Business

Crypto business news from Blockworks - hiring updates, funding announcements, blockchain industry news and everything you need to be a crypto insider.

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Squads CEO Stepan Simkin explained why the firm launched Altitude and how he’s thinking about stablecoins

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Blockworks spoke with a dozen current and former employees about the problems that have plagued Bitget’s blockchain, Morph

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Perpl, a perps DEX, plans to launch testnet by the end of this year

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The startup hopes to reduce crypto’s reliance on AWS and Google Cloud

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Apollo’s Christine Moy explained how the “velocity” of innovation in crypto has led to the evolution of RWAs

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Stablecoin revenue a bright spot for the crypto exchange in Q1, as trading revenue dropped 19% quarter over quarter

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Roshan Robert told Blockworks that OKX brought him on back in September to plan out its US expansion

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The deal is likely to fuel further M&A around derivatives trading and infrastructure, Architect Partners’ Michael Klena says

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Stripe announced Stablecoin Financial Accounts, which will allow businesses to have “stablecoin-powered accounts”

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The deal is made up of $700 million in cash and 11 million shares of Coinbase’s Class A common stock

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The exchange sees a way to reach gamers through the deal

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Sentora aims to create an ecosystem focused on institutional investors’ DeFi needs

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Ripple is eyeing ways to boost its financial profile, on top of social usefulness

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As Schwab plots crypto trading upon “more clarity in the regulatory environment,” Morgan Stanley is reportedly interested too

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Over 20% of SOL-USD swap volume goes through SolFi

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Unto’s Will Yoo and Liam Heeger spoke to the Empire newsletter about their raise and how they plan to build Thru

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Galaxy’s Toronto Stock Exchange-listed shares are the seventh-largest holding of a new Grayscale fund

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Cardholders to make purchases with stablecoin balances at merchants across several Latin American countries

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Néstor Palao spoke to Blockworks about the trends he’s seeing in crypto projects

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Axiom merges Solana memecoins with Hyperliquid perps

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Nexo announced it’s moving back to the US, in a move that could be positive for crypto overall

Decoding crypto and the markets. Daily, with Byron Gilliam.