Matrixport – DIGIT INFO

Bitcoin tops $40K for first time in 19 months, Matrixport eyes $125K in 2024

Bitcoin has hit a 19-month high, and Matrixport predicts it will keep climbing well into next year.

Multichain Wallet Bitkeep Raises $30 Million From Bitget to Strengthen Links Between Defi and Cefi

On Wednesday, the multichain wallet Bitkeep announced it raised $30 million from the crypto derivatives platform Bitget. Bitkeep now has an overall valuation of $300 million, with goals aimed at strengthening the links between decentralized finance (defi) and centralized finance (cefi). Bitget Invests $30 Million in Bitkeep; Wallet Firm Is Now Valued at $300M Crypto […]

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Stablecoins not the target in BUSD crackdown: Matrixport head of research

Crypto financial service Matrixport’s head of research believes regulators are not targeting all stablecoins with the regulatory crackdown on BUSD issuer Paxos.

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Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go

The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited a “shift in the regulatory climate” and “industry-wide capitulations” as reasons for the layoffs. Matrixport Lays Off 10% of Staff as Crypto Winter Continues Jihan […]

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US institutions account for 85% of Bitcoin buying in ‘very positive sign’ — Matrixport

Matrixport’s head of research and strategy suggests the industry will soon see layer 1 and other altcoins outperforming relative to Bitcoin.

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Report: Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding

Crypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter. Sources detailed that the company already secured commitments from investors for roughly $50 million, which would give Matrixport a post-valuation of $1.5 billion. Matrixport Looks to Raise $100 Million From Strategic Investors The digital asset firm and […]

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You can now search ETH addresses on Google — But what about Bitcoin?

While Google’s feature appears to be a good thing for crypto adoption, a CIO says a move from Apple would make the “crypto industry go from 100 miles an hour to 250 miles in a heartbeat.”

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Almost everything could be tokenized in 5-10 years — Matrixport co-founder

Cost efficiencies, improved liquidity, 24/7 market access, and the removal of intermediaries were the main advantages’ cited which blockchain infrastructure has over current legacy systems.

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Jihan Wu-Backed Crypto Miner Bitdeer Acquires ‘Singapore’s Fort Knox’ for $28.4 Million

Sources have disclosed that the digital currency mining operation, Bitdeer Technologies, has purchased a high-security storage and display facility in Singapore called Le Freeport for $28.4 million. Bitdeer’s chairman, Jihan Wu, confirmed the vault acquisition via a text message following the reports that revealed the mining firm purchased Le Freeport. Bitdeer Purchases Maximum Security Vault […]

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Matrixport Founder Jihan Wu Believes Crypto Space Will Swell to ‘Tens of Trillions of Dollars’

Seven months ago, during the first week of May, the digital currency entrepreneur Jihan Wu said at a conference that he expects the crypto industry to surpass the internet and the following August, Wu’s firm Matrixport raised $100 million and joined the crypto industry’s growing list of unicorns. This week an interview with Wu was […]

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