Polychain Capital leads web3 dev tool provider Cubist’s $7 million raise

Cubist secured $7 million in a seed round for its project which aims to help make web3 development easier. The seed round is led by Polychain Capital and also sees participation from Dao5, Polyg...

JD stock rises after profit beat and dividend initiated, while revenue comes up shy

The U.S.-listed shares of JD.com Inc. JD, +0.88% rose 1.0% in premarket trading Thursday, after the China-based ecommerce company beat fourth-quarter profit expectations and initiated a dividend, but ...

Alameda Research to sell interest in Sequoia Capital for $45M to Abu Dhabi

The latest update in the FTX bankruptcy case comes as a new deal was struck between the defunct cryptocurrency exchange and Abu Dhabi. A court document from the United States Bankruptcy Court for the ...

Silvergate Capital Corporation Voluntarily Liquidates Bank Assets

31 seconds ago | 2 mins read Bitcoin News Silvergate winds down and is in process of voluntary liquidation. Bank plans to repay all the deposits after the liquidation. Silvergate, the crypto-friendly ...

Silvergate Capital to Liquidate Bank Amid Regulatory Crackdown

Silvergate Capital, a central lender to the cryptocurrency industry, has announced the winding down of its operations and the liquidation of its bank. The company is one of the two primary banks for c...

Biden wants to double capital gains and clamp down on crypto wash sales: Reports

U.S. President Joe Biden’s upcoming budget proposal has a few surprises for crypto traders and investors, including a proposed doubling of capital gains and a crackdown on crypto wash sales.  The Bide...

Silicon Valley Bank launches $2.25bn share sale to shore up capital base

Silicon Valley Bank has launched a $2.25bn share sale after suffering a large loss on its portfolio of US Treasuries and mortgage-backed securities, as the technology-focused lender grapples with risi...

Silvergate Capital will liquidate after crypto collapse wipes out bank

Silvergate Capital (SI) said Wednesday afternoon it will wind down operations and voluntarily liquidate its bank after a collapse in the crypto market saw billions in deposits leave the bank in recent...

Silvergate Capital Corporation will ‘voluntarily liquidate’ Silvergate Bank

The parent company of Silvergate Bank, known to many in the space as one of the major crypto banks, has announced plans to “wind down operations” and liquidate the bank. In a March 8 announcement, Sil...

Pension Fund-Backed Parataxis Capital Shakes Off Crypto Winter With New Fund

Parataxis was able to avoid exposure to FTX’s collapse due to its policy of not trading on offshore exchanges, said Chin, and didn’t face a rush of redemptions from investors. Though crypto is o...

Token-based Compensation and Payroll Platform Toku Inc. Raises $20 Million from Blockchain Capital to Expand Global Tax Compliance Offering

TOKYO–(BUSINESS WIRE)–Toku Inc, the comprehensive and global solution for token payroll and tax compliance, today announced it has raised $20 million from a consortium led by Blockchain Capital with P...

Qualcomm stock bounces after dividend raised, boosting yield to nearly 2.7%

Shares of Qualcomm Inc. QCOM, +0.66% gained 0.4% in premarket trading Wednesday, a day after closing at a seven-week low, after the semiconductor maker raised its quarterly dividend by 6.7%, to 80 cen...

United Natural Foods stock plunged toward a 1 1/2-year low after big earnings miss and lowered full-year outlook

Shares of United Natural Foods Inc. UNFI, -0.92% plunged 20.8% toward a 19-month low in premarket trading Wednesday after the grocery wholesaler reported fiscal second-quarter profit that missed by a ...

Crypto Seen as Investment Opportunity in the MENA Region Says Iceberg Capital Executive Chairman – Interview Bitcoin News

While interest in digital assets has waned in some parts of the world, in the Middle East and Northern Africa adoption of crypto has been skyrocketing according to Mustafa Kheriba, the executive chair...

Galaxy Digital has excess capital after acquisitions, needs to get them right before spending again

Galaxy Digital has leftover capital after its two infrastructure acquisitions late last year, but plans on getting it right with those first investments, co-president Chris Ferraro said. In Dece...

Silvergate faces bankruptcy concerns amid capital flight

Crypto bank Silvergate may halt operations after it issued a warning last week stating it could be short of capital. Silvergate deposits drop by 42% Silvergate Capital Corp on Jan. 17 announced a stee...

Investment Firm Multicoin Capital Reportedly Suffered 91.4% Loss in 2022

12 mins ago | 2 mins read Bitcoin News Multicoin recorded a 100.9% gain for the fund in January 2023. The letter goes on to describe the various measures Multicoin has implemented. A copy of Multicoin...

Here’s what could happen next to crypto-friendly bank Silvergate Capital

Once a crucial banking partner for the crypto firms, Silvergate Capital (SI), is now on the cusp of failure. The La Jolla, California-based company said Friday evening that it’s suspending its S...

Capital Gains and Dividend Tax Rates for 2022-2023

Investors who have taxable accounts—as opposed to tax-favored retirement accounts such as individual retirement accounts (IRAs) or 401(k)s—are often eligible for lower tax rates on investment income a...

Orbeon Protocol disrupt venture capital with 6000% presale predictions

Many cryptocurrency projects are being launched on the market nowadays. So many that finding a winning project is almost impossible. However, if you look at the Orbeon Protocol (ORBN) project closely,...

Bitcoin Kicks Off March in The Green as Crypto Markets See Favorable Capital Inflows ⋆ ZyCrypto

Advertisement &nbsp &nbsp As March begins, Bitcoin has had traders honing in on the belief the top crypto asset could be completing its period of consolidation before the next...

3M’s stock surges after company says 90% of earplug plaintiffs had ‘normal’ hearing

Shares of 3M Co. surged Wednesday after the maker of consumer, industrial and healthcare products said the U.S. Department of Defense’s records show that the “vast majority” of claimants in litigation...

Figment Capital seeks $50 million for second venture fund: source

Published 30 minutes earlier on Figment Capital, a crypto investment firm and a spin-off of staking infrastructure provider Figment, is launching its second fund. The firm, spun out of Figment I...

Bed Bath & Beyond stock plunges more than 50% in February, the second-worst monthly performance in its history

Shares of Bed Bath & Beyond Inc. BBBY shed 5.7% in afternoon trading Tuesday, putting them on track to suffer the biggest monthly decline in nearly three years, or well before the “meme”-stock roc...

Tycoon Tony Fernandes’ Capital A Posts First Quarterly Profit Since The Pandemic Amid Travel Rebound

Capital A CEO Tony Fernandes Courtesy of AirAsia Capital A—controlled by Malaysian tycoons Tony Fernandes and Kamarudin Meranun—reported its first quarterly profit since the pandemic grounded most of ...

Novavax stock shedding a quarter of its value as vaccine maker’s business in ‘substantial doubt’

Novavax Inc. shares shares sank in the extended session Tuesday after the biotech drug maker posted more than double the loss that analysts expected, and reorganized with concerns it may not be in bus...

Black real estate developers get access to big capital

Black Americans represent less than 5% of residential real estate developers, largely because they can’t get equal access to capital, according to a recent report by the Urban Land Institute. In...

‘Gut Health Is A Women’s Issue,’ BelliWelli On Raising New Capital To Amplify Science Of Gut-Brain Axis

Katie Wilson, cofounder of gut-friendly snacks brand BelliWelli, promises to advocate for women’s … [+] mental health. BelliWelli A growing number of research linking brain functions to gu...

Mangrove raises $7.4 million Series A to enable market makers to operate without locked capital

Mangrove raised a $7.4 million Series A round to build out its order book-based decentralized exchange with its “offer-is-code” approach to liquidity provisioning. Cumberland and Greenfiel...

Burger King Welcomes Expertise, Capital Of Domino’s Veteran Doyle

A Burger King restaurant. RBI Burger King has tilted at Wendy’s for years in an up-and-down battle for the spot as the world’s No. 2 burger chain after McDonald’s. Now Patrick Doyle comes along to giv...

Ready Capital and Broadmark Realty Capital to merge and create company with equity capital base of $2.8 billion

Real estate finance company Ready Capital Corp. RC, -14.24% and Broadmark Realty Capital Inc. BRMK, +17.09% said Monday they have agreed to merge in a deal that is expected to create a company with a ...

Mysten Labs CEO Evan Cheng wants to do web3 venture capital better

Deals • February 27, 2023, 5:00AM EST Mysten Labs co-founder and CEO Evan Cheng confirmed on The Scoop podcast that he is exploring a web3 venture fund. “I’ve been working with a couple of...