Auros Global, the trading firm that reportedly lost $20 million on FTX’s implosion, was released from provisional liquidation of British Virgin Island court after major debt restructuring and a fresh $17 million investment led by TradFi trading firm Vivienne Court and bitcoin miner Bit Digital.
Synthetix nets $20M from Web3 quant trading firm
Derivatives liquidity protocol Synthetix seals new partnership with DWF Labs, landing a $20 million investment from the quantitative trading firm.
DeFi Trading Platform Aurox Seeking Funding at $75M Valuation
The DeFi-focused software developer firm is seeking to raise up to $1 million in a crowdfunding campaign on tZERO.
VC blockchain and crypto funding drops off in Q4 2022: Report
2022 saw an overall decline in venture capital funding going into the blockchain and cryptocurrency space.
FTX poked the bear and the bear is pissed — O’Leary on the crypto crackdown
Kevin O’Leary believes U.S. Senators are “fatigued” and “pissed” at the cryptocurrency industry for having to deal with one blowup after another.
Crypto Was Singapore’s Top Area of Fintech Investment in 2022 Despite Global Slowdown: KPMG
Crypto or Blockchain was the top area of fintech investment in Singapore for the year 2022 despite the global slowdown in the space, according to KPMG despite the finding of a key trend that investors are shifting to non-crypto blockchain-based solutions.
Arthur Hayes bets on Bitcoin, altcoin surge in H1 2023 as he buys BTC
The ex-BitMEX CEO announces a BTC deployment “over the coming days” amid hope that the good times will last for crypto until the middle of the year.
Bitcoin takes ‘lion’s share’ as institutional inflows hit 7-month high
$117 million heads into crypto investment products in a single week, and the vast majority went straight into Bitcoin.
Abu Dhabi-based Venom Foundation launches $1B fund for Web3 and blockchain
Venom Ventures Fund is allocating $1 billion to invest in Web3, blockchain and cryptocurrency projects and services.
Fidelity downsizes value of its Twitter holdings
Fidelity has downsized the value of its investment in Twitter by more than half its initial stake in Elon Musk’s takeover of the social media platform.
Meta ‘powering through’ with Metaverse plans despite doubts — Zuckerberg
Billions of dollars have been poured into Meta’s virtual world with little return on investment, but CEO Mark Zuckerberg says he is holding fast.
Staking tech firm Kiln closes $17.8 million, eyes future ETH staking demand
Staking infrastructure firm Kiln has closed a $17.8 million fundraising round led by the likes of Consensys, GSR and Kraken Ventures.
Bitcoin price bottom takes shape as ‘old coins’ hit a record 78% of supply
Bitcoin’s long-term holders’ NUPL metric has dropped to levels that coincided with market bottoms thrice since November 2011.
Public Bitcoin miners’ hash rate is booming — But is it actually bearish for BTC price?
Efforts to keep Bitcoin mining operations afloat may end up pushing the spot BTC price even lower.
3 reasons why Quant Network’s QNT token may have topped after 450% gains since June
QNT whales have started securing profits after the token’s 450%-plus price rally since June 2022.
$740M in Bitcoin exits exchanges, the biggest outflow since June’s BTC price crash
Bitcoin price technicals, however, remain bearish for with the BTC price eyeing a run-down toward $14,000 in Q4.
Why is the price of Houbi Token up 12% today as rest of the market slumps?
HT price makes further gains as Huobi Global opens SEAN spot trading, but the rally might be short-lived as technicals flip bearish.
This Bitcoin long-term holder metric is nearing the BTC price ‘bottom zone’
Bitcoin accumulation is in full swing during the downtrend despite BTC price having more room to drop.
Central African Republic court says new $60,000 citizenship-by-crypto-investment program is unconstitutional
The move comes one month after the CAR rolled out the new incentive to boost crypto innovation in the country.
18 ‘uncomfortable’ truths about nonfungible tokens
NFT analyst OKhotshot warns there are no reliable stable investments in the NFT space and most investors will lose money investing in the market.