Bitbuy enters strategic partnership with Canadian crypto ATM firm Localcoin

Canadian fintech corporation WonderFi, a firm backed by billionaire Kevin O’Leary, recently announced a strategic partnership between Bitbuy and cryptocurrency ATM provider Localcoin ATM. The partnership, announced on Sept. 18, will shore up…

Salesforce Ventures Lead $6M Seed Extension Investment in NFT Intelligence Firm Mnemonic

NFT data firm Mnemonic has secured a $6 million seed extension round led by Salesforce Ventures. Other participants of the fundraiser include Polygon Ventures, Orange DAO, FIN Capital, and FJ Labs. The latest…

BitGo Announces Preliminary Deal To Acquire Prime Trust Custody Firm

BitGo Holdings, Inc., has announced its intention to acquire Prime Core Technologies, Inc., the parent company of Prime Trust. According to a blog posted by BitGo, the acquisition aims to bring business continuity,…

How My Bitcoin Mining Firm Is Surviving Crypto Winter, Again

This is an opinion editorial by Sergii Gerasymovych, CEO and Co-Founder of EZ Blockchain, a bitcoin mining company focused on using wasted and underutilized energy. We’ve been here before. This is the second…

PayPal Ventures Leads $52M Funding Round for Web3 Firm Magic

San Francisco-based wallet-as-a-service (WaaS) provider Magic has raised $52 million in a strategic funding round led by PayPal Ventures bringing the firm’s valuation to just under $500 million. Other participants of the fund…

Nansen Blockchain Firm Reducing Staff ‘Surface Area’ by 30%

The crypto bear market is still gripping many companies, including blockchain analytics firm Nansen which has just announced a major staff cut. On May 30, Nansen CEO Alex Svanevik announced an “extremely difficult…

Crypto hacks falling in Q1 is but a ‘temporary reprieve’ — Blockchain firm

The crypto community is being urged not to let their guard down despite a significant decline in crypto hacks during the first quarter of 2023 — with one firm warning it is most…

DCG’s Bitcoin Mining Firm Foundry To Begin Charging Fees For Services

The largest mining pool by hash rate share will no longer offer its services for free, according to a notice sent to clients. Foundry, the Bitcoin mining arm of Digital Currency Group, will…

Weeks After “Red Notice,” Do Kwon Opened a Firm in Serbia

Do Kwon established a company just weeks after Interpol issued a “Red Notice” for the Terraform Labs co-founder. Terraform Labs co-founder Do Kwon has reportedly created a Serbian company for less than $1….

BitFlyer founder seeks to reinstate self as CEO, leading firm to IPO: Report

Yuzo Kano, the co-founder of Japan-based cryptocurrency exchange bitFlyer, is seeking to reinstate himself as CEO in a shareholders meeting next month, in an apparent bid to reinvigorate what he claims is a…

Crypto Firm Taurus Completes $65 Million Funding Round Led by Credit Suisse, Deutsche Bank

Taurus SA – a Swiss entity that provides an infrastructure to issue, custody, and trade cryptocurrencies – raised $65 million to improve its platform and expand internationally.  Major monetary institutions, including Credit Suisse,…

Crypto Firm Juno Restarts Services After Finding a New Custodian Partner

The Singapore-based cryptocurrency platform Juno announced that all services are “now up and running again.” It increased daily withdrawal limits at the beginning of the year and urged customers to transfer their holdings…

Google invests $300M in AI firm previously funded by Sam Bankman-Fried

Google Cloud has reportedly invested $300 million into artificial intelligence (AI) startup firm Anthropic, which also happened to receive over $500 million in funds from former FTX CEO Sam Bankman-Fried about six months…

Binance Purchased a Stake in South Korean Crypto Firm GOPAX

Binance reportedly acquired a “meaningful” amount of GOPAX shares. Binance, the largest cryptocurrency exchange in terms of daily trading volumes, has invested in the South Korean crypto exchange GOPAX. According to the announcement…

Bitcoin Custody Firm Casa to Add Ethereum Support

Casa, a popular Bitcoin self-custody firm, is adding Ethereum support to its platform. Nick Neuman, Casa CEO, along with Jameson Lopp, Casa co-founder and CTO, discuss the latest move and further expansion plans…

HK legislator’s firm to lure 1,000 Web3 start-ups over 3 years

A start-up accelerator co-founded by Hong Kong legislative council member Jonny Ng Kit-Chong wants to attract 1,000 Web3 businesses to set up shop in the city-state over the next three years. Ng Kit-Chong…

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