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Celsius is ‘Deeply Insolvent,’ Alleges Vermont Department of Financial Regulation
13.7.2022
The troubled lender lacks the assets and liquidity to honor its obligations to investors, DFR said
A16z, Variant Lead $18M Round for Lending Protocol Morpho Labs
12.7.2022
The protocol enhances existing lending protocols like Compound and Aave with peer-to-peer liquidity
BlockFi Has Stopped Accepting GBTC as Collateral: Report
12.7.2022
The company's exposure to the Grayscale Trust is now minimal, says CEO Zac Prince
Multicoin Capital Announces $430 Million Venture Fund for Crypto Startups
12.7.2022
The venture capital giant’s latest fund – in combination with already existing vehicles at Multicoin – will invest $500,000-$1 million in early-stage projects, and up to $100 million or more for more mature opportunities
U.S. Bankruptcy Court Approves Foreign Administrator for Three Arrows Capital's Debt
12.7.2022
The beleaguered hedge fund has been ordered to be liquidated in the British Virgin Islands
Solana-Based STEPN Reports $122.5M in Q2 Profits
12.7.2022
The team will use 5% of the profits to initiate a buyback and burn program of its native GMT tokens
Animoca Brands Raises Further $75M, Nudging Valuation to $5.9B
12.7.2022
Non-fungible token (NFT) and metaverse investor Animoca Brands has raised a further $75 million, pushing the firm's value to $5.9 billion
Lightspeed Venture Partners Launches New Funds Totaling Over $7B
12.7.2022
The venture capital firm also announced Lightspeed Faction, an independent team focused on early-stage blockchain infrastructure projects
Shanghai Plans to Cultivate $52B Metaverse Industry by 2025
12.7.2022
Shanghai city authorities released a policy paper setting out a plan to create a $52 billion metaverse industry by the end of 2025
Dragonfly Capital Leads $7.5M Round for Quadrata’s Identity Passport
12.7.2022
The startup offers verifiable yet private identity passports for Web3 users
Gnosis Safe Rebrands as Safe, Raises $100M
12.7.2022
Digital asset management platform Gnosis Safe has raised $100 million from investment heavyweights including Coinbase Ventures, Tiger Global, Lightspeed and Digital Currency Group
Solana’s Macalinao Brothers Launch $100M VC Fund
12.7.2022
Protagonist, the new venture capital firm and incubator from the prominent developers, will primarily focus on emerging blockchains and technology
Three Arrows Founder Says Attempt to Work With Liquidators Met With 'Baiting'
12.7.2022
In a first tweet since the crypto hedge fund imploded, Three Arrows co-founder Su Zhu posted screenshots from legal counsel that said the fund's principals are willing to work with liquidators
BitMEX Delays BMEX Listing Citing 'Market Conditions'
12.7.2022
The exchange said trading will be rescheduled after market conditions improve
Brazilian Fintech PicPay to Launch Crypto Exchange, Real-Tied Stablecoin
12.7.2022
The company, which has 30 million active users, will offer bitcoin, ether and USDP trading
Security Token Platform Tokensoft Launches Web-3-Enabled Platform, Tokensoft V2, on Ethereum, Avalanche
12.7.2022
Tokensoft hopes to deploy its platform for user-led token sales on ten chains by the end of the year
GameStop Boss Celebrates NFT Marketplace Days After Laying People Off
12.7.2022
GameStop celebrated the launch of its NFT marketplace on Monday. Its Ethereum-based depot for virtually autographed JPEGs arrived just days after the meme stock giant ruthlessly laid off more employees, and based on my short tour through its website, it’s also still a little broken in places.Read...
Crypto miners in Texas shut down operations as state experiences extreme heat wave
11.7.2022
ERCOT reported that wind generation in Texas was “generating significantly less," potentially leaving the state unable to meet energy demands during triple-digit temperatures
Web 3 Startup Mysten Labs Aiming For $2B Valuation in Latest Funding: Report
11.7.2022
The startup founded by veterans of Facebook's crypto unit is reportedly raising at least $200 million led by FTX Ventures
GameStop’s NFT Marketplace Goes Live
11.7.2022
The NFT marketplace follows GameStop’s digital asset wallet launch