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Crypto Exchange HTX Lost $8M of Ether Due to a Hack, Justin Sun Says
25.9.2023
HTX, formerly Huobi, has been hacked with the total loss totaling 500 ether (ETH) worth around $8 million, according to HTX advisor and Tron founder Justin Sun
Coinbase Sought to Buy FTX Europe for Its Derivatives Business, Report
24.9.2023
Leading U.S. crypto exchange Coinbase pursued the acquisition of failed coin trading competitor FTX’s European subsidiary, a media report revealed. The move has been seen as proof of the growing importance of derivatives for the American platform’s plan to expand business globally....
How are crypto firms responding to US regulators' enforcement actions?
23.9.2023
Prometheum was purportedly "purpose-built to comply with federal securities laws" and has avoided lawsuits from the SEC when compared with firms like Binance and Coinbase
Coinbase Has Recently Held Talks to Buy FTX Europe: Fortune
22.9.2023
European Crypto Asset Manager CoinShares to Enter U.S. Hedge Fund Fray
22.9.2023
CEO Jean-Marie Mognetti described the move as "a natural progression", given the "changing macro environment prominently marked by interest rates and inflation."
FTX Sues Former Employees of Hong Kong Affiliate, Seeks $157 Million
22.9.2023
The bankrupt crypto exchange has sued former employees of Salameda, a Hong Kong-incorporated affiliate, to recover about $157.3 million
Bankrupt Bitcoin Miner Core Scientific to Buy 27K Bitmain Servers for $77M
22.9.2023
Bitcoin miner Core Scientific (CORZQ) has agreed to exchange $23.1 million in cash and $53.9 million in common stock for 27,000 Bitmain S19J XP 151 TH bitcoin mining servers, according to a press release
Nouns DAO’s $27M Revolt Reveals Toxic Mix of Money-Hungry Traders and Blockchain Idealists
21.9.2023
It wasn't only the $90,000 spent on naming rights for a rare Ecuadorian frog species that turned off members of this decentralized blockchain-powered community project; some savvy arbitrageurs just wanted their share of the project's treasury
‘You Can Do Nothing’: Crypto Trading Titans Are Yelling at Each Other on Elon Musk’s X
21.9.2023
“I never thought that you could be THAT scared of us,” DWF’s Andrei Grachev posted on X. Wintermute’s Evgeny Gaevoy: “We are trembling in your presence.”
Tether acquires stake in Bitcoin miner Northern Data, hinting at AI collaboration
21.9.2023
The strategic investment into Northern Data through Tether group company Damoon may involve collaborations leveraging AI, P2P communications, and data storage solutions
Ubisoft Announces The Division 3, Adding To Its Pile Of Unreleased Division Games
21.9.2023
Ubisoft just announced a new entry in its popular third-person tactical military online looter shooter series, The Division. You probably didn’t notice The Division 3 was revealed because Ubisoft buried the news inside a corporate press release announcing a new executive producer for the “Division...
Top 3 Crypto Myths Tackled for Advisors
21.9.2023
Christopher Jensen from Franklin Templeton tackles myths about crypto in the Crypto for Advisors newsletter
Stablecoin Issuer Tether Ventures Into AI With Northern Data in $427M Nvidia Chip Splurge
21.9.2023
Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud computing
NEAR Foundation’s Marieke Flament Steps Down as CEO
21.9.2023
General Counsel Chris Donovan will assume her role at the organization behind the NEAR protocol
Galaxy Digital Eyes European Expansion With New Regional CEO
21.9.2023
Mike Novogratz's firm has appointed Leon Marshall, its existing global head of sales, as its first European CEO
Ripple wants to turn every eCommerce store into a crypto-friendly business
21.9.2023
The trading universe is quickly developing, and digital currencies have become a revolutionary power in reshaping how we manage online exchanges. Cryptocurrencies have attracted significant investment due to their borderless appeal and decentralized nature. Ripple is one company at the forefront...
DraftKings' Billionaire-Backed Crypto Analytics Firm CoinScan Raises $6.3M
21.9.2023
The company is backed by Shalom Meckenzie, the largest individual shareholder in sports betting company DraftKings
Optimism Foundation Sells $157M OP Tokens, Citing 'Treasury Management'
21.9.2023
The foundation behind layer 2 blockchain Optimism has sold 116 million OP tokens ($157 million) to seven separate purchasers, according to an announcement on the Optimism governance website
Mt. Gox Pushes Repayment Deadline by a Year
21.9.2023
The defunct crypto exchange has delayed the deadline for repayments to Oct. 31, 2024
PayPal rolls out PYUSD stablecoin to Venmo users
20.9.2023
The payments platform said PayPal USD will be “rolling out fully in the coming weeks” after announcing its launch on Venmo