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Cipher Mining Buys 11,000 Crypto Mining Rigs From Canaan, Reaches 6 EH/s Hashrate

[May 9, 2023 6:18 AM] Cipher has an eye on hashrate of 8.2 EH/s by the end of the year.

Galaxy Digital Posts $134M First-Quarter Profit on Strong Showing for Crypto Market

[May 9, 2023 6:12 AM] The figure compares with a net losses of $111.7 million in the year-earlier period and $288 million in the fourth quarter.

Hut 8's Alberta Bitcoin Mine Running at 15% Installed Hashrate Due to Electrical Issues

[May 9, 2023 5:28 AM] The firm has been facing operational issues as it tries to complete a merger with U.S. Bitcoin Corp.

Digital Asset Will Start Global Blockchain Network With Deloitte, Goldman Sachs and Others

[May 9, 2023 2:00 AM] Financial technology company Digital Asset has announced it will be launching a privacy-enabled interoperable blockchain network designed for institutional assets to provide a decentralized infrastructure, it announced Tuesday.

Crypto Options Liquidity Provider OrBit Markets Offers Bitcoin and Gold-Hybrid Derivative

[May 8, 2023 6:55 PM] The company said the product’s finalized payoff depends on the joint performance of both BTC and its gold-backed token XAUT.

Warren Buffett Sees ‘No Option’ Other Than US Dollar as Reserve Currency, but Warns Fed Can’t ‘Just Print Money Indefinitely’

[May 8, 2023 2:30 PM] Warren Buffett, CEO of Berkshire Hathaway and one of the most renowned investors in the market, stated that he saw no viable option to become the world’s reserve currency besides the U.S. dollar. However, he warned about the dangers that…

P2P Bitcoin Exchange Paxful Back Online After Temporary Suspension

[May 8, 2023 11:49 AM] Peer-to-peer (P2P) bitcoin exchange Paxful has resumed operations after being shut down for over a month, the company said in a blog post.

Private-Equity Giant Apollo Is Part of a Bid to Buy Bankrupt Crypto Firm Celsius

[May 8, 2023 11:11 AM] The $500 billion-plus firm is involved in NovaWulf's offer for Celsius, according to a person familiar with the matter.

Web3 Firm Artifact Labs Raises $3.25M From Blue Pool Capital, Animoca, Others

[May 8, 2023 7:00 AM] Hong Kong’s South China Morning Post spun off its NFT business into a new firm called Artifact Labs in March 2022.

Binance Resumes Bitcoin Withdrawals After Second Pause, Says Its Adjusting Fees and Integrating Lightning Network

[May 7, 2023 8:31 PM] The second pause comes less than eight hours after its first pause as the crypto exchange grapples with unprecedented Bitcoin network congestion.

Push to Use National Currencies in SCO Cannot Be Stopped, Russia’s Lavrov Says

[May 6, 2023 7:30 AM] Efforts to transition to trade in national currencies in the Shanghai Cooperation Organization (SCO) can no longer be stopped, according to Russian Foreign Minister Sergey Lavrov. During a meeting with his colleagues in India, Moscow’s top diplomat…

Aragon Fires Back at Activist Investors in Early Stages of DAO Governance Fight

[May 5, 2023 2:27 PM] After attempting to thwart what it called a "coordinated" attack on its town square, Aragon reiterated its “code is law” position.

Coinbase Jumps 17% Post-Earnings; Analysts Praise Results but Worry About Regulatory Uncertainty

[May 5, 2023 10:36 AM] Coinbase (COIN) shares are up sharply after the company’s first quarter results topped analyst estimates on both revenue and loss per share.

BNP Paribas Will Link Digital Yuan to Bank Accounts for Promoting CBDC Use: Report

[May 5, 2023 5:50 AM] BNP Paribas' corporate clients will be able to connect to China's e-CNY through a connection to the Bank of China's system.

ECB Raises Interest Rates by 25bps Amid ‘Too High’ Inflation, ‘No Pause,’ Lagarde Says

[May 4, 2023 9:30 PM] The European Central Bank (ECB) raised its key interest rates by 25 basis points, slowing the pace from previous increases. However, as inflation in the euro area remains persistently high, future rate hikes may still be expected with the regulator…

Israel Has Seized 190 Binance Accounts With Alleged Terrorist Ties Since 2021: Reuters

[May 4, 2023 7:45 PM] Israeli authorities say the accounts on crypto exchange Binance belonged to individuals affiliated with Daesh and Hamas.

3% Tax on Crypto Transfers Part of Kenya's Proposed Budget: Bloomberg

[May 4, 2023 6:20 PM] Kenya's Finance Ministry, the National Treasury, has proposed a 3% tax on the transfer of digital assets for the coming budget year.

Decentralized Exchange SushiSwap Rolls Out V3 Liquidity Pool on 13 Chains

[May 4, 2023 3:00 PM] The new liquidity pools aim to help users reduce financial risks and increase their profits across networks.

Block’s Q1 Bitcoin Revenue Rises 18% From Q4, Gains 25% From a Year Ago

[May 4, 2023 2:56 PM] For the full year, Block’s bitcoin revenue declined 29% from 2021 due to the fall in the price of bitcoin, the company said.

Coinbase Shares Rise as Q1 Revenue Grows 23% to $773M From Q4

[May 4, 2023 2:19 PM] The crypto exchange reported first quarter results after the close on Thursday.

Judge Upholds Freeze on SpartacusDAO's $35M in Lawsuit Served Via Discord, NFT

[May 4, 2023 11:50 AM] Activist investors are suing the leader of SpartacusDAO. He hasn't shown up in court after ignoring multiple attempts to serve him.

Hamilton Lane Offers Polygon-Based Tokenized Access to a Second Fund

[May 4, 2023 9:59 AM] Access to the Senior Credit Opportunities Fund is available through a feeder fund from Securitize.

Alibaba Cloud Builds Metaverse Launchpad on Avalanche

[May 4, 2023 9:27 AM] Named Cloudverse, the launchpad is designed to provide an end-to-end platform for companies to customize and maintain their metaverse spaces.

Stronghold Digital to Add 400 PH/s Capacity Via 4K Bitcoin Miners From Canaan Subsidiary

[May 4, 2023 8:33 AM] The machines will be installed in two tranches, one by mid-May and the second by mid-June.

Coinbase Ventures Backs $10M ZkLink Raise Ahead of Mainnet Launch

[May 4, 2023 8:25 AM] ZkLink offers a zero-knowledge rollup-backed decentralized trading infrastructure that makes it easier to trade between chains.

Alchemy Ventures Backs $4M Round for NFT Platform Vibe

[May 4, 2023 8:00 AM] The no-code NFT-to-product toolset allows creatives to add utility and value to their tokens.

US Banking Industry in Turmoil: A Comprehensive Look at the ‘Great Consolidation’ and Largest Bank Failures of 2023

[May 4, 2023 7:30 AM] 2023 has been a rollercoaster ride for the U.S. banking industry. The collapse of three major banks has sent shockwaves through the financial world, with their combined assets surpassing the top 25 banks that crumbled in 2008. The following is a…

OpenTrade Raises Over $1.5M for Building Crypto Structured Financial Products

[May 4, 2023 7:00 AM] The platform will offer liquidity pools for U.S. Treasury bills, later this year.

Gaming Studio Bitblox to Build On-Chain Games for $68B Online Gambling Industry

[May 4, 2023 7:00 AM] Bitblox Games will exclusively build crypto games on the Hxro Network, a Solana-based distributed liquidity layer for betting applications.

U.S. Court Orders SEC to Respond to Coinbase Allegations Within 10 Days

[May 4, 2023 6:47 AM] Coinbase last week argued that the SEC is providing insufficient regulatory guidance for U.S. companies operating in the crypto sector.