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Crypto Morning Briefing: Coinbase Launches Grassroots Campaign To Influence US Lawmakers and Regulators

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Elon Musk Drops BasedAI Hint; Name Of New Chatbot?

Within hours after reports suggested billionaire Elon Musk approached AI researchers about his next venture, the Tesla CEO dropped another hint in this direction. Earlier, Musk had reportedly talked to AI experts about plans of forming a new research lab to develop a ChatGPT competitor.

Former FTX Director Pleads Guilty to Fraud—SEC, CFTC File Civil Charges

Nishad Signh, former head of engineering at bankrupt crypto exchange FTX pleaded guilty to criminal charges Tuesday, the third member of founder Sam Bankman-Fried’s inner circle to admit to illicit activities in relation to FTX.

Bitcoin-Based NFTs Cross 200,000 Ordinal Inscriptions, Yuga Labs Launches Twelvefold Collection

On Monday, Feb. 27, 2023, the number of Ordinal inscriptions on the Bitcoin blockchain crossed 200,000 at 1:02 p.m. Eastern Time. In addition to the 200,000 inscriptions, Yuga Labs, creators of the Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs), revealed that the team had created a collection of 300 generative ordinal NFTs called Twelvefold.

Binance Listing Triggers Over 100% Surge in Liquity token

Liquity protocol’s native token – LQTY – shot up by 108.36% after a listing announcement by crypto giant, Binance.

Coinbase Launches Grassroots Campaign To Influence US Lawmakers and Regulators

Coinbase is taking the crypto gospel on the road with plans to make inroads all across the United States.

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $23,231.94 USD, dropped by 0.40% in the last 24 hours;

ETH’s live price is $1,624.06 USD, jumped by 0.06% in the last 24 hours;

BNB’s live price is $302.06 USD, dropped by 0.43% in the last 24 hours;

XRP's live price is $0.38 USD, dropped by 0.52% in the last 24 hours.

Fundraising News

DeFi Trading Platform Aurox Seeking Funding at $75M Valuation

Decentralized finance (DeFi) trading platform Aurox Holdings is looking to raise new capital at a $75 million valuation, according to the firm’s fundraising dashboard on tokenized securities venue tZERO. The firm confirmed the valuation.

Entertainment NFT Firm Orange Comet Raises $7M in Equity Round

Orange Comet, a Web3 startup focused on non-fungible tokens (NFTs) and metaverse experiences for the entertainment industry, has raised $7 million in an equity funding round that included a mix of existing and new investors, a spokesperson told CoinDesk. The company expects to launch a larger capital round later this year.

Crypto Wallet ZenGo Is Raising Funds at a Flat Valuation of $100 Million

Cryptocurrency wallet provider ZenGo is raising funds in a Series A extension round.

Crypto Startup FLUUS Completes $600K Pre-Seed Round To Expand Payment Solution

On February 28, the cryptocurrency payment startup FLUUS announced that it has successfully completed a pre-seed round before its beta launch.

Avalon Raises $13M To Build an Interoperable Digital Universe

Avalon Corp. has raised $13 million in funding to build a new interoperable digital universe. Or maybe you could call it a chunk of the metaverse.

Bitcoin Bitcoin $64,825.47
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