Business

Chinese Miner The9 Signs JV Agreement With Kazakhstan Firm KazDigital

The two firms will launch a new mining site in Kazakhstan that will be used to deploy The9's mining machines and potentially other third-parties' machines.

Business  ·  4 August 2021

Ethereum and DeFi, Not Bitcoin, Boosting Genesis Lending

Despite a bearish market, Genesis’ Q2 was the firm’s largest quarter to date.

Business  ·  4 August 2021
Fundraising

Gaming Community Pledges $203M in Ember Sword’s Virtual NFT Land Sale

Nearly 35,000 people submitted applications to purchase 6,000 virtual plots.

Business  ·  4 August 2021
Bitcoin Mining

Hive Purchases 4,000 Bitcoin Mining Machines From Canaan

The order will be completed in two tranches by the end of September.

Business  ·  3 August 2021
Voyager Digital

Voyager Digital to Acquire Crypto Payment Company Coinify in $84M Deal

Under the deal, Coinify investors will be issued 5.1 million Voyager shares and $15 million in cash.

Business  ·  2 August 2021
Bitmain

Marathon Digital to Buy $121M of Mining Machines From Bitmain

The contract is for 30,000 Antminer S19J Pro machines, the company said in a statement.

Business  ·  2 August 2021
Bitcoin

MicroStrategy CEO Likens Borrowing to Buy Bitcoin to Investing Early in Facebook

Michael Saylor defended his company’s debt-fueled, bitcoin buying spree over the last year by saying it continued to be a great investment.

Business  ·  30 July 2021
DeFi

ConsenSys Chief Joe Lubin: Ethereum’s ‘Enterprise’ Play Is Evolving

What does enterprise blockchain mean in the context of Ethereum going big on DeFi and NFTs?

Business  ·  29 July 2021
DeFi

Ex-Poker Pros Raise $130M Fund for DeFi Bets

Ascensive Assets’ investors are mainly high-net-worth individuals in Asia connected to the gambling industry.

Business  ·  29 July 2021
Research

Crypto User Numbers Double in 6 Months

Research carried out by Crypto.com identified more than 220 million users of crypto by the end of June.

Business  ·  29 July 2021
Ethereum

Decentralized Video Protocol Livepeer Raises $20M to Take On Streaming Giants

Digital Currency Group, Coinbase Ventures and CoinFund were among those to join the latest funding round.

Business  ·  29 July 2021
Europe

EU-Backed Investment Fund Puts $30M Into Crypto VC Firm’s New $130M Vehicle

The backing of Fabric Ventures marks the first time a fund affiliated with the European Commission has invested in digital assets.

Business  ·  29 July 2021
DeFi

Uniswap Says It’s Talking With PayPal, Robinhood and More in Deleted Video

In a talk at the EthCC conference in Paris, Uniswap’s growth lead hinted at possible tie-ups with PayPal, E*Trade and Stripe.

Business  ·  28 July 2021
FTX

FTX Renames Blockfolio Trading App to … FTX

The trading app, which was acquired by FTX in 2020, now bears its owner's name.

Business  ·  28 July 2021
Crypto Custody

Prime Trust Raises $64M to Scale Fintech Infrastructure Biz

The crypto custody firm is planning an “aggressive” hiring campaign to extend its reach into the world of fintech.

Business  ·  28 July 2021