Dragonfly Capital Raises $650M for Third Crypto Fund
Dragonfly Capital has closed its third fund with $650 million in capital, pushing the firm’s assets under management to around $3 billion, a company...
First Mover Americas: Bitcoin Downtrend Intact, Recession Fears May Weigh
Good morning, and welcome to First Mover, our daily newsletter putting the latest moves in crypto markets in context. Sign up here to get it in your...
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...
The Future of Fashion: Physical Backed Tokens
On November 5, 2022, the world witnessed history in the making as Physical Backed Tokens (PBT) made their debut on the runway at the...
Ultiverse to Expand Metaverse Offerings in BNB Chain Ecosystem With $4.5M Raise
Metaverse project Ultiverse has raised $4.5 million at a $50 million valuation in a seed round co-led by Binance Labs and Singapore’s DeFiance Capital.
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Crypto Lender Hodlnaut Faces Singapore Police ‘Actions’ and Staggering Job Cuts
Singaporean crypto lender Hodlnaut disclosed massive layoffs and pending “police proceedings” in a Friday blog post that underscored the dire financial and legal straits faced by...
Taiwan’s MaiCoin Crypto Exchange Weighs Nasdaq Listing: Report
MaiCoin, a crypto exchange based in Taipei, is considering selling shares on Nasdaq within two years, Bloomberg reported, citing people with knowledge of the matter....
InterledgerSwap – Decentralized Crypto-to-Crypto Swap Platform
InterledgerSwap.com is a decentralized crypto-to-crypto swap platform, with an XLS token to back its utility and liquidity. InterledgerSwap strives to make cross-border payments more...
Galaxy’s Head of Mining Amanda Fabiano Departed to Start Consulting Company
Cryptocurrency financial services firm Galaxy Digital’s (GLXY) head of mining, Amanda Fabiano, has left the firm to start her own consulting services company.
Fabiano will...
Coinbase Downgraded to Neutral at DA Davidson Ahead of Earnings
D.A. Davidson analyst Chris Brendler downgraded Coinbase (COIN) to neutral from buy after a more than doubling in the stock this year sent the...