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Lightspeed Faction Unveils $285M Fund for Blockchain Innovation
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Lightspeed Faction Unveils $285M Fund for Blockchain Innovation

Lightspeed Faction has launched a $285 million venture fund, focusing on early-stage blockchain projects, highlighting the growing importance and potential of blockchain technology in various sectors.

France’s CBDC Projects to Manage DeFi Liquidity, Settle Tokenized Assets
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France’s CBDC Projects to Manage DeFi Liquidity, Settle Tokenized Assets

The Bank of France is currently working on its second stage of experimentation in wholesale central bank digital currency (CBDC).

Facebook’s Head of Crypto David Marcus Is Leaving the Company after 7 Years
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Facebook’s Head of Crypto David Marcus Is Leaving the Company after 7 Years

David Marcus, the head of Facebook’s crypto projects, has announced his intent to leave the firm at the end of the year.

Australia Sponsors Two Blockchain Pilot Projects for AU$5.6M
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Australia Sponsors Two Blockchain Pilot Projects for AU$5.6M

The Australian government has allocated more than 5.6 million Australian dollars to support two domestic blockchain pilot projects, enhancing the domestic productivity and competitiveness of the Minerals and Food and Beverage sectors.

MahaDAO Shares Details of Staking Program That Delivers 40% APY
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MahaDAO Shares Details of Staking Program That Delivers 40% APY

MahaDAO, the crypto collateralization and valuecoin minting protocol, is to launch a staking program for its native governance token. Holders of MAHA, which was issued to the community in an Initial DEX Offering (IDO) last week, will be able to stake their assets for a 90-day period and earn a yield of close to 40%.

Andreessen Horowitz Names New York Stock Exchange’s Top Regulator to Head Its Cryptocurrency Unit
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Andreessen Horowitz Names New York Stock Exchange’s Top Regulator to Head Its Cryptocurrency Unit

Andreessen Horowitz venture capital firm hires the current head of the New York Stock exchange (NYSE)’s regulatory unit.

Ethereum Express Establishes Two Pilot Projects Encompassing Over 48,000 Users
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Ethereum Express Establishes Two Pilot Projects Encompassing Over 48,000 Users

Ethereum Express (EEX), a community-driven decentralized ecosystem, has revealed the launching of two pilot projects that will comprise of more than 48,000 users. These initiatives are utilizing the Proof-of-Authority-based Ethereum Express blockchain to boost the productivity of their business procedures.

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