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3232SEC Charges Cumberland DRW for Unregistered $2 Billion Crypto Securities Dealings
https://www.digit.info/sec-charges-cumberland-drw-for-unregistered-2-billion-crypto-securities-dealings/
Fri, 11 Oct 2024 00:01:18 +0000https://www.digit.info/sec-charges-cumberland-drw-for-unregistered-2-billion-crypto-securities-dealings/Read more]]>The U.S. Securities and Exchange Commission (SEC) has charged Cumberland DRW LLC, a Chicago-based firm, for operating as an unregistered dealer in over $2 billion of crypto assets classified as securities. The SEC claims that Cumberland violated federal securities laws by failing to register, raising concerns over investor protection. The charges seek injunctive relief and […]
]]>Privacy Coin Interest Stays Tepid as Leading Coins Report Modest Gains in 2023
https://www.digit.info/privacy-coin-interest-stays-tepid-as-leading-coins-report-modest-gains-in-2023/
Wed, 08 Feb 2023 15:00:08 +0000https://www.digit.info/2023/02/08/privacy-coin-interest-stays-tepid-as-leading-coins-report-modest-gains-in-2023/Read more]]>Over the past 90 days, the top privacy coins by market capitalization have seen an increase of just over $2 billion, rising from $4.65 billion on Nov. 9, 2022 to $6.69 billion today. However, while crypto assets such as bitcoin and ethereum saw gains of 30% or more in 30 days, privacy tokens like monero […]
]]>Report: FTX CEO Says Crypto Exchange Is Ready to Spend Billions on Acquisition Deals
https://www.digit.info/report-ftx-ceo-says-crypto-exchange-is-ready-to-spend-billions-on-acquisition-deals/
Sat, 28 May 2022 22:00:37 +0000https://www.digit.info/2022/05/28/report-ftx-ceo-says-crypto-exchange-is-ready-to-spend-billions-on-acquisition-deals/Read more]]>Billionaire and FTX co-founder Sam Bankman-Fried said the leading crypto asset exchange aims to make a number of acquisitions and could spend up to $2 billion on such efforts. The FTX chief executive officer highlighted in a recent interview that a fraction of the funds raised by the company were “explicitly viewed from a potential […]
]]>FTX Launches $2 Billion Venture Capital Fund Focused on Bolstering Blockchain, Web3 Adoption
https://www.digit.info/ftx-launches-2-billion-venture-capital-fund-focused-on-bolstering-blockchain-web3-adoption/
Fri, 14 Jan 2022 20:00:43 +0000https://www.digit.info/2022/01/14/ftx-launches-2-billion-venture-capital-fund-focused-on-bolstering-blockchain-web3-adoption/Read more]]>The cryptocurrency firm FTX has announced the launch of a $2 billion venture capital fund called FTX Ventures. The fund’s focus will be on advancing blockchain and Web3 technology alongside investments in “social, gaming, fintech, software, and healthcare.” FTX Reveals $2 Billion Venture Capital Fund, Hires Lightspeed Partner Amy Wu FTX Trading Limited has announced […]
]]>Q2 Earnings Show Coinbase Raked in $2 Billion — Firm Forms Partnerships With Elon Musk, PNC Bank, Spacex
https://www.digit.info/q2-earnings-show-coinbase-raked-in-2-billion-firm-forms-partnerships-with-elon-musk-pnc-bank-spacex/
Wed, 11 Aug 2021 12:30:49 +0000https://www.digit.info/2021/08/11/q2-earnings-show-coinbase-raked-in-2-billion-firm-forms-partnerships-with-elon-musk-pnc-bank-spacex/Read more]]>Coinbase published the company’s shareholder letter on Tuesday which detailed it made over $2 billion in net revenue during the second quarter. The firm said “Q2 was a strong quarter” for Coinbase as it saw both “growth and diversification” this year. While netting in $2 billion, Coinbase said it has 68 million verified users and […]
]]>Andreessen Horowitz Discusses Raising Third Crypto Fund to $2 Billion, Sources Say
https://www.digit.info/andreessen-horowitz-discusses-raising-third-crypto-fund-to-2-billion-sources-say/
Mon, 31 May 2021 21:30:12 +0000https://www.digit.info/2021/05/31/andreessen-horowitz-discusses-raising-third-crypto-fund-to-2-billion-sources-say/Read more]]>In May 2020, back when the crypto economy was still tumultuous from the coronavirus outbreak fears and gloomy global financial outlook, in general, the private venture capital firm Andreessen Horowitz (a16z) revealed the 500 million-dollar “Crypto Fund II.” A report published on May 27 by the tech writer Eric Newcomer indicates that Andreessen Horowitz is […]