June 17, 2024
FSB Tackles Stablecoin Risks in Emerging Markets

The Financial Stability Board (FSB) is taking a closer look at stablecoin use in emerging markets. The watchdog group made that announcement following a meeting of the board’s plenary in Toronto. “In emerging market...

June 14, 2024
Deposit Tokens Gain Favor in Commercial Banking

There’s a new on-chain token in town, and it’s not the one you’re thinking of. While there exists a variety of “tokens” within the 21st-century payments and financial services landscape,...

June 14, 2024
Layer3 Raises $15 Million to Help Users Discover Web3 Projects

Layer3 raised $15 million in a Series A funding round to support its omnichain identity and distribution protocol that helps cryptocurrency consumers discover and earn rewards from projects. The company...

June 13, 2024
Foreign Card Use Brings US Dollars Back to Venezuela

Foreign credit card transactions are reportedly bringing more foreign currency into inflation-plagued Venezuela. That’s according to a report Thursday (June 13) by Reuters, citing four public sector and finance sources who said...

June 13, 2024
Ripple and Archax Partner on Tokenization of Real-World Assets

Ripple and Archax have extended their existing collaboration, aiming to bring hundreds of millions of dollars of tokenized real-world assets (RWAs) onto the XRP Ledger (XRPL) over the coming year. This collaboration brings...

June 12, 2024
SEC Seeks Federal Judge’s Approval of Settlement With Terraform Labs

The Securities and Exchange Commission reportedly asked a federal judge Wednesday (June 12) to approve a settlement with Terraform Labs. The deal would resolve an SEC fraud case involving the...

June 12, 2024
CargoSense Raises $8 Million to Enhance Supply Chain Automation

Supply chain automation firm CargoSense has raised $8 million in new funding. The Series A round was led by Lanza techVentures and included participation from Merck Global Health Innovation Fund (MGHIF), according to a Wednesday (June...

June 12, 2024
This Week in Web3: Growing Crypto Acceptance and Cross-Border Payments

The state of crypto, just like the crypto market, remains promising – if volatile – in 2024. While many observers may have believed that the crypto space would simply disappear...

June 12, 2024
Blockchain Firm Squad Labs Raises $10 Million for Smart Wallet

Blockchain tech company Squad Labs has raised $10 million in new funding. The Series A round was led by Electric Capital with participation from RockawayX, Coinbase Ventures, L1D, Placeholder and Mert Mumtaz. “As...