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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...
Hackers Stole $3.8 Billion From Crypto Firms in 2022, Says Chainalysis
4.2.2023
Blockchain analytics firm Chainalysis says 2022 was “the biggest year ever for crypto hacking,” with $3.8 billion stolen from cryptocurrency businesses. The firm added that decentralized finance (defi) protocol hacks accounted for 82.1% of all cryptocurrency stolen by hackers during...
Crypto VC Firm Pantera Loses Co-CIO Joey Krug
3.2.2023
A newly-formed executive committee will absorb Krug’s duties, according to a letter to limited partners
Crypto Software Firm President: We're Trying to Make California’s DMV More Efficient With Blockchain
2.2.2023
Car titles that once lived on paper will be reflected as digital assets on-chain, reducing the need for paper title transfers. Andrew Smith, president of blockchain software company Oxhead Alpha, discusses why his firm is turning to the Tezos blockchain to build out the protocol
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...