Crypto VC Blockchain Capital scores $580 million for two new funds — link
The Block
Crypto VC Blockchain Capital scores $580 million for two new funds
Blockchain Capital, the San Francisco-based venture capital firm, raised $580 million for two new crypto investment funds.
According to Chainalysis data, the value of stolen cryptocurrency associated with DPRK groups currently exceeds $340.4 million this year, compared to over $1.65 billion in stolen funds reported in 2022. The total amount of cryptocurrency stolen is estimated at $3.54 billion — link
Standard Chartered-backed Zodia Custody to offer yield on crypto holdings — link
The Block
Standard Chartered-backed Zodia Custody to offer yield on crypto holdings
Zodia Custody, the crypto business incubated by Standard Chartered, will offer institutional clients yield on their crypto holdings for the first time.
FTX bankruptcy estate sues Sam Bankman-Fried's parents, Joseph and Barbara, to claw back 'misappropriated funds' — link
CoinDesk
FTX Bankruptcy Estate Sues Sam Bankman-Fried’s Parents, Joseph and Barbara, to Claw Back ‘Misappropriated Funds'
Allan Joseph Bankman and Barabara Fried, the parents of Sam Bankman-Fried, have been sued by the FTX bankruptcy estate.
Japan’s largest investment bank Nomura launches Bitcoin Adoption Fund for institutional investors — link
Hong Kong looks to release stablecoin regulations by mid-2024, lawmaker says — link
The Block
Hong Kong looks to release stablecoin regulations by mid-2024, lawmaker says
Hong Kong lawmaker Duncan Chiu said he hopes the stablecoin regime could commence by the middle of next year.
UK bill to seize illicit crypto moves to final stages of approval — link
The Block
UK bill to seize illicit crypto moves to final stages of approval
A bill giving police in the UK more powers to seize illicit crypto assets has been passed to the final approval stages.
Grayscale files for new Ether futures ETF — link
WSJ
Grayscale Files for New Ether Futures ETF
Grayscale Investments filed paperwork with the Securities and Exchange Commission Tuesday for a new exchange-traded fund tracking ether futures.
The ETF is filed under the Securities Act of 1933, the regulation under which commodities and [spot bitcoin E…
The ETF is filed under the Securities Act of 1933, the regulation under which commodities and [spot bitcoin E…
The percentage of Bitcoin supply inactive for 1+, 2+, 3+, and 5+ years are all at all-time highs — link
Hong Kong virtual bank ZA bets on city's blockchain goals — link
Nikkei Asia
Hong Kong virtual bank ZA bets on city's blockchain goals
Company offers Web3 firms hard-to-get financial services
Binance warns of multiple stablecoin delisting as lawyers puzzle over EU's MiCA — link
CoinDesk
Binance Warns of Multiple Stablecoin Delistings as Lawyers Puzzle Over EU's MiCA
The EU’s landmark Markets in Crypto Assets law, MiCA, takes effect next year, but it’s not clear how it will apply to foreign or decentralized issuers
Tether makes strategic investment in Northern Data Group — link
The Block
Tether makes strategic investment in Northern Data Group
Through the partnership, Tether and Northern Data Group will collaborate on AI, communication and data storage initiatives.
Binance warns of multiple stablecoin delisting as lawyers puzzle over EU's MiCA — link
CoinDesk
Binance Warns of Multiple Stablecoin Delistings as Lawyers Puzzle Over EU's MiCA
The EU’s landmark Markets in Crypto Assets law, MiCA, takes effect next year, but it’s not clear how it will apply to foreign or decentralized issuers