Lemniscap is targeting zero-knowledge infrastructure, consumer applications and decentralized physical infrastructure (DePIN). Source
Investment Firm Lemniscap Raises $70M Fund Targeting Early Stage Web3 Projects
Category: ICO
WazirX Asks Singapore High Court for 6 Months to Restructure Its Liabilities
The application initiates an automatic moratorium of 30 days. Source
Institutional Investors Continue to Increase Digital Asset Allocation: Economist Report
“The positioning of digital assets within institutional portfolios has been focused on trading of cryptocurrencies, with bitcoin and ether representing the largest investment avenues,” the report reads. “But institutional investors are exhibiting greater optimism around digital assets, encouraged by the expanding availability of a wider range of investment vehicles that take them beyond just cryptocurrencies.” Source
Hong Kong Markets Authority Opens up its Tokenization Sandbox, HSBC, GSBN and Hashkey Dive in
“The tokenization of the eBL, a critical document underpinning global trade and serving as a means of legally transferring the title of goods, will for the first time pave way to the securitization of global physical shipping flows,” GSBN said in an emailed statement. Source
Cardano Blockchain Heads for ‘Chang Hard Fork,’ Biggest Upgrade in Two Years
CIP-1694 is the Cardano Improvement Proposal at the core of the upgrade, which introduces various governing structures to the Cardano ecosystem including its Constitutional Committee, dReps, and Stake Pool Operators (SPOs.) Once CIP-1694 is implemented, the Cardano blockchain and any changes made to it will be in the hands of these groups. Source
Australians Lost $122M Worth of Crypto to Scams in 12 Months: Police
Australia’s national police agency has warned that Australians lost at least Australian dollars 180 million of cryptocurrency ($122 million) in investment scams in just 12 months, “urging all to be extra aware of the proliferation and sophistication of scams,” an announcement on Wednesday said. Source
TON Blockchain Grinds to a Standstill With No Blocks Produced for Over 3 Hours
A blockchain not producing blocks for an extended period of time is concerning because it disrupts network stability, potentially leading to security risks and transaction delays. These crashes are uncommon with blockchains, but do occur during times of high network activity. Source
Bitcoin (BTC) Price Falls Below $59K Amid Broad Market Rout; Ether (ETH) Slumps Almost 10%
Bitcoin had topped $62,700 earlier in the day, but recently was down 6.5% from 24 hours earlier. Amid the rout, it got as low as $58,240, the lowest price since Aug. 19. Ether traded as high as $2,700 earlier Wednesday, but recently fetched less than $2,500. Source
Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial DAI Stablecoin Change
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
The Imperfect Free Speech Hero
Durov has become a hero in the eyes of those who champion an internet free of mediation, including those in cryptocurrency, even if that freedom leads to people using that network for all kinds of morally problematic and even illegal things. But Telegram, which is the channel of choice for nearly everyone in Web3, is not exactly the encrypted nirvana we might want, ideally. As tech journalist Casey Newton explains: “Telegram is often described as an ‘encrypted’ messenger. But as Ben Thompson explains today, Telegram is not end-to-end encrypted, as…