Business

MicroStrategy’s bitcoin buying has exploded — it now holds 1.7% of the asset’s circulating supply

The market is, presumably, confused about what a Trump win means for the social media company

Nano Labs’ news release notes confidence in bitcoin being “a reliable store of value amidst its rising global adoption”

Arca CEO Rayne Steinberg talked to Blockworks about how the two made the decision to merge and their plans moving forward

Portal Ventures founders Evan Fisher and Catrina Wang discussed their newest fund with Blockworks

An industry giant names new global head of growth, while a former bitcoin miner CEO lands advisory role

Crypto M&A developments could accelerate in Q4 and 2025, perhaps serving as a barometer for the sector’s trajectory

A look at software wallet Exodus may show how an SEC shakeup could have a real impact on industry companies

Tracing centralized missteps to the industry’s push for transparency and stability

FTX is still in bankruptcy proceedings, but the process is set to come to an end fairly soon

“BIO can be thought of as a Y Combinator for onchain Science,” Binance said in a statement

In case you missed it, BitGo last week appointed the former president of Silvergate Bank as part of its push into stablecoins

Vance Spencer says Framework won’t be going anywhere

Mike Novogratz shared some remarks on Trump securing the presidency

OpenSea co-founder Devin Finzer claims the new OpenSea is being rebuilt “from the ground up”

As part of the deal, Arcium will take over Inpher’s core team and technology: Lightspeed exclusive

Spire, Citrea and Nillion also announced raises this week

Kraken says it needs to be “leaner” moving forward as it appoints a board member as co-CEO

Consensys CEO Joe Lubin was quick to point the blame at the SEC

VanEck will now offer regulated access to solana staking rewards on top of the price of SOL

Plus, MoonWalk Fitness announced a $3.4 million seed round

BlockFills brings aboard a new CFO and promotes a founding partner to lead company strategy

The proposal notes a corporation’s “fiduciary duty” to maximize shareholder value by protecting profits from debasement in an inflationary world

The Nova Labs departures spanned multiple departments, sources said