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PayPal Ventures Leads $52M Round for Crypto Firm Magic
31.5.2023
The startup offers non-custodial wallet infrastructure for an enterprise client list that includes Macy’s and Mattel
Crypto firm Gemini picks Ireland as European base amid US crypto blues
26.5.2023
Cameron Winklevoss has predicted a “Cambrian explosion” in European innovation once regulations are rolled out
Bankrupt Crypto Firm Celsius May Receive Second Chance from Wall Street
19.5.2023
The now-bankrupt crypto lender Celsius Network may get a second chance with the help of Wall Street investment giants.
According to a Wall Street Journal article from Thursday, two groups of investment heavyweights are currently engaged in a bidding war for what remains of Celsius, close to a year...
Crypto Firm Hashkey Eyes $1 Billion Valuation, Capitalizing on Hong Kong's Digital Shift
19.5.2023
Hong Kong-based digital asset firm HashKey Group aims to raise funds at a valuation of more than $1 billion.
The company is in early-stage talks to raise $100 million to $200 million from potential investors, Bloomberg reported Friday, citing people familiar with the matter.
The deal...
Citadel Securities Suing Two Former Employees After They Left To Form a Crypto Firm
17.5.2023
Citadel Securities is suing two former employees after they left to form a cryptocurrency market-making firm.
One of the world’s largest market makers claims that Leonard Lancia and Alex Casimo started raising capital and building the trading firm Portofino Technologies, while still working...
Okx Introduces New Ordinals Marketplace Amid Bitcoin Inscription and BRC20 Buzz
16.5.2023
On Tuesday, the crypto firm Okx announced the launch of a new Ordinals marketplace. The platform is accessible via the Okx Wallet and will enable users to mint and trade Ordinal inscriptions and BRC20 tokens. While the Ordinals marketplace is still in its early stages, users can take advantage...
SEC Seeks to Slash $22M Fine on Crypto Firm LBRY to $111K
15.5.2023
A U.S. judge ruled in November that the crypto startup had violated securities laws by selling its native LBC token without registering with the SEC
Billionaire Mike Novogratz's Galaxy Digital Crypto Firm Reports $134 Million Profit in Q1 2023 – Crypto Bull Market Back?
10.5.2023
Crypto bull Mike Novogratz’s firm Galaxy Digital reported a profit of $134 million in the first quarter of this year, missing analysts’ expectations.
Galaxy’s earnings per share (EPS) for the quarter came in at $0.55, missing an estimate by analysts of $0.76....
Read More: Billionaire Mike...
Private-Equity Giant Apollo Is Part of a Bid to Buy Bankrupt Crypto Firm Celsius
8.5.2023
The $500 billion-plus firm is involved in NovaWulf's offer for Celsius, according to a person familiar with the matter
Twitter Founder Jack Dorsey's Crypto Firm Partners with Paxful's Ray Youssef for P2P Marketplace Venture
6.5.2023
Jack Dorsey's crypto firm TBD has partnered with Paxful co-founder Ray Youssef to launch a decentralized peer-to-peer (P2P) crypto trading platform.
The new venture, called Civilization Kit (Civ Kit), will be built on Nostr, a decentralized network protocol for distributed and free social...
Crypto Firm FARE Protocol Raises $6.2M Ahead of Token Launch
1.5.2023
The fundraise was led by C Squared Ventures and Goat Capital, the firm co-founded by Twitch founder Justin Kan
S&P Global, Coinbase Back $6M Fundraise for Crypto Firm Credora
25.4.2023
The startup provides technological infrastructure for institutional credit across centralized and decentralized finance
Crypto firm Mawson sells Texas sites for $8.5M ahead of vote on anti-mining bill
19.4.2023
A Singapore-based fund manager will purchase Mawson Infrastructure Group's Texas subsidiary and said it will participate in the state energy grid’s load response program
Billionaire Mike Novogratz's Crypto Firm Announces $1 Billion Loss – Here's What Happened
29.3.2023
Mike Novogratz’s crypto investment firm Galaxy Digital lost a whopping $1 billion on its investment last year due to “depressed market conditions.”
The $1 billion loss was primarily a result of unrealized losses on certain investments in Galaxy Digital’s primary investments portfolio, the company...
Sygnum sees increased crypto firm inquiries after US banking giants collapse
23.3.2023
The Swiss crypto bank, however, would stick to its policy of not onboarding U.S. clients as they focus on its core target market
US lawmakers reiterate concerns about 'sham' crypto firm audits to PCAOB
22.3.2023
Two U.S. senators cited the collapse of FTX when writing to the PCAOB chair Erica Williams in January, but now suggest improper auditing could have affected three banks as well
Crypto Firm Anchorage Digital to Lay Off 20% of Staff Citing US Regulatory Uncertainty – Here's What You Need to Know
15.3.2023
Anchorage Digital, a crypto bank based in San Francisco, is making substantial staff cuts in response to the current downturn in the crypto market and regulatory uncertainty in the United States.
According to Bloomberg, the company is laying off 75 employees, or roughly 20% of...
Three Arrows Capital-Affiliated Crypto Firm Raises $100 Million for New Liquid Token Fund – Here's What You Need to Know
14.3.2023
DeFiance Capital has reportedly raised $100 million for its liquid token fund.
On Monday, The Block reported that the crypto investment firm completed the first close of the new fund, citing "two sources with direct knowledge of the matter". ...
Read More: Three Arrows Capital-Affiliated Crypto...
Former CEO of Troubled Crypto Firm Creates New Stablecoin – How Does it Work?
14.3.2023
Flex Yang, the former CEO and founder of Babel Finance, has introduced a new decentralized stablecoin backed by crypto-native reserves and an entire DeFi ecosystem built around it.
Yang claimed the Hope stablecoin blends centralized finance (CeFi), decentralized finance (DeFi) and traditional...
France on the verge of passing stringent crypto firm licensing laws
1.3.2023
The bill was passed with a vote of 109 in favor and 71 against and will now rely on the approval of president Emmanuel Macron to be signed into law