Business

DAO Backed by Deadmau5 to Launch on Multiple Platforms

The initiative is aiming to bring NFT Governance to the music industry.

Business  ·  9 November 2021

Ethereum Name Service Tokens Soar After $500M+ Airdrop

The newly-formed DAO and its governance tokens are enjoying a picture-perfect launch.

Business  ·  9 November 2021

Crypto Lender Nexo Makes Strategic Investment in SEC-Licensed Broker-Dealer

Cryptocurrency lender Nexo has made an unspecified strategic investment in U.S.-regulated broker-dealer Texture Capital.

Business  ·  9 November 2021

Ripple to Launch ‘Liquidity Hub’ With 5 Leading Cryptocurrencies

The Ripple Liquidity Hub will access BTC, ETH, LTC, ETC, BCH and XRP from a range of exchanges and OTCs.

Business  ·  9 November 2021

Compass Mining Launches Resale Market for Bitcoin Mining Equipment

Compass Mining starts a marketplace for retail miners to sell their mining rigs in the secondary market as the prices for miners rise.

Business  ·  9 November 2021

Crypto Exchange WOO Network Closes $30M Series A

WOO Network is betting on deep liquidity to break into the crypto exchange landscape.

Business  ·  9 November 2021

Bitcoin Miner Iris Energy Says IPO to Be Priced at $25-$27 per Share

Australian bitcoin miner Iris Energy plans to raise up to $223 million from its Nasdaq IPO.

Business  ·  9 November 2021

Kazakh Mining Hosting Firm Enegix Looks for Energy Autonomy Through Hydropower

Kazakhstan has seen severe electricity shortages, and local miners are facing power rationing.

Business  ·  9 November 2021

Solana Wallets Phantom, Solflare Eye Mobile for Growth

Phantom is launching a wallet app; Solflare’s is already live. Both projects see mobile as critical to expanding crypto’s reach.

Business  ·  9 November 2021

Neon Labs Raises $40M to Bring EVM Functionality to Solana

The Ethereum-compatible environment could lead to implementations of popular DeFi protocols on Solana.

Business  ·  9 November 2021

Reddit Co-Founder, Solana Ventures Launch $100M Initiative for Web 3 Social Media

Alexis Ohanian’s Seven Seven Six thinks Solana can support social at scale.

Business  ·  9 November 2021

Crypto Exchange Bitmart in Talks to Raise $20M at $300M Valuation: Report

Crypto exchange Bitmart is in talks to raise around $20 million at a $300 million valuation.

Business  ·  9 November 2021

UAE-Based Phoenix Technology Consultants Places Order for $650M Worth of Crypto Mining Rigs

The purchase is one of the biggest ever and puts U.A.E. on the crypto mining map.

Business  ·  9 November 2021

Robinhood Shares Fall After Data Security Breach Revealed

Robinhood’s stock fell after the trading platform acknowledged a Nov. 3 data breach

Business  ·  8 November 2021

PayPal’s Q3 Earnings Beat Estimates but Revenues Fall Short

The payments giant added 13.3 million new accounts in the quarter, up from 11.4 million in the prior quarter.

Business  ·  8 November 2021