Top Stories
Ethereum’s Shanghai Upgrade Will Permanently Alter ETH Economics
An Ethereum transformation is on the horizon, and no one is sure how the market will respond. In time the “Shanghai” upgrade may be remembered as a uniquely bullish event for ether (ETH), the world’s second-largest cryptocurrency by market value.
Breaking: Bitfinex Becomes First To Get Crypto License Officially In El Salvador
The Bitfinex team announced on Tuesday that its crypto exchange unit became the world’s first international digital asset platform to receive approval to be licenced as a Digital Asset Service Provider under El Salvador’s ground-breaking new Digital Assets Issuance Law. The license will enable the issuance and trading of innovative real-world tokenized assets such as equities and bonds. The license had been obtained officially for the entity “Bitfinex Securities”, which is a fully-regulated digital asset exchange.
Riot Platforms and Marathon Digital Lead Crypto Stock Gains as Bitcoin Settles in Above $30K
Crypto-related stocks are seeing a second day of big gains after bitcoin on Monday evening pushed through $30,000 for the first time since June 2022. At press time, it's managed to hold that advance, trading at $30,100.
Former Deutsche Bank Investment Banker Indicted for Cryptocurrency Fraud
Former Deutsche Bank investment banker Rashawn Russell has been indicted on charges of cryptocurrency fraud and faces up to 20 years in prison if convicted.
French Central Bank Looks at Certification, Incorporation as Part of DeFi Regulation
The Banque de France has contributed to the discussion of European crypto asset regulation with a close examination of decentralized finance (DeFi) and potential approaches to its regulation. This discussion is timely because of the growing use of tokenization in finance and the introduction of blockchain technology in many economic sectors, the authors said.
Market Watch
As of press time, according to Cointime data:
BTC 's live price is $30,074.47 USD, jumped by 3.13% in the last 24 hours;
ETH’s live price is $1,889.97 USD, jumped by 0.17% in the last 24 hours;
BNB’s live price is $324.96 USD, jumped by 3.53% in the last 24 hours;
XRP's live price is $0.51 USD, jumped by 0.83% in the last 24 hours.
Fundraising News
RenQ Finance (RENQ) Flies Through Its Presale Stage 4, Raises $7 Million Like A Breeze
RenQ Finance (RENQ) has taken the crypto world by storm, raising $7 million with ease in its presale stage 4. This impressive feat demonstrates the immense interest and demand for the RenQ platform, which has been designed to offer users a range of DeFi solutions, including yield optimization, liquidity provision, and lending.
Gaming Hardware Giant Razer Launches Web3 Incubator
Video game hardware and peripherals company Razer has launched the zVentures Web3 Incubator (ZW3I) to fund Web3 gaming projects. The incubator aims to select developers with a strong track record in creating successful games and will provide marketing support, incubating up to 36 projects.
Information Protocol RSS3 Raises $10M via Token Sale to DWF Labs
Information protocol RSS3 has raised $10M via a token sale to DWF Labs, a prolific investor in Web3. RSS3 aims to bridge blockchain technology and AI, search engines, and social media. The protocol has previously received investment from Coinbase, Dragonfly, and Balaji Srinivasan.
Germany-based Blockchain Founders Capital has announced the first closing of its €15M micro venture capital fund, focusing on early-stage investments in the Web3 space. Investment came from private investors, including successful founders and experienced venture capital investors.
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