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

Plus, a Web3 fan engagement platform found backing from Warner Music Group and Winklevoss Capital

Plus, Argo Blockchain and Bastion hire senior executives and crypto job applications stay muted

A dinner back in September gave big traders a heads up about the DOJ settlement, Bloomberg reported

Customers of the bank’s crypto service have until Dec. 19 to migrate their holdings to Blockchain.com

Cross-chain protocol’s product development-focused unit Wormhole Labs formally launches following $225 million raise

Merger is set to allow the combined business to “flex between our different lines of business,” Hut 8 CEO says

The facility was originally built with the Research Institute of Sweden to address the need for more energy efficient data centers

The pseudonymous Rijndael’s hiring comes as bitcoin ordinals spurred a takeoff in bitcoin transaction fees over recent weeks

Binance and its former CEO have pleaded guilty to federal charges of over $4.3 billion

Comments come as Binance is set to pay and forfeit $4.3 billion to US regulators, while Changpeng Zhao agrees to step down

The Binance executive is also reportedly set to make an appearance in a Seattle courtroom Tuesday

Monday developments reaffirmed the US as unfriendly to crypto while also offering a potential bullish outlook for segment firms, industry watchers say

The bitcoin mining services firm’s new hardware procurement and shipping arm follows a similar launch by Foundry in July 2022

A senior counter-terrorism official joins the growing list to leave the crypto exchange in recent months

Blockchain.com, BC Technology Group and Fnality all secured raises in excess of $90 million this week

A report from Bloomberg claims that Wormhole’s CEO and COO have left to run Wormhole independently

The Hong Kong-based company’s seed round drew participation from Binance Labs and Shima Capital

Nick Johnson of ENS posted screenshots of conversations between Unstoppable and ENS on X

The Aave protocol developer is changing its name and acquiring the self-custody wallet service Family

The agreement gives CoinShares the opportunity to expand its influence in the US digital asset market, with the option to acquire Valkyrie’s investment advisory business
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