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Blockchain-Based, AI Compute Protocol Gensyn Closes $43M Series A Funding Round Led by a16z
12.6.2023
The capital infusion comes as interest in AI surges. Gensyn said it would use the money to accelerate the launch of the protocol and expand its workforce
Custodia's Suit Against Fed Over Denial of Master Account Can Proceed, Court Rules
10.6.2023
Custodia's challenge of the Federal Reserve Bank of Kansas City's decision to deny the crypto-friendly bank access to the Fed banking services can continue, a U.S. district court ruled Thursday, rejecting a Fed motion to dismiss the case. The U.S. District Court of Wyoming, however, did reject...
Robinhood will end support for 3 tokens named in SEC lawsuits
9.6.2023
The company cited the SEC’s actions against Coinbase and Binance as reasons for the delisting, saying the lawsuits “introduced a cloud of uncertainty” around the tokens
Crypto.com Winding Down U.S. Institutional Business
9.6.2023
Singapore-based crypto exchange Crypto.com will no longer be offering its service to institutional clients in the U.S. due to “limited demand,” the company announced Friday
Former CFTC Chairman Heath Tarbert Joins Circle as Chief Legal Officer
9.6.2023
Tarbert will guide the company’s global strategy as it contends with regulatory issues in the U.S
Hut 8 Says Repairs to Damaged Crypto Mining Equipment Are Taking Longer Than Expected
9.6.2023
The delays are impairing the miner's hashrate and bitcoin production
Crypto Custody Firm BitGo Reaches Preliminary Agreement to Buy Prime Trust: Source
8.6.2023
Cryptocurrency custody firm BitGo is seeking to buy Prime Trust, another crypto custody specialist regulated in the state of Nevada, according to a person familiar with the matter
Aave-Developed Lens Protocol Raises $15M to Expand 'Social Layer' of Web3
8.6.2023
Uniswap CEO Hayden Adams, OpenSea co-founder Alex Atallah, entrepreneur Balaji Srinivasan and Polygon co-founder Sandeep Nailwal joined the round as angel investors
U.S. Judge Dismisses Lawsuit Against DeFi Startup PoolTogether
8.6.2023
The lawsuit, filed in 2021, alleges the platform operated in a way that enabled users to evade financial regulation and scam consumers
Coinbase CEO Armstrong Says Not Shutting Down Staking Service
7.6.2023
Coinbase
Bitcoin Halving Is Coming and Only the Most Efficient Miners Will Survive
7.6.2023
Only the miners with the lowest energy costs and most efficient equipment will survive the once-every-four-years event
SEC's Latest Crackdown Could Drive Crypto Firms Out of the U.S.
6.6.2023
Companies such as Coinbase and Binance may not want to, but they could be forced to focus their efforts elsewhere
Small business lending protocol Defactor tokenizes $100M in bonds
6.6.2023
The bonds are tokenized on Polygon using the ERC-3643 token standard
Sequoia Capital announces three-way split to separate China business
6.6.2023
One of the world’s largest venture capital firms, Sequoia Capital, will split into U.S./Europe, India/SEA, and Chinese branches
Bitcoin-Denominated Life Insurance Provider Sets Up Shop With $19M Funding
6.6.2023
Meanwhile's target audience is U.S. citizens with large BTC holdings, an audience from which it has "seen a lot of early demand."
Bankers Shopping FTX's 'Hundreds of Millions of Dollars' Stake in AI Startup: Report
6.6.2023
At the time of its bankruptcy last November, FTX may have owned as much as $500 million worth of stock in Anthropic, the creator of ChatGPT rival Claude
Bitcoin Saw Heavy Profit Taking in May: Goldman Sachs
6.6.2023
The amount of bitcoin held on exchanges fell 12%, while ether supply saw a slight gain, the report said
OKX Chooses Nomura-Backed Crypto Storage Firm Komainu as Custodian
6.6.2023
OKX is the first client to use Komainu Connect, a regulated settlement and custody system for institutional customers
Zodia Custody to Offer Staking to Institutional Clients Through Blockdaemon
6.6.2023
The firm said it is the first bank-owned custodian to offer staking services to institutional clients
Binance SEC Lawsuit Could be Preview of What Coinbase May Face, Berenberg Says
5.6.2023
If Coinbase faces charges from SEC, at least 37% of the crypto exchange's net revenue would be at risk, analysts says