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Filings: London-based crypto custody startup Copper raised $196M as part of an ongoing Series C; Copper was reportedly valued at $3B in November 2021 (Emily Nicolle/Bloomberg)

[ad_1] Emily Nicolle / Bloomberg: Filings: London-based crypto custody startup Copper raised $196M as part of an ongoing Series C;…

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Singapore will not permit crypto ads at the track and in local areas at this weekend's F1 Singapore GP, underscoring a changing regulatory stance toward crypto (Emily Nicolle/Bloomberg)

[ad_1] Emily Nicolle / Bloomberg: Singapore will not permit crypto ads at the track and in local areas at this…

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Amid mass layoffs, Snap says Web3 is not a priority since it doesn't directly contribute to the company's AR efforts, in sharp contrast to moves by rival Meta (Emily Nicolle/Bloomberg)

[ad_1] Emily Nicolle / Bloomberg: Amid mass layoffs, Snap says Web3 is not a priority since it doesn’t directly contribute…

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DeFi Llama: the total value locked across DeFi protocols has dropped to ~$112B, down from ~$195B before UST and LUNA collapsed, amid a broader decline in crypto (Emily Nicolle/Bloomberg)

[ad_1] Emily Nicolle / Bloomberg: DeFi Llama: the total value locked across DeFi protocols has dropped to ~$112B, down from…

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Tether's accounting firm says Tether holds $20.1B in commercial paper, down 17% QoQ; Tether had $82.4B in total assets on March 31 and $82.2B in liabilities (Emily Nicolle/Bloomberg)

[ad_1] Emily Nicolle / Bloomberg: Tether’s accounting firm says Tether holds $20.1B in commercial paper, down 17% QoQ; Tether had…

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CoinGecko: after Tether lost its dollar peg, leading to $8.5B+ in redemptions, Circle's USDC stablecoin circulation rose by $3.4B and Binance USD is up $1.2B (Emily Nicolle/Bloomberg)

[ad_1] Emily Nicolle / Bloomberg: CoinGecko: after Tether lost its dollar peg, leading to $8.5B+ in redemptions, Circle’s USDC stablecoin…

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The UK's FCA extends a key deadline, set for Thursday, for approving crypto companies; the FCA has so far approved 33 companies (Emily Nicolle/Bloomberg)

[ad_1] Emily Nicolle / Bloomberg: The UK’s FCA extends a key deadline, set for Thursday, for approving crypto companies; the…

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