Pow.re, a Montreal-based bitcoin (BTC) mining company, has secured $9.2 million in its Series A funding round led by Haru Invest, with participation from other investors. Bitcoin mining revenue has su...
Tag: Firm
Bitcoin mining firm Marathon Digital sold 1,500 BTC in January
Marathon Digital sold 1,500 BTC in January, according to a Thursday statement from the company. The sales were intended to help fund the firm’s operations, Marathon said. “With bitc...
Ethereum Rival That’s Soared 160% in Just One Month May Be in Early Days of Massive Rally, According to Crypto Analytics Firm
A leading crypto analytics firm is suggesting that Fantom (FTM), a top Ethereum (ETH) rival, is only in the beginning stages of a major rally. Smart contract platform Fantom is trading for $0.635 at t...
Crypto VC Firm Arrington Capital Hires BitMEX Alum as Investment Head
“As the crypto markets mature and converge with traditional markets, it is critical to bring a mature and sophisticated perspective to our trading strategy. Representing just one pillar of how w...
Adani Stock Wipeout Deepens to $104 Billion After Flagship Firm Pulls Share Sale
(Bloomberg) — The stock rout in Gautam Adani’s beleaguered empire intensified to more than $100 billion, as the fallout from a short-seller’s fraud allegations leads the Indian billionaire to pu...
Crypto Trading Firm Cumberland Can Trade Crypto With Canadian Dollars
“It’s not unexpected” for Cumberland to announce support for crypto transactions denominated in Canadian dollars, said Alex McDougall, president and CEO of Stablecorp, a fintech firm that created QCAD...
Top US law firm tells Gemini Earn victims to take action
Rosen law firm has reminded Gemini victims to come forward and join its lawsuit filed against Gemini and its founders over their failed Earn product before the Feb. 27, 2023 lead plaintiff deadline. R...
Crypto-Focused VC Firm Pantera’s Liquid Token Fund Lost 80% in 2022
The fund’s top three performers for the hard-hit November period were Cosmos’ ATOM token, Chainlink’s LINK and Optimism’s OP, while Uniswap’s UNI, Solana’s SOL and ether ...
Crypto tax firm CoinTracker cuts 20% of staff a year after $100M round
Cryptocurrency tax company CoinTracker has laid off 19 employees representing approximately 20% of its workforce. This is according to an internal email reviewed by Protos and confirmed by a statement...
Blockchain security firm Sec3 raises $10 million in seed funding
Sec3, a blockchain security firm that audits smart contracts among other services, raised $10 million in a seed funding round. Multicoin Capital led the round, with Sanctor Capital and Essence V...
A Trading Firm Could Be Behind Lido DAO (LDO) Price Drop
Binance, the world’s leading cryptocurrency exchange, has been the center of attention for traders and investors alike. A recent development that has raised eyebrows was the transfers of Lido DAO (LDO...
Premier League soccer teams up with virtual sports gaming firm Sorare
The English Premier League announced a four-year licensing partnership with Sorare, a French startup for fantasy sports gaming company. The deal allows aficionados of the English Premier League ...
Blockchain Firm Blockstream Acquired 125Mn USD in Convertible Note Secure Loan Financing
The cryptocurrency market has witnessed sheer crypto winter which still continues. This affected the broader crypto market but a small portion of the space continued to sustain. Several projects and f...
Electric vehicles more expensive to fuel than gas-powered cars at end of 2022: consulting firm
For the first time in more than a year, owners of traditional gas-powered cars saved more money at the pump than those driving their electric counterparts, according to a consulting firm. As inflated ...
Crypto Firm Matrixport Slashes Headcount by 10%
Matrixport, a Singapore-based crypto investment and lending firm, has confirmed with Decrypt that it is making reductions in its marketing department, impacting 10% of its nearly 300-person workforce....
Whales Are Pouncing on Litecoin, Polygon and Two Ethereum-Based Altcoins, Says Analytics Firm Santiment
New data from crypto analytics platform Santiment reveals that whale transactions are spiking for Litecoin (LTC), Polygon (MATIC) and two Ethereum (ETH)-based altcoins. According to the market intelli...
Who is behind Hindenburg, the research firm targeting the Adani group?
Hindenburg Research’s bruising report accusing the Adani Group of pulling off “the largest con in corporate history” has rattled India’s stock markets. On Jan. 24, the New York-based forensic financia...
Ripple announces new President as firm awaits ruling in SEC lawsuit
Blockchain firm Ripple has named a new president as the company gears up for the ruling in the lawsuit by the Securities and Exchange Commission (SEC). The company has promoted Monica Long to the Pres...
Former UK Chancellor Hammond to Head Crypto Firm Copper
Former UK Chancellor, Philip Hammond has been appointed as head of Copper. Hammond has been with Copper since October 2021 as an Advisor. Copper hopes to leverage on Hammonds profile and connections t...
SBF allegedly used FTX money to invest $400M in obscure VC firm
Authorities in the United States might have discovered yet another possible component of Sam Bankman-Fried’s cryptocurrency empire. U.S. federal prosecutors have alleged that Bankman-Fried has used mo...
Investment firm Brevan Howard adds senior leader to crypto division
Brevan Howard Digital added to its senior leadership ranks, hiring former Dragonfly general partner Kevin Hu to focus on investing in listed digital assets. Hu will be based in the firm’s new A...
Web3 infrastructure firm Spatial Labs raises $10 million in ‘first’ for Black founder
Spatial Labs, a web3 infrastructure firm focused on improving metaverse and commerce, raised $10 million in a seed funding round. Blockchain Capital led the round, with existing investor Marcy V...
Data analytics firm Arkham Intelligence adding support for Polygon in Q1
Arkham Intelligence announced it is adding support for Polygon, giving users the ability to track, monitor and identify wallets on its chain. This is the second chain Arkham Intelligence will ad...
FTX-affected firm gets breather with loan to continue trading
Australian cryptocurrency exchange Digital Surge will receive a $884,543 loan, allowing it to continue operating. Administrators overseeing the deal stated that the company would pay back the loan ove...
Crypto firm raises millions for Bitcoin mining: Is the tide turning for CEXs
Crypto infrastructure firm Blockstream raised $125 million in convertible note and secured loan financing. Venture capital firm Kingsway Capital led the convertible note rise, with Fulgur Ventures par...
France shifts its firm stand on crypto licensing
French lawmakers have voted to make it mandatory for bitcoin (BTC)-linked businesses in France to abide by strict consumer protection rules and comply with the statutes of the incoming MiCA regulation...
A US research firm has accused Adani of pulling “the largest con in corporate history”
A US-based financial forensic firm has alleged that India’s Adani Group, led by the world’s third-richest person Gautam Adani, is involved in a massive and “brazen stock manipulation” and “accounting ...
Analytics Firm Glassnode Issues Bitcoin Alert, Says BTC May Face Sell Pressure From This Investor Cohort
Market intelligence firm Glassnode says that Bitcoin (BTC) could soon face sell-side pressure from short-term holders (STHs) eager to cash in on the king crypto’s latest price uptick. In a new analyti...