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Crypto Finance Firm Galaxy Digital Reveals $76.8M Exposure Linked to FTX
9.11.2022
The firms also reported net loss of $68.1 million for the third quarter
Japanese Mobile Firm NTT Plans to Invest $4 Billion in Web3 Technology – Find Out Why
9.11.2022
Japan’s largest mobile telecoms operator NTT DOCOMO has announced plans to invest up to 600 billion yen ($4 billion) into Web3 infrastructure.
The company has joined forces with multichain smart contract platform Astar Network as well as Irish services company Accenture to speed up Web3 adoption...
Crypto Custody Firm Copper Inks $500M Insurance Deal With UK Giant Aon
9.11.2022
The agreement provides cover against employee collusion, third-party theft and physical loss or damage of digital assets held by the London-based company
Gofaizen and Sherle Introduce Full-Cycle Online Accounting In Lithuania
9.11.2022
PRESS RELEASE. Gofaizen & Sherle is a legal and business consulting firm specializing in digital asset-based businesses, financial institutions and investment funds. Having been founded in September 2021, the company has successfully gained a portfolio of hundreds of different projects...
2 Lenders Claim Bitcoin Miner Iris Energy Defaulted on Equipment Loans Worth $103 Million
8.11.2022
Another bitcoin mining company is dealing with financial issues as Iris Energy’s Form 6-K filing with the U.S. Securities and Exchange Commission (SEC) shows the company could face default on two loans. Iris Energy’s Form 6-K filing explains to the SEC that the firm “received a notice from...
Publicly Listed Bitcoin Miner Core Scientific Publishes Update After SEC Filing That Mentions ‘Restructuring’
8.11.2022
On Nov. 7, 2022, the bitcoin mining firm Core Scientific released the company’s October update after the company’s Form 8-K U.S. Securities and Exchange Commission (SEC) filing on Oct. 26, 2022. The filing noted that the company was in the process of exploring “restructuring...
Payment Firm Circle to Bring Euro Coin to Solana in Early 2023
7.11.2022
Circle, the US-based payments company that issues the stablecoin USD coin (USDC), announced its plans to bring its Euro Coin and cross-chain transfer protocol to Solana (SOL) in early 2023.
In a Sunday press release, the company said that it aims to expand native support of Euro Coin and access...
Circle Starts Moving USDC Reserves Into a Blackrock-Managed Fund, Firm Expects to Be ‘Fully Transitioned’ Next Year
6.11.2022
According to the crypto firm Circle Internet Financial, the company is “deepening” its partnership with the world’s largest asset manager Blackrock. Circle disclosed that it has started to transfer USDC reserves into a Blackrock-managed fund that’s registered with the U.S. Securities and Exchange...
Binance Sells Holdings of FTX Token as Alameda CEO Defends Firm's Financial Condition
6.11.2022
Fidelity Investments Launching Commission-Free Retail Crypto Trading for Bitcoin and Ether
5.11.2022
Fidelity Investments, one of the world’s largest brokerage firms with $9.9 trillion in assets under administration, is launching Fidelity Crypto, a service that allows retail investors to trade bitcoin and ether commission-free. “A meaningful portion of Fidelity customers are already...
Crypto Firm Arca Closed Its Terra-Exposed Digital Yield Fund
4.11.2022
The fund was shuttered on Aug. 31 with around $20 million in assets under management
Bakkt Acquires Turnkey Platform Apex Crypto to Bolster Digital Asset Footprint
4.11.2022
Digital asset manager Bakkt Holdings, Inc., announced on Thursday that the company has acquired the firm Apex Crypto from Apex Fintech Solutions. Bakkt detailed that the acquisition of the turnkey crypto platform aims to “bolster Bakkt’s cryptocurrency product offering and expand...
$1B Crypto Hack Fears Spur 20% GALA Plunge, But Firm Implies It Attacked Itself as a Safeguard
4.11.2022
Routing protocol pNetwork said it's working with Gala on a "misconfiguration" and that "all GALA tokens on Ethereum as well as the underlying bridge collateral are SAFE."
CloudWalk Is First Crypto Firm in Brazil to Become a Licensed Payments Institution
3.11.2022
The company, which already has a stablecoin tied to the Brazilian real, was licensed by the central bank of the South American country
Santander UK Limits Cryptocurrency Exchange Transactions, Bank Says Investing in Crypto ‘Can Be High Risk’
3.11.2022
On Nov. 3, Santander UK, the subsidiary of the Spanish financial giant Banco Santander, S.A., published a notice that says “investing in cryptocurrency assets can be high risk.” Furthermore, the British bank also imposed a limit on cryptocurrency exchanges using the firm’s...
Bitpanda Founders Set Up Own Venture Capital Firm: Report
3.11.2022
The three founders of crypto exchange Bitpanda have set up their own venture capital firm, according to a report by The Block Thursday
Venture Capital Firm Paradigm To Host Crypto Tech Event on Capitol Hill
3.11.2022
The Hands On Web3 event aims to give policymakers a hands-on demonstration of the crypto technologies they could regulate
ZoidPay to Revolutionize the Web3 Landscape With $75M Investment Commitment From GEM Digital
3.11.2022
A $75M financial commitment is set to establish ZoidPay as the go-to open architecture for building the next generation of Web 3.0 financial services. PRESS RELEASE. November 3, 2022, Bucharest, Romania — ZoidPay, the leading Web 3.0 architecture provider, has secured an investment commitment...
Bitcoin mining firm Bitdeer could delay public offering to 2023
2.11.2022
An SEC filing stated Safari Group shareholders could vote to give the company the option to extend the Bitdeer deadline up to four times until December 2023
Bitcoin Options Giant Deribit Loses $28 Million in Hot Wallet Hack
2.11.2022
The world’s largest bitcoin options exchange, Deribit, was hacked for close to $28 million, according to an update from the company’s official Twitter account on Nov. 2. Deribit says that the firm’s hot wallet was drained just before midnight the day prior. Crypto Derivatives...