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PayPal Held $604M of Customers' Crypto as of Year-End 2022
10.2.2023
The payments company held $291 million of bitcoin and $250 million of ether, with the rest comprising litecoin and bitcoin cash
Microsoft Disbands Industrial Metaverse Project: Report
10.2.2023
The 100 members of the team have all been laid off, according to the report, according to a person with direct knowledge of the matter
Bankrupt Crypto Lender Celsius Seeks to Raise $14M From Bitmain Mining Vouchers
10.2.2023
The company joins Core Scientific in trying to offload the assets before expiry, and will use the funds to repay creditors
Moonpay and Looksrare Partner to Bring Convenient NFT Purchasing to the Masses
10.2.2023
On Thursday, the fiat-to-crypto onramp business Moonpay announced a multi-year partnership with the non-fungible token (NFT) marketplace Looksrare. According to the deal, Looksrare will allow marketplace users to buy and sell crypto assets through Moonpay’s services. Moonpay and Looksrare...
OP Token Falls After Surprise Optimism Airdrop
10.2.2023
Optimism conducted a second airdrop that rewarded users of the Ethereum layer 2. OP token fell on the news
Bitcoin Miner CleanSpark Plans to Continue Pursuing Acquisitions Amid Bear Market
9.2.2023
The miner's revenue for the first quarter was $27.8 million, just shy of analyst estimate of $29.5 million, according to FactSet data
Three Arrows Capital Founders Launch Exchange Where You Can Trade 3AC Bankruptcy Claims
9.2.2023
Named Open Exchange, the platform aims to be a home for trading what it says is a $20 billion market of claims against bankrupt crypto firms, including those of 3AC
Bitcoin Miners Surface for Air as Sliding Natural Gas Price Provides Cost Relief
9.2.2023
Energy producers finally have incentives to work with bitcoin miners as the price of natural gas drops from historic highs
FanDuel Co-Founders Raise $4M for Digital Music Collectible Startup Vault
9.2.2023
The funding round for VAULT was led by Placeholder VC
Bank of America: Innovation to Expand Decentralized Finance Functionality Over Time
9.2.2023
Developer activity and adoption is the key to success, the report said
Bitcoin Exchange LocalBitcoins to Close, Citing Market Conditions
9.2.2023
The Finnish exchange is set to close this month as it reacts to the "ongoing very cold crypto winter."
Crypto Protection Firm Coincover Raises $30M
9.2.2023
Silicon Valley investment firm Foundation Capital led the funding round
Bankrupt Crypto Lender BlockFi Takes Two-Thirds Haircut to Settle Bitcoin Miner Bitfarms' Debt
9.2.2023
The miner had recently warned it might stop paying off the debt to BlockFi
DeFi Giant MakerDAO to Introduce Aave Rival Dubbed Spark Protocol
9.2.2023
MakerDAO, the DeFi organization that facilitates the generation of the DAI stablecoin, is releasing Spark Protocol – a lending platform that will rival Aave
Stablecoin Issuer Tether Reports $700M Profit for Q4 2022
9.2.2023
Its assets as of Dec. 31 stood at $67 billion, with liabilities of $66 billion, almost all of which relates to digital tokens issued
CEO of Bitcoin Miner Argo Steps Down
9.2.2023
The troubled mining firm had to sell its biggest facility to stave off bankruptcy
Coinbase's CEO Cites 'Rumors' the SEC May Ban Crypto Staking for Retail Customers
9.2.2023
"I hope that's not the case as I believe it would be a terrible path for the U.S. if that was allowed to happen," Brian Armstrong tweeted Wednesday
Robinhood’s Crypto Revenue Declined 24% to $39M in Q4
8.2.2023
The online trading broker overall missed both earnings and revenues estimates for the quarter
Payments Company Affirm Is Shutting Down Its Crypto Business
8.2.2023
During the bull market of 2021, Affirm had joined a number of fintech firms in offering clientele the ability to buy and sell crypto
Robinhood Board Authorizes Purchase of Shares Bought by FTX’s Sam Bankman-Fried, Gary Wang
8.2.2023
The online brokerage firm is planning to buy most or all of the 55 million shares previously owned by holding company Emergent Fidelity Technologies