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...
Metaverse Firm Infinite Reality to Buy Esports Company ReKT for $470M in Stock
Metaverse company Infinite Reality has agreed to purchase esports giant ReKT Global for $470 million in an all-stock deal, bolstering Infinite’s plan to expand its...
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...
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...
Bridging Sustainability and Blockchain: A New Era of Urban and Rural Development
James Anthony Wolff, a seasoned senior associate at Sobel Pevzner LLC, United Nations Association board member, and senior advisor at IgniteGTM, recently shed light...
DeFi Hub Nibiru Chain Valued at $100M After $8.5M Seed Funding Round
Decentralized finance (DeFi) hub Nibiru Chain has closed an $8.5 million seed funding round at a $100 million valuation that was co-led by Tribe...
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...
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...
Silicon Valley Bank’s Former Parent Company Files for Bankruptcy
Silicon Valley Bank's former parent company, SVB Financial Group (SIVB), filed for Chapter 11 bankruptcy protection Friday in the U.S. Bankruptcy Court for the Southern District...
Web3 Firm Artifact Labs Raises $3.25M From Blue Pool Capital, Animoca, Others
Artifact Labs, a Web3 company that works to preserve records of historical events on the blockchain, has closed a $3.25 million funding round.
The round...
