Alex Dovbnya Visa and Mastercard have put their plans to establish new partnerships with digital asset firms on hold, dealing another blow to beleaguered crypto industry after bankruptcies of FTX and ...
Tag: Deals
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...
Conflux raises $10 million from DWF Labs in token round
Conflux, a Layer 1 blockchain developer, raised $10 million from DWF Labs. The investment will help Conflux expand its technology and grow its user base, DWF Labs said Wednesday. Conflux co-foun...
The Brandon Nimmo And Jeff McNeil Deals Signify The New Era New York Mets
Flushing, N.Y.: New York Mets Brandon Nimmo pointing to the dugout after hitting an RBI single to … [+] put the Mets up one run in the bottom of the 4th inning against the San Diego Padres in th...
Cumberland Labs backed Hashnote launches regulated DeFi platform
Deals • February 28, 2023, 9:00AM EST A regulated decentralized finance (DeFi) platform for institutions, Hashnote, launched after a $5 million incubation with early stage blockchain investor Cumberla...
Voyager agrees to reserve $445m after suit from Alameda Research
Legal • February 27, 2023, 6:06PM EST Published 1 hour and 30 minutes earlier on Defunct crypto lender Voyager Digital agreed to reserve $445 million after the firm was sued by bankrupt trading firm A...
Voyager transferred $154 million USDC off Coinbase this month, Arkham Intelligence says
On-chain data shows that Voyager’s assets are on the move amid the company’s bankruptcy proceeding. Around $154.4 million in USDC was transferred to the shuttered exchange’s &#...
Binance bites back against Forbes report claiming transfer of $1.8 billion in client collateral
Binance denied using client assets without consent after a Forbes report said the crypto exchange moved “$1.8 billion of collateral meant to back its customers’ stablecoins.” Forbes ...
Vauld gets yet another creditor protection extension until March 24
Published 40 minutes earlier on Asian crypto lender Vauld received a further extension to its legal protection from creditors at a Singapore High Court hearing on Monday — albeit a shorter delay than ...
New home buyers are backing out of deals. Why?
As mortgage rates inch closer to 7%, hundreds of thousands of inflation-weary homebuyers across the U.S. are backing out of deals. Nationwide, the number of newly pending contracts to buy a home plung...
Cathie Wood’s Ark Invest adds $3.9 million worth of COIN
Deals • February 23, 2023, 9:10PM EST Ark Innovation ETF added 53,783 Coinbase shares, while fellow fund, Ark Next Generation Internet ETF, added 9,802 shares, the company’s latest filing shows. ...
Base Protocol’s token jumps 250% despite no affiliation with Coinbase
Base Protocol’s token skyrocketed today, reaching a high of nearly $7.50 around 11:30 a.m EST after months of price stagnation below $1. The spike may have been caused by a misunders...
Sequoia Capital, ‘Inspector Gadget’ creator hit by FTX class-action lawsuit
Sequoia Capital, the creator of “Inspector Gadget,” Signature Bank and others linked to defunct crypto exchange FTX were slapped with a class action lawsuit this week, which alleges the defendants kne...
Tencent Cloud enters Web3, strikes deals with Avalanche, Ankr
Tencent Holdings’ cloud service provider, Tencent Cloud, has announced its interest and entry into web3. Tencent Cloud enters web3 Tencent Cloud, a global cloud service provider of China’s leading int...
Federal Trade Commission investigates Voyager’s ‘deceptive and unfair’ crypto marketing
Legal • February 22, 2023, 10:52AM EST The Federal Trade Commission is investigating crypto broker Voyager Digital, the agency said in a bankruptcy court filing. The FTC is investigating Voyager...
Web3 database developer Polybase raises $2 million in pre-seed funding
Deals • February 22, 2023, 9:01AM EST Published 30 minutes earlier on Polybase, a crypto startup developing a privacy-focused decentralized database, raised $2 million in a pre-seed funding round. ...
Crypto hedge fund Galois Capital shuts after getting caught up in FTX saga: FT
Galois Capital, a crypto hedge fund that had half of its assets trapped on the collapsed crypto exchange FTX, is reportedly shutting down and returning its remaining money to investors. “G...
Blockchain.com not selling subsidiaries, never spoke to Coinbase: Source
Deals • February 17, 2023, 6:35PM EST Published 1 hour and 20 minutes earlier on Blockchain.com isn’t selling any subsidiaries and hasn’t spoken to Coinbase about possible deals, a person ...
Sam Bankman-Fried is embroiled in legal drama. FTX is moving on without him.
Beleaguered crypto exchange FTX is charging ahead in bankruptcy court, preparing for high-profile clawbacks to begin at the end of the month. Meanwhile, the company’s former CEO could lose most...
Former FTX exec Nishad Singh plans to plead guilty to criminal charges: Bloomberg
Legal • February 17, 2023, 2:43PM EST A third former FTX executive is preparing to plead guilty to criminal charges, Bloomberg reported. Nishad Singh, the former director of engineering at FTX, ...
Gate.io integrates with Copper’s ClearLoop network amid fresh focus on custody
Crypto exchange Gate.io is partnering with digital asset custody firm Copper.co to fully integrate with its ClearLoop solution in a move that will allow users to quickly execute trades while maintaini...
Norway’s crypto bust deals blow to North Korean hackers
Norway’s economy crimes unit, Økokrim, just pulled off a digital heist of their own by seizing a whopping NOK 60 million (or $5.9 million) in cryptocurrency. This breakthrough comes as part of their o...
Bitcoin reaches $25,000, its highest price since June
DeFi • February 16, 2023, 11:21AM EST Bitcoin was trading at $25,108 by 11 a.m. EST, up 3.1% over the past day, according to TradingView data. That’s its highest price since June 2022. ...
Stanford University’s Larry Kramer and Andreas Paepcke co-signed Sam Bankman-Fried’s bond
A pair of Stanford University academics co-signed FTX founder Sam Bankman-Fried’s bond, according to court documents unsealed on Wednesday. Larry Kramer, dean emeritus of Stanford Law School, s...
Banks limit deals with crypto firms amid rising regulation
As per an S&P report, banks have started limiting their interactions with crypto firms. However, firms like Coinbase will continue operations as normal. Banks in the traditional finance sector ar...
Judge denies request for FTX bankruptcy examiner
A judge denied a request to appoint an independent examiner in FTX’s bankruptcy case, noting that one would be too expensive when multiple investigations into the troubled crypto exchange are underway...
here’s what top crypto VCs anticipate for 2023
Episode 10 of Season 5 of The Scoop was recorded remotely with The Block’s Frank Chaparro, CoinShares CSO Meltem Demirors, and Aglaé Ventures’ Managing Partner Vanessa Grellet. Liste...