Crypto trading company Cumberland said it had virtually no exposure to crypto exchange FTX, which has collapsed amid a liquidity crisis. FTX revealed that it had reached a breaking point on Nov....
Tag: Firm
Billionaire Sarath Ratanavadi’s Gulf Energy To Takeover Thai Satellite Firm For $292 Million
Sarath Ratanavadi, founder and CEO of Gulf Energy. Forbes Thailand Gulf Energy—controlled by billionaire Sarath Ratanavadi—is spending as much as 10.9 billion baht ($292 million) to take over satellit...
Bitcoin Mining Firm Iris Energy Receives $103M Default Notice
10 seconds ago | 2 mins read Bitcoin News The company’s average mining hash rate in October was 3.9 EH/s. As it stands, the company looks to have fallen on hard times due to a confluence of factors. B...
North Korean Hackers Attack On Israeli Crypto Firm
– Advertisement – Cybersecurity personnel has thwarted an attempted attack on an Israeli crypto firm masterminded by North Korean hackers. Hackers originating from North Korea recently a...
European crypto venture firm LeadBlock Partners hits first close of $150 million fund: Exclusive
LeadBlock Partners, a venture capital firm based in London and Paris, completed the first close of its new fund, which has a target value of $150 million (€150 million). Founded only two years a...
Amber Group Announced its new Partnership With This Digital Firm
Earlier this month, Amber Group announced its partnership with Talos Trading. This partnership will integrate the liquidity venue of Amber Group’s digital asset platform, WhinFin, into Talos. On Novem...
Circle Starts Moving USDC Reserves Into a Blackrock-Managed Fund, Firm Expects to Be ‘Fully Transitioned’ Next Year – Bitcoin News
According to the crypto firm Circle Internet Financial, the company is “deepening” its partnership with the world’s largest asset manager Blackrock. Circle disclosed that it has started to transfer US...
Polygon Witnesses Sharp Drop in Supply As MATIC Disappears From Exchanges: Crypto Insights Firm Santiment
A leading analytics firm is revealing that blockchain scaling solution Polygon is witnessing a dramatic drop in the supply of MATIC on crypto exchanges even after the token’s explosive rally in the la...
Crypto Investment Firm CoinFund to raise $250 million fund.
CoinFi is seeking to generate about $250 million fund. The fund is to be raised for a purpose of seed investments. Prior to this, the company also raised $300 million in venture capital funds. On Octo...
Blockchain Video Game Firm Mythical Games Lays Off 10% Of Workforce
Web3 game developer Mythical Games, which recently raised more than $270 million in venture capital has laid off its headcount by 10% as startups attempt to navigate a tough business environment and r...
Former BitGo, Curv exec launches new crypto wallet security firm
Even in the crypto bear market, new companies are springing up to tackle old problems. Fordefi — which offers a wallet platform that allows institutions to engage across various chains — is eme...
Is Sam Bankman-Fried’s crypto trading firm Alameda Research broke?
CoinDesk has obtained financial documents belonging to Alameda Research that provide an unprecedented view into its financial position and entangled relationship with sister company FTX. As of June 30...
Digital Assets Firm Bakkt, Set to Acquire Apex Crypto – crypto.news
A definitive agreement has been signed by Bakkt Holdings, to acquire Apex Crypto, from Apex Fintech Solutions, Inc. Apex Crypto, is a digital asset platform that unlocks cryptocurrency and drives loya...
Bitcoin Mining Firm Iris Energy Might Fail To Pay Off Its Loans
Several unfortunate cases are springing up in the Bitcoin and crypto ecosystem. The main reason for these adverse events comes down to the current bearish trend of the cryptocurrency market. Regardles...
Celsius Creditors’ Lawyer ‘Looking Into’ Whether Firm Was a Ponzi Scheme: Report
A New York bankruptcy judge expanded the scope of the probe in the Celsius Network bankruptcy as the company’s customers demanded investigations into the crypto lender’s business operations, according...
Digital Asset Firm Bakkt to Acquire Apex Crypto for up to $200M
American-based digital asset firm Bakkt Holdings announced Thursday that it would invest up to $200 million in acquiring the crypto trading platform Apex Crypto from its parent company, Apex Fintech S...
Coinbase CPO Ends His Journey With The Firm
It’s “time to get off the ride,” said Surojit Chatterjee, after resigning from his post. In the recent United States Securities and Exchange Commision (SEC) report, on October 28, 2022, Coinbase Globa...
Venture Capital Firm Paradigm to Host Crypto Tech Event for US Policymakers
To be held in Washington, D.C.’s Union Station, Hands On Web3 will be tailored toward policymakers, academics and the media. The event will include demonstrations from non-fungible token (NFT) m...
Digital Currency Services Firm Bakkt Inks Deal to Acquire Apex Crypto
The deal between Bakkt and Apex Crypto is still subject to regulatory approval. Alpharetta, Georgia-based digital currency services firm, Bakkt Holdings Inc (NYSE: BKKT) has inked a deal to acquire Ap...
Bitcoin mining firm Bitdeer could delay public offering till 2023
Bitdeer, a crypto mining firm spun off from China-based mining manufacturer Bitmain, may see its public offering on Nasdaq delayed a year depending on a vote from shareholders of Blue Safari Group Acq...
Altcoin That’s Exploded 170% in Seven Days Has Room for More Growth, Says Crypto Analytics Firm Santiment
Blockchain analytics platform Santiment says that one top-ten altcoin that has surged by triple digits over the past week possesses more upside potential. Santiment says that based on two indicators, ...
Billionaire Novogratz’s Firm Exploring Mass Layoffs
Alex Dovbnya Mike Novogratz’s firm is preparing to cut 20% of staff Galaxy Digital, a global crypto-focused financial services firm, is planning to lay off roughly 20% of its staff, according to...
Crypto Winter To Get Worse Predicts Crypto Firm Executive
Crypto Winter To Get Worse Predicts Crypto Firm ExecutiveOngoing Crypto Winter Is Getting WorseCEO of blockchain firm Tezos says the ongoing crypto winter is “only getting worse” as the industry...
Another Crypto Finance Firm Galaxy Digital to cut of its one-Fifth of workforce
As per the reports Galaxy Digital to cut of its one-fifth of workforce Recently some leading crypto exchange crypto.com and BlockFi have also announced to vacant its chair from the offices On the ot...
Bitcoin mining firm Iris Energy on verge of $103M loan default
A tweet from Bitcoin Magazine Analyst Dylan LeClair stated BTC mining firm Iris Energy is close to defaulting on a $103 million loan held by the New York Digital Investment Group (NYDIG). He continued...
EV battery firm Britishvolt averts immediate collapse with short-term funding
Charging points for electric vehicles in London, England. Jon Challicom | Moment | Getty Images LONDON — U.K.-based electric vehicle battery firm Britishvolt said Wednesday it had secured short-term f...
Publicly-Listed Bitcoin Miner Argo Blockchain’s Stock Gets Downgraded, Firm Offloads Close to 4,000 Bitmain Miners – Mining Bitcoin News
On Oct. 31, 2022, the publicly-listed bitcoin miner Argo Blockchain revealed the firm’s attempt to obtain $27 million in a scheduled financing deal fell through. According to the company’s October upd...
Bitcoin Mining Firm Digihost Remains Debt Free Amid Bearish Market
Many Crypto and Bitcoin mining firms have recorded huge losses in 2022 due to the ongoing bear market and extreme economic conditions. As a result, some have packed up, while others declared bankruptc...
Crypto Finance Firm Galaxy Digital to Cut One-Fifth of Workforce: Sources
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Future Of Largest Bitcoin Holding Firm
Microstrategy, which continues to be the company with largest Bitcoin holding, is scheduled to report quarterly earnings with investors anticipating any comment on its crypto strategy. The company’s B...
Dogecoin Cashback Now Supported by UK’s Biggest Fintech Firm
Alex Dovbnya UK’s biggest fintech firm offers cashback in meme cryptocurrency Dogecoin and popular digital assets British financial technology company Revolut offers its clients 1% cashback in D...
Bitcoin Software Firm, Synonym Launched A Bitcoin Wallet, Bitkit
A software firm enters the crypto industry by launching its Bitcoin Wallet, Bitkit. The Bitcoin wallet is powered by the Slashtags Protocols, which enables web portability and “passwordless” authentic...