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Distressed Crypto Specialist Thomas Braziel Sets Up Investment, Advisory Firm

[Jul 10, 2023 4:10 AM] The company, 117 Partners, will be a hybrid between advisory and investment, said Braziel.

Eurozone Inflation to Remain Higher Than 2% Target in Next 2 Years, ECB’s Lagarde Admits

[Jul 9, 2023 12:30 PM] Inflation in the eurozone has started to decline but the area’s monetary authority expects it to remain above its target in the next two years. The European Central Bank has to do more to bring it down, its governor commented on the backdrop of…

BlackRock CEO’s Turnabout on Bitcoin Elicits Cheers, Skepticism of Crypto Cred

[Jul 7, 2023 1:50 PM] BlackRock CEO Larry Fink's change of heart on bitcoin could make it easier for fellow Wall Street executives to embrace cryptocurrencies, but experts warn that his favored financial instrument – the exchange-traded fund, or ETF – is an investment…

Three Arrows Capital Liquidator May Try to Claw Back About $1.2B From DCG, BlockFi

[Jul 7, 2023 11:41 AM] A July 7 report from Teneo, the hedge fund’s liquidator, described the potential claims.

U.S. Added 209K Jobs in June, Missing Expectations for 230K

[Jul 7, 2023 6:36 AM] The unemployment rate TKTK to 3.X% versus 3.7% in June and against expectations for 3.7%.

Bitcoin Mining Is a Game of Survival, Consolidation and Potential AI Diversification: Bernstein

[Jul 7, 2023 1:52 AM] Mining stocks have been resurgent this year due to improving sentiment from institutional ETF filings and potential revenue diversification into high-performance computing and AI, the report said.

Binance CEO 'CZ' Brushes Off News of Top Executive Departures

[Jul 6, 2023 9:28 PM] Binance General Counsel Han Ng, Chief Strategy Officer Patrick Hillmann, and Senior Vice President for Compliance Steven Christie are among those that left the company, reportedly over its handling of DOJ investigations.

Top Binance Execs Leave Company Over CZ’s Handling of DOJ Investigation: Report

[Jul 6, 2023 3:59 PM] Three senior officials left the exchange this week, a source told Fortune.

Multichain Bridges Experience Unannounced Outflows of Over $130M in Crypto

[Jul 6, 2023 2:35 PM] Multichain's bridges for Fantom, Dogechain and Moonriver are seeing major unexplained outflows.

Welcome to the NEW Crypto for Advisors Newsletter

[Jul 6, 2023 1:19 PM] Digital assets and crypto are rapidly changing the investing landscape. We’re here to help financial advisors find their way.

Tom Brady's NFT Startup Autograph Shifts Strategy Amid Struggles: NYT

[Jul 6, 2023 10:33 AM] Autograph is now shifting to a broader focus on helping celebs foster loyalty with their fans and has removed some crypto language from its marketing.

Taylor Swift Approved Sponsorship Deal With FTX, Despite Previous Reports: NYT

[Jul 6, 2023 9:43 AM] Swift signed the sponsorship agreement worth as much as $100 million following more than six months of discussions.

DeFi Firms Sign Up to Balancer's Plan for Tackling Lack of Liquidity

[Jul 6, 2023 9:43 AM] Decentralized finance (DeFi) protocol Balancer has attracted several of its peers with a new tokenomics proposal dubbed the "8020 Initiative."

Celsius, Ex-CEO Alex Mashinsky Broke CFTC Rules: Bloomberg

[Jul 6, 2023 12:07 AM] CFTC could bring a case against Celsius by the end of the month, if its commissioners agree with the findings.

CryptoQuant Parent Raises $6.5M Round Led by Atinum Investment

[Jul 5, 2023 11:31 PM] The latest round brings the company's total capital raise to $9 million.

Circle Considers Issuing Stablecoin in Japan Under New Rules

[Jul 5, 2023 7:18 PM] The issuer of the USD coin is considering introducing a stablecoin in Japan, under the country's new regulatory framework.

BlackRock CEO Larry Fink Says Bitcoin Could ‘Revolutionize Finance’

[Jul 5, 2023 2:41 PM] BlackRock (BLK) CEO Larry Fink said crypto, specifically bitcoin (BTC), could revolutionize the financial system in an interview with Fox Business on Wednesday.

Centralization Comes to DeFi as Group Behind MIM, SPELL Tokens Mull Legal Shakeup

[Jul 5, 2023 1:25 PM] A project leader called for adding lawyers, jurisdictions and trustees for Abracadabra DAO, the entity overseeing Magic Internet Money (MIM) and SPELL tokens.

AI-Backed Blockchain Data Startup Web3Go Raises $4M

[Jul 5, 2023 11:21 AM] Binance Labs led the round with HashKey Capital, NGC and Shima Capital among the other backers.

Valkyrie Refiles for Spot Bitcoin ETF With Coinbase as Surveillance Partner

[Jul 5, 2023 8:59 AM] Valkyrie Digital Assets refiled its application for a spot bitcoin exchange traded fund (ETF) with the U.S. Securities and Exchange Commission, joining asset managers including BlackRock and Fidelity in taking another stab at the process.

Aave Holders Vote on Proposal for DeFi Protocol to Convert 1,600 Ether Into wstETH and rETH

[Jul 5, 2023 3:34 AM] Holders of Aave, the token that underpins its namesake's decentralized finance (DeFi) protocol, are taking part in a governance vote that will decide whether 1,600 ether (ETH) in the protocol's treasury will be converted to wrapped staked ether…

Crypto Custodian Cobo Argus Scores $100M in Value Locked One Week After Going Live

[Jul 5, 2023 1:53 AM] Argus V2 supports all open-source DeFi protocols and lets traders utilize DeFi bots to automatically monetize farming rewards, compounding and token swapping.

Gemini's Cameron Winklevoss Tweets $1.5B 'Final Offer' in Debt Talks Over Crypto Firm Genesis

[Jul 3, 2023 7:59 PM] Creditors of the crypto financial firm Genesis call for $1.5 billion of forbearance payments and loans denominated in dollars, bitcoin and ether, according to a term sheet posted on Twitter by the Gemini co-founder.

Three Arrows Founders to Donate Future Earnings to Creditors in Spirit of 'Karma'

[Jul 3, 2023 2:31 PM] The founders of the hedge fund that filed for bankruptcy last year have started an exchange for creditor claims, which is seeing $50 million in trading volume, said Davies.

Crypto ATM Operator Bitcoin Depot Debuts on Nasdaq Following SPAC Merger

[Jul 3, 2023 7:45 AM] The company plans to look for acquisition opportunities in the "highly fragmented" market, CEO Brandon Mintz said.

Applied Digital Stock Surges 12% After Announcing Its Third AI Deal

[Jun 30, 2023 1:16 PM] Applied Digital will be deploying HPE's Cray XD supercomputers in its AI cloud service.

Crypto Miner Hive Blockchain Touts Privacy of AI Models Running on Its GPUs

[Jun 30, 2023 12:30 PM] Hive wants to provide enterprise AI training in its fleet of GPUs.

Celsius to Potentially Sell More Than $170M in ADA, MATIC, SOL and Altcoins for BTC, ETH

[Jun 30, 2023 12:10 PM] Court documents from last November give a rough picture of the lender’s altcoin holdings.

OKX Overcomes FTX-Related Concerns Around Crypto Industry in $70M Expansion of Man City Sponsorship

[Jun 30, 2023 7:25 AM] Manchester City and OKX's other partners have been auditing the exchange's proof of reserves to ease concerns that it won't go the same way as FTX.

Citigroup Reviews Partnership With Metaco, in Talks With Other Crypto Custodians: Bloomberg

[Jun 30, 2023 6:22 AM] Banking giant Citigroup (C) is reviewing its partnership with crypto custody firm Metaco one month after Ripple Labs announced that it agreed to acquire Metaco for $250 million.