Top Stories
Voyager's Reward Program Lost $58M in 2022: Court Filing
Voyager’s rewards program, a part of which was once the target of a state regulator investigation, was run at a loss to the company almost every month since its inception. The rewards program lost over $13 million during the first three months of 2022 and in total lost $58 million in the year, according to the filings.
Market Cap of AI Cryptocurrencies Hits $4 Billion Following $1.6 Billion of Inflows in a Month
In particular, as of March 1, the market cap for AI-centered digital assets had surpassed $4 billion to stand at $4.18 billion, according to data by Crypto Slate.
Platypus Finance Creates Compensation Portal for Users Following $9.1M Exploit
Decentralized finance (DeFi) protocol Platypus Finance has created a portal that enables users to view how much the platform owes them following the recent $9.1 million exploit that the platform suffered.
US Lagging on CBDCs Could Spell ‘Trouble’ — Crypto Council Policy Head
A cryptocurrency researcher and former CIA analyst believes the United States government’s relatively slow start on Central Bank Digital Currency (CBDC) development may result in it losing grip on controlling the global financial system.
Justin Sun 100% Confident Huobi Will Obtain Hong Kong VASP License
Justin Sun says he is “100% confident” that Hong Kong’s Securities and Futures Commission (SFC) will grant Huobi a Virtual Asset Service Provider (VASP) license.
Market Watch
As of press time, according to Cointime data:
BTC 's live price is $23,710.47 USD, jumped by 1.10% in the last 24 hours;
ETH’s live price is $1,651.55 USD, jumped by 0.93% in the last 24 hours;
BNB’s live price is $302.80 USD, dropped by 0.25% in the last 24 hours;
XRP's live price is $0.3796 USD, jumped by 0.46% in the last 24 hours.
Fundraising News
U.S. Bancorp Invests in Digital Assets Fintech, Ownera
Ownera, the company delivering an extensive interoperability network for tokenized assets, announced today that U.S. Bancorp has joined Ownera’s Series A investment round.
Provenance Blockchain Foundation Announces $50 Million Hash Grants Program for Blockchain Developers
Provenance Blockchain Foundation, which catalyzes the adoption and development of the public and open-source Provenance Blockchain, today announced the launch of a $50 million grant program for blockchain developers (the "Provenance Blockchain Grant Program"). Provenance Blockchain Foundation believes that this is the largest blockchain development grant pool offered specifically for the regulated financial services sector.
The Sandbox Acquires Germany’s Sviper To Add Metaverse Gaming Talent
The Sandbox has expanded to Germany with the acquisition of game development studio Sviper. Sviper will add senior-level development, engineering and creative talent based in Hamburg, Germany, to The Sandbox, a blockchain gaming company which is owned by Animoca Brands.
Conflux Raises $10 Million From DWF Labs in Token Round
Conflux, a Layer 1 blockchain developer, raised $10 million from DWF Labs. The investment will help Conflux expand its technology and grow its user base, DWF Labs said Wednesday. Conflux co-founder Fan Long confirmed the investment, saying it was settled "a few days ago."
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