Business

Spencer Dinwiddie

Spencer Dinwiddie’s Crypto App for Creators Raises $7.5M

The round included everyone from Animoca Brands to Matt James from “The Bachelor.”

Business  ·  1 July 2021
Token Sales

Enjin Sells $20M of New EFI Token in CoinList Sale

EFI is the native token of Efinity, a Polkadot-based parachain with a focus on non-fungible tokens.

Business  ·  1 July 2021
Venture Capital

CoinFund Leads $2.3M Investment in Esports Startup Trying to Bring Crypto to Gamers

Community Gaming's seed round also drew NFT collector WhaleShark, Multicoin Capital and Kevin Durant's Thirty Five Ventures.

Business  ·  1 July 2021
Hut 8 Mining

Hut 8 Buys $44M Worth of Miners, Doubling Its Hashrate

The purchase will bring the company 11,090 new miners from SuperAcme Technology.

Business  ·  30 June 2021
Algorand

Algorand Gets Cozy With Crypto Custodian Copper

Algorand is looking beyond Copper’s safe-keeping provisions to explore the custodian’s ClearLoop system of instant asset exchange and settlement.

Business  ·  30 June 2021
Funding Rounds

Crypto Trading Firm Valkyrie Raises $10M to Drive Bitcoin ETF Hopes

Tron founder Justin Sun, Litecoin founder Charlie Lee and former Major League pitcher C.J. Wilson participated in the round.

Business  ·  30 June 2021
China

China’s Bitcoin Mining Crackdown Is a Boon for Miners Elsewhere

Miners outside of China are getting a financial boost from their competition’s forced exile. Will the trend continue?

Business  ·  30 June 2021
Funding Rounds

Blockware Raises $25M to Expand Bitcoin Mining Operations in Kentucky

The mining firm will use the funding to buy 14,000 rigs – 8,000 for itself and 6,000 to sell.

Business  ·  30 June 2021
Security Tokens

Security Tokens Are Back and This Time It’s Real

Billions in private assets could be securitized on a blockchain and sold to traders. So why haven't security tokens taken off yet?

Business  ·  30 June 2021
DeFi

Coinbase Debuts Savings Product With 4% APY on USDC Deposits

The crypto exchange is touting far higher yields than what traditional savings accounts can offer.

Business  ·  29 June 2021
DeFi

DeFi Meets AI: Fetch.ai Launches ‘Intelligent Automation’ for Uniswap V2 and PancakeSwap

Users will be able to create up to five “DeFi Agents” with stop-loss triggers.

Business  ·  29 June 2021
FTX

Tom Brady, Gisele Bündchen Become Part Owners of FTX

The financial terms of the long-term partnership with Sam Bankman-Fried’s trading empire were not disclosed.

Business  ·  29 June 2021
DeFi

A16z Leads $12M Investment in DeFi-Native Crypto Tracing Firm Nansen

“We’re not basing our company on some KYC’d version of DeFi coming out in the future,” said Nansen CEO Alex Svanevik.

Business  ·  29 June 2021
Standard Chartered Bank

TP ICAP Plans to Join Fidelity, Standard Chartered to Launch Crypto-Trading Platform: Report

The platform will launch later this year, offering bitcoin trading initially with ether to be added thereafter.

Business  ·  29 June 2021
ARK Invest

Cathie Wood’s ARK Invest, 21Shares Team Up to Enter Bitcoin ETF Race

The firm is partnering with 21Shares in a bid to get a bitcoin ETF over the finish line with U.S. regulators.

Business  ·  28 June 2021