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Crypto firms facing insolvency ‘forgot the basics of risk management’ — Coinbase

July 20, 2022 by DIGIT

“The issues here were foreseeable and actually credit specific, not crypto specific in nature,” said three department heads at Coinbase. Go to Source Powered by WPeMatico

Categories business, celsius, Coinbase, Cryptocurrency Exchange, Venture Capital, voyager

Singapore’s financial watchdog pushes back against Terra and 3AC associations

July 19, 2022 by DIGIT

According to the MAS managing director, TerraForm Labs, Luna Foundation Guard and Vauld were “not licensed or regulated” by Singapore’s financial watchdog. Go to Source Powered by WPeMatico

Categories 3AC, Cryptocurrencies, Regulation, Singapore, Terra, Venture Capital

Crypto Biz: 3AC’s founders are nowhere to be found

July 15, 2022 by DIGIT

Liquidators don’t know the whereabouts of Kyle Davies and Su Zhu. Meanwhile, Grayscale’s legal officer says the asset manager’s lawsuit against the SEC could take a while to play out. Go to Source Powered by WPeMatico

Categories Bankruptcy, Funding, grayscale, SEC, Venture Capital

Multicoin Capital raises $430M for new crypto startup fund

July 12, 2022 by DIGIT

Even with Bitcoin, Ether and altcoins in a bear market, venture funding for the blockchain industry continues to grow. Go to Source Powered by WPeMatico

Categories DAO, Funding, Venture Capital

Animoca Brands raises $75M to advance ‘open metaverse’ concept

July 12, 2022 by DIGIT

The company behind The Sandbox continues to attract sizable investments as it eyes new acquisitions in the play-to-earn and metaverse sectors. Go to Source Powered by WPeMatico

Categories Funding, metaverse, sandbox, Venture Capital

VC Roundup: ‘Web5,’ Metaverse sports and Bitcoin monetization startups generate buzz

July 9, 2022 by DIGIT

PolySign, Mash, Floor, Euler, Trinsic, KYVE and Atmos Labs headline the latest funding deals from the world of blockchain and cryptocurrency. Go to Source Powered by WPeMatico

Categories Funding, Payments, Startups, Venture Capital, web3

Crypto Biz: Crypto broker goes bankrupt, Bitcoin miner capitulates and China VC funding soars

July 8, 2022 by DIGIT

As the search for an elusive Bitcoin bottom continues, at least one United States miner was forced to liquidate a portion of its holdings in June. Go to Source Powered by WPeMatico

Categories Bankruptcy, Bitcoin Mining, China, Venture Capital

Crypto investor Sequoia Capital China reportedly raises $9 billion

July 5, 2022 by DIGIT

Sequoia China is known for backing many crypto firms, including the troubled crypto lender Babel Finance, which halted withdrawals in mid-June. Go to Source Powered by WPeMatico

Categories China, Cryptocurrencies, Funding, Investments, Venture Capital

Crypto Biz: Coinbase downgraded, 3AC deemed insolvent and Michael Saylor buys the dip

July 1, 2022 by DIGIT

Coinbase, Three Arrows Capital and MicroStrategy headline the latest business news from the world of blockchain. Go to Source Powered by WPeMatico

Categories Coinbase, Goldman Sachs, microstrategy, Venture Capital

Better days ahead with crypto deleveraging coming to an end: JPMorgan

July 1, 2022 by DIGIT

A strategist at JPMorgan predicts that the worst of the bear market could be over as stronger crypto firms have come in to bail out the industry in the midst of major deleveraging. Go to Source Powered by WPeMatico

Categories contagion, Deleveraging, Venture Capital
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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • binancecoinBNB(BNB)$616.05-0.20%
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  • bitcoinBitcoin(BTC)$67,482.00-0.34%
  • ethereumEthereum(ETH)$1,983.180.86%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$1.471.21%
  • binancecoinBNB(BNB)$616.05-0.20%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$83.55-1.69%
  • tronTRON(TRX)$0.280158-0.52%
  • dogecoinDogecoin(DOGE)$0.1003711.65%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.031.38%