Crypto Mining Rig Maker Canaan Added to SEC List of Scrutinized Chinese Companies
The firm has until May 25 to dispute its inclusion on the list, which could eventually see it delist from the Nasdaq. Original Source
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Gaming Companies Can’t Afford to Avoid Web 3
Now based in the Bahamas at the company’s headquarters, Wu leads FTX’s $2 billion venture capital fund, FTX Ventures, as well as initiatives for the company in gaming, the commercial space, and mergers and acquisitions. When CoinDesk caught up with her, she was preparing for Crypto Bahamas, a roughly 1,800-person
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Mexican Remittances Are the Continent’s Largest. Crypto Companies Want a Cut
Last November, Bitso also partnered with Circle, a peer-to-peer payments company, to launch a new international wire transfer product called Bitso Shift. It’s designed for small businesses and freelancers, allowing them to change their dollars into stablecoins, send them to Mexico, and be collected in Mexican pesos. The service charges
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DeFi partnership aims to tokenize shares of pre-IPO companies
Decentralized finance (DeFi) protocol Portal has partnered with the asset marketplace HighCircleX (HCX) to tokenize stocks of pre-initial public offering (IPO) companies, according to an announcement shared with Cryptox on Monday. The collaboration aims to make investing in private equity easier by building on top of the Bitcoin (BTC) blockchain. Through
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Latam Is a Hotbed of Opportunities for Crypto Companies, According to Ripple – Bitcoin News
Ripple, the cryptocurrency and payments company, has issued an article examining the opportunities that Latam brings for crypto companies as its regulated payments rails come to crypto. While the region faces some obstacles due to its economic traits and the dominance of centralized banks, the organization believes there is a
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KuCoin-backed companies launch $100M Web3 developer fund
Crypto exchange KuCoin’s venture capital arm and nonfungible token (NFT) marketplace have launched a $100 million “Creators Fund” to help bootstrap early-stage NFT projects at the intersection of art, sports and GameFi.KuCoin Ventures and the Windvane NFT marketplace have created the fund to help artists and creators showcase their work
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12 Companies Keep Close to $700 Million in Ethereum in Treasuries – Altcoins Bitcoin News
During the last year, there’s been a lot of discussion concerning bitcoin treasuries or public firms putting bitcoin on their balance sheets. However, the leading crypto asset by market valuation is not the only digital currency being held by treasuries. Ethereum has become a prominent treasury asset as a number
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New York Senate Authorizes NYDFS to 'Assess' Crypto Companies
The New York State Senate is boosting the state’s Department of Financial Services (NYDFS) efforts to oversee the cryptocurrency sector. The Senate passed its fiscal year 2023 budget early Saturday, which included a provision tasking NYDFS with developing a new “assessment” or charge for the cryptocurrency companies it oversees to
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One-fifth of global Bitcoin hash rate is now controlled by listed companies
A recent report has shown that nearly one-fifth of the total share of Bitcoin’s hash rate now belongs to publicly-listed mining companies.The report, published by Arcane Research, details that publicly-listed Bitcoin (BTC) mining companies now account for 19% of Bitcoin’s total hash rate, growing considerably from a mere 3% in
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Pantera Capital Eyes ‘Mature’ Crypto Companies With New $200M Fund
Crypto investment firm Pantera Capital, which has $5.8 billion in assets under management, is raising $200 million for a fund focused on “more mature, revenue-generating companies” than Pantera’s typical early-stage investments, according to an investment letter published Monday. Source
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