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Weekly overview

Galaxy acquires institutional crypto custody firm for $44M

  • Post author:admin
  • Post published:February 24, 2023
  • Post category:Weekly overview

Galaxy Digital invests $44 million to acquire institutional cryptocurrency custody platform GK8. Galaxy Digital has invested $44 million into an institutional cryptocurrency custody platform to tap into its proprietary asset…

Continue ReadingGalaxy acquires institutional crypto custody firm for $44M

3AC liquidators to sell firm’s NFTs to realize value amid bankruptcy

  • Post author:admin
  • Post published:February 24, 2023
  • Post category:Weekly overview

The announcement said the sales would commence 28 days after Feb. 22, when the notice went out. Nonfungible tokens (NFTs) belonging to the bankrupt hedge fund Three Arrows Capital (3AC)…

Continue Reading3AC liquidators to sell firm’s NFTs to realize value amid bankruptcy

Israeli startup to create blockchain chips with $70M of fresh funds

  • Post author:admin
  • Post published:February 24, 2023
  • Post category:Weekly overview

The Israeli startup Chain Reaction raised $70 million in its pursuit of developing blockchain chips. The adoption of blockchain technology is on the rise, with most enterprises looking into the…

Continue ReadingIsraeli startup to create blockchain chips with $70M of fresh funds

Spotify testing Web3 wallets integration

  • Post author:admin
  • Post published:February 24, 2023
  • Post category:Weekly overview

The users can access the token-enabled playlists from Overlord, Fluf, Mooonbirds and Kingship with their NFT wallets. Music streaming platform Spotify expands its Web3 efforts by testing token-enabled playlists in several…

Continue ReadingSpotify testing Web3 wallets integration

SEC files objection to Binance.US bid for Voyager assets

  • Post author:admin
  • Post published:February 24, 2023
  • Post category:Weekly overview

The SEC has moved to bar final approval of Binance.US’ $1 billion bid for assets belonging to bankrupt crypto lending firm Voyager Digital. The United States Securities and Exchange Commission…

Continue ReadingSEC files objection to Binance.US bid for Voyager assets

USDC issuer Circle to increase staff by up to 25% amid layoff season

  • Post author:admin
  • Post published:February 24, 2023
  • Post category:Weekly overview

The plan to expand its workforce comes just months after it mutually called off its plans to go public via a SPAC merger. USD Coin (USDC) issuer Circle plans to…

Continue ReadingUSDC issuer Circle to increase staff by up to 25% amid layoff season

BitMEX Partners with Onramper to Enable Seamless and Reliable Fiat-to-Crypto Onramp Transactions

  • Post author:admin
  • Post published:February 17, 2023
  • Post category:Weekly overview

Onramper, a fiat-to-crypto gateway aggregator, is now integrated with BitMEX. It’s an integration that means users now have an even faster, more seamless, and secure way to buy crypto with…

Continue ReadingBitMEX Partners with Onramper to Enable Seamless and Reliable Fiat-to-Crypto Onramp Transactions
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