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Ark Invest Expects Bitcoin to Become a Multitrillion-Dollar Market — Predicts BTC Price Could Reach $1.48 Million
7.2.2023
Investment management firm Ark Invest says bitcoin is “likely to scale into a multi-trillion dollar market.” In its new report, the firm offers three bitcoin price predictions, including a bull case where bitcoin could rise to $1.48 million per coin. Ark Invest CEO Cathie Wood sees...
Blockchain Analytics Firm Elementus Triples in Valuation Despite Crypto Winter
6.2.2023
Elementus increased its valuation significantly from a little more than a year ago in a new $10 million fundraise
FTX Being Advised by Cybersecurity Firm Sygnia on Hack Inquiry, CEO Ray Says
6.2.2023
The crypto exchange’s current chief executive blasted weak cybersecurity controls at the company under Sam Bankman-Fried’s leadership
Brazilian Fintech Company Capitual Partners With Azimut to Offer Crypto Services in European Markets
6.2.2023
Capitual, a Brazilian fintech company that offers cryptocurrency intermediation services, has partnered with Azimut, an asset management firm, to expand its service offer to Europe. The deal, which contemplates an investment of €15 million (about $16.2 million), would allow Capitual to start...
Hodlnaut works with potential buyers to sell firm and FTX claims: Report
6.2.2023
Hodlnaut’s court-appointed judicial managers are reportedly in the process of signing non-disclosure agreements with the potential buyers
Dingo crypto token flagged as scam over 99% transaction fee backdoor
6.2.2023
Cybersecurity firm Check Point said it discovered a smart contract function called "setTaxFeePercent" which can reportedly change the contract's buy and sell fees
Google invests $300M in AI firm previously funded by Sam Bankman-Fried
5.2.2023
Members of Crypto Twitter are speculating whether Bankman-Fried and FTX will source the reported $530 million invested in Anthropic to pay off FTX creditors
Google Backs AI Firm Anthropic With $300 Million, Following Series B Investment From Controversial FTX Co-Founder
4.2.2023
As the artificial intelligence (AI) wars intensify, the AI firm Anthropic has raised $300 million from Google and sources say that the tech giant will get roughly a 10% stake in the AI company. Interestingly, in April 2022, Anthropic raised approximately $500 million from sources including...
Hackers Stole $3.8 Billion From Crypto Firms in 2022, Says Chainalysis
4.2.2023
Blockchain analytics firm Chainalysis says 2022 was “the biggest year ever for crypto hacking,” with $3.8 billion stolen from cryptocurrency businesses. The firm added that decentralized finance (defi) protocol hacks accounted for 82.1% of all cryptocurrency stolen by hackers during...
Crypto VC Firm Pantera Loses Co-CIO Joey Krug
3.2.2023
A newly-formed executive committee will absorb Krug’s duties, according to a letter to limited partners
Crypto Software Firm President: We're Trying to Make California’s DMV More Efficient With Blockchain
2.2.2023
Car titles that once lived on paper will be reflected as digital assets on-chain, reducing the need for paper title transfers. Andrew Smith, president of blockchain software company Oxhead Alpha, discusses why his firm is turning to the Tezos blockchain to build out the protocol
Fund Management Giant State Street Increases Stake in Silvergate to 9.3%
2.2.2023
State Street disclosed a 9.3% stake in troubled crypto lender Silvergate Capital (SI) as of Dec. 31, according to a filing Thursday with the Securities and Exchange Commission (SEC)
Blockchain Analytics Firm Chainalysis to Cut Jobs in Reorganization
2.2.2023
The cuts will reportedly affect less than 5% of Chainalysis' staff, or about 40-50 people
London Crowned World’s Leading Cryptocurrency Hub, According to Study
2.2.2023
According to research from Recap, a cryptocurrency tax software company, London has become the world’s leading hub for cryptocurrencies. The researchers analyzed eight indicators, including the number of cryptocurrency businesses and the quantity of cryptocurrency ATMs in each country....
Crypto Custody Firm Copper Alerted to Security ‘Incident’ Over Christmas
1.2.2023
Copper said some “concerning behavior” had been detected, and that a “machine-generated alert had been triggered.”
Crypto VC Firm Arrington Capital Hires BitMEX Alum as Investment Head
1.2.2023
Bhavik Patel previously headed product and derivatives for the crypto exchange
Bitcoin and Hang Seng's Stalled Rally Might Mean Wider De-Risking Ahead, TradFi Firm Says
1.2.2023
Failures in BTC and Hang Seng are technical warnings signs that these early 2022 halcyon vibes may not last all year, one observer said
Rally Crypto Firm Pulls the Plug on Its Sidechain as Crypto Industry Struggles – Here's What Happened
1.2.2023
Social token platform Rally has announced the closure of its sidechain operations due to a lack of funding. The project warned users that their crypto assets will become stranded as tokens on the Rally sidechain are not transferable to mainnet....
Read More: Rally Crypto Firm Pulls the Plug on...
82% of Millionaires Ask About Putting Crypto in Their Portfolios, Survey Shows
1.2.2023
Asset management firm Devere Group says that 82% of millionaires surveyed have asked their financial advisors about adding cryptocurrencies, such as bitcoin, to their portfolios despite the crypto winter. “Wealthy investors understand that digital currencies are the future of money, and they...
Grayscale Crypto Firm in Hot Water Again as New GBTC Lawsuit Filed by Osprey – Here's What You Need to Know
31.1.2023
Grayscale, the digital asset management firm that is part of Barry Silbert’s crypto conglomerate Digital Currency Group (DCG), is in hot water after being sued by industry rival Osprey Funds over how it promotes the Grayscale Bitcoin Trust (GBTC) fund.
In the lawsuit, filed on January 30 with...