- Web3 venture capital firm Electric Capital plans to raise $300 million for its third fund.
- PeckShield reports that CoinEx has incurred losses of up to $43 million.
- Web3 social app Tip Coin reveals its tokenomics model, with 40% of the total token supply allocated for airdrops.
- Binance.US lays off one-third of its staff, and its President, Brian Shroder, has resigned.
- BitMEX launches a prediction market offering contracts related to FTX bankruptcy recovery, Bitcoin ETF decisions, and SBF’s trial.
- Nansen 2 test version goes live, introducing features like AI-driven smart search.
- Paxos releases its first PYUSD transparency report, detailing all over-collateralized transactions.
- Web3 game studio GamePhilos completes an $8 million seed funding round with lead investment from Xterio.
- Web3 collaborative entertainment protocol Mythic secures $6.5 million in funding, led by Shima Capital.
- PeckShield reports that suspicious addresses listed on CoinEx have transferred funds to the Stake.com attacker’s address.