Business

Snoop Dogg, Deadmau5 Headline New Members of Outlier Ventures’ Accelerator

Others joining the incubator for Metaverse-related projects include consumer brand guru Shaun Neff, as well as the founders of Sandbox and Polygon.

Business  ·  18 November 2021

Bitcoin Miner PrimeBlock Plans to Go Public by Merging With 10X Capital: Report

The potential deal would value the combined entity at about $1.5 billion, Bloomberg reported.

Business  ·  18 November 2021

Cypher Raises $2.1M for Traditional Futures Market on Solana

The protocol wants to become an influential outpost for pre-launch price discovery.

Business  ·  18 November 2021

Bitcoin Miner Bitdeer to Go Public With SPAC Merger; Deal Values Company at Around $4B

The combined company will be renamed to Bitdeer Technologies Group and remain listed on Nasdaq.

Business  ·  18 November 2021

Invesco Defers Launch of Blockchain ETF in India

The fund manager cited regulatory uncertainty; India’s government is discussing new crypto legislation.

Business  ·  18 November 2021

Crypto Exchange Gemini Trust Could Have $7B Valuation After $400M Funding Round: Report

The Winklevoss exchange is the latest crypto firm to look for funding amid a booming market.

Business  ·  18 November 2021

Investors Offer OpenSea $10B Valuation in New Round: Report

Investors are coveting a piece of the NFT marketplace after it hit record trading volumes in the summer.

Business  ·  18 November 2021

Bitcoin Still Unsuited for Mainstream Payments, Says Deutsche Bank

Legacy payment networks still win for mainstream payment uses, the investment bank wrote this week.

Business  ·  17 November 2021

ConsenSys Plots Massive Expansion Following $200M Raise

The Ethereum builder, now valued at $3.2 billion, is planning to hire 400 staffers.

Business  ·  17 November 2021

SEC Reportedly Looking Into BlockFi’s Crypto Yield Products

The crypto lender was already in hot water with a number of state securities regulators earlier this year.

Business  ·  17 November 2021

Bit Digital Migrates All of Its Bitcoin Mining Out of China Amid Ban

The New York based miner expects to increase its mining power to 2.6 EH/s by mid-next year.

Business  ·  17 November 2021

Bitcoin Miner Iris Energy Upsizes Its IPO, Valuing Company at $1.5B

The Australian bitcoin miner expects to start trading on the Nasdaq Nov. 19 under the ticker symbol IREN.

Business  ·  17 November 2021

KuCoin Labs Launches $100M Fund for Metaverse Projects

KuCoin Labs, the investment and research firm spun out of the crypto exchange KuCoin has launched a $100 million fund to invest in Metaverse start-up projects.

Business  ·  17 November 2021

‘Ethereum Killers’ Are Helpful, Not Harmful

Also: Real-world countries and constitutions collide with the digital world.

Business  ·  17 November 2021

LA’s Iconic Staples Center to Be Renamed Crypto.com Arena

The naming deal is one of the biggest in sports history, according to the L.A. Times.

Business  ·  17 November 2021