Business

First Mover Asia: Crypto VC Funding Was Resilient in the Bear Market. It’s Now Powering Through This Mini-Bull Cycle

Non-crypto related deposits held by former Signature Bank (now Signature Bridge Bank) will be assumed by Flagstar Bank, N.A., a subsidiary of New York Community Bancorp, as of Monday, according to the FDIC. Custodia Bank founder and CEO Caitlin Long reacted.…

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Crypto Trading Firm Auros Secures $17M Investment as It Recovers From FTX Woes

After FTX imploded, and as fear among market participants mounted about a full-blown insolvency crisis in crypto, lenders raced to recall outstanding loans to mitigate potential losses. With a significant chunk of funds locked up on FTX, Auros faced a sudden…

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Report: Construction industry can halve embodied emissions, but ‘systemic change’ needed

The construction industry has the potential to slash the embodied emissions contained in new building projects in half, but only if the sector embraces sweeping reforms that can drastically improve resource efficiency, encourage the use of more sustainable materials, and establish…

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‘Epidemic of climate anxiety’: Woodland Trust warns nature loss is impacting mental health

"Drastic action" is required to increase the dwindling stock of UK woodlands to help tackle the climate and nature crisis, as well provide increasingly anxious younger generations with access to green spaces which can improve their mental health. That is the…

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Get back on the bus: Government unveils plans to boost UK’s bus sector

Travelling by bus could soon become much easier, cheaper, and cleaner, after the government today launched a series of initiatives to improve bus services across the UK and drive investment in new zero emission fleets. Roads Minister Richard Holden today announced…

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Vertical farmers Harvest London secure investment for third site

Sustainability-led investment manager Foresight has announced it has invested in London-based vertical farming company Harvest London in support of plans to deliver a new 140,000 square foot farming project in South London. Foresight said its investment, which was for an undisclosed…

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Dam good news: Plan unveiled to re-introduce beavers to West London in Amazon-backed rewilding project

Beavers could soon be returning to London waterways after a project proposing their re-introduction to an area in West London was selected for a grant from the Rewild London Fund. The restoration project is one of 22 separate re-wilding initiatives to be…

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Render Network Eyes Solana Migration Ahead of Network Changes

“The decision whether to continue with Polygon versus moving to Solana sparked a spirited debate between the pros and cons of each, with support for Solana's runtime, developer community, low transaction fees, and speed contrasting Polygon's centralization, reorg tendency, and user…

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Creators Behind Web3 Game Aavegotchi Raise $30M in Multiyear Token Sale

"The successful conclusion of this sale represents a watershed moment for the decentralized fundraising space and, we hope, a model for responsible fundraising for projects in the future,” said Coder Dan, co-founder and CEO of Pixelcraft Studios, in a press release.…

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Core Scientific Bankruptcy Judge Approves Transfer of Over $20M of Equipment to Its Exclusive Energy Negotiator

However, as of May 2022, after "it became clear that the [two west Texas] facilities would not receive the anticipated power load," Core Scientific stopped making various payments to Priority Power Management, Bros said. Neither firm immediately replied to CoinDesk's request…

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It’s ‘Critical’ Crypto Innovation Stays in U.S., Former White House Adviser Says

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives…

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Immutable and Polygon Labs Team Up to Expand the Web3 Gaming Ecosystem

"By combining the number one Web3 gaming platform – currently serving hundreds of game studios and millions of players – with Polygon’s best-in-class zkEVM technology, we are building an Ethereum-centric gaming ecosystem that is poised to take Web3 mainstream and bring…

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Leading The Way: Some Industries Are Already Using The Metaverse…Are You?

Faster vaccine testing. Shorter time to market for innovative new medicines. A clearer understanding of side effects for each individual patient. These are developments that could change the face of medicine forever. To help turn this concept of personalized healthcare into…

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Who Is Balaji Srinivasan And Why Should We Care About His $1 Million Bitcoin Prediction?

Share to FacebookShare to TwitterShare to LinkedinOn Friday, Balaji Srinivasan, a man who wields considerable influence in the tech and crypto worlds, made a jaw-dropping bet: $2 million that bitcoin would skyrocket from the mid-$20,000 range to $1 million per coin…

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Origin Protocol Considers Subsidizing OGN Rewards After Joining NFT Royalty Wars

With hours left in the voting, the subsidies proposal appeared likely to pass. At press time, 27 holders of Origin’s OGN tokens had voted over 1 million tokens in favor of passage, and none against. At least three participating addresses were…

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Why Clinique’s Next Move In The Metaverse Is A Winning Formula For Web3 Retail

Clinique is launching digital laboratory Clinique Lab, an all-immersive, multi-sensory gamified experience that combines retail with edutainment. Having created custom avatars, users can explore different zones including a museum spotlighting the brand’s history and a skin school offering both video tutorials…

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Buster Murdaugh Denies Involvement Stephen Smith’s 2015 Killing— Here’s What To Know About The Case

ToplineBuster Murdaugh, son of convicted double-murderer and ex-South Carolina attorney Alex Murdaugh, “unequivocally” denied any involvement in the death of his purported former classmate Stephen Smith Monday after months of unsubstantiated speculation that he was involved in Smith’s 2015 death. Key…

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‘On Thin Ice’: World About To Pass Critical Temperature Threshold, UN Warns

ToplineUnited Nations scientists warned Monday the world is on track to pass a critical temperature threshold believed to be essential to combat climate change by the early 2030s—as scientists resound the alarm for drastic cuts to greenhouse gas emissions they say…

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