Welcome again to Chain Reaction.
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This week in web3
- Stablecoin firm Circle going public makes good sense (TC+)
- Faction launches $285M early-stage crypto fund
- LG’s IT arm faucets Tiger Global-backed QuickNode for web3 pursuit
- a16z backs London-based crypto startup Pimlico because it ramps up UK focus
- US sanctions Russian accused of laundering Ryuk ransomware funds
The newest pod
For this week’s episode, Jacquelyn interviewed Brendan Quigley, accomplice at Baker Botts regulation agency.
Quigley is a former U.S. Marine, now lawyer who represents shoppers on issues associated to white-collar authorities investigations and business disputes.
Previously, he was a federal prosecutor as an assistant U.S lawyer within the U.S. Attorney’s Office for the Southern District of New York, which we name SDNY. If that rings a bell it’s as a result of considered one of our earlier friends, Josh Naftalis, additionally had that function.
Brendan has tried greater than 12 instances that had been delivered to verdicts and was a senior member of the Office’s Securities and Commodities Fraud Unit.
We talked about SBF’s verdict and future sentencing in addition to how his March 2024 trial for added costs will pan out.
Subscribe to Chain Reaction on Apple Podcasts, Spotify or your favourite pod platform to maintain up with the most recent episodes, and please depart us a evaluation when you like what you hear!
Follow the cash
- Stackr raised $5 million in seed spherical to assist builders construct scalable web3 apps
- Crypto and AI-focused Ritual comes out of stealth with $25 million in financing led by Archetype
- StablR raised $3.5 million to construct out its euro-backed stablecoin startup
- NFT looking platform Authentick raised $4 million in seed spherical
- Llama raised $6 million to assist enhance crypto protocols and sensible contracts
This listing was compiled with data from Messari in addition to Ztoog’s personal reporting.
What else we’re writing
Want to department out from the world of web3? Here are some articles on Ztoog that caught our consideration this week.
- With the ability of AI, you will be mediocre, too (TC+)
- Secure messaging app Signal strikes a step nearer to launching usernames
- Robotics funding noticed one other dip in 2023
- Klarna is inching towards an IPO, and it’s not the one one (TC+)
- New pre-seed funds are popping up in all places (TC+)
Follow me on Twitter @Jacqmelinek for breaking crypto information, memes and extra.