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Report: Hong Kong-Based Asset Management Firm Acquires Controlling Stake in Asian Crypto Exchange Huobi
10.10.2022
Li Lin’s controlling stake in Huobi, one of Asia’s largest cryptocurrency exchanges, was recently acquired by About Capital Management for an undisclosed sum. Huobi’s acquisition by the Hong Kong-based asset management firm came shortly after the crypto exchange had exited...
Crypto Investment Firm Blockwater Technologies Defaults on DeFi Loan
10.10.2022
The South Korea-based crypto investment firm failed to make a payment on a $3.4 million loan to TrueFi, a decentralized lending protocol
New Paypal Policy Lets Firm Fine Users $2,500 for Spreading ‘Misinformation,’ ToS Condemned and Called an ‘Abomination’
8.10.2022
A new Paypal user policy that permits the company to fine users $2,500 for spreading “misinformation” has caused quite a stir on social media platforms. After November 3, anyone who posts or publishes information or content to “promote misinformation” will be subject...
Gofaizen & Sherle to Help Businesses Scale the New Lithuanian Cryptocurrency Regulations
7.10.2022
PRESS RELEASE. In light of the strengthened supervision of the cryptocurrency sector by Lithuania, Gofaizen & Sherle, an international legal and management consulting firm based in Europe, has taken the initiative to assist businesses in navigating these new regulations. According...
Marathon reports $80M exposure to bankrupt mining firm
7.10.2022
Marathon has outlined that at this stage its operations hosted by Compute North will continue to operate as usual, and highlighted an improved BTC mining production in Q3
Grayscale’s New Co-Investment Vehicle Aims to ‘Capture the Upside of Crypto Winter’
6.10.2022
On October 6, Grayscale Investments announced a new venture that gives accredited investors the opportunity to invest in the mining infrastructure that powers the digital asset ecosystem. According to the announcement, the co-investment vehicle is called Grayscale Digital Infrastructure...
Mike McGlone Says Gold Price Is ‘Firming’ — Commodity Strategist Insists BTC, ETH Will ‘Outperform Most Major Assets’
6.10.2022
Over the last two days, Bloomberg Intelligence commodity analyst Mike McGlone published the firm’s commodity and crypto outlook reports, and McGlone’s latest analysis details that the price of gold could resume its rally after a foundation similar to 1999 is constructed. Moreover,...
Crypto Lending Firm Ledn to Acquire Canadian Fund Manager Arxnovum
6.10.2022
Toronto-based crypto lending firm Ledn has agreed to acquire Canadian crypto exchange Arxnovum, according to a press release
Yuga Labs Launches Bored Ape and Mutant Ape Yacht Club Community Council
5.10.2022
The non-fungible token (NFT) and blockchain firm Yuga Labs has announced a community council will be representatives of the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFT collections. Yuga Labs has chosen seven community members with “a proven track record”...
Steve Aoki Backs Crypto With a Firm Belief in Web3
5.10.2022
Steve Aoki is not just a DJ anymore. He is also half crypto-man who strongly believes that cryptocurrency will become an exchange in the future. He has also expressed his belief in the overall growth and adoption of the Web3 sphere. At the age of 44, Steve Aoki eyes to continue exploring digital...
Bankrupt Crypto Lender Celsius’ Asset Sale Is Scheduled, Sources Say FTX CEO May Bid
4.10.2022
According to a filing published by the U.S. Bankruptcy Court for the Southern District of New York, the crypto lending firm Celsius has been given a final bid deadline of October 17, 2022. Following the bankruptcy court’s final bid deadline, a sale hearing is scheduled for November 1....
NFT Firm Seeks US Election Commission’s OK to Market Campaign Souvenirs
4.10.2022
In the grand political tradition of campaign buttons – think “All the Way with LBJ” or “I Like Ike” – the crypto world is trying its own version, with a non-fungible token (NFT) firm seeking approval from the U.S. Federal Election Commission to offer souvenir tokens to political committees
Firm Led by NFL Legend Steve Young Helps Take Metaverse-Related Company Movella Public
4.10.2022
Movella, a motion capture technology company, will list on the Nasdaq after combining with SPAC Pathfinder Acquisition Corporation
Tether CTO Says US Treasury Notes Account for More Than 58% of USDT’s Reserves
3.10.2022
On Monday, the chief technology officer of Tether Holdings Limited, Paolo Ardoino, explained that U.S. Treasury bills represent more than 58% of the company’s reserves. The announcement follows Tether hiring the accounting firm BDO Italia and the stablecoin issuer’s quarterly...
Crypto Venture-Capital Firm Paradigm Leads $14M Funding Round for DeFi Platform Exponential
3.10.2022
The investment discovery platform includes a risk assessment feature to help combat a growing wave of DeFi exploits
Bitcoin Investment Firm NYDIG's CEO Robert Gutmann Departs
3.10.2022
Bitcoin investment company NYDIG has promoted executives Tejas Shah and Nate Conrad to be its new CEO and president, respectively
US Tennis Player Serena Williams’ VC Firm Leads Ugandan Fintech’s $12.3 Million Pre-Series A Funding Round
2.10.2022
The Uganda-based digital lending fintech startup, Numida, has said it will start offering its services to micro, small, and medium-sized enterprises in other African countries. Numida’s plans to offer its services to businesses beyond Uganda’s borders came shortly after it...
Web3 and Crypto Checking Account Startup Juno Raises $18M, Airdrops Reward Token JCOIN
2.10.2022
Juno, the Singapore-based Web3 crypto firm that offers customers checking accounts tied to crypto assets, has raised $18 million in a Series A financing round led by Parafi Capital. The fresh capital follows the startup’s seed round in 2019 when Juno raised $3 million from investors. Juno...
Microstrategy Is Seeking a Full-Time Lightning Network Engineer to Build a SaaS Platform
1.10.2022
The mobile software, cloud-based services, and business intelligence (BI) firm Microstrategy is seeking a full-time Lightning Network software engineer, according to a job listing published this week. The developer, if hired, will build a Lightning Network-based software as a service (SaaS)...
Data Firm Inca Digital CEO: Crypto Innovation Is a Matter of National Security
30.9.2022
Adam Zarazinski, CEO of Inca Digital, joined “First Mover” to discuss the software company’s partnership with DARPA and the need to keep crypto innovation in the U.S