Business

The firm reported $38 billion in crypto assets under custody as of November 2024

The banking giant’s new permissioned layer-2 points to Ethereum’s growing role in TradFi

Altcoins offer regular investors a “more even playing field” than the stock market does

Exodus considers itself “a pure-play crypto company” at a time when more investors seek exposure

Most of that cash has come from buyers of its zero-percent convertible bonds

Stanford professors David Mazières and Dan Boneh will lead the lab alongside a cohort of graduate student researchers

DAWN is positioning itself as a decentralized protocol for gigabit-level internet access

VanEck Ventures and VanEck’s Digital Assets Alpha Fund invested $2.5 million in DAWN through a strategic funding round, the teams exclusively told Blockworks

Also, Hyperbolic’s total funding raised comes out to $20 million after $12 million Series A

In case you missed it, Grayscale’s former CEO wants to help shape the tokenization segment

Michael Sonnenshein thinks bringing RWAs onchain “is one of the most exciting frontiers in the broader blockchain and digital assets space”

Microsoft’s board of directors were asked to assess whether holding BTC on the company’s balance sheet would benefit shareholders long-term

The acquisition of Skip and the creation of Interchain Inc. signals a refocusing on centralized leadership and a unified vision

Resnick has joined Solana core development shop Anza, he announced on X today

Such raises reflect mining firms capitalizing on growing bullish sentiment around bitcoin among institutional investors, says Nishant Sharma

Also, Union Labs announced a $12 million Series A

Rob Witoff is named Coinbase’s head of platform after leaving the company to start a cold storage company

Brian Armstrong called out the hire of Gurbir Grewal, who had been the SEC’s enforcement division director since 2021

The conditions Charles Schwab is waiting for before jumping headfirst into crypto could take shape soon

Two stablecoin firms made announcements this week, with one raising an undisclosed amount and Paxos expanding into the EU through an acquisition

The president-elect nominated Cantor Fitzgerald CEO Howard Lutnick to run the commerce department

MicroStrategy founder Michael Saylor alluded to Marathon’s CEO during a X Spaces on Tuesday

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