The newly launched blockchain built by former Diem developers has issued a $50,000 grant to a Cornell University professor of computer science.
Crypto VC Firm Arrington Capital Hires BitMEX Alum as Investment Head
Bhavik Patel previously headed product and derivatives for the crypto exchange.
Luxor Starts First-Of-Its-Kind Bitcoin Mining Rig Marketplace for Large Scale Orders
The market for mining machines is increasingly flooded with inventory from struggling companies.
Original Terra Lending Protocol Mars Hub Deploys Mainnet, Issues Airdrop
Mars Hub, the original lending protocol on the collapsed Terra blockchain, has deployed its mainnet on Cosmos.
Blockchain Company SIMBA Chain Received $30M Funding Increase From US Air Force
The USAF has granted SIMBA Chain a $30 million STRATFI as part of its aims of “identifying and advancing technologies that have the potential to secure its future dominance.”
My Big Coin Founder Gets 8-Year Jail Sentence for Fraud
Randall Crater, 52, was convicted in July of defrauding investors of more than $6 million.
Bitcoin Miner Argo Blockchain’s CFO Alex Appleton Quits
Alex Appleton, who has served in this role since September 2020, is departing to “pursue other opportunities.”
Bankrupt Crypto Exchange FTX had Around $1.4B Cash at 2022-End
The figure is around 19% higher than the $1.2 billion reported in November when FTX filed for bankruptcy.
Market Maker B2C2 Teams With Blockdaemon, Stakewise to Provide Ethereum Staking Liquidity
B2C2 says it will be the sole over-the-counter spot liquidity provider for the staked ether token sETH-h built on liquid staking platform Portara.
Voyager Creditors Reject Alameda’s Attempt to Recover $446M
The Creditors’ rejection follows a veto by Voyager itself.
Social token platform Rally announces shutdown of sidechain
Rally cited a “challenging year” for the crypto industry in its decision to “begin to sunset” the platform’s sidechain after Jan. 31.
Social Token Project Rally Shuts Ethereum Sidechain, Stranding Users’ Crypto Assets
Rally blamed its sidechain’s demise on macro forces.
Bitcoin Miner Core Scientific to Borrow $70M From B. Riley
The firm said the loan will enable it to replace an existing facility and give it “up to 15 months runway and significant flexibility.”
Fidelity Investment’s Head of Institutional Crypto Exits Role
Chris Tyrer joined Fidelity Digital Assets as its first U.K. employee four years ago.
Mango Markets Exploiter Thought a DAO Protected Him. Then US Courts Showed Up
Mango Labs’ $47 million civil suit against crypto trader Avraham Eisenberg is a case study in how the ideals of crypto governance and DAOs take a backseat to real-world contracts law.
DeFi Liquidity Protocol Squid Raises $3.5M Round Led by North Island Ventures
The Axelar-based protocol connects users with cross-chain assets for borrowing and lending.
Structured Finance Platform Intain Opens Tokenized Marketplace for Asset-Backed Securities
The marketplace will be built as an Avalanche Subnet.
Crypto Issuance Startup Tokensoft Brings Its Token Launchpad On-Chain
Tokensoft version 2 will allow for greater abstraction in how teams structure their token distributions.
Nic Carter’s Castle Island Ventures Backs New Crypto VC Firm
Breed VC closed its first fund with nearly $20 million in capital.
Bitcoin Miner Greenidge Generation Restructures Another $11M of Debt
The deal with B. Riley will push off repayment dates and use Greenidge stock to pay off some of the funds.