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FTX seeks to claw back $460M from Bankman-Fried-backed VC firm

While the funds represent a small portion of FTX’s overall asset shortfall, the settlement means the firms can avoid a costly legal battle. Source: https://cointelegraph.com/rss FTX seeks to claw back 0M from Bankman-Fried-backed VC firm

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Coinbase could face SEC enforcement action for 'potential violations of securities law'

The crypto exchange claimed that none of its listed assets were considered securities, and any potential targeting of its wallet was based on a “misunderstanding” by United States Securities and Exchange Commission officials. Source: https://cointelegraph.com/rss Coinbase could face SEC enforcement action for 'potential violations of securities law'

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eToro raises $250M after terminating SPAC deal

The Israel-based firm raised capital for the first time since 2018, after failing to go public in 2022 through a SPAC merger. Source: https://cointelegraph.com/rss eToro raises 0M after terminating SPAC deal

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Xapo Bank to enable USDC deposits and withdrawals

According to the Bitcoin custodian, utilizing the USDC stablecoin will allow members to deposit and withdraw funds without fees. Source: https://cointelegraph.com/rss Xapo Bank to enable USDC deposits and withdrawals

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Positive Grid unveils ultra-portable Spark Go enhanced guitar amp

Positive Grid has a new ultra-portable version of its high-tech Spark guitar amplifier. Designed for musicians seeking a versatile and powerful practice amp, the 3.5-inch-tall Spark Go works with a companion app loaded with virtual amps, pedals and other effects — and it can even flesh out your sound with AI-powered drums and other backing […]