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Arbitrum-Based Radiant Capital Targets Outsized Platform Profitability With V2 Launch
10.2.2023
Radiant has already generated $5 million in fees for users since its July launch
Major Crypto ATM Operator Coin Cloud Files for Bankruptcy
9.2.2023
One of the largest cryptocurrency ATM operators, Coin Cloud, which claims to operate more than 5,000 crypto ATMs, has filed for bankruptcy in the U.S. The company’s largest creditor is Genesis Global Trading, whose parent company also recently filed for bankruptcy in the U.S. Coin Cloud Files...
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
Deutsche Bank's DWS eyes 2 German crypto firms for investment: Report
8.2.2023
Companies negotiating with DWS Group include Deutsche Digital Assets, a crypto exchange-traded products provider, and market maker Tradias
3AC founder has 'chosen to ignore his duties' by not responding to subpoena, say bankruptcy lawyers
8.2.2023
According to the filing, Kyle Davies was “without question” aware of the subpoena posted to Twitter, citing the 3AC founder's online activity and attempts to raise funds for GTX
3AC Co-Founder Kyle Davies Fails to Respond to Liquidators’ Subpoena Despite Twitter Delivery
8.2.2023
According to recent court filings, Kyle Davies, co-founder of the defunct cryptocurrency hedge fund Three Arrows Capital (3AC), has allegedly failed to respond to a subpoena from the firm’s current liquidators, despite it being sent via Twitter. Representatives from advisory company Teneo...
Elementus Raises $10 Million to Bring Clear Blockchain Analytics to Institutional Customers
8.2.2023
Elementus, a New York-based blockchain firm, has raised $10 million as part of its Series A-2 funding round, led by Web3 VC company Parafi Capital. The raise, which values the company at $160 million, aims to allow Elementus to keep improving its processes for providing effective and sound...
South Korean officials traveled to Serbia to find Do Kwon
8.2.2023
The South Korean prosecutor's office reportedly admitted that the reports one of its team visited Serbia “aren’t false.”
DCG offloads Grayscale shares to raise capital: Report
8.2.2023
The purported sales are the latest measures the embattled firm has taken following moves in recent months to raise capital and preserve liquidity
VC Roundup: ZK proofs, DeFi protocol and longevity DAO attract investment
7.2.2023
Venture capital deals slowed in the second half of 2022 amid the bear market. However, behind the scenes, blockchain startups continue to build
Long-standing crypto project vs. scam: Ava Labs CEO shares key difference
7.2.2023
Ava Labs CEO has condemned players that jump into every single new coin offering or token in the hopes that they will go up
a16z votes against proposal to deploy Uniswap V3 on BNB Chain
5.2.2023
The venture firm used its 15 million UNI holding against the deployment using the Wormhole bridge
Google Backs AI Firm Anthropic With $300 Million, Following Series B Investment From Controversial FTX Co-Founder
4.2.2023
As the artificial intelligence (AI) wars intensify, the AI firm Anthropic has raised $300 million from Google and sources say that the tech giant will get roughly a 10% stake in the AI company. Interestingly, in April 2022, Anthropic raised approximately $500 million from sources including...
'Crypto summer' likely to start in Q2 2023, Morgan Creek Capital CEO says
3.2.2023
Bitcoin's bull market is likely to start earlier than expected due to anticipation of the BTC halving and favorable macroeconomic conditions, according to Mark Yusko, founder and CEO of Morgan Creek Capital Management
Addressable Raises $7.5 Million to Help Web3 Marketers Reach Their Audiences
3.2.2023
Addressable, a decentralized marketing startup, has raised $7.5 million in its seed round to tackle the current marketing woes in the Web3 area. The company claims its software can pair the onchain addresses of users with their social accounts, giving Web3 marketers more knowledge about their...
London Crowned World’s Leading Cryptocurrency Hub, According to Study
2.2.2023
According to research from Recap, a cryptocurrency tax software company, London has become the world’s leading hub for cryptocurrencies. The researchers analyzed eight indicators, including the number of cryptocurrency businesses and the quantity of cryptocurrency ATMs in each country....
Crypto VC Firm Arrington Capital Hires BitMEX Alum as Investment Head
1.2.2023
Bhavik Patel previously headed product and derivatives for the crypto exchange
US Senators Demand Answers from Silvergate Capital Corp Over FTX's Misuse of Customer Funds
1.2.2023
US senators have turned their focus to Silvergate Capital Corp. yet again, saying that the company's responses to a previous inquiry over its ties to the fallen FTX exchange were “evasive and incomplete.”
According to Bloomberg, senators from both sides of the aisle are demanding to know whether...
Ethereum to Reach Peak of $2,474 Per Token in 2023, Finder’s Survey of Crypto and Fintech Experts Reveals
31.1.2023
Seven days ago, finder.com, a product comparison website, published a forecast report based on predictions from several crypto and fintech experts, predicting bitcoin’s year-end price for 2023. Following the bitcoin price prediction report, Finder released another survey focused on ethereum...
Arbitrum-Based Vest Exchange Emerges, Aims to Democratize Perpetual Futures
31.1.2023
A new decentralized exchange (dex) on Arbitrum, called Vest Exchange, was announced this past weekend, and the team that created the project said the platform aims to focus on democratizing perpetual futures. The team behind Vest further detailed that the new Arbitrum dex is backed by firms such...