PIP Labs secures $80M for Story Protocol, valuation hits $2.25B
Story Protocol’s Series B was co-led by a16z Crypto and Polychain Capital. The funds were targeted at developing its layer-1 blockchain, designed for intellectual property tokenization.
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VC Roundup: Investors eyes blockchain analytics, gaming and crypto privacy
Crypto startups keep raising capital despite tight liquidity and adverse macroeconomic conditions. September saw major developments in the space, such as Farmville co-creator Amitt Mahajan raising $33 million to create Web3 games, and Animoca Brands disclosing $20 million capital gathered to push forward the development of its Mocaverse platform.In another related development, Blockchain Capital closed

Five European Union Countries Team Up to Block Libra: Report
Five European Union member countries have reportedly teamed up to prevent the issuance of Facebook’s stablecoin Libra.Private meetings to turn EU against LibraFollowing a series of private meetings in October, France is reportedly leading the anti-Libra effort with Germany, Italy, Spain and the Netherlands, political news publication Politico Europe reports on Oct. 30.Citing sources familiar…

FTX creditors only getting '10-25% of their crypto back' — creditor
Following the collapse of the FTX exchange, the FTT token collapsed by more than 80% and wiped away over $2 billion in customer value.

World’s largest sovereign wealth fund grows indirect BTC exposure by 153%
Norway’s sovereign wealth fund, managed by Norges Bank Investment Management, has positions in MicroStrategy, Square, Tesla, MARA Holdings, Riot Platforms and Coinbase.

Litigation and Steady Price Decline — Can XRP Sustain Such Attrition?
Ripple has long occupied a controversial position in the cryptocurrency industry. The ascension of Ripple’s in-house token, XRP, to the position of the second-largest cryptocurrency by market cap was enough validation for some that the company was set to play a major role in the industry for many years to come. However, since those halcyon…

The MakerDAO Auction Is Happening, Here’s What to Expect
The MakerDAO (MKR) community has locked in an auction to cover a multi-million dollar hole in DAI collateral after the sudden Ethereum (ETH) price crash on March 12. Scheduled for 10:28 AM EST on March 19, the system will auction newly minted MKR in exchange for DAI.The proceeds from the sale will be used to…

Bitcoin bull run next? Bitfinex stablecoin ratio ‘blows up’ in 2023
A "major leading indicator" for Bitcoin is pointing the way toward a classic repeat of bullish BTC price phases, analysis says. 245 Total views 20 Total shares Bitcoin (BTC) is facing the prospect of a “big bull move” as stablecoin buying power returns, on-chain data hints.Analysis courtesy of on-chain analytics platform CryptoQuant now shows stablecoin…

Voyager can’t guarantee all customers will receive their crypto under proposed recovery plan
The crypto lending firm said that the exact amount reimbursed to users will “depend on what happens in the restructuring process and the recovery of 3AC assets." 885 Total views 34 Total shares Following Voyager Digital filing for bankruptcy on Tuesday, the crypto lending firm said its recovery plan was aimed at preserving customer assets…