resilience

Coinweb has closed $2M fundraising round from Sava Investment Management.

Coinweb, a layer two cross-chain computation platform, has been in development since 2017. Some of the founders, early contributors, and previous team members who are no longer actively involved in the project have agreed to sell their holdings. Hong Kong, 5th April 2023 -SAVA Investment Management, a licensed fund manager registered in the Cayman Islands and British Virgin Islands, has partnered with Coinweb to buy back 6% of the total supply of CWEB tokens. Johan Ditz Lemche, Managing Director of SAVA Investment Management, said “We are delighted to support and

Reasons for Regulation

There are multiple reasons cited for increased regulation in crypto, the most common of which are investor protection, institutional adoption, and safety. While regulations can be seen as a good thing in general for the space they’re by no means a universal panacea. Examining what central banks want regulation to look like gives a clearer indication of who benefits most from them. In December Sir Jon Cunliffe, Deputy Governor of the Bank of England said, “We would need to regulate to ensure that we get the same level of protection,

Paribus Network Update

For the past few weeks our MVP has been live on the public testnet and just two weeks ago we launched our bug bounty program. Already we’ve had some amazing feedback which has helped us tweak the platform ahead of its mainnet launch. While everyone usually hates bear markets because of the devastation they inflict on portfolios, as a project the additional time and space they give has proved invaluable. Not only have we been able to continue our development in a robust, methodical way, we’ve also had the time