Crypto

Derivatives-focused crypto exchange BitMEX has laid off about 75 employees, or a quarter of the company’s staff, days after its founders’ plans to acquire a German bank fell through. Staff learned of the cuts last week, The Block reported. A spokesperson for BitMEX told The Block that t

If you’re among the 16% of Americans who transacted with or traded cryptocurrency last year, you’re probably breaking a sweat about the looming deadline to file your taxes (that’d be Monday, April 18). And if you’re an NFT aficionado who changed your Twitter profile picture

Goldman Sachs is no stranger to testing the waters with crypto, with institutional clients looking for more exposure in the space. Last week, Goldman was the first major U.S. bank to execute an over-the-counter crypto options trade with Galaxy Digital, which some market players say is foreshadowing

Bitcoin mining rigs have been arriving in Kentucky by the truckload ever since Governor Andy Beshear passed two laws in March 2021 to incentivize bitcoin miners to establish roots in the southeastern state. Senate Bill 255 extends the commonwealth’s clean energy-based incentives to miners who

Crypto was big at YC this batch. Y Combinator Demo Days returned yet again with another ballooning heap of startups. In the old days, a gaggle of technewss reporters would go to the Demo Day in person, write up the presentations of each startup and hobnob with VCs during the breaks, but in a post-

Tomorrow's the big day for friends and fans of alternative finance across the globe and around the world. Yep, the DeFi & The Future of Programmable Money online event is that big. A truly global gathering of DeFi and crypto visionaries, builders and institutions working to create a new and

Coinbase is beginning to add support for payment instruments UPI and IMPS in India, making its crypto exchange broadly functional in the world's second largest internet market for the first time in years. Several users noticed on Thursday that the world's largest publicly listed crypto exch

Yuga Labs, maker of the multimillion dollar monkey JPEGs that plenty of NFT skeptics love to hate, just raised a $450 million round from Andreessen Horowitz at a $4 billion valuation, the company announced Tuesday. The Miami-based NFT firm behind Bored Apes Yacht Club has not previously raised fund

Katie Haun, who co-led Andreessen Horowitz’s crypto arm before announcing her departure this past December, is ready to take the wraps off her new organization, which she’s calling Haun Ventures. The venture capital firm is devoted to backing crypto startups and is launching with $1.5 b

As the Russia-Ukraine war rages on, crypto has become an integral tool for donors abroad to support Ukraine. The success of crypto-native fundraising campaigns in this context is reflective of a broader trend that's taken off in a big way this year of crypto holders giving away their coins to s

On International Women's Day, Bain Capital Crypto enthusiastically announced its new investment team with a collage of photos revealing that its new lineup consisted solely of men. Women in all corners of the crypto industry took notice. Faced with the backlash, the original tweet was deleted,

Throughout the most recent crypto bull run, plenty of new crypto users have interacted with the Ethereum network for the first time and have been surprised to find sluggish, expensive transactions. While the Ethereum blockchain has been very much central to the idea of a web3 crypto internet, the b

Even among the fastest-growing crypto startups, Yuga Labs has had a particularly explosive year. The startup is behind the NFT project Bored Apes Yacht Club (BAYC), which only launched in April of last year but has quickly grown to become the most valuable NFT project by market cap. The price of ad

Facebook's audacious attempt at creating a crypto payments network met an unceremonious end earlier this year when Silvergate Capital acquired the Diem technology assets for $182 million. The deal showcased how Facebook, now Meta, is left with few regulator-blessed paths forward to become a ce