Crypto Wallet Security Layer Webacy Raises $4M
Investors included entrepreneur Gary Vaynerchuk and Mozilla Ventures.
Decentralized Identity Network Space ID Raises $10M
The round was led by crypto investment firms Polychain Capital and dao5.
Digital Pound Holdings Could Be Limited to 10K, Central Bank Says
The Bank of England has set out technical features of its central bank digital currency, which officials have said is likely to be needed
First Mover Americas: The Graph’s GRT Soars 92% in 7 Days
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Digital Asset Management Platform HeightZero Taps CoinDesk Indices to Offer Crypto Basket to Financial Advisers
HeightZero provides a platform for financial advisors to plug in to as a means of offering their clients exposure to a range of assets.
Central Banks Are Working on a Monitoring System for Stablecoin Balance Sheets
The Bank for International Settlements is spearheading a project that will look into tech tools that could help regulators form policy frameworks for stablecoins based on data.
Ethereum Name Service DAO Passes Vote to Sell 10K Ether
The DAO (decentralized autonomous organization) of Ethereum Name Service (ENS) has voted to liquidate 10,000 ether for USDC to cover operating costs for the next two years.
Shares of Bitcoin Miner Hut 8 Slump on Merger With US Bitcoin Corp.
The combined company will have access to 825 MW of energy capacity.
DeFi Lender Aave to Distribute Lido Staking Rewards on Arbitrum and Optimism
The Aave community has favorably voted on a proposal to permit Lido DAO to distribute token rewards across liquidity pools on three networks.
Dubai Mandates Licensing for Crypto Companies as It Sets Out Regulatory Requirements
A set of rulebooks published by the Virtual Assets Regulatory Authority lays out requirements for crypto firms covering everything from issuance and exchange services to advertising.