DeFi
Binance Labs invests $5M in Curve DAO Token following $60M July hack
The company also said it will help Curve Finance deploy on BNB Chain.
Mike Dalton 2 min read 
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Mike Dalton 2 min read 
Investments
Singapore pledges $112M to foster fintech and web3 innovation
Singapore's MAS said individual web3 projects would get grant funding to support actual trial and commercialization of their products.
Investments
Sequoia Capital scales back crypto fund by $350M amid industry challenges – reports
Sequoia Capital scales back cryptocurrency fund amid startup ecosystem shift, focusing more on early-stage startups.
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Investments
Cathie Wood, ARK Invest still anticipate $1.5M Bitcoin after US banking crisis
Wood believes Bitcoin will continue to establish itself as an "insurance policy" against inflation and that "everyone will want it at the end of the day."
Investments
Web3 projects see 78% drop in VC investments as crypto funding falls
Crypto funding has crashed to the lowest point since the fourth quarter of 2020.
Investments
Silent Protocol ushers in a new era of DeFi privacy as Sora Ventures leads $5M round
Silent Protocol's innovative privacy solution hopes to bridge the gap between traditional banks and the DeFi sector.
Investments
Ark Invest cashes in $53M as Coinbase shares reach 12-month high
This week, Ark Invest funds sold more than double the amount of Coinbase shares they bought in June when the SEC sued the exchange.
Exchanges
Cathie Wood’s Ark Invest unloads $12M Coinbase shares as COIN rallies to one-year high
Coinbase stock has rallied after several traditional financial institutions chose it as partner for their surveillance-sharing agreement.
Investments
Singaporean sovereign fund Temasek exits crypto altogether amid regulatory crackdown
The investment chief conceded that Temasek might invest in crypto if the regulatory framework becomes comfortable, but the fund is still nursing its wounds from its FTX bet gone sour.
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Adoption
Only 4% of institutional investors to decrease crypto allocations before 2025 – Binance survey
Analysis
Bitcoin OTC desks see highest holdings in a year as inflows rise
Investments
MicroStrategy BTC holdings balloon to $4.6B as firm invests another $372M
Bankruptcy