Category: Business

The blockchain scaling solution last raised funds in November at a $2 billion valuation.

ZenLedger, a tax software company, is planning new products that push into institutional markets.

The football league is continuing its crypto push with an NFT game to be released this year.

The proposal comes weeks after Otherside faced issues on Ethereum.

The VC firm will continue to focus on infrastructure, DeFi, NFTs and DAOs.

The major industry associations for blockchain technology and adoption of digital assets are to merge creating a single association of nearly 500 institutional members.

Terra’s revival plan was approved by network validators earlier Wednesday.

The firm, which provides crypto financial services to institutional investors, is valued at $2 billion.

Venture Capital firm Andreessen Horowitz has announced a $4.5 billion fund to focus on crypto and Web 3.

The medieval strategy-based massively multiplayer online (MMO) game is expected to debut next year.

A cocktail of high inflation and cash-hungry crypto firms are prompting fund issuers like Bitwise and 21Shares to get creative.

Mastercard CEO Michael Miebach spoke on a panel about the future of cross-border payments and CBDCs at the World Economic Forum in Davos.

Crypto author Shelly Palmer is venturing deeper into education with Metacademy.xyz.

La empresa se enfocará en sus operaciones actuales en Argentina, México y Perú, y pondrá freno al plan de expansión a otros países.

At the first industry conference since Terra’s $40 billion collapse, companies and investors say crypto could face a more uncertain future.

The new OpenNode app will launch on the Stripe App Marketplace in coming weeks.

The company will focus on its current operations in Argentina, Mexico and Peru, and freeze previous plans to expand into other countries.

Uniswap’s milestone comes as the decentralized exchange continues its march across Web 3.

The latest moves in crypto markets in context for May 24, 2022.

>>> Read the full story at CoinDesk

Coinbase (COIN) became the first crypto company to enter the Fortune 500, ranking 437th in the business magazine’s listing of the biggest companies in the U.S. by revenue.

Flowcarbon, a technology company aimed at bringing carbon credits to the blockchain, raised $70 million through a fundraising round and the sale of its Goddess Nature Token (GNT).

Project Liberty, the initiative backed by real estate billionaire Frank McCourt aimed at disrupting today’s social media platforms, has found a home on Polkadot, the framework of parallel blockchains conceived by Ethereum co-founder Gavin Wood.

Cryptocurrency custodian Finoa has established a unit for liquid staking helmed by former members of Deutsche Telekom’s blockchain team with help from staking specialist StakeWise.

The goblin-themed PFP collection did over $7 million in sales volume this weekend, fueled by rumors a larger team could be behind the scenes.

After beta testing it last year, we’re rolling out DESK as an integral part of the experience at Consensus 2022 – and beyond.

The release marks the online marketplace’s first foray into digital collectibles.

The latest moves in crypto markets in context for May 23,2022.

Video game retailer GameStop has unveiled a digital asset wallet for storing, sending and receiving crypto and non-fungible tokens (NFTs) ahead of the launch of its NFT marketplace later this year.

Sumitomo Mitsui Trust will set up a digital asset custodian for institutional investors.

The French bank will use the Onyx network for short-term fixed income trading.

The venture capital investor wrote in a report that funding for African blockchain startups far outpaced investment in other venture funding.

Niagara Falls residents have raised issues related to noise pollution about a bitcoin mine. Then another one exploded.

The buys were made via venture capital firm Paradigm, of which Ehrsam is a co-founder and managing partner.

The latest moves in crypto markets in context for May 20,2022.

The funds were raised through the sale of bond vouchers and claims to back the new iZiSwap decentralized exchange.

The report based on internal emails seen by The Information comes after Coinbase said earlier this week it will slow hiring

The DAO is led by Nadya Tolokonnikova of the Russian art collective Pussy Riot and involves Beeple, Grimes and Gary Vaynerchuk.

She was the source for the damning “Facebook Files.” Here’s how she thinks DAOs and blockchains could fix the company nobody likes.

The Solana-based marketplace has seen far more transactions than its Ethereum counterpart in the last 24 hours.

Merchants using Shopify now have another option to accept cryptocurrency as a payment method.

Binance.US has hired Krishna Juvvadi, former global head of operations compliance at Uber, as its new head of legal.

Tether reduced its commercial paper holdings by 17% from $24.2 billion to $19.9 billion in the quarter ended March 31, according to it latest attestation report.

Andrew Kang spoke to the Wall Street Journal Wednesday regarding MicroStrategy’s bitcoin strategy.

The latest moves in crypto markets in context for May 19,2022.

Global investment group LDA Capital Ltd. committed the funds and will provide strategic support.

Bitcoin mining company Canaan said revenue surged 237% from the year-earlier quarter to $213.9 million.

The blockchain gaming company is preparing to launch a fantasy collectibles and mos combat role playing game.

Brokerage accounts can be funded with the stablecoin USDC, the exchange said.

The Japanese bank is one of the first institutions to say it will go beyond trading and research to delve deeper into the crypto ecosystem.

The data feed unpacks what’s what in Uniswap, SushiSwap, Curve Finance and Balancer asset pools.

Web 3 can open up opportunities for marginalized groups, but it’s not a silver bullet, says one leading NFT artist.

Dragonfly Capital led the round, which will fund a cross-chain DAO for wallet users.

Returning to Twitter for the first time since the plunge in Terra and UST, the Galaxy Digital founder and CEO says it’s time to talk about last week and

“You have an entire investigation that tells the entire story of what happened,” Chief Scientist Jacob Illum said.

Coinbase Global (COIN) launched a a crypto-native think tank dubbed the Coinbase Institute to fuel ideas across the digital ecosystem on Wednesday.

>>> Read the full story at CoinDesk

The firm said it was able to sell its minimal UST stake for around 93 cents per token before the price completely collapsed.

The venture capital giant will invest in game studios, consumer apps and infrastructure.

The latest moves in crypto markets in context for May 17,2022.

The launch of Lens Protocol comes weeks after Aave founder Stani Kulechov was temporarily suspended from Twitter.

The hackathon startup will use the funds to launch an NFT-focused venture fund, among other things.

Renata Szkoda previously served as finance director at the crypto financial services firm.

Cryptocurrency exchange Binance is holding talks with regulators in Germany and hopes to be granted a a license, founder Changpeng “CZ” Zhao has said.

Blockchain gaming developer and publisher N3TWORK Studios has raised $46 million in a series A funding round to aid production of web 3 games Legendary: Heroes Unchained and Triumph.

The two crypto index funds will only be available to accredited investors.

Argo Blockchain (ARB) reported net income of £1.6 million ($2.1 million) in Q1, a drop of over 90% compared to the corresponding quarter a year earlier.

Ledger Connect is launching in beta and will initially be compatible with the Ledger Nano X and Mobile Safari.

Algunas compañías registradas vieron un incremento del 400% en sus tarifas eléctricas en marzo, mientras que los mineros ilegales no planean dejar de utilizar la energía subsidiada de sus hogares para realizar la actividad.

Now backed by tier-one banks Goldman, Barclays and Commerzbank, Elwood CEO James Stickland predicts “a huge amount of derivatives action.”

On-chain data platform Nansen has acquired decentralized finance (DeFi) portfolio tracker Ape Board for an ‘eight-figure’ sum.

Marc Goldich, Lawrence Florio and Noah Axler left the Terra ecosystem backer in May according to their LinkedIns.

Robinhood’s new custodial wallet will cater to “advanced” crypto users and live separately from the existing wallet, the firm’s Johann Thompson said.

The fund focuses on altcoins and requires potential investors to have a minimum $2.5 million net worth.

>>> Read the full story at CoinDesk

Albert Forkner has joined crypto infrastructure company Fortress Blockchain Technologies.

Voyager Digital was cut to neutral from buy at the investment firm.

The firm behind the Bored Ape Yacht Club NFT collection is in talks with layer 1 suitors as the project considers a post-Ethereum future.

Treasury management platform Coinshift has closed a $15m series A funding round, with investment from the likes of Tiger Capital and Alameda Ventures.

Jump Crypto led the funding round for the firm, which secures $50 billion of DeFi assets.

The project seeks to make user data interoperable between Web 3 dapps.

The latest moves in crypto markets in context for May 17,2022.

Big Four consulting firm EY has unveiled its blockchain-based supply chain manager built for the Polygon Nightfall network.

The custody and wallet tech provider is looking to expand beyond institutions involved in DeFi to a broader developer community around gaming, social media and entertainment.

The inaugural report discussed Web 3 trends and why Ethereum remains the dominant blockchain.

The exchange previously planned to hire as many as 2,000 employees earlier this year.

China is once again contributing a significant chunk of the world’s bitcoin mining operations despite the ban last year, according to the Cambridge Centre for Alternative Finance (CCAF).

BitMEX, one of the longest-running crypto futures exchange, has pushed its spot markets live.

Coinbase app users will be able to purchase NFTs across different platforms along with trade on decentralized exchanges.

Chuck Mounts will lead the DeFi group moving forward.

Shares of the bitcoin miner that uses waste coal for energy fell slightly in after-hours trading.

The firm is building an infrastructure to offer crypto market access to end users, CFO André Milanez said on Monday.

He explained Bitcoin to Barack Obama and ran one of the first election campaigns emphasizing crypto. He says Congress needs more people who understand science and technology.

CEO Pat LaVecchia, a former MakerDAO compliance adviser, said Oasis Pro is in the “early stages” of integrating with DeFi platforms.

Do Kwon is out with his second attempt at a revival plan for the troubled blockchain.

The former Fed chair also faulted current monetary policymakers for acting too slow to curb inflation.

The filing is expected to become effective after the SEC completes its review process, subject to market and other conditions.

The facility could accommodate up to 4 EH/s of mining power. Site development is expected to start this quarter.

>>> Read the full story at CoinDesk

The latest moves in crypto markets in context for May 16,2022.

The miner is still assessing other opportunities to expand its capacity to as much as 8 EH/s by the end of the year.

The crypto trading platform said it expects to have liquidity of over $225M after the offering is completed.