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Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena

[May 11, 2023 11:39 AM] Thursday's reported first-quarter earnings from miners were a mixed bag.

Smart-Contract Registry Cookbook Raises $2M to Create Web3 Developer Support Tools

[May 11, 2023 11:03 AM] The company will use the money to educate Web3 developers and supply them with tools to streamline their work.

Coinbase Says it 'Screwed Up' Pepecoin Coverage in Its Newsletter

[May 11, 2023 10:41 AM] The crypto exchange set off a kerfuffle by describing the Pepe the Frog meme as having been co-opted as a hate symbol by alt-right groups.

Bitcoin’s High Fees Brought Back Bull Market-Level Mining Revenue, But Not for Long

[May 11, 2023 9:40 AM] The transaction fees debacle might be a short lived revenue bump for the miners but provides a glimpse of the future for the miners.

Binance’s VC Arm, With Over 200 Investments, Focuses on 'Explosive' Potential for Web3

[May 11, 2023 9:27 AM] Binance Labs has grown its assets to $9 billion from $7.5 billion despite a bear market and the post-FTX collapse turbulence.

Robinhood's Crypto Revenue Down 30% Year-Over-Year in Q1

[May 11, 2023 8:22 AM] The trading platform also reported holding around $11.5 billion worth of crypto in assets under custody, an increase of 36% compared to the figure of $8.4 billion for Q4 2022.

Decentralized Wallet Developer Odsy Network Raises $7.5M at $250M Valuation

[May 11, 2023 7:00 AM] The funding round was led by Blockchange Ventures and included participation from firms such as Rubik Ventures, Node Capital and FalconX.

Hut 8 First-Quarter Revenue Drops 64% as Bitcoin Mining Difficulties Bite

[May 11, 2023 6:03 AM] The mining firm had to turn off about 8,000 machines in Ontario due to a dispute with its energy provider in mid-November.

Franklin Templeton to List Blockchain Fund Targeting Institutional Investors

[May 11, 2023 2:49 AM] The Blockchain Fund II is a private equity fund and will carry a minimum investment sum of $100,000.

Bitcoin Miner Marathon First-Quarter Earnings Beat Estimates as SEC Extends Probe

[May 11, 2023 2:28 AM] The U.S. regulatory body is probing related-party transactions that may have violated securities laws.

Coinbase Newsletter Flags Rise of Pepecoin and BRC-20 Tokens, Irks Crypto Twitter

[May 11, 2023 1:08 AM] A Coinbase newsletter said meme coins allow investors to make big profits in a short period of time but warned of long-term investing in these tokens.

Aragon’s ANT Rallies After Cofounder Proposes Token Buybacks to End Activist Crisis

[May 10, 2023 2:57 PM] Aragon's governance crisis began to subside Wednesday after the DAO builder's cofounder proposed buybacks, seemingly siding with a key talking point of activist investors.

Uniswap Weighs Proposal to Enrich Token Holders, Switch on Liquidity Pool Fees

[May 10, 2023 1:33 PM] The plan to implement fees on all of Uniswap’s version two liquidity pools, and some of its version three pools, would funnel money to the protocol’s treasury and token holders.

U.S. Internal Revenue Service Files Claims Worth $44 Billion Against FTX Bankruptcy

[May 10, 2023 1:05 PM] The largest of the claims includes a $20.4 billion claim against Alameda Research LLC, which details nearly $20 billion in unpaid partnership taxes.

Bitcoin Liquidity on the Brink as Market Makers Pare Back in Crypto Markets

[May 10, 2023 10:29 AM] The abrupt exit of Jane Street and Jump, two crucial cryptocurrency market makers, has the potential to disrupt the liquidity flow across the industry, according to a Kaiko analyst.

Tether Reports $1.48B Profit in Q1, Reveals Bitcoin, Gold Reserves

[May 10, 2023 10:10 AM] The company’s USDT stablecoin has seen rapid growth this year as the U.S. banking crisis hit rivals.

Crypto Isn’t Ready for Jack Bogle

[May 10, 2023 9:30 AM] Alex Botte of Runa Digital Assets explains why crypto isn’t ready for passive investing.

U.S. CPI Inflation Falls to 4.9% in April; Bitcoin Rises Above $28K

[May 10, 2023 6:37 AM] The Federal Reserve last week suggested it could pause its long series of rate hikes even as inflation remains well above its 2% target.

EY Launches Ethereum-Based Carbon Emission Tracking Platform

[May 10, 2023 6:00 AM] The EY OpsChain ESG made the announcement at the firm’s Global Blockchain Summit in London. T

US Authorities Extradite UK Citizen Behind 2020 Twitter Hack, SIM Swap Crypto Theft

[May 9, 2023 7:30 PM] Twenty-three-year-old Joseph O’Connor, known by his handle PlugWalkJoe, was arrested in Spain in 2021.

Market Makers Jane Street, Jump Retreating From U.S. Crypto Trading: Bloomberg

[May 9, 2023 3:21 PM] The move comes as U.S. regulatory scrutiny of the crypto industry has intensified, Bloomberg reported.

Aragon Cancels Planned Community Control of $200M Treasury Amid Battle With Activist Investors

[May 9, 2023 2:33 PM] The Swiss organization alleged investors including Arca were mounting a 51% attack.

Marathon Teams Up With Abu Dhabi's Zero Two for Middle East's First Large-Scale Liquid Cooled Bitcoin Mining

[May 9, 2023 2:14 PM] The U.S.-based miner is teaming with Zero Two, a digital assets infrastructure development company focused on supporting the power grid of Abu Dhabi.

Worldcoin Launches World App to Bolster Decentralized Identity and Finance for Mass Adoption

[May 9, 2023 1:30 PM] Worldcoin, the project supported by Openai CEO Sam Altman, has launched the World App to complement the release of World ID. The application aims to democratize decentralized identities and finance by utilizing World ID to enable users to sign into…

Heavyweight Hedge Fund Arca Joins Activist Fight Against DAO Builder Aragon

[May 9, 2023 11:05 AM] The crypto investment fund sent a letter demanding Aragon conduct buybacks of its ANT token.

Crypto Media Outlet Blockworks Raises $12M at $135M Valuation

[May 9, 2023 9:21 AM] The 10T Holdings-led round had a $135 million post-money valuation.

DeFi Broker Prime Protocol Introduces Bridgeless Cross-Chain Token Transfers

[May 9, 2023 9:00 AM] The protocol aims to eliminate the need for token bridges, wraps and swaps to make moving crypto tokens between blockchains safer.

Xapo Bank to Enable Tether Deposits, Withdrawals

[May 9, 2023 8:40 AM] The crypto-friendly bank announced earlier in the year support for USDC services.

Microsoft, Goldman Sachs, others partner in new blockchain network

[May 9, 2023 7:49 AM] The Canton blockchain network for financial institutions is being launched by Digital Asset and a group of firms, including Microsoft, Goldman and Deloitte.

NFT Project Pudgy Penguins Raises $9M

[May 9, 2023 7:28 AM] The fundraise comes after a leadership change that led to an increased focus on utilizing the intellectual property.