Business

FTX seems to be nearing the finish line almost two years after initiating the bankruptcy process

Plus, zk startup Lagrange scores $13.2 million and an agricultural tokenization protocol announces funding

Elsewhere, a recruiter weighs in on what crypto companies want, and the head of Circle Ventures departs

Industry players plot continued scale, revenue diversification and a focus on high-performance computing as part of long-term plays

While the current plan reflects progress, it represents a draft with “many blanks,” lawyer says

Robinhood’s chief legal officer said the notice came after “years of good faith attempts” to work with the SEC

Ex Revolut executive received $6.5 million from investors to create hybrid exchange x10

Institutions continue to disclose their holdings in SEC filings, and here’s what we’ve learned so far

The crypto exchange’s ability to cross-sell its products is its “superpower,” Bitwise’s Alyssa Choo says

Coinbase’s stablecoin revenue jumped 15% quarter over quarter

Stronghold Digital Mining’s market value compared to its peers is “hard for us to understand,” CEO says

The profits were driven by interest earned on US Treasury holdings, as well as market gains on bitcoin and gold

The world’s largest asset manager led a $47 million funding round by a blockchain-focused firm it has worked with before

The tokenization of real-world assets is set to continue as a “defining trend” for institutional crypto in 2024, Anchorage Digital CEO says

Higher trading volumes and stablecoin revenue are set to drive sizeable quarter-over-quarter improvements, analysts say

Elsewhere, Anchorage and DCG fill out the C-suite and Polygon reportedly cuts its COO

Plus, Movement Labs bags $38M and a wallet provider scores $15M

Marathon Digital’s hash rate target of 50 EH/s by the end of 2025 may be achieved a year sooner than expected, CEO says

This is the first crypto-centric announcement from Stripe since May of last year

The DOJ charged the CEO and CTO with a count of conspiracy to commit money laundering and a count of conspiracy to operate an unlicensed money transmitting service

Research analyst Mark Palmer starts coverage of the bitcoin miner and puts its price target 50% higher than its current level

Plus, Puffer joins the restaking round club and a Bitcoin Runes DEX announces seed funding

Elsewhere, a former Disney gaming lead goes Web3 and OKX executives depart

While crypto fundraising remains well off its bull market highs, Q1 data shows capital is returning to the space