Business
Crypto business news from Blockworks - hiring updates, funding announcements, blockchain industry news and everything you need to be a crypto insider.
Public mining companies have been acquiring sites, refreshing machine fleets and diversifying business models in preparation for the event
Bitcoin has “a whole new set of salespeople” after the ETF approvals, Galaxy Digital’s CEO says — though “the rest of crypto is still a regulatory tug of war”
The AI job postings come after a $600 million AI infrastructure investment Tether made in the fall
New separately managed account is set to hold BTC and ETH and be available for wealth managers on Eaglebrook Advisors’ platform
Jane Street, a Mubadala-linked fund and Fidelity-linked funds are some of the top buyers, according to court documents
Elsewhere, crypto stocks up on legal hires and Hivemind Capital gets a new principal
Plus, derivatives are growing in popularity, and a16z Crypto has a new way for LPs to invest
WisdomTree’s charter sets up a path for it to offer certain stablecoins on public blockchains, firm’s digital assets head tells Blockworks
Code for the Orb’s main application and private key storage were released with some redactions
The funding round was led by a16z crypto, and will be used by the team to continue product development and team scaling
The company unveiled its research platform upgrades during the first day of Blockworks’ Digital Asset Summit in London
After the capital infusion led by Jump Crypto, Pantera Capital and Lightspeed Faction, Figure also seeks to offer a registered security alternative to stablecoins
Plus, a modular layer-2 raised $50 million and Steve Cohen’s Point72 Ventures made a crypto investment
Elsewhere, Anchorage Digital hires a former SEC lawyer and a GSR researcher becomes an ETF strategist at BlackRock
The planned $87 million deal follows Marathon’s purchase of two mining facilities in January
The pair are trialing a somewhat-novel angle for integrating AI with blockchain technology
A few months after Hut 8’s merge with US Bitcoin Corp, the combined company’s new chief executive says building back shareholder trust is a key focus
Last month’s crypto-related trade volumes via the investment app were roughly five times those seen in September 2023
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