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dYdX to set up legal entity in Cayman Islands, scrap existing treasury

dYdX community members voted in favor of creating a Cayman Islands foundation company to support the protocol’s operations and governance, a move that offers certain legal benefits to the protocol’s contributors. 

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Author: Elizabeth Napolitano

A16z’s gaming fund to invest $30 million in multiple startups

$600 million Games Fund One invests in a variety of gaming-adjacent startups including web3, or blockchain-based, companies.

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Author: RT Watson

Binance taps board of directors for the first time: Bloomberg News

Binance Holdings Ltd. has named a board of directors for the first time, according to Bloomberg News, after a year marked by change.

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Author: Sarah Wynn

Bitcoin’s Future as Currency

Bitcoin has flourished as digital gold. But, in the long-term, its biggest impact will be in denominating business and trade, says Zac Townsend, CEO of Meanwhile.

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Author: Zac Townsend

Global crypto funds rebound with nearly $900 million in net inflows last week

Capital flowed back into crypto investment vehicles last week, making up for much of the previous week’s outflows.

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Author: RT Watson

Tether Added Nearly 8.9K Bitcoin to Holdings in First Quarter: On-Chain Data

The stablecoin issuer’s BTC holdings now top 75,000 tokens worth about $5 billion.

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Author: Stephen Alpher

Push for anti-CBDC bill could derail stablecoin bill support, says TD Cowen

House Republicans’ push for an anti-CBDC bill could disrupt bipartisan support for a stablecoin bill, according to investment bank TD Cowen. 

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Author: Sarah Wynn

12 Future Bitcoin Scenarios: From Bullish to Bearish

Predictions from Anthony Pompliano, Des Dickerson, Cory Klippsten, Isaiah Jackson, David Johnston, Wendy O, Cas Piancey, and others.

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Author: Jeff Wilser

Web3 infrastructure firm Xion secures $25 million in funding

Animoca Brands, Laser Digital, Multicoin, Arrington Capital, Draper Dragon and others participated in the round.

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Author: MK Manoylov

Who Will Trump Pick for Veep? Polymarket Gives Tim Scott Best Odds: Prediction Markets

Plus: Free money? “Democrat wins New York” contract trades at 90 cents on the dollar.

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Author: Sam Reynolds, Shaurya Malwa


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