- Compound’s founder’s blockchain-based asset management firm, Superstate, completes a $14 million funding round.
- VersiFi, a digital asset trading and lending company, secures a $10 million investment, appointing a former Managing Director of Genesis Global as co-CEO.
- CFX Labs finishes a $9.5 million seed funding round, aiming to expand its Solana-based stablecoin payment and remittance network.
- Web3 Foundation introduces a $20 million fund along with 5 million DOT tokens for Polkadot ecosystem projects.
- In the fiscal year 2023, the US SEC initiated 784 enforcement actions, collecting nearly $5 billion in fines.
- The US SEC delays decisions on Hashdex’s spot Bitcoin ETF and Grayscale’s Ethereum futures ETF applications.
- Arbitrum proposes an increase in the total budget for STIP incentives, adding 21.4 million ARB to reach a total of 71.4 million ARB.
- Jupiter is set to airdrop 1 billion JUP tokens to 955,000 eligible wallets in its first round next week.
- Union Labs, a blockchain interoperability developer, completes a $4 million seed funding round with participation from Galileo and others.