Latest from Ian Allison
DeFi Incubator Cumberland Lab Comes Out of Stealth Mode
The growing Singapore-based Web3 lab will have 25 staffers by week's end.

Blockchain.com Cuts 25% of Its Workforce Amid Crypto Bear Market
The digital assets trading firm said it will shutter its Argentina-based offices and halt its expansion plans in several countries.

Ethereum’s Kaleido Collaborates With Polygon for Web3 Adoption
Polygon Edge, a gas-free and easy to access scaling service targeting business users, was unveiled at Ethereum’s annual community gathering in Paris.

Binance.US Starts Affiliate Marketing Program, Taking Aim at Coinbase
A Binance.US representative pointed to recent reports that rival exchange Coinbase is shuttering its affiliate program.

French Banking Giant BNP Paribas Enters Crypto Custody Space: Sources
The French bank will be working with crypto custody specialists Metaco and Fireblocks.

Crypto Custodian Copper Soon to Close Delayed Funding Round: Sources
Copper’s Series C round will value the company around $2 billion, according to two sources. The firm sought a $3 billion valuation in November.

ING Bank Spins Off Its Crypto Custody Platform to GMEX Group
Pyctor will continue to work with the Dutch bank.

Crypto Exchange Blockchain.com Faces $270M Hit on Loans to Three Arrows Capital
Blockchain.com “remains liquid, solvent and our customers will not be impacted,” wrote CEO Peter Smith in a letter to shareholders.

Three Execs Leave JPMorgan This Week to Join Crypto Firms
The latest exits are former managing director Eric Wragge and digital innovation lead Puja Samuel.


