A prominent private fund has downgraded the status of its investments in BlockFi, the beleaguered crypto lender. The Private Shares Fund has slashed valuations of BlockFi series E warrants and preferred shares, as revealed in […]
Key Takeaways Crypto lending company Celsius is currently owed $439 million by EquitiesFirst, court filings and a new report from the Financial Times indicate. Celsius had originally borrowed funds from EquitiesFirst against crypto collateral; however […]
Home and hobbyist miners in the U.S. are finding creative ways to slash their energy bills in the face of increasing prices and the tanking of the crypto market. Smaller operators have not been spared […]
Influential bitcoin investor Anthony Pompliano has raised $12.6 million in Series A funding for Inflection Points, a crypto-focused recruitment and corporate training company he co-owns. The company has been profitable since its inception, raising its […]
Liquidators of Three Arrows Capital have successfully petitioned a federal bankruptcy judge to subpoena the hedge fund founders. The motion was granted in a hearing on July 12 as liquidators Teneo also sought to contact […]
Key Takeaways Binance’s Spanish subsidiary Moon Tech Spain, S.L. has been granted a Virtual Assets Services Provider registration by the Spanish central bank. The registration gives Binance approval to offer crypto exchange and custodial services […]
Web 3 decentralized identifier QPassport has officially announced to rebrand as HashKey DID. With the aim of developing a long-term user-friendly product, HashKey DID delivers the most accurate interpretation of Web 3 and places a […]
Two former Meta employees are developing the Aptos blockchain using Diem’s open-source technology to create an L1 blockchain for enterprises. Co-founders of Aptos Labs, Avery Ching, and Mo Shaik, pitched the idea to use Diem’s […]
Derivatives exchange CoinFlex has said it will pursue legal action against Roger Ver, who failed to repay a $47 million margin call on a leveraged position collateralized by FLEX coin. Ver was an early crypto […]
Key Takeaways Blockchain.com has lost $270 million to Three Arrows Capital, according to a letter sent to shareholders two weeks ago. Nevertheless the firm remains “liquid” and “solvent,” the CEO said before assuring customers would […]
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