New blockchain investment firm Fortis Digital is raising $100 million for a digital asset fund focused on altcoins that aims to bridge the gap between traditional...
For Pierina Merino, emigrating from Venezuela was a matter of course. At 16, she had graduated from high school in her hometown of Ciudad Bolívar. But with...
Albert Forkner, former State Banking Commissioner with the Wyoming Division of Banking, has joined Fortress Blockchain Technologies, a Web 3 infrastructure company that provides custody and...
Shares of Voyager Digital (VOYG) were downgraded to "neutral" from "buy" by boutique investment firm Compass Point. Compass Point pointed to headwinds across the crypto ecosystem...
After the disastrous minting of non-fungible tokens (NFTs) for the metaverse "Otherside" cost investors more than $100 million in transaction fees, both Yuga Labs and ApeCoin...
Coinshift, a platform that provides treasury management for DAOs, has received $15 million in a Series A funding round led by Tiger Global, according to a...
Smart-contract security company Certora has raised $36 million in a Series B round led by Jump Crypto to fund development and port its vulnerability detection technology...
Web 3 social graph protocol CyberConnect announced Tuesday that it has received $15 million in Series A funding. CyberConnect seeks to make personal data, such as handles...
Good morning and welcome to First Mover. I'm Brad Keoun, here to guide you through the latest crypto markets, news and insights. (Lyllah Ledesma is out...
Big Four consultancy EY has unveiled its blockchain-based supply chain manager, developed for the Polygon network and designed to address product traceability bottlenecks. The EY OpsChain Supply...
Cryptocurrency custodian Fireblocks has launched its "Web3 Engine," a software developer kit (SDK) that allows companies to create infrastructure for applications that include non-fungible tokens (NFTs)...
Renowned venture capital firm Andreessen Horowitz (a16z) has released its first State of Crypto report, which includes cyclical information relevant to the current downturn, according to...
Crypto exchange Coinbase (COIN) will slow hiring and reassess staffing needs as the broader crypto market experiences a downturn, the company said in a memo to...
According to the Cambridge Centre for Alternative Finance (CCAF), China is once again contributing a significant amount to global bitcoin mining despite being banned last year. From...
The longest-running futures exchange for cryptocurrencies, BitMEX, has launched a series of spot markets on its platform just three days before the sentencing of founders Arthur...
Coinbase Global (COIN) will allow a "small group" of app users to access Ethereum-based decentralized apps (dapps) directly from the Coinbase app, according to a blog...
S&P Global's ratings division has formed a decentralized finance (DeFi) strategy group to help build the firm's decentralized market framework for investors.Chuck Mounts will lead the...
Stronghold Digital (SDIG) reported first-quarter revenue of $28.7 million, above analysts' consensus estimate of $26.2 million, FactSet reports. However, the adjusted net loss of 66 cents...
This article is from CoinDesk Brasil, a partnership between CoinDesk and InfoMoney, one of Brazil's leading financial news publications. Follow CoinDesk Brasil on Twitter. Brazil's only exchange,...
If you're not familiar with Brian Forde, the current CEO of political fundraising platform Numero: He's the one who first explained bitcoin to President Barack Obama...
Crypto-savvy broker-dealer Oasis Pro has received $27 million to launch an alternative trading system (ATS) for digital securities that decentralized financial platforms can connect to. LedgerPrime, Redwood...
Terraform Labs CEO Do Kwon has unveiled a new "revival plan" to save the Terra ecosystem after last week's stablecoin meltdown. Kwon called the implosion "a chance...
Former U.S. Federal Reserve Chairman Ben Bernanke told CNBC Monday morning that he doesn't believe Bitcoin (BTC) will work as money, a store of value or...
Crypto lender Celsius Network said its mining unit recently filed a confidential S-1 draft registration statement with the Securities and Exchange Commission (SEC).Without providing details, Celsius...
Bitcoin mining company Mawson Infrastructure (MIGI) plans to develop a new 120-megawatt facility in Texas and expects it to be fully operational in the fourth quarter.Development...
A joint U.S.-EU Trade and Technology Council will collaborate on research and development of carbon emissions tracking technologies and explore blockchain technology as a potential tool...
Good morning and welcome to First Mover. I'm Brad Keoun, here to guide you through the latest crypto markets, news and insights. (Lyllah Ledesma is out...
Canadian bitcoin miner Bitfarms (BITF) lowered its 2022 hashrate forecast to 6 exashash per second (EH/s) from 7.2 EH/s previously, citing adjustments to its ongoing expansion...
Crypto trading platform Voyager Digital (VOYG) has raised $60 million at $2.34 per share in a private placement led by Alameda Research. Galaxy Digital, Blockdaemon and Digital...
Japanese investment bank Nomura is establishing a subsidiary to provide institutions with access to digital assets, according to a report in the FT. The new unit will...
Bitcoin (BTC) is down 40% since April, and this is no longer due to its correlation with equity markets, Morgan Stanley (MS) said in a May...
Elwood Technologies, the cryptocurrency company backed by billionaire fund manager Alan Howard, has received $70 million in a funding round led by Goldman Sachs and Dawn...
The Australian Taxation Office (ATO) has issued a warning to cryptocurrency investors, reminding them that capital gains and losses must be reported every time a digital...
The Luna Foundation Guard (LFG), the official stewards of Terra's bitcoin reserves, released a statement Monday documenting how they scattered millions of dollars worth of cryptocurrencies...
Grayscale Investments plans to list its first exchange-traded fund (ETF) in Europe, offering investors exposure to companies in the financial, technology and digital asset sectors. The Grayscale...
WASHINGTON, D.C. - Terra may be on the ropes after last week's dramatic death spiral, but the cryptocurrency's name is still emblazoned loudly on the pitch...
Where did the $3.5 billion go? Unless you've been off the grid for the past few weeks, you probably already know that the $3.5 billion in Bitcoin...
Terra creator Do Kwon said in a tweet thread he was "heartbroken" that his creations functionally lost all of their value this week. Kwon, who founded Terraform...
As the cryptocurrency industry takes stock of the dramatic unraveling of the UST project, those who develop and maintain stablecoins are at pains to point out...
Three different exchange-traded product (ETP) issuers announced they were suspending trading or issuing shares in Luna-related investment vehicles after the cryptocurrency lost 99.98% of its value...
Cryptocurrency-exposed stocks rebounded strongly on Friday after suffering a severe setback this week from falling crypto prices, weak earnings and stablecoin fears. Coinbase Global (COIN) rose nearly...
Good morning and welcome to First Mover. I'm Lyllah Ledesma and I'd like to update you on the latest crypto market developments, news and insights.Market Movements:...
Cryptocurrency-focused financial services firm Galaxy Digital (GLXY) said it expects to report a quarterly loss of about $300 million by Wednesday.The Mike Novogratz-led company announced the...
The Terra blockchain resumed activity after a roughly nine-hour halt while validators sought a way out of the ongoing crisis.The blockchain was halted at block 7607789...
Tesla (TSLA) CEO Elon Musk said his $42 billion acquisition of social media giant Twitter (TWTR) is on hold until it can be ensured that less...
Japanese investment bank Nomura began trading cryptocurrency derivatives this week, joining rivals such as Goldman Sachs and JPMorgan in offering clients access to the crypto market. Nomura...
Terra's validators pulled the plug (at least temporarily) on their embattled network late Thursday New York time, Terra officially tweeted, while seeking answers to a crisis...
Core Scientific, which currently has the highest hashrate among publicly traded bitcoin miners, just lowered its 2022 outlook, saying it would take a more conservative approach...
For months, Kevin Zhou, co-founder of hedge fund Galois Capital and former head of trading at digital asset exchange Kraken, has been sounding the alarm about...
Blockchain development platform QuickNode has announced its first acquisition with the purchase of icy.tools, a non-fungible token (NFT) analytics platform. Terms of the acquisition were not...
David Marcus, the former crypto chief at Meta (formerly Facebook), announced Lightspark, a new company to be built on the bitcoin-based Lightning Network."I wanted to share...
Sam Bankman-Fried has taken a large position in Robinhood (HOOD), according to an SEC filing. Shares of HOOD are up 28% in after-hours trading. This is a developing...
Core Scientific (CORZ), the largest publicly traded bitcoin miner by hashrate, reported first-quarter revenue of $192.5 million, falling short of analysts' consensus estimate of $200.3 million,...
Miller Value Partners Chairman and former Legg Mason Capital Management CIO Bill Miller told CNBC that he sold some of his Bitcoin (BTC) holdings to raise...
Crypto-security startup Solidus Labs has received $45 million in a Series B funding round led by Liberty City Ventures at an undisclosed valuation. The funding will...
Block Inc (SQ) should try to downplay its association with Bitcoin because the link is holding back the stock, which would otherwise benefit from the payments...
The Terra blockchain was halted after the value of the Terra token (LUNA) fell below 2 cents on Thursday.According to a tweet from Terraform Labs, the...
This article is from CoinDesk Brasil, a partnership between CoinDesk and InfoMoney, one of Brazil's leading financial news publications. Follow CoinDesk Brasil on Twitter. XP (XP), Brazil's...
Now seems like a good time to diversify decentralized finance (DeFi). Teller Finance, a cryptocurrency infrastructure player seeking to create collateral-free lending in DeFi, is offering holders...
Investor concerns that Galaxy Digital (GLXY.TO) could suffer significant losses due to its exposure to Terra's LUNA token are "clearly unwarranted," BTIG Equity Research analyst Mark...
Good morning and welcome to First Mover. I'm Lyllah Ledesma and I'd like to update you on the latest crypto market developments, news and insights.Market Moves:...
Soluna Holdings (SLNH), a data center developer that uses renewable energy for computing, has received $35 million in project financing from private equity firm Spring Lane...
6th Man Ventures has raised $145 million for its second crypto fund, which will focus on early-stage investments, according to a report from The Block.Partners in...
Belo, an Argentine crypto startup that offers a digital wallet, has raised $3 million in a seed round to operate in Mexico and Brazil in 2022. Companies...
Decentralized financial application (DeFi) PancakeSwap has published a governance proposal outlining a roadmap for its native token, Cake.The proposal, which passed with a 98.8% majority of...
From family reunions to family DAOs. Blue Studios on Thursday announced the launch of Wallio, a crypto wallet for non-custodial families. The product comes from the company's...
In the crypto press, you often find a lot of optimism, positivity, and hope for the future of this asset class, even in the face of...
Crypto analytics firm Chainalysis announced Thursday that it has raised $170 million in a funding round that values the blockchain analytics software developer at $8.6 billion. GIC...
With a variety of metaverses (and even a MetaMetaverse) emerging in recent months, there are now things to do in virtual worlds, but a clean, easy-to-use...
BVNK, a banking and payments platform for businesses seeking crypto integration, has received $40 million in Series A funding.The round was led by Tiger Global and...
Arrington Capital, a crypto investment firm with more than $1.6 billion in assets under management, has removed mention of its $100 million fund tied to Anchor,...
Australian bitcoin miner Iris Energy (IREN) remains on track to reach a hashrate of 15 exahash per second (EH/s) - 10 EH/s of which by early...
Crypto hedge fund Arca is one of many likely to suffer from the sudden and dramatic collapse of the Terra blockchain's LUNA-powered stablecoin UST. The firm, which...
Nubank, Brazil's largest digital bank by market value, is now offering its customers the ability to buy and sell bitcoin (BTC) and ether (ETH) on its...
Gaming startup Branch has received a $12.5 million seed capital round to develop a game that keeps cryptocurrencies out of sight, the company announced Wednesday. Participants in...
FTX US has applied for a trust charter with the New York Department of Financial Services to operate in New York and offer its products to...
Shares of Coinbase (COIN) plunged more than 20% before the market opened after the crypto exchange reported lower-than-estimated revenue and weaker trading volume for the first...
Canadian crypto miner Hive Blockchain (HIVE) plans to consolidate its shares at a ratio of 5:1 to attract institutional investors.The move will reduce the number of...
Web 3 development platform Moralis has received $40 million in a Series A funding round. The fresh capital will be used to drive product development, improve...
Pan-African centralized crypto exchange MARA raised $23 million on Wednesday. The funding round was led by Coinbase Ventures, Alameda Research, Distributed Global, Day One Ventures, TQ...
