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Category: ICO
Morgan Creek Digital to Raise up to $500M for New Web3 Venture Capital Fund
The new fund will target early stage opportunities in AI, blockchain technology, chips and data. Source
Biden’s Odds of Dropping Out Jump Again on Polymarket Ahead of President’s Press Conference
The odds increased ahead of Biden’s first press conference in months this evening U.S. time. Concerns about his age and cognitive health have led to widespread calls among prominent Democrats and donors, including actor George Clooney, for the president to step aside, despite his insistence he is staying in. Source
Judge Sends Coinbase Back to the Drawing Board Over Efforts to Subpoena SEC’s Gary Gensler
The judge took specific issue with Coinbase requesting documents from Gensler predating his term as chair of the regulatory agency. Kevin Schwartz, an attorney with Wachtell, Lipton, Rosen & Katz representing Coinbase, said the agency has refused to even discuss the totality of the documents Coinbase might have, but that Gensler’s communications were relevant to the case. Source
OKX Picks Malta Over France as Europe Hub to Comply With EU’s MiCA Crypto Rules: Sources
OKX, the world’s second-largest cryptocurrency exchange, plans to make the Mediterranean island of Malta its European hub and base for compliance with the newly arrived Markets in Crypto assets (MiCA) regulatory framework, according to two people familiar with the matter. Source
Why I Chose Bitcoin Ordinals to Release ‘Frontline’
Artist Alexis André explains the attraction of Bitcoin for releasing his latest generative art collection. Source
U.S. SEC Commissioner Grilled on Bitcoin (BTC) ETFs as Senators Weigh Regulator Nominees
The committee also heard testimony Thursday from Christy Goldsmith Romero, the member of the Commodity Futures Trading Commission (CFTC) who President Joe Biden tapped to chair the Federal Deposit Insurance Corp.; Kristin Johnson, another CFTC commissioner, to be the Treasury Department’s assistant secretary for financial institutions; and Hawaii Insurance Commissioner Gordon Ito to be a Member of the Financial Stability Oversight Council. Source
Bitcoin (BTC) Price Recouples with S&P 500, Nasdaq as Cryptos Fall with Stocks
“Right now, the biggest risk we see to crypto assets is the risk that highly overbought U.S. equities could be on the verge of rolling over,” Kruger said. “The correlation isn’t absolute by any means, but there is evidence that would suggest a sharp pullback in stocks could weigh on crypto, at least for a moment.” Source
How Digital Collectibles Are Shaping Athlete Legacies
This digital approach allows athletes to capitalize on their fame and achievements in perpetuity, ensuring they benefit financially from their legacy. NFTs not only democratize the auction process by eliminating intermediaries but also provide athletes with ongoing opportunities to monetize their career highlights, memorabilia, and unique digital content directly to fans. Tiger Woods, Khabib Nurmagomedov, Stephen Curry, Micah Johnson, Son Heung Min, Rafael Nadal, Lionel Messi, Tony Hawk, Tom Brady, Usain Bolt, Wayne Gretzky are just a few examples of athletes who have officially licensed NFT collections. Source
Crypto Exchange Coinbase (COIN) Unveils App to Track On-Chain Wallets
“Today, many people use manual spreadsheets and need to open multiple browser tabs to track their assets holistically,” Coinbase said in a statement. “Many people also manage several crypto wallets, and until now, achieving a comprehensive view of all their assets in one place has been a challenge.” Source