Latest from Sam Reynolds
The Father of PlayStation Doesn’t Like Metaverse or VR Headsets
PlayStation creator Ken Kutaragi equates the Metaverse to nothing more than an anonymous message board.

Bitcoin Dips Below $40K During Broader Asia Market Sell-Off
Ether, Solana and other layer 1-associated coins also slip during Asia trading day

Stader Labs Raises $12M in Strategic Sale as It Builds ‘Staking as a Service’ Business
Stader Labs CEO Amitej Gajjala puts the market for staking at $250 billion.

Southeast Asia Gaming Guild Ancient8 Raises $4M Seed Round
The funding round was led by Dragonfly Capital, Pantera Capital and Hashed.

Crypto.com Capital Expands $200M Fund to $500M
Newly hired GP Jon Russell says a larger pool of capital is coming from Crypto.com’s balance sheet.

Fidelity: ‘Countries That Secure Some Bitcoin Today Will Be Better Off Than Their Peers’
Even if a country doesn’t agree with the fundamentals of bitcoin, it will be forced to acquire some as a form of insurance, Fidelity wrote in a recent report.

Crypto.com Capital Hires Jon Russell as GP, Hints at Expanding Fund Size
Russell spent 10 years as a tech journalist, including stints at The Ken and Tech Crunch.

Crypto Options Market Starting to Have Material Impact on Spot Market: QCP Capital
The Singapore-based crypto fund wrote in a Telegram note that the newfound strength of the crypto options market prevented bitcoin from bottoming out below $40,000.

DeFi Protocol Tranchess Becomes Binance Smart Chain Validator Node, Launches Fund
Running a validator node brings in additional revenue, said co-founder Danny Chong.

Cardano Jumps 7% After Coinbase Fixes Withdrawal Bug
Cardano’s rally was fueled by traders regaining confidence in the protocol, and the HKMA taking a more gentle approach to retail crypto.

