Latest from Ian Allison
Coinbase-Backed Insurance Alternative OpenCover Debuts on Layer 2 Blockchain Base
OpenCover, which raised $4 million in a seed round led by the likes of NFX and Jump Crypto, received a $200,000 funding bump from Coinbase to bolster its debut on Base.

OpenCover alternativa de seguro apoiada pela Coinbase estreia na base blockchain da camada 2
OpenCover, que arrecadou US$ 4 milhões em uma rodada inicial liderada por empresas como NFX e Jump Cripto, recebeu um aumento de financiamento de US$ 200.000 da Coinbase para reforçar sua estreia na Base.

OpenCover, la alternativa de seguro respaldada por Coinbase, debuta en la base blockchain de capa 2
OpenCover, que recaudó 4 millones de dólares en una ronda inicial liderada por empresas como NFX y Jump Cripto, recibió un aumento de financiación de 200.000 dólares de Coinbase para reforzar su debut en Base.

Grayscale’s SEC Victory May Render Alameda’s Redemptions Lawsuit Unnecessary, Bloomberg Analysts Say
The ruling could lead to Grayscale's GBTC converting into a bitcoin ETF, which would allow redemptions, making Alameda's suit unnecessary, Bloomberg Intelligence analysts said in a note on Wednesday.

Coinbase Gets a Stake in Stablecoin Operator Circle and USDC Adds 6 New Blockchains
The Centre Consortium, jointly managed by Circle and Coinbase, is being shut down and Circle is bringing issuance and governance of the USDC stablecoin in-house.

Struggling Crypto Custodian Prime Trust Looks Poised for Potentially Massive Layoffs, Sources Say
Nevada regulators recently ordered the crypto company, which BitGo had planned to buy, to cease operations and noted a shortfall in customer funds.

Digital Currency Group Files to Dismiss Crypto Exchange Gemini’s Fraud Claims
DCG called Gemini’s July complaint a continuation of a “public relations campaign” carried out by the exchange’s owners, Cameron and Tyler Winklevoss.

Web3 Security Startup Cube3.ai Emerges From Stealth With $8.2M Seed Funding
The fundraising was led by Blockchange Ventures with participation from Dispersion Capital, Symbolic Capital, Hypersphere Ventures, Iclub and TA Ventures.

Decentralized Insurance Alternative Nexus Mutual Provides Cover to UK Shopkeepers
A partnership with InShare sees Nexus adding some of its $274 million on-chain capacity to The Retail Mutual insurer comprising over 5,000 shopkeepers and small retail businesses.

PayPal’s Regulated Stablecoin Is ‘Watershed Moment’ in Crypto, Says Partner Paxos
That's because the token is being issued by Paxos, a regulated company, which means holders will have more protections, a Paxos exec says.
