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Fund Management Giant State Street Increases Stake in Silvergate to 9.3%
2.2.2023
State Street disclosed a 9.3% stake in troubled crypto lender Silvergate Capital (SI) as of Dec. 31, according to a filing Thursday with the Securities and Exchange Commission (SEC)
Blockchain Analytics Firm Chainalysis to Cut Jobs in Reorganization
2.2.2023
The cuts will reportedly affect less than 5% of Chainalysis' staff, or about 40-50 people
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 Custody Firm Copper Alerted to Security ‘Incident’ Over Christmas
1.2.2023
Copper said some “concerning behavior” had been detected, and that a “machine-generated alert had been triggered.”
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
Bitcoin and Hang Seng's Stalled Rally Might Mean Wider De-Risking Ahead, TradFi Firm Says
1.2.2023
Failures in BTC and Hang Seng are technical warnings signs that these early 2022 halcyon vibes may not last all year, one observer said
Rally Crypto Firm Pulls the Plug on Its Sidechain as Crypto Industry Struggles – Here's What Happened
1.2.2023
Social token platform Rally has announced the closure of its sidechain operations due to a lack of funding. The project warned users that their crypto assets will become stranded as tokens on the Rally sidechain are not transferable to mainnet....
Read More: Rally Crypto Firm Pulls the Plug on...
82% of Millionaires Ask About Putting Crypto in Their Portfolios, Survey Shows
1.2.2023
Asset management firm Devere Group says that 82% of millionaires surveyed have asked their financial advisors about adding cryptocurrencies, such as bitcoin, to their portfolios despite the crypto winter. “Wealthy investors understand that digital currencies are the future of money, and they...
Grayscale Crypto Firm in Hot Water Again as New GBTC Lawsuit Filed by Osprey – Here's What You Need to Know
31.1.2023
Grayscale, the digital asset management firm that is part of Barry Silbert’s crypto conglomerate Digital Currency Group (DCG), is in hot water after being sued by industry rival Osprey Funds over how it promotes the Grayscale Bitcoin Trust (GBTC) fund.
In the lawsuit, filed on January 30 with...
Alameda Research Seeks $446 Million Over Alleged ‘Preferential Transfers’ to Voyager Digital
31.1.2023
On Monday, Alameda Research Ltd. filed a legal complaint against Voyager Digital LLC and HTC Trading Inc. in the U.S. bankruptcy court. The complaint alleges the defendants received preferential transfers of property from Alameda Research and the plaintiffs are seeking to recover approximately...
Nic Carter's Castle Island Ventures Backs New Crypto VC Firm
31.1.2023
Breed VC closed its first fund with nearly $20 million in capital
South Korean Regulators Set to Carry out ‘Regular’ Crypto Firm Probes
31.1.2023
South Korean financial regulators will start conducting “regular” on-site inspections at domestic crypto firms this year. And they say they will investigate not only exchanges, but also wallet operators and crypto custody-related firms.
The announcement was made by the top financial regulator,...
Crypto Trading Firm Cumberland Can Trade Crypto With Canadian Dollars
30.1.2023
The move comes one week after Cumberland inked a deal Canada-based crypto platform BitBuy to boost liquidity on that exchange
Crypto-Focused VC Firm Pantera’s Liquid Token Fund Lost 80% in 2022
30.1.2023
The fund took a 23% hit in November in the aftermath of FTX's collapse
Web3 Security Firm Hypernative Secures $9M in Seed Funding
30.1.2023
The company also made public its first product, Pre-Cog, a platform aiming to uncover cyber, economic, governance and community threats before they can have an impact
S Korean Ministry, Local Law Firm & Samsung Affiliate Included on FTX Creditor List
30.1.2023
Several South Korean firms – and a major government organ – were named on the crypto exchange FTX’s long list of creditors.
The list includes the nation’s biggest law firm, a Samsung subsidiary, and the Ministry of the Environment, Seoul Shinmun reported....
Read More: S Korean Ministry, Local...
Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go
28.1.2023
The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited a “shift in the regulatory climate” and “industry-wide capitulations”...
Bitcoin Miner Gryphon to Go Public Via All-Stock Merger With Cannabis Firm Akerna
27.1.2023
Gryphon previously terminated plans to go public via a reverse merger with Sphere 3D
SBF allegedly used FTX money to invest $400M in obscure VC firm
26.1.2023
SBF’s Modulo investment was likely made using misappropriated money that FTX deposits by customers, U.S. prosecutors alleged
How a Crypto Quant Firm Shook Off the Bear Market – And FTX Exposure
25.1.2023
The two funds from Pythagoras Investment finished the turbulent year up 8%