TL:DR Web3 gaming is a rapidly-growing industry that has attracted many investors. Jungle, a Brazil-based start-up, has raised $6 million in seed funding to develop a Web3 mobile shooter game....Read More
TL:DR Several crypto firms, including Coinbase, Celsius, and Paxos, have funds tied up with Signature Bank, which was recently shut down by New York regulators. Stablecoins such as the USDC...Read More
TL:DR Binance is converting the remainder of its $1 billion Industry Recovery Initiative funds from BUSD stablecoin to native cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) after...Read More
TL:DR Silicon Valley Bank’s collapse has caused concern among Chinese tech start-ups and VCs who relied on the bank to access US capital. The Chinese government has pledged to support...Read More
TL;DR: The crypto market has rebounded following the FDIC banking intervention in a banking crisis, with Bitcoin and Ethereum prices rising. The FDIC and US government issued a joint statement...Read More
