On May 15, the chosen projects commenced the 12-week program after being granted seed funding of $30,000.
Decentral Block Post
A week filled with exploits and uncertainty for DeFi: Finance Redefined
DeFi saw another multimillion-dollar rug pull this past week, and the Multichain saga continues to spiral out of control.
Neuralink gets FDA approval for ‘in-human’ trials of its brain-computer interface
The Neuralink device is designed to be surgically implanted and, according to CEO Elon Musk, will eventually be marked to the general public.
No ETH to trade? Ethereum exchange balance drops to a 5-year low
The ETH balance decline began in September 2022, which saw a significant spike in November-December 2022 post-FTX downfall.
Chinese TV’s crypto ‘bull run’ report censored, Multichain crisis: Asia Express
News of HK legalizing crypto exchanges censored by state media after just two days, meanwhile, Multichain token plunges after police arrest rumors.
RGB protocol may offer solution to Bitcoin's Ordinals jam, claims proponent
The founder of Digital Bitcoin Art and Assets (DIBA) believes smart contracts on Bitcoin could solve the myriad problems created by Ordinals.
Digital Currency Group to shutter institutional trading unit TradeBlock
Starting from May 31, TradeBlock will commence the official procedure of winding down its operations.
Bitpanda secures licensing agreement with Coinbase as part of strategic partnership
As part of the collaboration, Bitpanda will incorporate Coinbase Exchange into its roster of authorized liquidity providers.
Sam Altman’s Worldcoin secures $115M for decentralized ID
Funds will be used to support the decentralized World ID and the recently released crypto wallet World App. VC firms A16z Crypto, Bain Capital Crypto, and Distributed Global are investors in the round.
Getting a home loan using crypto collateral: Insane or just risky?
You can use crypto as collateral to get a home loan — but as one Bitcoin OG found out, it’s super risky and you can lose the lot.
Circle launches euro-based stablecoin on Avalanche blockchain
Circle launched EUROC last year as a regulated stablecoin, which means that each token is fully backed by euro reserves held at United States-regulated financial institutions.
Germany's recession triggers responses from the crypto community
A member of the community thinks that, in this case, all speculative markets including crypto will lose ground.
Chinese state media removes video on crypto after Binance CEO calls it 'big deal'
Although China has maintained a hostile stance against crypto, the recent developments in Hong Kong got many to speculate about its impact on China.
Fahrenheit wins bid to acquire assets of crypto lender Celsius
The Arrington Capital-backed consortium outbid NovaWulf to acquire Celsius Network’s assets, while the Blockchain Recovery Investment Consortium serves as a backup bid.
Gaming is the 'largest scale opportunity' for crypto: Polygon co-founder
Polygon co-founder Sandeep Nailwal said growing industries “invites a lot of speculation early on” but the genuine use cases will eventually rise to the surface.
Jump Crypto finds double-voting vulnerability in Celer’s SGN
The bug would have allowed malicious validators to compromise the network and applications that rely on it, including Celer’s cBridge.
Multichain token plunges 30% on backend upgrade delay
The MULTI protocol's TVL remains largely unchanged at $1.6 billion despite a large selloff in the token price.
Project takes off with $31.6M in alleged exit scam
On-chain detective ZachXBT believes that the project has “likely exit scammed” after bridging $31.6 million to multiple addresses on Tron and Ethereum.
Ethereum is ‘woefully undervalued’ but growing more powerful: DeFi Dad, Hall of Flame
DeFi Dad says he’d be shocked if Bitcoin doesn’t hit $500K within 10 years, but he thinks Ethereum is getting more powerful all the time.
Financial surveillance, privacy and CBDCs: Why are governments going cashless?
Attorney Marta Belcher joins The Agenda podcast to unpack financial surveillance’s vast infrastructure and warn of the potential ramifications of central bank digital currencies.
Foresight Ventures pledges additional $10M for Web3 accelerator
The venture capital firm will allocate up to $200,000 to blockchain projects that it deems promising.
Web3 threatened by Web2.5 and regulations, exec warns
Outlier Ventures founder Jamie Burke warns that as projects compromise with products that are not interoperable, the vision of Web3 goes further from becoming realized.
Ledger key recovery service paused amid backlash, will open-source code
In a May 23 Twitter Space, Ledger CEO Pascal Gauthier said the past week has been a “humbling experience.”
Dispersion Capital launches $40M venture fund to ‘bring Web3 to the masses’
The firm aims to fund startups building infrastructure for Web3 and other decentralized technology projects.
Solana integrates AI into blockchain, raises grants fund to $10M
The ChatGPT plugin integrated into Solana is open source and can be downloaded from GitHub.
CBDCs on the horizon: The current state of CBDC initiatives around the world
Central bank digital currencies gain traction as countries worldwide engage in their development despite skepticism from the crypto community.
NFT ticketing dishes out a punch at mixed martial arts league
The mixed martial arts organization, Professional Fighters League, will use NFT tickets, becoming the latest sports body to explore the Web3 ticketing functionality.
Crypto City: Guide to Osaka, Japan’s second-biggest city
Osaka may or may not have been Satoshi’s home, Binance has moved in, the city hosted Devcon 5, and there’s finally a Bitcoin ATM again!
Portfolio management provider GoodCrypto joins Cointelegraph Accelerator
GoodCrypto joins a dedicated Cointelegraph support program for Web3 innovators to increase its brand value and scale up marketing efforts.
Bitget secures regulatory license in Poland, reserve funds up $80M in Q1
The cryptocurrency exchange secured VASP licensing in Lithuania in April.