The Central Reserve Bank of Peru (CRBP) has published a paper that it said will be the first in a series to examine the need, design and timing of a Peruvian central bank digital currency (CBDC), John Kiff, research director at the Sovereign Official Digital Association (SODA), reported. The report concentrates on issues relating to […]
Market maker and investment firm DWF Labs has invested $16 million in Web3 company RACA, a deal that includes purchasing an unspecified amount of RACA tokens. The funding will help RACA continue its goal of becoming an expansive Web3 gaming ecosystem. Founded in 2021, RACA (formerly known as Radio Caca) started out as manager of […]
A top executive at stablecoin issuer Tether (USDT) is addressing recent reports alleging that the company had exposure to collapsed bank Signature Bank. Tether’s chief technology officer, Paolo Ardoino, tells his 202,000 Twitter followers that the firm had no exposure to Signature Bank, directly or indirectly, despite a recent article by Bloomberg claiming that Tether […]
M11 Credit has reopened lending and is raising fresh capital for its new crypto lending pool on blockchain-based credit marketplace Maple Finance, the firm tweeted Wednesday. It also appointed a new head of credit and has upgraded its risk management and credit underwriting process, a Maple blog post said. The new developments came after pools […]
Berlin-based M^ZERO Labs, a company that seeks to build neutral infrastructure linking assets in the global financial system with decentralized applications, has raised $22.5 million in a financing round led by Pantera Capital. The funding round also includes participation from other investors such as Road Capital, AirTree, Standard Crypto, The SALT Fund, ParaFi Capital, Distributed […]