Business

Hut 8 Mining

Hut 8 Second-Quarter Revenue Climbs Fourfold

The company predicted it will mine as many as 22 bitcoins a day in the fourth quarter as new machines are deployed.

Business  ·  12 August 2021
Fundraising

Lending Startup Upgrade Closes $105M Series E Round

The company recently launched a credit card that pays rewards in bitcoin rather than cash.

Business  ·  11 August 2021
Fintech

Fintech App Titan Adds Actively Managed Crypto Basket

Titan Crypto will feature a basket of cryptocurrencies including BTC, ETH, XLM and ADA.

Business  ·  11 August 2021
Asset Management

Neuberger Berman Greenlights Indirect Crypto Investments for Commodities Fund

The $400 billion asset manager is expanding its investments strategy to include bitcoin and ether.

Business  ·  11 August 2021
Wyoming

Commercium Financial Becomes Fourth Wyoming-Chartered Crypto Bank

None of the chartered applicants have received a certificate of authority to operate yet, however.

Business  ·  11 August 2021
Coinbase

PNC Bank Planning Crypto Offering With Coinbase

A source said PNC, the fifth-largest bank in the U.S., plans to offer crypto investment services to clients.

Business  ·  10 August 2021
Coinbase

Coinbase Rakes In $1.9B in Transaction Revenue in Q2, Beating Estimates

The largest cryptocurrency exchange in the U.S. warned, however, that its number of monthly transacting users and trading volume would be lower in the third quarter.

Business  ·  10 August 2021
CBDCs

Jamaica’s Central Bank Mints Country’s First Batch of CBDCs

The pilot program was originally supposed to launch in May, but was delayed for unspecified reasons.

Business  ·  10 August 2021
Coinbase

Coinbase’s Second-Quarter Earnings Report: Here’s What You Need to Know

Investors will be watching to see how much Coinbase has earned on the strong retail trading volumes experienced in Q2.

Business  ·  10 August 2021
Venture Capital

A16z Leads $111M Token Sale for Helium’s HNT

The token-powered decentralized telecommunications project is bringing on fresh capital.

Business  ·  10 August 2021
NFTs

DraftKings Charts NFT Long-Game With Marketplace Debut

Tom Brady’s NFT platform, Autograph, is powering the sports betting app’s foray into the world of digital collectibles.

Business  ·  10 August 2021
Bitcoin

AMC to Accept Bitcoin for Tickets and Concessions Later This Year

America’s largest theater chain is leaning into crypto but did not specify what technology it would use to accept payments.

Business  ·  9 August 2021
Coinbase

Ex-SEC Director Brett Redfearn Leaves Coinbase After 4 Months

The departure of Coinbase's VP of capital markets points to a strategy shift within the publicly traded crypto exchange.

Business  ·  9 August 2021
UBS

Broadridge Adds UBS to Its Distributed Ledger Repo Product

The Swiss financial giant is the first bank on the platform that Broadridge has publicly announced.

Business  ·  9 August 2021
USDC

USDC Builder Circle Says It Wants to Become a National Crypto Bank

The plans would take Circle well beyond the OCC banking charter already conditionally issued to several firms.

Business  ·  9 August 2021