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Tech Veteran-Backed Web3 Social Platform Plai Labs Raises $32M in Seed Round
2 min read
  • Crypto

Tech Veteran-Backed Web3 Social Platform Plai Labs Raises $32M in Seed Round

cryptovert January 20, 2023
Web3 social platform builder Plai Labs has raised $32 million in a seed funding round led by...
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First Mover Asia: FTX’s Illiquid Holdings Filled With Tokens That Sit in Venture Funds in Which It Invested; Bitcoin Falls Below $21K
6 min read
  • Crypto

First Mover Asia: FTX’s Illiquid Holdings Filled With Tokens That Sit in Venture Funds in Which It Invested; Bitcoin Falls Below $21K

cryptovert January 19, 2023
Good morning. Here’s what’s happening: Prices: Bitcoin and ether spend their Wednesday in the red. Insights: Embattled...
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Yuga Labs’ Sewer Pass NFT Collection Nets Over $6M in Sales in Just Hours
3 min read
  • Crypto

Yuga Labs’ Sewer Pass NFT Collection Nets Over $6M in Sales in Just Hours

cryptovert January 19, 2023
After announcing the release of a new non-fungible token (NFT) project within the Bored Ape Yacht Club...
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SHIB Is a Favorite Holding Among New Crypto Wallets, Nansen Shows
2 min read
  • Crypto

SHIB Is a Favorite Holding Among New Crypto Wallets, Nansen Shows

cryptovert January 19, 2023
While it remains a brutal bear market in crypto, Nansen’s analysis of on-chain data highlights how risk-taking...
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Circle, Uniswap Research Says DeFi Can Solve $2 Trillion FX Risk Problem
2 min read
  • Crypto

Circle, Uniswap Research Says DeFi Can Solve $2 Trillion FX Risk Problem

cryptovert January 19, 2023
Every day, about $2.2 trillion in foreign-exchange (FX) transactions carry a risk that the yet-to-be settled side...
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World Leaders Warmed to Blockchain at Davos This Year, Despite Crypto Winter
4 min read
  • Crypto

World Leaders Warmed to Blockchain at Davos This Year, Despite Crypto Winter

cryptovert January 19, 2023
Hey folks. I’m in Davos, Switzerland, through the rest of this week covering the World Economic Forum’s...
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First Mover Asia: Bitcoin Hangs Tough Over $21K for Another Day
6 min read
  • Crypto

First Mover Asia: Bitcoin Hangs Tough Over $21K for Another Day

cryptovert January 18, 2023
Good morning. Here’s what’s happening: Prices: Bitcoin traded above $21,000 for a fourth consecutive day. Insights: Why...
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Crypto Speculation Has Had Its “Comeuppance”: Raghuram Rajan
3 min read
  • Crypto

Crypto Speculation Has Had Its “Comeuppance”: Raghuram Rajan

cryptovert January 18, 2023
DAVOS, Switzerland — Crypto as a speculative asset class has had its “comeuppance” said economist and former...
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Blockchain’s Non-Crypto Applications Take Center Stage on Davos Day 2
4 min read
  • Crypto

Blockchain’s Non-Crypto Applications Take Center Stage on Davos Day 2

cryptovert January 18, 2023
DAVOS, Switzerland — Blockchain, not crypto.. From propping up climate solutions and delivering humanitarian aid to Ukraine...
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Crypto Conglomerate DCG Suspends Dividends Amid Distress at Genesis Unit
2 min read
  • Crypto

Crypto Conglomerate DCG Suspends Dividends Amid Distress at Genesis Unit

cryptovert January 18, 2023
Cryptocurrency conglomerate Digital Currency Group has informed its shareholders the firm is suspending dividends until further notice....
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