Crypto custodian Taurus has made a significant advancement by securing a MiFID license in Cyprus, allowing it to operate within the European capital markets. This move positions Taurus to offer a range of regulated services, including the custody of digital assets, to institutional investors. The license aligns with the growing demand for secure and compliant solutions in the cryptocurrency space, especially as regulatory frameworks evolve across Europe. With this development, Taurus aims to enhance its presence in the EU market, catering to the increasing appetite for digital asset investment among traditional financial institutions.

Andreessen Horowitz’s crypto investment arm said its new fund would seek to back projects that “people keep using when the hype fades.” Source: Cointelegraph

Bryan Pellegrino, co-founder and CEO of LayerZero, disputed Kelp DAO’s accusations and said a postmortem by external security firms will be published soon. Source: Cointelegraph

A class-action group has accused rapper Iggy Azalea of not following through on delivering utility and business integrations for her memecoin, Mother Iggy. Source: Cointelegraph