Crypto News
LBank Labs Invests in QED: Unleashing Bitcoin’s Full Potential with Zero-Knowledge Proofs
PRESS RELEASE. LBank Labs has achieved a new milestone by participating in the $3 million funding round for QED. This innovative venture is poised to revolutionize the Bitcoin ecosystem with its groundbreaking zk-Native blockchain protocol. The funding round, spearheaded by Arrington Capital, saw contributions from renowned venture capital firms such as Starkware, Draper Dragon, BlockchainSource link
SEC Faces Mounting Pressure from Lawmakers to Back Off Crypto Industry
The regulator faces a growing number of calls from the U.S. House and state attorneys general to back off the crypto industry.Source link
Worldcoin’s WLD Slides as Elon Musk Sues OpenAI
WLD is considered a proxy bet on OpenAI, the Sam Altman-owned artificial intelligence company.Source link
Chamber of Digital Commerce: SEC Actions ‘Pose Separation of Powers and Due Process Concerns’
The Chamber of Digital Commerce, a Washington-based blockchain advocacy group, has filed an amicus curiae document on the SEC v Payward, Inc. (Kraken) case. The chamber argues that the actions of the SEC pose “separation of powers and due process” concerns and that digital assets are not inherently investment contracts. Chamber of Digital Commerce SlamsSource link
Blackrock Launching Brazil’s First Bitcoin ETF
Blackrock is launching Brazil’s first spot bitcoin ETF, the Ishares Bitcoin Trust BDR (IBIT39), on Mar. 1, initially available to qualified investors with plans to eventually open it to retail investors. The ETF aims to provide investors with regulated access to bitcoin and is part of Blackrock Brazil’s strategy to expand into the digital assetSource link