Galaxy Digital (TSX:GLXY) shares jumped 5.5% Wednesday as the company announced plans to buy up to 10% of its stock.The board of the cryptocurrency-focused financial services...
Nasdaq-listed crypto mining company The9 (NCTY) has purchased a data center in Kyrgyzstan where it will install 7,500 Bitmain Antminer S19j bitcoin mining rigs, the company...
Terraform Labs founder Do Kwon said Wednesday that the company supports a community proposal that could help TerraUSD (UST), a stablecoin pegged to the U.S. dollar,...
Superscript, a UK startup and Lloyd's of London insurance broker, has launched a dedicated product for crypto businesses. "Daylight," the name of the new insurance offering for...
Riot Blockchain, one of the largest bitcoin miners, reported first-quarter revenue of $79.8 million, missing analysts' consensus estimate of $83.7 million, according to FactSet data.Despite the...
Sustainable bitcoin miner CleanSpark CLSK) reported second-quarter revenue of $41.6 million and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $22.5 million, with both...
The Luna Foundation Guard (LFG), steward of Terra's UST stablecoin, is looking to raise more than $1 billion, according to a new report from The Block. LFG...
Coinbase Global Inc. (COIN) reported first-quarter revenue that missed analysts' estimates, while total trading volume declined from the fourth quarter. According to FactSet, first quarter revenue was...
BitPatagonia, one of the largest registered crypto mining companies in Argentina, recently faced a 400% increase in its electricity bill as a result of a policy...
Highlight, a no-code toolkit that lets anyone create a Web 3 community with non-fungible tokens (NFTs), is celebrating its official launch with an $11 million seed...
Jambo, a Congo-based startup building a user acquisition platform for Web 3, has closed a $30 million Series A funding round led by Paradigm, marking the...
Startup Co:Create has raised a $25 million seed round to help NFT Collections launch its own tokens, the company announced Tuesday. The round was led by Andreessen...
Cipher Mining (CIFR) has raised its expectations for total hashrate capacity by 0.5 exahash/second (EH/s) for the remainder of the year, according to a report filed...
Michael Saylor, founder and CEO of business intelligence software company MicroStrategy (MSTR), took to Twitter Tuesday morning in an attempt to clarify the company's obligations regarding...
SPiCE VC has announced a new $250 million fund focused on blockchain that is five times larger than the company's first fund and structured to appeal...
Flow, the blockchain best known for the NBA hit Top Shot, is making a $725 million push to attract more projects, Dapper Labs, the network's creator,...
Bitcoin self-custodian Casa announced Tuesday that it has raised $21 million to add financial identity features to its signature wallet product. Casa is building what it calls...
Crypto trading company Talos has received $105 million in Series B financing. The new investors include US financial services giants Citi (C), Wells Fargo (WFC) and...
Crypto exchange KuCoin has closed a $150 million pre-Series B round at a $10 billion valuation, the company confirmed to CoinDesk on Tuesday. The round, led by...
Metaverse co-creation platform StarryNift has received $10 million in a funding round led by Susquehanna International Group (SIG), the companies said in an emailed statement. Other investors...
The pseudonymous founder of the popular Azuki non-fungible token (NFT) project revealed his troubled history with abandoned projects on Monday night, sending NFT Twitter into an...
Instagram's NFT pilot is the first step in a monetization strategy for creators that has yet to fully mature. Shortly after unveiling its "Digital Collectibles" product on...
The game Nyan Heroes has raised $7.5 million in a strategic round to fund game development, according to a press release emailed Monday.The Singapore-based company will...
The government of El Salvador, which became the first country to adopt bitcoin as legal tender last fall, has continued its bitcoin-buying spree with the purchase...
Paris-based Arianee, a platform for linking non-fungible tokens (NFTs) to luxury brands, has closed a €20 million ($21 million) Series A funding round led by Tiger...
Entertainment and culture newsletter Dirt announced Monday that it has received $1.2 million in seed funding to build out its Web 3 infrastructure. The round was led...
TerraUSD (UST) has lost its dollar peg for the second time in three days, falling as low as $0.98, according to CoinMarketCap's latest price estimates. On Saturday,...
Non-fungible tokens (NFTs) from some of the most popular blockchain networks for crypto art are coming to Instagram after a pilot project was announced Monday. Read this...
Several heavily armed security guards stand at the entrance to the Solana Hacker House in a relatively empty part of Miami's Wynwood neighborhood on an evening...
An institutional offering from decentralized financial platform Compound is receiving mixed marks from S&P Global Ratings. The credit-rating agency gave Compound Treasury (a product of Compound Prime...
Good morning and welcome to First Mover. Here's what happened this morning:Market Moves: Macroeconomic headwinds continue to push Bitcoin lower. A popular indicator suggests institutions are...
Meta CEO Mark Zuckerberg said in a video Monday that Instagram will begin testing non-fungible token (NFT) integrations this week. CoinDesk first reported the news on May...
Cryptocurrency exchange Coinbase Global Inc. (COIN) will continue to face headwinds as the company is set to release its first-quarter results on Tuesday after the market...
Cryptocurrency-focused financial services company Galaxy Digital (GLXY) posted a comprehensive net loss of $111.7 million in the quarter ended March 31, 2022.The loss compares to a...
Bitstamp, Europe's largest crypto exchange, has appointed former chief compliance officer (CCO) and Europe CEO JB Graftieaux as its new global CEO, following the departure of...
The much-watched UST stablecoin briefly lost its dollar peg on Saturday, falling to 0.987 before recovering on Sunday. Its sister token, LUNA, fell 10%. As the largest...
Bankless, which claims to have 150,000 subscribers to its Ethereum-focused newsletter and podcast, as well as its YouTube channel, was banned from the social media platform...
NFTs from some of the most popular blockchain networks for crypto art are coming to Instagram with the announcement of a pilot project as early as...
Blockchain gaming company Irreverent Labs has received $40 million in a recently closed funding round, the Securities and Exchange Commission (SEC) announced Friday. Led by Esports veteran...
ArenaX Labs has closed a $5 million seed capital round led by Paradigm Capital with participation from Framework Ventures. The funding will help accelerate the development...
A decentralized autonomous organization (DAO) called TheCafeDAO opened a pop-up coffee stand in Seattle last weekend as a test run for what it hopes will be...
Wilson Auto Group, Voltage, Compton Magic and Everbowl are trying to convince their employees to accept Bitcoin through cryptocurrency payouts that are part of a unique...
Cryptocurrency exchange Binance contributed $500 million and venture capital firm Sequoia Capital committed $800 million to fund Elon Musk's $44 billion acquisition of Twitter (TWTR). Read this...
Alborz, a joint venture between bitcoin miner Cipher (CIFR) and renewable energy company WindHQ, has received a two-year, $46.9 million secured credit facility from crypto lender...
The U.S. Securities and Exchange Commission (SEC) has found that chip giant Nvidia (NVDA) failed to disclose that cryptomining was a material contributor to its 2018...
Startup Zora has raised $50 million for its NFT tooling protocol, the company announced Thursday. The round was led by Haun Ventures with participation from Coinbase Ventures...
A traditional gaming startup is trying to bring Web 3 games to the front lines of crypto skepticism - the Apple App Store. The company announced Friday...
