MARKETS DAILY HOLIDAYS: DeFi?

Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates. Justin Wales is the head of legal for the Americas at Crypto.com. He is the author of "The Crypto Legal Handbook: A Guide to the Laws of Crypto, Web3

A Swiss crypto startup launched by several former UBS bankers has raised 100 million CHF, or around $104 million, in a bid to establish a regulated cryptocurrency bank. Called SEBA Crypto AG (SEBA) and based in the Crypto Valley Zug, the startup said on Thursday it secured the funds from domestic and foreign institutional and private…

news Marlin Protocol has reeled in a $3 million seed round from Binance Labs, Arrington XRP, Electric Capital, NGC and other investors. The startup, based in San Francisco and Bangalore, India, works to increase network speeds across a variety of blockchains. Throughput constraints – or limitations on how much data can smoothly flow through a…

NEWS The Monetary Authority of Singapore (MAS) and the country’s stock exchange, Singapore Exchange (SGX), have developed a settlement system for tokenized assets that can work across different blockchains. Announced by the nation’s Ministry of Communications and Information in a press release on Sunday, the newly completed delivery versus payment (DvP) system utilizes smart contracts…

Bitcoin (BTC) surged above $28,000 Tuesday afternoon in the largest short squeeze this month.The largest cryptocurrency by market capitalization jumped to as high as $28,150 in a few hours after trading flat around $26,800 for most of the day, CoinDesk Indices data shows. It more recently pared some of its gains, dropped to around $27,900,…

On March 8, rumors of trouble at SVB caused digital assets to become entangled in the situation. The announcement that $3.3 billion of Circle's dollar-backed USDC stablecoin was held at SVB caused the stablecoin to depeg from the U.S. dollar.This led to digital asset investors selling positions on major exchanges. Bitcoin dropped from 22,410 to…

Web3 gaming studio Pixion Games has raised $5.5 million in seed funding to build out Fableborne, the developers’ flagship game.The round saw participation from a handful of notable investors including the Avalanche Foundation’s Blizzard Fund, investment firm Shima Capital, gaming decentralized autonomous organization ReadyPlayerDAO and more.Pixion plans to put the funds towards Fableborne, the studio’s…

The automotive industry is at a crossroads. We’re racing towards a future of electric vehicles and autonomous driving, yet something meaningful seems to be slipping away: the joy of car ownership. The passion and personality that once defined car culture is fading, replaced by a less exciting world where vehicles are mere transportation devices. This

Through each stepchange in technology, marketing has continually evolved. What started in the early days of Mesopotamia and Egypt, with merchants advertising their goods using symbols and signs on stalls, has become a complex global industry, constantly adapting to communications innovation.This op-ed is part of CoinDesk's Web3 Marketing Week.When it comes to Web3, the latest