Blockstream raising funds for mining at 70% lower company valuation
CEO Adam Back said the fresh funding will be invested into expanding the firm’s mining capacity.
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CEO Adam Back said the fresh funding will be invested into expanding the firm’s mining capacity.
The ex-president of FTX US, Brett Harrison, is reportedly planning to launch a start-up that would build crypto trading software for big investors.
The total crypto market recovers some lost ground as the contagion risks associated with FTX’s collapse begin to look resolvable.
Investors in the round included Ripple, SIX Fintech Ventures, and Middlegame Ventures.
The opposition party MPs has questioned the credibility over its failure to protect retail investors from FTX collapse and had demanded data on the extent of losses incurred by the…
Chris Ko, CEO and co-founder of Fenix Games, considers Fenix Games “like a VC fund” for powering the next generation of blockchain games.
Bitmain-backed crypto lender Matrixport is the other half of a new funding round targeting a $100 million raise.
The lending firm claims it's having "constructive conversations with creditors" and plans to resolve the situation without the need for a bankruptcy filing.
Over 150 projects, including Chainlink, Uniswap and Aave, have signaled their intent to deploy on the layer-2 blockchain.
With one of the biggest crypto businesses falling overnight after getting caught misappropriating user funds, CZ believed the episode was devastating for the industry, which took away a lot of…