MetaFi

Twitter Co-founder Dorsey Leads $6M Investment in Azteco, Boosting Bitcoin Voucher Service

  TL:DR Jack Dorsey, Twitter co-founder and Block CEO, leads a $6 million funding round for Azteco, a provider of bitcoin vouchers, showcasing his commitment to advancing the cryptocurrency landscape....
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Blur’s Airdrop Drives Surge in NFT Trading, Impacts Market Dynamics

TL:DR New data shows that NFT activity is gradually recovering but remains below the robust levels seen in 2021 and 2022. Blur, a prominent player in the NFT ecosystem, experienced...
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Revolut Faces Banking License Setback, Crypto Offerings Unaffected

TL:DR Revolut faces a significant setback as the Bank of England is likely to reject its application for a banking license due to concerns about internal IT systems, balance sheet...
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Digital Hong Kong Dollar Trial Paves the Way for Web3 Hub Ambitions

TL:DR The Hong Kong Monetary Authority (HKMA) initiates a trial run for a digital version of the local currency, e-HKD, signaling Hong Kong’s embrace of digital transformation and aspirations to...
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MicroStrategy’s Quest for Software Innovation on Bitcoin

TL;DR: MicroStrategy’s Michael Saylor expressed interest in the Ordinals protocol for application development, acknowledging its potential for creating NFT-like assets on Bitcoin. Ordinals has sparked experimentation and the creation of...
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Voyager Clients May Have A Reason To Rejoice… A Little

TL;DR: Voyager Digital, a bankrupt crypto lending firm, has been cleared by the U.S. Bankruptcy Court to repay approximately $1.33 billion to its creditors. Customers can expect an initial payment...
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Gala Games Burns Almost $637 Million From Its Own Reserves

TL;DR: Gala Games has burned almost 21 billion GALA tokens, valued at over $637 million, from its own reserves to address concerns of a potential token selloff. The burn aims...
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Ripple’s Defense Relying On A “Fair Notice” Argument

TL;DR: Ripple’s defense strategy relies on the ‘fair notice’ argument, claiming a lack of clarity from the SEC on cryptocurrency classification. Recent court rulings have challenged Ripple’s fair notice defense,...
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A Web3 Developer Platform Has Just Raised Over $7M In Pre-Seed Funding

TL:DR Airstack, a web3 developer platform, raises over $7 million in pre-seed funding led by Superscrypt, with Polygon as a prior investor. Airstack offers developers access to cross-chain data through...
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Will Coinbase Become The Dominant Crypto Leader?

TL:DR Coinbase, the US-based crypto exchange, delivers exceptional performance in a “transformational” quarter, surprising Wall Street. Industry experts believe Coinbase is executing its growth strategy effectively, with cost-cutting measures and...
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