ZEBEDEE, Halborn, Hashflow, Socios and EtherMail headline the latest funding deals from the world of blockchain and cryptocurrency.
Building the blockchain industry despite market drops and regulation threats
Even if crypto regulation comes to America, top crypto investors are not worried as upward of 90% of cryptocurrencies are utilized outside the United States.
Crypto Biz: The 3AC saga takes another bizarre twist
Once the most revered hedge fund in crypto, Three Arrows Capital has gone bust. As it turns out, its holdings of Deribit shares may be much smaller than reported.
Crypto firms facing insolvency ‘forgot the basics of risk management’ — Coinbase
“The issues here were foreseeable and actually credit specific, not crypto specific in nature,” said three department heads at Coinbase.
Singapore’s financial watchdog pushes back against Terra and 3AC associations
According to the MAS managing director, TerraForm Labs, Luna Foundation Guard, and Vauld were “not licensed or regulated” by Singapore’s financial watchdog.
Web3 dominates venture capital interest in blockchain industry in Q2 2022
All the deals, trends, moves and investments in Q2 2022 across the blockchain landscape are contained in the latest Cointelegraph Research report.
Crypto Biz: 3AC’s founders are nowhere to be found
Liquidators don’t know the whereabouts of Kyle Davies and Su Zhu. Meanwhile, Grayscale’s legal officer says the asset manager’s lawsuit against the SEC could take a while to play out.
Multicoin Capital raises $430M for new crypto startup fund
Even with Bitcoin, Ether and altcoins in a bear market, venture funding for the blockchain industry continues to grow.
Animoca Brands raises $75M to advance ‘open metaverse’ concept
The company behind The Sandbox continues to attract sizable investments as it eyes new acquisitions in the play-to-earn and metaverse sectors.
VC Roundup: ‘Web5,’ Metaverse sports and Bitcoin monetization startups generate buzz
PolySign, Mash, Floor, Euler, Trinsic, KYVE and Atmos Labs headline the latest funding deals from the world of blockchain and cryptocurrency.
Crypto Biz: Crypto broker goes bankrupt, Bitcoin miner capitulates and China VC funding soars
As the search for an elusive Bitcoin bottom continues, at least one United States miner was forced to liquidate a portion of its holdings in June.
Crypto investor Sequoia Capital China reportedly raises $9 billion
Sequoia China is known for backing many crypto firms, including the troubled crypto lender Babel Finance, which halted withdrawals in mid-June.
Crypto Biz: Coinbase downgraded, 3AC deemed insolvent and Michael Saylor buys the dip
Coinbase, Three Arrows Capital and MicroStrategy headline the latest business news from the world of blockchain.
Better days ahead with crypto deleveraging coming to an end: JPMorgan
A strategist at JPMorgan predicts that the worst of the bear market could be over as stronger crypto firms have come in to bail out the industry in the midst of major deleveraging.
Crypto Biz: Crypto was in full swing at Collision Conference, June 17-23
Despite the bear market in Bitcoin and altcoins, the industry’s builders continue to build for a brighter future.
Nexo hires Citibank to advise on acquisitions during market turmoil
“We’re in this together” — Crypto lending platform Nexo has appointed Citibank to advise on acquisitions from struggling crypto firms.
Crypto brokerage FalconX raises $150M at $8B valuation
FalconX is the latest cryptocurrency firm to secure millions of dollars in fresh funding despite the cryptocurrency markets experiencing a major decline.
Crypto Biz: Crypto carnage pushes Celsius, Three Arrows Capital closer to insolvency, June 9-16
It has been a chaotic week for digital assets. Two firms may be inching closer to insolvency while Coinbase, one of the largest crypto exchanges, laid off almost a fifth of its staff.
Three Arrows Capital weighs bailout as Kyle Davies breaks silence: Report
All options are on the table for 3AC after this week’s crypto market collapse triggered mass liquidations for the hedge fund.
Bear market no issue for Binance Labs’ DeFi incubation program
Binance Labs’ parent firm Binance is also looking to hire 2,000 employees amid the latest market decline as the firm sees bear markets as a “great time to bring on top talent.”