Dragonfly Capital Raises $650M for Third Crypto Fund
Dragonfly Capital has closed its third fund with $650 million in capital, pushing the firm’s assets under management to around $3 billion, a company...
DWF Labs Invests $25M in Privacy Tech Startup Beldex
Beldex, a Web3 ecosystem of decentralized applications that protect users' data and identity, has raised $25 million through a new partnership with digital-asset market maker and...
Num Finance Raises $1.5M, Will Expand Stablecoins in Latin America, Middle East
Decentralized finance (DeFi) protocol Num Finance has raised $1.5 million in a funding round and will expand its stablecoin offerings in Latin America and Middle East,...
Multicoin Capital’s Hedge Fund Lost 91.4% Last Year, Investor Letter Reveals
Multicoin Capital’s hedge fund lost 91.4% in 2022, according to a copy of the firm’s annual investor letter viewed by CoinDesk.
The letter attributed last...
A New Crypto Scam Shows Perils of Elon Musk’s Twitter
A purported $25 million crypto giveaway on the social-media platform formerly known as Twitter is – no surprise, really – indeed too good to...
Coinbase Junk Bonds Further Downgraded by S&P on Weak Profitability, Regulatory Risks
S&P Global Ratings, the biggest rating agency globally, has downgraded its long-term credit rating and senior unsecured debt rating on Coinbase (COIN), citing weak...
Binance Settlements Could End Death-Spiral Fears – And Might Be Good News
Binance's expensive deal with U.S. prosecutors this week bears harsh consequences but could leave the world's largest crypto exchange with a brighter outlook going forward.
After a...
CoinFLEX Withdrawals Remain Halted as Recovery Token Talks Continue
Withdrawals from crypto futures exchange CoinFLEX will remain suspended as the company continues to hold discussions with investors about a recovery token.
“We continue to...
U.S. Lawmakers Met With Fed, FDIC to Discuss Collapse of Silicon Valley Bank: Source
U.S. lawmakers met with the Federal Reserve and Federal Deposit Insurance Corp. on Friday to discuss the collapse of Silicon Valley Bank (SVB).
Rep. Maxine...
InterledgerSwap – Decentralized Crypto-to-Crypto Swap Platform
InterledgerSwap.com is a decentralized crypto-to-crypto swap platform, with an XLS token to back its utility and liquidity. InterledgerSwap strives to make cross-border payments more...
