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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Kraken and CertiK brought their beef to social media after Kraken said researchers exploited $3 million through a bug

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Marathon Digital’s latest heating project in Finland part of broader vision to “drive the advancement of the digital asset compute industry,” CEO says

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MicroStrategy announced that it bought nearly 12,000 more bitcoin from April to late June

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The distributed cell plan provider started selling its own hotspots in October 2023

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The purchase of five sites in Georgia set to help CleanSpark hit its mid-year operating hash rate target of 20 EH/s

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The first quarter of the year is off to a good start so far, but it’s clearly still below the highs of last cycle

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Also, former legal head at Digital Currency Group joins law firm to expand blockchain capabilities

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Bitfarms’ latest shareholder rights plan does not preclude Riot from making unsolicited takeover bids, company says

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The network sits on Onyx Digital Assets, JPMorgan’s private blockchain network based on Ethereum

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Bitfarms’ new shareholder rights plan to “preserve the integrity” of the strategic review process that Riot seeks to “undermine,” company claims

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Financial giant State Street is looking for a head of digital assets solutions and seeks to fill other crypto-related roles

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This week saw an infrastructure layer and a modular blockchain solution lead the way in terms of the amount raised

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Robinhood announced on Thursday that it plans to acquire Bitstamp for $200 million

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Marathon Digital’s May BTC production was 27% lower than the previous month — less of a dip than its biggest competitors

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Bitcoin miner is in discussions with other potential clients as it plans to use another 300 MW of capacity to support high-performance computing

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Cause of $300 million-plus “unauthorized leak” still unknown as company gets set for big fundraise

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Babylon led the pack of funding announcements alongside OpenSocial, Aperture and Scrypt

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Polygon Labs executive Chair Sandeep Nailwal to focus more on zero-knowledge solutions as chief business officer

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The Bitdeer share issuance generated $100 million in gross proceeds and could provide $50 million more

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DMM Bitcoin said customer bitcoin deposits “will be fully guaranteed” in the wake of the hack

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The miner appears well positioned to defend itself against Riot’s current proposal, Architect Partners executive says — and Bitfarms says others are interested

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Crypto products don’t fit in “a well-balanced, long-term investment portfolio,” Vanguard reiterates ahead of potential ether fund launches

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The distributions mark a 232% recovery from when withdrawals were halted in November 2022

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The payments firm is exploring PYUSD’s payments use cases

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