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Looking at the Claims Celsius Operated Like a Ponzi
A new lawsuit alleges that a major crypto lender was, in fact, a Ponzi scheme. Happy Tuesday folks.

Animoca Brands Raises Further $75M, Nudging Valuation to $5.9B
Non-fungible token (NFT) and metaverse investor Animoca Brands has raised a further $75 million, pushing the firm's value to $5.9 billion.

Lightspeed Venture Partners Launches New Funds Totaling More Than $7B
The venture capital firm also announced Lightspeed Faction, an independent team focused on early-stage blockchain infrastructure projects

First Mover Americas: Bitcoin Below $20K and BTC's Inverse Correlation With Infl...
The latest price moves in bitcoin ($BTC) and crypto markets in context for July 12, 2022.

Bitcoin cae a $19.7K mientras crecen preocupaciones de recesión y el euro alcanz...
El fondo de inversión estatal de Singapur Temasek dijo que ve más caídas en los mercados generales para los próximos meses.

Shanghai Plans to Cultivate $52B Metaverse Industry by 2025
Shanghai city authorities released a policy paper setting out a plan to create a $52 billion metaverse industry by the end of 2025.

France Starts Second Stage of Wholesale CBDC Experiments, Central Bank Governor...

Dragonfly Capital Leads $7.5M Round for Quadrata’s Identity Passport
The startup offers verifiable yet private identity passports for Web3 users.

Gnosis Safe Rebrands as Safe, Raises $100M
Digital asset management platform Gnosis Safe has raised $100 million from investment heavyweights including Coinbase Ventures, Tiger Global...

Solana’s Macalinao Brothers Launch $100M VC Fund
Protagonist, the new venture capital firm and incubator from the prominent developers, will primarily focus on emerging blockchains and tech...

Policy Makers Should Get On With Regulating Crypto, BOE’s Cunliffe Says
The Bank of England deputy governor said the recent crypto collapse does not mean crypto is ‘over,’ and regulators should accelerate rulemak...

Uniswap User Loses $8M Worth of Ether in Phishing Attack
An unknown entity conducted the phishing attack by using a fake Uniswap airdrop message.

Three Arrows Founder Says Attempt to Work With Liquidators Met With 'Baiting'
In a first tweet since the crypto hedge fund imploded, Three Arrows co-founder Su Zhu posted screenshots from legal counsel that said the fu...

Bitcoin Drops to $19.7K as Recession Concerns Weigh on Financial Markets, Euro N...
Singapore’s state-owned investor Temasek said it sees more broader-market declines in coming months.

Bitcoin's Inverse Correlation With Inflation-Adjusted Bond Yield Hits Record Hig...
The real yield has surged by over 170 basis points this year, putting pressure on risk assets, including bitcoin.

BitMEX Delays BMEX Listing Citing 'Market Conditions'
The exchange said trading will be rescheduled after market conditions improve.

Brazilian Fintech PicPay to Launch Crypto Exchange, Real-Tied Stablecoin
The company, which has 30 million active users, will offer bitcoin, ether and USDP trading.

Security Token Platform Tokensoft Launches Web-3-Enabled Platform, Tokensoft V2,...
Tokensoft hopes to deploy its platform for user-led token sales on ten chains by the end of the year.

First Mover Asia: Does Anyone Care Anymore If Bitcoin Dips Below $20K?
The more blasé crypto analysts become about a bitcoin price in the $10,000s, the more it seems like the bottom is in. PLUS: The euro on Mond...

Web3 Startup Mysten Labs Aiming for $2B Valuation in Latest Funding: Report
The startup founded by veterans of Facebook's crypto unit is reportedly raising at least $200 million led by FTX Ventures.

GameStop’s NFT Marketplace Goes Live
The NFT marketplace follows GameStop’s digital asset wallet launch.

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