Crypto.com DeFi wallet now supports NFTs on Polygon.

https://twitter.com/cryptocom/status/1603273810861604866

Crypto derivatives platform Paradigm cuts salaries by 15 percent.

The OTC firm blamed the pay reduction on contagion stemming from the collapse of the crypto exchange FTX.

https://www.theblock.co/post/195250/paradigm-salary-cuts

Hong Kong debuts first crypto futures ETFs.

https://www.reuters.com/technology/amid-crypto-turmoil-hong-kong-debuts-first-crypto-futures-etfs-2022-12-15/

Microsoft has banned cryptocurrency mining from its online services, and says it did so to protect all customers of its clouds.

https://www.theregister.com/2022/12/15/microsoft_online_services_cryptomining_ban/

Mithril says it deposited 200,000 BNB tokens, worth around $53 million, to Binance to list its MITH token in 2018.

The project now wants a refund after Binance delisted the token.

The MITH price has decreased by more than 20%.

https://www.theblock.co/post/195326/mithril-binance-delisting-refund
https://twitter.com/mithdotio/status/1603356872303865856

Coinbase has launched a new asset-recovery tool for unsupported ERC-20 tokens.

The feature will allow Coinbase users to recover some 4,000 mistakenly sent tokens.

If a user has mistakenly sent unsupported tokens to their Coinbase address, the company will help recover those tokens by charging a fee.

https://www.theblock.co/post/195309/coinbase-unsupported-erc20-tokens-recovery

Amber Group has acquired the Singaporean crypto exchange Sparrow.

https://www.businesstimes.com.sg/startups-tech/temasek-backed-amber-group-buys-regulated-crypto-platform-sparrow-exchange

Crypto.com has received a Payment Institution License from the Central Bank of Brazil.

https://twitter.com/cryptocom/status/1603404993280753665

The private layer-2 chain Aztec Network has announced $100 million in Series B financing led by a16z crypto, with participation from A Capital, King River, Variant, SV Angel, Hash Key, Fenbushi, and AVG.

https://medium.com/@aztecnetwork/aztec-raises-100-million-to-build-encrypted-ethereum-dd5062ba949c

Dutch central bank says KuCoin is not licensed and 'illegally offering services'.

https://cointelegraph.com/news/dutch-central-bank-says-kucoin-is-not-licensed-and-illegally-offering-services

Former President Donald Trump releases his first NFT collection.

https://twitter.com/watcherguru/status/1603421671993577472

Crypto exchange FTX petitioned a federal court for permission to sell several subsidiaries, including U.S.-based derivatives wing LedgerX.

https://www.coindesk.com/policy/2022/12/16/embattled-crypto-firm-ftx-wants-to-sell-its-functioning-units-including-ledgerx/

Warner Music Group and the digital fashion startup DressX have announced the partnership.

Through the partnership, Warner Music artists will be able to create and license digital wearables and merchandise for fans.

https://decrypt.co/117385/warner-music-group-metaverse-digital-fashion-startup-dressx

Crypto Market Daily Review.

- The market is down today. Market cap is $875B, Bitcoin is trading at $17.4K.

Dropstab.com

⚡️ Highlights:

- Donald Trump releases individual NFTs for $99 each.
- Magic Eden has added Polygon NFT minting and trading support.
- The Hong Kong Stock Exchange has begun trading two ETFs.

Decent, an NFT infrastructure protocol that helps artists monetize their work, raised $3.5 million in a seed funding round.

Crypto-focused venture capital firm Archetype led the round, with Y Combinator, Circle Ventures, Palm Tree Crew Crypto and its co-founder Kyrre Gorvell-Dahll (aka Kygo, a Norwegian DJ and music producer) also participating.

Angel investors, including Ilya Fushman of Kleiner Perkins and Ian Lapham of Uniswap Labs, also joined the round.

https://www.theblock.co/post/195485/nft-infrastructure-protocol-decent-raises-3-5-million-from-y-combinator-and-others-exclusive

New York financial regulator issues cryptocurrency guidance for banks.

https://www.reuters.com/markets/new-york-financial-regulator-issues-cryptocurrency-guidance-banks-2022-12-15/

Blockchain infrastructure company Blocknative has raised $15 million in Series A-1 financing, bringing the total amount raised by the Ethereum block processor to $34 million.

Joining in the Series A-1 raise are Blockchain Capital, Foundry Group, Rho, IOSG Ventures, Robot Ventures, Fenbushi Capital, HackVC, Industry Ventures, and others.

https://decrypt.co/117398/a-leading-post-merge-ethereum-block-builder-blocknative-raises-15-million

Magic Eden has added Polygon NFT minting and trading support.

https://www.theblock.co/post/195404/magic-eden-bolsters-gaming-support-by-adding-polygon-nft-minting-and-trading

Crypto trading firm Amber Group raises $300M Series C.

The round was led by Fenbushi Capital U.S., and other crypto investors and family offices.

https://www.coindesk.com/business/2022/12/16/crypto-trading-firm-amber-group-raises-300m-series-c-after-ftx-contagion/

Japan set to ease 30% crypto tax on paper profits for token issuers.

https://cointelegraph.com/news/japan-set-to-ease-30-crypto-tax-on-paper-profits-for-token-issuers