HK’s CMCC Global Raises $100M for New Blockchain Fund
Hong Kong-based Web3 and blockchain fund CMCC Global has launched a new $100 million venture capital fund called Titan Fund focused on early-stage investments.
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Uzbekistan Updates Crypto Mining Rules
Uzbekistan has introduced new regulations for cryptocurrency mining, detailing requirements for legal entities and approved energy sources.
PayPal Explores NFT Marketplace After Launching Stablecoins
PayPal has filed a patent for an NFT marketplace after launching stablecoins, indicating interest in crypto and Web3.
CZ Says No to SBF: Binance Rejects $40M Lifeline to FTX
Binance CEO Changpeng Zhao once turned down a $40 million funding request from Sam Bankman-Fried for a futures exchange, according to the new FTX book by Michael Lewis.
El Salvador Launches First Bitcoin Mining Pool with Volcano Energy
El Salvador’s Volcano Energy renewable Bitcoin mining project begins operating its first local mining pool in partnership with Luxor Technology.
Google’s new Pixel Phone Gets Smarter with AI Upgrades
Google announced new AI-powered Pixel phones and previewed its Bard assistant with advanced conversational abilities at its annual fall event.
Former MIT Alum Launches DRAM Stablecoin on Uniswap, PancakeSwap
A SoftBank executive and MIT alum has launched a stablecoin backed by the UAE dirham to provide inflation-ravaged countries asset exposure.
Binance Ends BUSD Lending Services by Oct 25
Crypto exchange Binance will stop its borrowing and lending services for stablecoin BUSD by the end of October.
Ripple Receives Singapore Payments License Approval
Ripple has received a full license to operate as a major payments firm in Singapore from the central bank after initial approval in June.
Osmosis Brings Bitcoin to Cosmos with Nomic Bridge Integration
The largest DEX on Cosmos, Osmosis, will enable Bitcoin transfers to the network in collaboration with Nomic and Kujira. Users can bridge BTC to Cosmos as nBTC at a 1.5% fee.