Galaxy's Head of Mining Amanda Fabiano Departed to Start Consulting Company
[ad_1] Fabiano’s new company will work with Compass Mining and Giga Energy, among others. [ad_2]
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Category: Exclusive
Chia Network Lays Off Third of Its Staff as Loss of Banker Delayed Going Public
[ad_1] Chia Network cut a third of its workforce today as the blockchain platform sought to reestablish a lost banking relationship, the company told CoinDesk, further delaying what Chia had hoped would be a rapid path to listing as a public company. [ad_2]
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Fraud Lawsuit Against Michael Egorov, the CEO of DeFi Giant Curve, Is Quashed in California
[ad_1] A judge ruled a California courtroom is the wrong venue since Egorov wasn’t living in the state when the alleged misdeeds took place. [ad_2]
Continue ReadingHedge Fund Fir Tree Creates Fir Tree Digital Asset Opportunities Fund
[ad_1] Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of […]
Continue Reading3AC Liquidator May Try to Claw Back About $1.2B From Digital Currency Group, BlockFi
[ad_1] A confidential July 7 report from Teneo, the liquidator, that CoinDesk reviewed referred to more than $1 billion of “prospective claims” against DCG and its Genesis lending subsidiary consisting of “both preference claims and claims which have resulted from issues around the perfection of loan and security documentation.” It also noted more than $220 […]
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USBTC Aims to Become Bitcoin (BTC) Mining Giant After Deal to Buy Celsius Assets
[ad_1] Under the Celsius deal, USBTC will enter into one or more operating and services agreements to be the “exclusive operator” of the Celsius mining fleet, the miner said. On top of that, USBTC will receive a $15 million annual management fee for the mining assets, net of operating expenses, for the five years it […]
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Jack Butcher Releases Checks Elements NFT Collection and Prints
[ad_1] “Elements are conceptually … the first instance of decentralized consensus,” Butcher told CoinDesk. “We’re trying to play into the themes that Checks is trying to express about consensus on the internet to pre-internet consensus, which is that all of these different cultures, languages, parts of the world, different schools of thought around how the […]
Continue ReadingU.S. Lawmakers Met With Fed, FDIC to Discuss Collapse of Silicon Valley Bank: Source
[ad_1] “I am alarmed by the failure of Silicon Valley Bank, which marks the second largest bank failure in U.S. history,” she said in a statement. “I am closely monitoring and convening Committee members with regulators so myself and members can understand the latest around the closure of Silicon Valley Bank (SVB) by the California […]
Continue ReadingMulticoin Capital’s Hedge Fund Lost 91.4% Last Year, Investor Letter Reveals
[ad_1] Despite the massive drawdown, Multicoin’s hedge fund remains up 1,376% net of fees from its inception through 2022. As the broader crypto market rebounded from last year’s lows, Multicoin reported that the fund gained 100.9% in January 2023, bringing the fund’s inception-to-January return to 2,866%. [ad_2]
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DeFi Trading Platform Aurox Seeking Funding at $75M Valuation
[ad_1] Aurox launched an all-in-one trading platform called Aurox Terminal in 2020 that integrates more than 50 exchanges and now has 70,000 users and $1 billion of trading volume, the firm said on its fundraising site. It also has a crypto wallet product, and crafted its own DeFi smart contract protocol and native ecosystem token […]
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