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...
HSBC-Owned Hang Seng Bank Limits Crypto Companies to ‘Simple’ Accounts: Report
Crypto companies in Hong Kong are having a difficult time getting corporate bank accounts despite the local government's push for the territory to become...
Olympus DAO Votes to Buy More ETH for Treasury Backing OHM Token
Decentralized reserve crypto project Olympus will increase holdings of “volatile assets” such as ether (ETH) in the treasury backing its OHM token after member...
Michael Saylor’s MicroStrategy Books a Much Smaller Bitcoin Impairment Charge
Michael Saylor's MicroStrategy (MSTR) booked a far smaller accounting writedown tied to its bitcoin (BTC) hoard last quarter versus the final three months of...
Web3 Studio Sortium Raises $7.8M in Seed Round
Sortium, a developer of Web3 entertainment technology, has raised $7.75 million in a seed round, with crypto hedge fund Arca among the investors. Web3...
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...
Staking Protocol EigenLayer Raises $50M Amid Crypto Winter
Staking protocol developer EigenLabs has raised $50 million in a Series A round led by Blockchain Capital. The funding comes as EigenLabs prepares to...
Coinbase to Pause Staking in California, New Jersey, South Carolina and Wisconsin
Crypto exchange Coinbase is pausing its retail staking service in California, New Jersey, South Carolina and Wisconsin after those states said they would require...
Galaxy’s Head of Mining Amanda Fabiano Departed to Start Consulting Company
Cryptocurrency financial services firm Galaxy Digital’s (GLXY) head of mining, Amanda Fabiano, has left the firm to start her own consulting services company.
Fabiano will...
LocaMos Global Ag and LCM Technology PTE, LTD Announce Collaboration to Optimize Location-Based Social...
March 14, 2024 - LocaMos Global Ag and LCM Technology PTE. LTD (“LCM”) are thrilled to announce a strategic collaboration aimed at improving “LocaGo”,...