# FTX collapse impacts Miami’s nightclub scene: Report

# FTX collapse impacts Miami’s nightclub scene: Report

” FTX collapse impacts Miami’s nightclub scene: Report “ The fallout from the collapse of FTX spans beyond the Web3 and crypto ecosystem. Reports gathered by the Financial Times suggest that nightclubs in Miami have been negatively affected by the collapse of the once-reputable cryptocurrency exchange. According to nightclub owners, young, nerdy crypto bros went…

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# Controlling shareholders’ stakes in GBTC are ‘highly illiquid’: Report

# Controlling shareholders’ stakes in GBTC are ‘highly illiquid’: Report

” Controlling shareholders’ stakes in GBTC are ‘highly illiquid’: Report “ According to a new Twitter post by Ryan Selkis, CEO of blockchain research firm Messari, Grayscale Bitcoin Trust’s (GBTC) controlling shareholders Genesis Global and Digital Currency Group cannot simply “dump” their holdings to raise more capital. Selkis explained that the restrictions are due to…

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# MakerDAO community votes against CoinShares’ 500M investment proposal

# MakerDAO community votes against CoinShares’ 500M investment proposal

” MakerDAO community votes against CoinShares’ 500M investment proposal “ Decentralized lending protocol, MakerDAO, has voted against crypto investment firm CoinShares’ proposal to invest between 100million and 500million worth of the community’s funds, into a portfolio of corporate debt securities and government-backed bonds for yield, as an investment strategy.  72.43% of the community votes went…

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# Game7 allocates 0M in open-source technology grants for Web 3.0 gaming companies

# Game7 allocates $100M in open-source technology grants for Web 3.0 gaming companies

” Game7 allocates $100M in open-source technology grants for Web 3.0 gaming companies “ On November 28, blockchain gaming accelerator Game7 announced that it would allocate $100 million in open-source technology grants to upcoming Web 3.0 startups. As told by the Game7, distributions will support individuals and entities building blockchain games, smart contracts, core software…

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# Tokenized government bonds free up liquidity in traditional financial systems

# Tokenized government bonds free up liquidity in traditional financial systems

” Tokenized government bonds free up liquidity in traditional financial systems “ A handful of government-backed financial institutions have been exploring tokenization use cases to revolutionize traditional financial systems. For instance, El Salvador’s Bitcoin Volcanic bond project has been in the works for over a year and aims to raise $1 billion from investors with…

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