Business
Crypto business news from Blockworks - hiring updates, funding announcements, blockchain industry news and everything you need to be a crypto insider.
The $360 billion asset manager’s innovation head says firm is prepping for a future in which blockchain tech transforms the investment industry
A series of raises were announced as 21 projects gear up to take part in a16z’s CSX
And Congress members launched an investigation into whether the SEC is hiring civil service employees based on their political affiliations
Two bitcoin mining-focused companies introduce new leaders to their director boards as they prep for the segment’s evolution
A fund co-founded by Alan Howard’s son and 10T veterans launched alongside a generalist fund with Notation Capital co-founder Nick Chirls as a general partner
Riot Platforms is attempting to acquire Bitfarms at a discounted price, the company alleged in a Wednesday statement
Bitfarms should not enter into any transaction before its October shareholder meeting, Riot says in an open letter
The company behind ZKsync told Blockworks that the decision was made to make the team more “lean” as it moves into its next phase
Space and Time Labs and Edge Matrix topped this week’s funding announcements with raises of $20 million each
Asset manager Bitwise has been active this month, revealing deals to acquire ETP issuer ETC Group and the assets within the Osprey Bitcoin Trust
Traditional finance veteran tapped as chief operating officer of crypto asset management firm
An IP blockchain and a cryptography firm walk into a bar… just kidding, they both announced substantial raises this week, topping $110 million combined
The Canadian company hopes to reach 950 megawatts of power capacity by the end of 2025 via its deal with New York-based Stronghold Digital Mining
The acquisition is set to bring nine European-listed crypto ETPs under San Francisco-based Bitwise’s brand
Diogo Mónica sits down with Blockworks to chat about the $55 million round for Chaos Labs that he led for Haun Ventures
Coinbase nabs a product director from Cash App, while a Kraken exec jumps ship to Gemini
Hawaii is “part of a broader momentum” toward crypto regulatory clarity worldwide, Coinbase’s chief policy officer tells Blockworks
In total, crypto firms raised nearly $3 billion over 503 deals, but the deal value was still down 11% year to date, per PitchBook data
The bitcoin miner now holds about 25,000 BTC — second only to MicroStrategy among corporate holders of the asset
Riot Platforms, which owns 16.9% of Bitfarms’ stock, previously called for a vote to replace Nicolas Bonta with another board director
Through the partnership, users can access news summaries and “probability predictions,” the parties said
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