Worldcoin Deprioritizes Europe Amid GDPR Challenges
Worldcoin is shifting its focus from Europe to Asia to find nations that will be more open to its biometric technology. Sam Altman’s co-founded cryptocurrency biometrics effort, Worldcoin, is moving its focus from Europe to Asia in an attempt to find countries that are more receptive to cutting-edge technologies. The managing director of Worldcoin’s European […]
Hong Kong SFC to Expand Crypto Licensing By Year-End
The Hong Kong Securities and Futures Commission intends to issue several new cryptocurrency licenses by the end of the year. Eleven cryptocurrency platforms are now being evaluated for licenses. Liang Fengyi, CEO of the China Securities Regulatory Commission, disclosed that the SFC will award licenses to Virtual Asset Trading Platforms in phases during an interview with […]
Layer Secures $6m to Solve Limitations of Smart Contracts
Blockchain infrastructure firm Layer secures $6 million to give developer tools for Ethereum full-stack decentralized applications. Fabric Ventures, Arrington Capital, Stake Capital Group, and 1kx sponsored a $6 million seed round that was participated in by Layer, a blockchain infrastructure firm. The company stated in a press release that it intends to use the money […]
Metaplanet Expands Bitcoin Holdings with $1.4 Million
Tokyo-listed investment firm Metaplanet Inc. has increased its Bitcoin holdings to 530.717 BTC, valued at approximately $32.4 million. Japanese investment company Metaplanet increased its overall revenue from Bitcoin to 530.72 BTC by acquiring 23.97 Bitcoin through an options transaction with Singapore-based digital asset trading company QCP Capital. Metaplanet disclosed in its notice dated October 3rd […]
Credbull Launches High-Yield Private Credit Offering
Credbulll, an on-chain private credit marketplace, and Plume have launched LiquidStone, a Plume Network-exclusive line of liquid high yield products. LiquidStone’s asset structure will be diversified across high yielding trade finance options, collateralized on-chain loans, and on-chain liquid assets, per Credbull’s press release. Credbull will start the expansion with an asset capacity of $100 million […]