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DeFi network Radix team cuts 15% of staff, citing need to ‘refocus’
29.8.2024
Piers Ridyard, the CEO of RDX Works said the cuts are part of a “more comprehensive set of changes that need to be made.”
Firm Behind Pudgy Penguin NFTs Acquires Frame to Build Abstractchain for Consumer Crypto
29.6.2024
Igloo Inc., the team behind the Pudgy Penguins non-fungible tokens (NFTs) has announced the acquisition of Frame, aiming to enhance the consumer crypto experience by developing Abstractchain. This move is expected to address limitations in current layer two (L2) solutions and expand cultural...
Crypto Infrastructure Firm Ramp Network Secures Ireland Registration
23.5.2024
It plans to make Ireland its European headquarters and secure a license as a Crypto Asset Service Provider
Blockchain Infrastructure Firm Blockdaemon Expands into ETH Liquid Staking Market
9.5.2024
Blockdaemon, a crypto infrastructure provider, said it is adding Liquid Collective's ecosystem to its platform, this in turn will allow its developers to contribute to the ETH liquid staking protocol.
The post Blockchain Infrastructure Firm Blockdaemon Expands into ETH Liquid Staking Market...
Tether to Collaborate With Uzbekistan on Developing Crypto Infrastructure Projects
8.3.2024
Tether, one of the largest stablecoin companies, announced a collaboration with the government of Uzbekistan to develop cryptocurrency and communication projects. The memorandum of understanding (MoU) signed between the parties encompasses issuing a comprehensive crypto legal framework, developing...
Crypto Infrastructure Firm Aquanow Obtains VASP License in Dubai
13.2.2024
Canadian-based crypto infrastructure firm Aquanow acquired a Virtual Asset Service Provider (VASP) license from financial authorities in Dubai. In a Feb 12 announcement, Aquanow disclosed that it received the regulatory nod from the Virtual Assets Regulatory Authority (VARA) in Dubai to offer...
Microsoft and Tencent Join Forces with Infura for Blockchain Infrastructure
16.11.2023
Microsoft Office / Source: Adobe Crypto infrastructure giant Infura is taking its first step toward decentralizing core components of its service following years of criticism that the company is a ‘single point of failure’ for Ethereum. Over a dozen Web2 giants including Microsoft and Tencent have...
Bank of America and SAP Veterans to Lead Crypto Infrastructure Firm Taurus' European Drive
13.10.2023
Swiss institutional crypto infrastructure firm Taurus SA has been expanding its presence in Europe with the opening of two new offices in the United Kingdom and France.
In a Thursday blog post, the company said it has appointed former Bank of America executive Jürgen Hofbauer and SAP veteran...
Crypto Infrastructure Provider Qredo Slashes Staff, Cuts Annual Expenses by 35% – Bear Market Continues?
5.9.2023
Crypto infrastructure provider Qredo has announced plans to reduce staff and expenses as it navigates the challenges posed by the ongoing bear market.
Qredo has let go of approximately 50 employees, including several senior executives, according to three sources familiar with the matter.
Among...
‘Infamous Chisel’ Malware Targets Crypto Wallets and Exchanges: A Joint Warning by FBI and GCHQ
1.9.2023
The “Infamous Chisel,” a new sophisticated malware, has been targeting crypto wallets and exchanges, as revealed in a joint report by the U.S. Federal Bureau of Investigation (FBI) and the U.K.’s Government Communications Headquarters (GCHQ). Multi-Agency Alert Over...
Brevan Howard Backs Crypto Infrastructure Startup Puffer in $5.5M Round
8.8.2023
The seed round for the liquid staking startup was co-led by Lemniscap and Lightspeed Faction
Crypto Infrastructure Firm Anoma Foundation Raises $25M
31.5.2023
The Swiss non-profit oversees the Anoma blockchain architecture and the layer 1 blockchain Namada
Crypto Infrastructure Firm Blockstream Raises $125M for Bitcoin Mining
24.1.2023
The company will use the fund to expand its bitcoin mining facilities amid strong demand for hosting
Real Crypto Adoption Needs Real Crypto Infrastructure (These 7 Upgrades, for Starters)
11.1.2023
Internet video took off in the 2000s with widespread broadband adoption. What are the equivalent requirements with blockchain technology today?
Crypto Infrastructure Firm Securrency Hires State Street's Nadine Chakar as CEO
5.1.2023
Institutional cryptocurrency infrastructure firm Securrency has hired asset management giant State Street's head of digital Nadine Chakar as its new CEO
Crypto Infrastructure Firm Blockstream Seeks to Raise Funds at 70% Lower Valuation: Bloomberg
7.12.2022
The under $1 billion valuation is a far cry from the $3.2 billion valuation it had received in 2021
Bolt Axes $1.5B Deal to Buy Crypto Infrastructure Provider Wyre
12.9.2022
A landmark deal that would have seen payments firm Bolt acquire Wyre for $1.5 billion has been scrapped by mutual agreement, according to a press release
It’s time to refocus on crypto infrastructure, CoinShares CSO says
29.6.2022
CoinShares CSO Meltem Demirors finds crypto infrastructure and developer tools more interesting than Web3 and the money aspect of crypto during the current bear market
Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets Accelerates
11.5.2022
Several major financial services firms, including Citi, Wells Fargo, and BNY Mellon, are investing in institutional digital asset technology provider Talos, which aims to remove “the barriers to wide-scale crypto adoption.” The latest funding round values the company at $1.25 billion....
Russia Has 'All the Needed Resources' to Create Its Own Crypto Infrastructure, an MP Claims
15.3.2022
Crypto adoption appears to be on the rise in Russia – where lawmakers have suggested the idea of fostering domestic crypto exchanges as an alternative to using international platforms.
Per the Russian Parliamentary Gazette, Aleksander Yakubovsky, an MP and part of the crypto working group that...