Lulo Invest Newsletter #42

Federal prosecutors announced charges against a German businessman, alleging he scammed investors out of more than $150 million in a crypto fraud scheme.

Pontem, a startup which is largely focused on encouraging devs to build web3 apps, is launching an AI-powered chatbot.

Prosecutors allege he created and sold a "practically worthless" cryptocurrency to fund his lifestyle.

Cryptocurrency exchange Coinbase has introduced a new generation of Wallet-as-a-Service

Residents of China have begun actively converting their savings into cryptocurrencies, using creative ways to own Bitcoin (BTC) and other crypto assets prohibited in the country

The company said that its initial target for the funding round was $35 million.

Paper Ventures has launched a $25 million venture capital fund for blockchain startups.

Outlier Ventures analyst Jasper De Maere has identified asset tokenization as a growth sector starting in 2024, claiming the industry could become blockchain's "killer app."

Thailand's SEC updated rules governing digital asset businesses and tokenization of real estate and infrastructure projects

Crypto ownership across the globe grew from 432 million holders in January to 580 million owners in December of 2023. 

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