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Crypto News
Myanmar Shadow Government to Start Neobank With Crypto Rails to Fund Fight Against Military Junta
The National Unity Government bank is set to run on Polygon and do currency swaps via Uniswap v3 pools and USDT stablecoins.
Code Wallet Aims for Fresh Start on Solana After Messy Tale of Kik and KIN
Kik, the instant messaging app, founded KIN in 2017 but was forced to pay $5 million settlement to the SEC.
New U.S. Senate Bill Wants to Regulate DeFi-Like Banks
A new bill from Sen. Jack Reed would impose strict requirements on DeFi protocols under the guise of national security.
Polychain Capital Co-Leads $25M Fundraise for Manta Network Developer
The cryptographic development project, p0x, received a valuation of $500 million.
Nasdaq Halts Plan for Crypto Custody Service Due to U.S. Regulatory Conditions
The stock market operator had said in March, that it was putting together infrastructure and regulatory approval for the custodian service.
Blockchain Capital Leads $40M Round for Crypto Firm RISC Zero
The startup creates developer tooling that helps build zero-proof software for improved security and computational power.
Latin American Crypto Firm Bitso Joins Stellar Network to Boost International USDC Payments
Companies from all over the world will be able to make transactions to Argentina, Colombia and Mexico.
Polygon Mulls Governance Restructure in Polygon 2.0 Roadmap
Developers have proposed an “Ecosystem Council” to push smart contract upgrades, as well as changes to how community-based funding works.
First Mover Americas: Investors Pile Into Bitcoin ETPs Following BlackRock ETF Filing
The latest price moves in bitcoin (BTC) and crypto markets in context for July 19, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
BNB Chain Burns Nearly $500M Worth of BNB Tokens
The burned tokens are now permanently destroyed, which makes circulating tokens more valuable if demand increases.