News

Customers Bank Veers Into Crypto With Transfer Token, $1.5B in Crypto-Related Deposits

The Pennsylvania-based bank, 0.52% the size of JPMorgan, is making a a big play for business clients from the crypto sector.

Business  ·  2 November 2021

CME to Launch Micro ETH Futures on Dec. 6

The Micro Ether Futures will be cash-settled and based on the CME CF Ether-Dollar Reference Rate.

Business  ·  2 November 2021

Thailand’s Oldest Bank Acquires Majority Stake in Country’s Largest Crypto Exchange

Siam Commercial Bank (SCB) has acquired a 51% stake in Thai cryptocurrency exchange Bitkub.

Business  ·  2 November 2021

FTX US Hires Former CFTC Commissioner as Head of Policy and Regulation

Mark Wetjen will be responsible for the exchange’s communications with U.S. regulatory and legislative bodies such as the CFTC and the SEC.

Business  ·  2 November 2021

Animoca Brands Backs Upland’s Real Estate-Based Metaverse With $18M Raise

The property game is home to more than 100,000 landowners across 13 virtual cities.

Business  ·  2 November 2021

Crypto Investment Firm Sanctor Capital Raises $20M for First Fund

Veterans of Crypto Briefing started Sanctor earlier this year with a focus on GameFi.

Business  ·  2 November 2021

Ether Hits Fresh Record High, Sandbox’s SAND Leads Rally in Metaverse Coins

Ether refreshed record highs on Tuesday amid continued bullish flows in the options market, while tokens associated with virtual reality games extended their rally on Facebook’s recent championing of metaverse.

Markets  ·  2 November 2021

Metaverse Startup The Sandbox Closes $93M Series B Led by SoftBank

The Animoca Brands' metaverse startup counts 500,000 registered wallets.

Business  ·  2 November 2021

Coinbase Acquires AI Customer Support Startup Agara

Coinbase's deal with Agara is reportedly worth somewhere between $40 million and $50 million.

Business  ·  2 November 2021

Kleiman v. Wright: Bitcoin’s Trial of the Century Kicks Off in Miami

At stake: The ownership of Satoshi Nakamoto’s 1.1 million bitcoins.

Others  ·  2 November 2021

Coinbase Revenues Could Hit Nearly $50B by 2025, Investment Firm Says

Crypto exchange giant Coinbase is best-positioned to benefit from the industry’s strong growth, writes investment firm Hayden Capital in a memo.

Business  ·  1 November 2021

Argo Blockchain Achieves Record Revenue in Third Quarter

Argo Blockchain’s Q3 revenue and earnings hit record levels as it mined 597 bitcoin in the quarter.

Business  ·  1 November 2021

Bitfarms Hits Record High Hashrate in October and Forecasts Additional Growth

Bitfarms expects to expand its bitcoin mining power by 11% in November, after achieving 1.8 EH/s in October.

Business  ·  1 November 2021

Mawson Infrastructure Group Lists Mining-Focused ETF in Australia

The firm’s Cosmos Asset Management unit listed its crypto mining and digital infrastructure-focused ETF on Australia’s Chi-X stock exchange.

Business  ·  1 November 2021