin (BTC) and Ethereum tokens (ETH), thanks to a partnership with Switzerland’s Sygnum Bank.Source
The oversubscribed funding round will be used to expand Finst’s range of products drive its international expansion plans.Source
A whitepaper for Civilization Kit, a decentralized bitcoin peer-to-peer marketplace that also allows users to build their own decentralized marketplaces, will be published in several weeks. Noones, a new “Bitcoin peer-to-peer super app for the Global South,” is already available in private beta.Source
ALSO: The head of markets for crypto research firm Delphi Digital said Binance’s loss of market share has stemmed largely from its struggles with regulators. He also called bitcoin’s current threshold at about $28K “a tough spot.”Source
In Coinbase’s case, O’Leary said, it would be “better to sit down and work it out” with regulators, and if a “U.S. regulator doesn’t want staking or lending, so be it.”Source