With the NFT market’s spectacular bust now leaving big brands that happily jumped feet first into the technology nursing bruised egos and deeper financial wounds. Nike has quickly become one of the biggest names in NFT space. Now it’s fighting a class-action lawsuit after announcing plans to close RTFKT, one...
The $5 million fundraise by Inco, a Web3 protocol focused on building holistic blockchain confidentiality solutions, wrapped on Wednesday. This strategic round was led by a16z crypto CSX. The funding round included Coinbase Ventures, 1kx, Orange DAO, South Park Commons, Script Capital. Inco will use the proceeds to further develop...
In this freewheeling, chaotic landscape of Web3, where all activity is on-chain, and ultimately, transparent and traceable. Inco is here to save the day with some much-needed privacy-fueled education! This project, supported by a16z, is building an interoperability and confidentiality layer for the blockchain stack. Its purpose is to provide...
This week, venture capital firms injected hundreds of millions of dollars into the cryptocurrency and blockchain industries. To us, their actions strongly signal the confidence in the potential for growth in this industry. Numerous companies in multiple sub-sectors, ranging from decentralized AI to blockchain infrastructure, have raised large funding rounds....
The world of Decentralized Finance (DeFi) definitely feels like the Wild West right now. Here, innovation is king, and most consider regulations to be pesky limitations on creativity. A deeper dive reveals an inspiring story. Well-crafted, strategic, risk-based regulations will allow DeFi’s benefits to reach the mainstream. Intelligent regulatory frameworks...
We all know that the SEC is blindfolded and groping in the dark when it comes to regulating crypto. Hester Peirce’s “floor is lava” analogy strikes too close to home. While regulators play catch-up, a much more immediate and potentially dangerous game is unfolding: Donald Trump's foray into the world...
The cryptocurrency landscape was already dauntingly unstable before the FTX collapse. Shaping this already complicated moral thicket are significant and powerful political actors and regulatory agencies. The SEC is walking a very fine line in crypto right now. Counterbalancing this challenge are the likely impacts of characters such as Donald...
Is Trump’s possible crypto-friendly future a real win-win for all or is it just one more gilded cage, especially for those adventurous, entrepreneurial artists grinding in the digital fields? Because that’s the question we should really be asking.Crypto's Promise: A Level Playing Field?We've all heard the siren song of crypto:...
Cryptocurrency firms are still trying to navigate unclear regulatory standards. A memecoin dinner invitation extended to Trump backers has stirred up political ire in Washington. Investment advisers are struggling to know which of the thousands of cryptocurrency assets are securities, which is causing real harm and confusion in the marketplace....
Earlier this week, Paul Atkins was sworn in as SEC Chair. This begins the third official term he’s served with the agency. Shortly after the Senate confirmed Atkins, he got right to work defining his priorities. To his credit, he seems intent on laying out unambiguous regulatory guardrails for the...
