Bitcoin

Iran to cut electricity to authorized crypto miners

Iran’s relationship with the crypto mining sector is a love-hate one. The government is again restricting crypto mining activity as it tries to ease the strain on the country’s power suppl

Bitcoin falls below $20,000 and Ethereum sinks past $1,000 as crypto market free fall continues

The crypto market suffered one of its most dramatic selloffs in years this week as the prices of top cryptocurrencies declined as much as 35% week over week as fears of a broad economic recession inte

As crypto selloff accelerates, how much worse can things get?

The crypto markets buckled this week as fears of cascading failures of key blockchain finance players showed just how fragile things are for the asset class, which dipped below a $1 trillion total mar

Binance.US CEO tells employees the company is ‘growing faster than ever’

Binance.US, the American company associated with the world’s largest crypto exchange, isn’t worried about the market turmoil that has pushed some of its competitors to tighten their belts.

In Southeast Asia, a booming crypto scene

Southeast Asia, a diverse region with an expanding population and rising income, is emerging as a popular destination for crypto entrepreneurs and investors hunting down high-growth startups in the sp

As Celsius accelerates the crypto sell-off, who pays the price?

Many market participants indicated Celsius may be a riskier firm than many originally believed it to be, with some pointing toward a lack of confidence in its operations.

Crisis! On the blockchain

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Alex and Grace are back to cover the biggest, best and badde

Crypto lender Celsius pauses withdrawals, transfers citing ‘extreme market conditions’

Celsius Network, one of the biggest crypto lenders, told customers Sunday evening that it is pausing withdrawals, swap and transfers between accounts in a move that has sparked discussions and prompte

Jay-Z and Jack Dorsey launched a Bitcoin academy in a public housing complex

Twitter co-founder and Block CEO Jack Dorsey is teaming up with artist Jay-Z (Shawn Carter) to launch The Bitcoin Academy at Marcy Houses, the public housing complex in Brooklyn, New York where Jay-Z

Proposed bipartisan US crypto bill could be ‘sigh of relief’ for the industry

"The bill matters as it is a step in the right direction for legislation and definition of 'crypto,' what a 'crypto asset' is and what regulation will look like," said Nick Donarski, CTO of ORE System

Meet the trans, anarchist founder who just landed $25M to reform how crypto is stored

Tux Pacific isn’t your average tech founder. They’re a self-taught cryptographer who dropped out of college, a proud member of and advocate for the transgender community and a self-describ

Three-quarters of Asia’s wealthy investors will own digital assets by 2022

Seventy-three percent of “affluent” investors in Asia intend to hold some form of digital assets by the end of 2022, according to a new report from consulting firm Accenture. It’s un

New York Senate passes moratorium to ban carbon-based crypto mining

The New York Senate has passed a bill that bans crypto mining operations that use carbon-based fuel to power their facilities. The bill specifically is targeting proof-of-work mining, which is one of

Gemini lays off 10% of workforce as the ‘crypto revolution’ enters its ‘contraction phase’

Crypto platform Gemini has cut approximately 10% of its workforce, per co-founders and twin brothers Cameron and Tyler Winklevoss. In a post announcing the news, the duo attributed the layoffs to “t

Data-sharing platform Vendia raises $30M Series B

Vendia, a blockchain-based platform that makes it easier for businesses to share their code and data with partners across applications, platforms and clouds, today announced that it has raised a $30 m

Longtime Bitcoiner Dan Held says this ‘crypto winter’ won’t be as harsh as others

Even though there is lots of talk of a crypto winter, Dan Held, director of growth marketing at crypto exchange Kraken, said the sentiment for this current market cycle is different.

Does WeWork’s Adam Neumann really deserve his second chance?

Plenty of entrepreneurs have used the crypto boom to plot the next step of their Silicon Valley character arcs, but few of them have an active television series chronicling their misdeeds. This week,

Primitives wants to turn your crypto wallet into a social network

Only a handful of “whales,” or big spenders, still own the majority of NFTs. While the digital assets have piqued widespread consumer interest, the user experience associated with actually

Crypto asset manager Babel Finance reaches $2B valuation

Despite recent swings in cryptocurrency values, many institutional investors appear undeterred. The growth of Babel Finance, which offers a suite of institution-facing crypto financial products, could

Amid crypto market turmoil, Andreessen Horowitz announces $4.5 billion web3 fund

Despite a gloomy outlook for crypto markets based on the past few weeks of token turbulence, venture capitalists looking to spend their way into a web3 future aren’t taking their foot off of the
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