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Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits

[May 17, 2023 6:00 AM] The company, which issues the $82 billion USDT stablecoin, reported $1.48 billion of net profits in 2023 Q1 and revealed $1.5 billion in BTC holdings.

StanChart-Backed Zodia and LMAX Digital to Provide CoinShares With Crypto Trading Infrastructure

[May 17, 2023 4:58 AM] LMAX Digital and Zodia Custody are to provide institutional-grade trading infrastructure and custody to CoinShares.

CoinShares posts highest quarterly earnings since Q1 2022

[May 16, 2023 2:29 PM] Crypto investment firm CoinShares posted its most profitable quarter in a year, according to its latest quarterly earnings report.

Balancer Might Arbitrage Itself to Rescue Inverse Finance’s Frozen Crypto

[May 16, 2023 1:40 PM] Automated market maker Balancer is working with a trio of DeFi protocols to rescue crypto frozen since Euler's massive hack.

Bitcoin Miner Cormint Raises $30M Series A to Build Texas Data Center

[May 16, 2023 9:19 AM] Executives of Nasdaq-listed semiconductor firm Silicon Laboratories participated in the round.

Peter Thiel Backs Bitcoin Startup River in $35M Round

[May 16, 2023 7:38 AM] The Series B round for the Bitcoin financial services provider was led by Kingsway Capital.

Bitcoin Miner Marathon Digital-Linked Startup Auradine Raises $81M

[May 16, 2023 7:36 AM] The Bitcoin miner backed the web infrastructure startup, and CEO Fred Thiel sits on the board.

Justin Sun Says Huobi Founder Li Lin's Brother Acquired HT Token for Free and Cashed Out

[May 16, 2023 4:51 AM] Tron founder blockchain and Huobi stakeholder Justin Sun has lodged a series of accusations against the brother of Huobi founder Li Lin, alleging that he acquired Huobi's native token (HT) "abnormally" at zero cost and sold it for "huge amounts of…

The New Crypto Cycle Will Be About Ether Yields: Bernstein

[May 16, 2023 2:04 AM] Ether staking trends following the Shanghai upgrade have beaten expectations, the report said.

BlockFi Creditors Say Crypto Lender Was a Victim of Bad Management

[May 16, 2023 1:08 AM] The creditors committee said in a court filing that BlockFi was pressing a “false case narrative” by portraying itself as a victim, and more blame should be placed on its management.

Coinbase Initiated at Hold, Likely To Face Enforcement Action From SEC: Berenberg

[May 16, 2023 1:05 AM] Executing a successful pivot away from the U.S. would be a tall order for the crypto exchange, Berenberg said.

Lending Platform Atlendis Deploys Upgrade on Polygon, Opens $2M Lending Pool for Banxa

[May 16, 2023 1:00 AM] Atlendis Labs is a blockchain-based credit marketplace that offers revolving credit lines for small and medium-sized businesses and fintech firms.

Matrixport Integrates With Copper’s ClearLoop on Prime Brokerage Offerings

[May 15, 2023 10:00 PM] The collaboration will see Matrixport integrating with Copper’s ClearLoop to offer its institutional clients off-exchange settlement.

DeFi Project Hector Mulls Legal Wrapper to Shield DAO

[May 15, 2023 2:22 PM] A legal wrapper proposed by leaders of the Fantom-based protocol would empower employees of Hector and, according to critics, undercut the community of HEC holders.

Crypto Mining Data Center Soluna Stock Surges After $14M Investment Deal

[May 15, 2023 12:50 PM] The investment includes a $2 million loan and $12 million in equity.

Tether boasts of its financial stability after strong profits, money moved out of banks

[May 15, 2023 12:00 PM] Tether Holdings wants to make sure the world is aware of its positive first-quarter attestation in the face of rumors and criticism.

Crypto Startup Hourglass Starts Unique Marketplace to Trade Locked Up DeFi Assets

[May 15, 2023 10:00 AM] The company raised $4.2 million in seed round, led by ElectricCapital.

Bitcoin Has a 'Real Problem' in U.S.: Paul Tudor Jones

[May 15, 2023 9:01 AM]

Bitcoin Miner Bitfarms Accelerates 6 EH/s Hashrate Target As Quarterly Loss Per Share Narrows

[May 15, 2023 6:45 AM] In Q1 2023, the bitcoin miner's net loss per share narrowed to 1 cent, from 8 cents the previous quarter.

Bankrupt Crypto Lender Celsius Transfers $75M of Ether to Staking Service Figment

[May 15, 2023 6:23 AM] The maneuver represents one of the largest transfers of funds for Celsius Network since it filed for bankruptcy protection in July.

Quadriga CX Bankruptcy Claimants to Get 13% on the Dollar

[May 12, 2023 5:22 PM] The interim distribution to users will account for 87% of the funds the collapsed exchange’s Trustee is currently holding.

Bakkt Mass Delists Tokens Including Aave, Avalanche, Compound, Filecoin, MakerDAO and Uniswap

[May 12, 2023 3:28 PM] Intercontinental Exchange-owned Bakkt discontinued its consumer-facing app in February as it shifts away from retail

Binance Announces Exit from Canada, Citing Regulatory Tensions

[May 12, 2023 1:47 PM] The world’s largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit.

MakerDAO Founder Proposes Plan for Upgraded Versions of DAI Stablecoin, Governance Token

[May 12, 2023 12:47 PM] Rune Christensen also proposed to incorporate artificial intelligence-assisted processes into Maker’s governance.

LG Electronics Seeks Patent for TV Which Lets Users Trade NFTs

[May 12, 2023 6:31 AM] LG has been a node operator on the Hedera Network since 2020.

Inflation Expectations of Eurozone Consumers ‘Increased Significantly,’ ECB Says

[May 12, 2023 4:30 AM] Consumers in the euro area have sharply raised their expectations about inflation in the coming months, the European Central Bank revealed. Survey data showing this comes after the monetary authority slowed the pace of its rate hikes last week…

Crypto Miner Hive Blockchain Targets 6 EH/s of Computing Power Funded by Up to $100M Share Sale

[May 12, 2023 1:05 AM] The miner will sell its common shares under an at-the-market (ATM) offering, with investment firms Canaccord Genuity and Stifel acting as agents.

Binance.US Explores Ways to Decrease CZ's Dominant Share: The Information

[May 11, 2023 5:04 PM] Since the summer of 2022, Zhao has been attempting to offload at least a portion of his shares, according to one individual that spoke with The Information.

Elon Musk's Twitter, Crypto's Town Square, Has Found a New CEO

[May 11, 2023 2:47 PM] Musk says he'll shift to being chief technology officer.

Polychain Snubs Lucrative Crypto Arbitrage, Prepares to Trade $6M of ROOK Token on Uniswap

[May 11, 2023 12:51 PM] Crypto hedge fund Polychain motioned to sell up to $6 million of $ROOK tokens via Uniswap, upending the calculus behind a savvy DeFi trade.