Showing posts with tag "cryptocurrency"

Gucci and Tiffany Venture Into NFTs Amid Crypto Market Downturn

This week, Kering SA's Gucci and LVMH's Tiffany & Co. joined the ranks of high-end brands venturing farther into the

Block Declares a $36 Million Loss on Its Bitcoin Holdings

Block's total revenue plummeted by around 6% as the crypto winter continued, accompanied by a significant depreciation of its Bitcoin

Revolut Expands Its Crypto Business With a Hiring Drive

Revolut Ltd. expects to raise its crypto personnel by 20% across Europe, the UK, and the US over the next

Binance Labs’ VC Arm To Be Led by Co-Founder Yi He

The startup financing and incubator arm of the cryptocurrency exchange Binance has chosen co-founder and CMO Yi He to manage

Bitcoin Declines as Another Fed Rate Hike Approaches

The price of Bitcoin (BTC) fell to a level not seen in more than 7 days as investor anxiety grew

Three Arrows Capital Founders Bought $50M Yacht Before Bankruptcy

In March, Three Arrows Capital ran a crypto fund with an estimated $10 billion in assets, but on July 1,

Brazilian Fintech Company Set To Provide Crypto Trading to 65 Million Users

The 65 million users of the Brazil-based cryptocurrency trading platform PicPay will soon be able to buy a stablecoin that

Bitcoin Reaches Highest Level in One Week; 220,000 Ethereum Transferred; Here Is What Analysts Say About the Market’s Next Move

Bitcoin increased on Thursday to reach its highest level in more than a week as recent economic data reduced investor

Failed Crypto Lender Celsius Indicted by Ex-Employee for Fraud

A former money manager for Celsius Network said in a complaint that the cryptocurrency lender, which last month had its

Crypto Lender Vauld Restricts Withdrawals and Considers Overhaul

Along with competitors including Celsius Network and Babel Finance, Vauld, a cryptocurrency lender supported by Coinbase Inc., said it suspended

Three Arrows Capital Ordered Into Liquidation by British Virgin Islands Court

One of the more well-known cryptocurrency hedge funds that encountered problems as a result of the recent market sell-off in

Blockchain Analytics Firm Kaiko Raises $53 Million Despite Crypto Market Rout

Kaiko tripled its valuation by raising new funds to increase its position in the crypto data market. Today, $53 million