A leading crypto analytics firm says three altcoins could be on the verge of short-term price bounces, starting with Binance Coin (BNB). BNB is in its fifth consecutive week of having a higher volume ...
Tag: Firm
Sequoia China-Backed Crypto Financial Services Firm Hits $2 Billion Valuation
Del Wang, cofounder and CEO of Babel Finance. Babel Finance Babel Finance, a Hong Kong-based crypto lender and asset manager, has secured $80 million from investors including crypto venture firms Drag...
Traders Withdraw $10M Tether USDT, Yet The Firm Claims To Be Strong
A few days ago, the global cryptocurrency market had just entered a recovery phase but that didn’t last long as the market is once again overshadowed by the bearish momentum today. The recent updates...
Coinbase – The first crypto firm in the 2022 Fortune 500
Early today, FORTUNE revealed the 68th 2022 FORTUNE 500 annual list for all the leading and largest companies in the U.S. Interestingly, the ranking of these corporations depends on the revenue rate f...
Japan’s Bitbank to set up a custody firm to facilitate institutional entry to local markets
In a new development for East Asia, Japanese crypto exchange Bitbank announced a partnership with financial holding company Sumitomo Mitsui Trust Holdings to establish Japan Digital Asset Trust (JADAT...
Swiss Crypto Firm Launches Venture Fund, Supporting African Early-Stage Blockchain Startups
Crypto Valley Venture Capital (CV VC), a Switzerland-headquartered private venture capital company, announced on Monday that it has launched African Blockchain Early-Stage Fund that targets blockchain...
Sumitomo Mitsui Trust to Establlish a Crypto Firm Targeting Instiutional Clients
Sumitomo Mitsui Trust – one of the largest asset managers in Asia – will tap Tokyo-based crypto exchange Bitbank to set up a company offering digital asset services to institutional clients this year....
VC firm Cypher Capital invests $5m in Ocean Protocol
Cypher Capital, a UAE venture capital firm, will invest $5 million in an ecosystem fund set up with Ocean Protocol, a data exchange platform, Invezz learned from a press release. Ocean Protocol is als...
Surveillance Concern over Blockchain Firm International Expansion
The Blockchain-based Service Network (BSN) is planning a foray beyond China with an international version of the platform. The Chinese state-backed blockchain company is planning on international expa...
Delphi Digital Explains How the LUNA-UST Fiasco Harmed the Firm
The cataclysmic fall of the Terra ecosystem last week wiped nearly $40 billion off the cryptocurrency market, leaving UST and LUNA investors (both retail and investment firms) in severe losses. As tho...
Bakkt’s chief financial officer is departing the firm next month
Bakkt’s chief financial officer is leaving the firm next month after a little over a year with the Georgia-based crypto startup. Announced on Friday, Drew LaBenne will be replaced by Bakkt’...
Crypto Research Firm Delphi Digital Admits to “Significant” Losses During Terra Crash
Delphi Digital, a U.S.-based crypto research and investment company, said it lost a “significant” amount of funds to the infamous Terra crash earlier this month. The firm shared a detailed report exp...
Saudi Wealth Fund Takes $1.5 Billion Stake in Alwaleed’s Firm
(Bloomberg) — Saudi Arabia’s sovereign wealth fund has bought a $1.5 billion stake in the investment company of billionaire Prince Alwaleed Bin Talal, who previously reached an undisclosed deal ...
Why is the Chief Financial Officer of Bakkt Holdings Inc. leaving the firm?
Bakkt’s CFO is departing from the crypto firm next month after completing his tenure of slightly more than a year. On Friday, in an announcement, it was made clear that Drew Labenne, who’s the current...
Didi investors find themselves caught between a rock and a hard place ahead of vote to delist the firm from New York
Shareholders of ride-hailing giant Didi Global face long odds to avoid losses, according to analysts, given the choice of voting later this month to delist the company from the New York Stock Exchange...
SAND Jumped 12% Following The Sandbox’s Acquisition of Uruguayan Tech Firm
The Animoca Brands subsidiary – The Sandbox – purchased the Uruguayan technology company Cualit, aiming to accelerate the progress of the Web3 ecosystem and blockchain industry. Shortly after the deal...
Crypto Custody Firm Fireblocks Launches Web3 Services Suite – Coinotizia
Fireblocks, a crypto custody service provider, is expanding its services with the launch of an institutional suite of Web3 services. This suite will allow customers to leverage liquidity from differen...
Crypto Custody Firm Fireblocks Launches Web3 Services Suite – Bitcoin News
Fireblocks, a crypto custody service provider, is expanding its services with the launch of an institutional suite of Web3 services. This suite will allow customers to leverage liquidity from differen...
The CEO of the world’s second-largest alternatives firm is optimistic about a light recession
(Click here to subscribe to the Delivering Alpha newsletter.) For the last two decades, Bruce Flatt has been the CEO of Brookfield Asset Management, growing it to become the second-largest alternative...
GameFi firm Azra Games raises $15 million in seed funding led by a16z
Azra Games, a blockchain gaming startup, raised $15 million in seed funding, according to a Thursday announcement. The venture capital firm Andreessen Horowitz (a16z) led the round, with additional pa...
Blockchain Firm Losses $3.5 Billion As Terra (LUNA) Crumbles
Hashed, a Seoul and Silicon Valley based crypto assets fund and community builder has lost over $3 billion in the wake of Terra (LUNA) collapse. The venture capital is a well known financier of Terra ...
This Investment Firm Lost Entire LUNA Holding! $10 Million Vanished After Terra (LUNA) Crash! – Coinpedia – Fintech & Cryptocurreny News Media
According to a recent blog post, Delphi Ventures, the cryptocurrency research firm Delphi Digital’s fund, has lost around $10 million following the crash of Terra’s LUNA. Traders of Terra’s LUNA token...
Celsius CEO blames malicious actors for troubles at the firm
Celsius users are up in arms over the company’s faltering performance, specifically, the CEL token’s shortcomings during the recent market turbulence. But CEO Alex Mashinsky laid the blame squarely on...
Ripple Partners With Lithuanian Firm For Cross-Border Payments
San Francisco-based payments company has entered into another partnership deal with Lithuanian FinTech firm FINCI to facilitate cross-border payment services. New Market Opens Up For Ripple The news ...
Terra Loses More Form: Do Kwon Faces Tax Evasion Charges; Law Firm Sues To Seize Properties
The multibillion-dollar collapse of Terra Labs’ stablecoin and the LUNA token is still ringing across the cryptocurrency industry, and numerous questions for Terra’s South Korean founder, Kwon Do-hyun...
Major Korean law firm decides to sue Do Kwon after UST collapse
LKB & Partners, one of the top law firms in South Korea, has decided to sue Terraform Labs founder and CEO Do Kwon after the sudden collapse of TerraUSD (UST) last week, Korean media reported on W...
Institutional DeFi Enabler? Data Firm Kaiko Probes DEX Liquidity With New Product
“Uniswap V3 smart contracts, for example, come with a lot of logic and mathematical rules around the upper boundary and lower boundary that’s actually embedded in the code of the smart contract and no...
South Korean Law Firm to File Suit Against Terraform Labs CEO, Co-Founder
Terraform Labs founder and CEO Do Kwon and co-founder Daniel Shin could soon be facing lawsuits and property seizures in the aftermath of the Terra meltdown last week. LKB & Partners law firm told...
Ripple Signs New Partnership With International Money Transfer Firm To Use XRP for Cross Border Payments
San Francisco-based payments company Ripple is partnering with a Lithuanian financial technology (FinTech) firm to facilitate cross-border money transfers. In a new press release, Ripple says it’s joi...
Crypto Tax Accounting Firm TaxBit Receives Strategic Investment from Haun Ventures
TaxBit, a Salt Lake City, Utah-based provider of crypto tax and accounting software, announced on Tuesday that it has received a new investment from Haun Ventures – a new venture fund designed to help...