Dutch prosecutors now have access to Alexey Pertsev’s computer, and are using it to probe key details, like governance and profit-making at the privacy service. Source
Tornado Cash Dev’s Criminal Case in Europe May Hinge on Laptop Access
Day: February 16, 2023
Web3 Communication Stack Sending Labs Raises $12.5M
The startup creates technology to make decentralized communication easier for developers and users. Source
Startup Sustainable Bitcoin Protocol Completes First Transaction of Clean Mining Tokens
The SBC was sold “with a discount to the market price because this was the first transaction of its kind. Based on today’s bitcoin energy consumption levels, we estimate that SBC would sell now for approximately $1,150, which is roughly a 5% revenue add to a miner’s bottom line,” if they’re using 100% clean energy, David said. Original
Oman Capital Markets Regulator Plans to Establish a Virtual Assets Regulatory Framework – Regulation Bitcoin News
The Oman Capital Market Authority (CMA) has said it plans to establish a regulatory regime to govern as well as develop the country’s virtual assets market. The regulator said the envisaged regulatory regime enables it to avail an “alternative financing and investment platform for issuers and investors while mitigating the risks associated with this asset class.” ‘An Alternative Financing and Investment Platform’ The Oman financial markets regulator, the Oman Capital Market Authority, has said it plans to establish a virtual assets framework to “regulate and develop the market in the…
Signature Bank CEO Joe DePaolo Plans to Step Down Following Transition Period
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Market Demand Pushes Trading Volumes on BNB Chain-based Level Finance to Over $1B
Lvl is earned via participation on the platform or earned by supplying liquidity. On the other hand, lgo holders can vote on major decisions relating to the platform including fees, product offerings, engineering, and treasury are decided by the community via voting on the Level DAO. Source
Bitget Announced Panda Farm (BBO) Token Sale on Its Re-launched Launchpad Platform – Press release Bitcoin News
press release PRESS RELEASE. Victoria, Seychelles, February 16, 2023 – Bitget, the world’s largest crypto copy trading exchange, announced the relaunch of its Launchpad platform, which provides exclusive access to promising blockchain projects at an early stage. Panda Farm (BBO), the first completely decentralized GameFi project running on Arbitrum, will be launched on Bitget Launchpad on February 16. A total of 1,000,000 BBO utility tokens will be offered for purchase. Bitget’s Launchpad was initially introduced in February 2022, and as of now, it has launched five early-stage projects with an…
Hong Kong Successfully Offered Inaugural $100M Tokenized Green Bond
“Green bond tokenization is one of the pilot projects announced in the Government’s Policy Statement on Development of Virtual Assets in Hong Kong,” said Christopher Hui, secretary for Financial Services and the Treasury, in a statement to the press. “Through a clear policy stance and roadmap, the Government will work towards providing a facilitating environment to promote sustainable and responsible development of the virtual assets sector. We welcome market participants to conduct tokenized issuances in Hong Kong.” Source
BIS-funded regulator to probe DeFi entry points like stablecoins
The Financial Stability Board (FSB), the financial regulator funded by the Bank for International Settlements (BIS), is pushing international regulations for decentralized finance (DeFi). The FSB on Feb. 16 issued a report on the financial stability risks of DeFi, highlighting major vulnerabilities, transmission channels and the evolution of DeFi. Despite providing many “novel” services, DeFi “does not differ substantially” from traditional finance (TradFi) in its functions, the authority said in the report. By trying to replicate some functions of TradFi, DeFi increases potential vulnerabilities due to the use of novel…
GQ Magazine Enters Metaverse with Launch of Its First NFT Collection
GQ joins many other legacy publications that are recently showing an affinity for Web 3.0. Men’s fashion-based GQ magazine is foraying into the metaverse by launching its first-ever collection of 1,661 non-fungible tokens (NFT). Titled “GQ3 Issue 001: Change Is Good,” the collection features special art pieces created by popular artists Chuck Anderson, REO, Kelsey Niziolek and Serwah Attafuah. Each artist created more than 100 unique traits, which have now been algorithmically combined to create the artwork in the series. GQ Magazine to Begin NFT Minting in March The fashion…