The pilot "eAUD" program is unique in that the Reserve Bank of Australia has not proposed use cases, and has received numerous suggestions from the industry.
Category Archives: funding
With investors moving their funds away from exchanges into self-custody, market liquidity concerns are an immediate threat to struggling crypto businesses.
The ex-president of FTX US, Brett Harrison, is reportedly planning to launch a start-up that would build crypto trading software for big investors.
Investors in the round included Ripple, SIX Fintech Ventures, and Middlegame Ventures.
The opposition party MPs has questioned the credibility over its failure to protect retail investors from FTX collapse and had demanded data on the extent of losses incurred by the investors.
Chris Ko, CEO and co-founder of Fenix Games, considers Fenix Games “like a VC fund” for powering the next generation of blockchain games.
Bitmain-backed crypto lender Matrixport is the other half of a new funding round targeting a $100 million raise.
Changpeng Zhao first announced the fund following FTX filing for bankruptcy, saying it would be aimed at helping projects with liquidity issues, but was not for "liars or frauds."
The lending firm claims it's having "constructive conversations with creditors" and plans to resolve the situation without the need for a bankruptcy filing.
Over 150 projects, including Chainlink, Uniswap and Aave, have signaled their intent to deploy on the layer-2 blockchain.