Cash Management Firm Coinshift Closes $15M Series A Led by Tiger Global
Treasury management platform Coinshift has closed a $15m series A funding round, with investment from the likes of Tiger Capital and Alameda Ventures. Original Source
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Dutch Finance Official Wants to Ban Retail Investors From Trading Crypto Derivatives
“I maintain that the trade in crypto derivatives should be restricted to wholesale trade,” said Paul-Willem van Gerwen, head of Capital Markets and Transparency Supervision at the Dutch Authority for Financial Markets (AFM). He cited the risks of markets that are opaque, and prone to manipulation and other criminal activity. Original
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Ransomware Gang Extorted 725 BTC in One Attack, On-Chain Sleuths Find
The infamous Conti ring’s internal messages, leaked in February, served as a jumping-off point for a new transaction analysis by Crystal Blockchain. Original Source
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First Mover Americas: Bitcoin Retakes $30K as 'Institutional Adoption' Makes Crypto More Like Stonks
The latest moves in crypto markets in context for May 17,2022. Original Source
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Citi Says Fallout From Terra Collapse Unlikely to Hit Wider Financial System
The analysts said they saw no apparent “lead effect” from bitcoin (BTC) to S&P 500 index futures. The recent weakness in bitcoin and equities appears “contemporaneous,” according to the report. Still, given the existing poor sentiment in equities, the fall in crypto markets doesn’t help, it said. Original Source
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Coinbase Pares Back Hiring Plans Amid Weak Earnings, Poor Market Condition
The exchange previously planned to hire as many as 2,000 employees earlier this year. Original Source
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BitMEX Starts Spot Exchange on Eve of Co-Founder Hayes' Sentencing
BitMEX, one of the longest-running crypto futures exchange, has pushed its spot markets live. Original Source
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Terra’s LUNA Gains, Then Slides, After Do Kwon's Fork Proposal
Traders sold the tokens even as founder Do Kwon proposed a separate chain to make up for last week’s implosion of UST. Original Source
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Breaking Barriers to the Web 3 Creator Economy
The latest innovations in blockchain technology are enabling creators to earn more from their work and achieve an unprecedented level of autonomy. Original Source
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First Mover Asia: Metaverse ETFs Are Underperforming Gaming ETFs; Cryptos Return to the Red
Public interest continues to grow about the metaverse, but not as much in metaverse ETFs. Does crypto belong in everything? Original Source
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