Business
Crypto exchange Kraken is reportedly in discussions with blockchain infrastructure firms as it considers who to partner with to launch its own Layer 2 network.
Bitcoin
LINK, TON and MATIC were among the biggest gainers as Investors seemed to regain their appetite for riskier assets. ETH remained near $1.9K.
Electric Capital also led the seed round for the startup, which provides a protocol-focused access control and governance platform for smart contracts.
Digital asset investment product inflows total $767 million so far in 2023 versus the $736 million last year, according to new CoinShares data.
The collapsed crypto exchange and its debtors told a bankruptcy court the sale would make it easier and cheaper to repay creditors.
Germany’s DZ Bank AG launched a new platform for digital assets processing and custody.
DeFi
Aave V2 has paused its markets on Ethereum and frozen certain assets on Avalanche, Polygon, Arbitrum and Optimism after reports of an issue with a feature on the protocol.
Tech
The community crowdfunding wallet lost 2,675 XMR worth close to $460,000 in an attack, while the source of the vulnerability is still yet to be identified.
The partnership will allow institutional investors to trade on global exchanges while storing their assets in a regulated, walled-off environment.
The payments giant attributed the 37% year-over-year growth to higher market prices and more BTC sales to customers.
