Business

Ex Revolut executive received $6.5 million from investors to create hybrid exchange x10

Institutions continue to disclose their holdings in SEC filings, and here’s what we’ve learned so far

The crypto exchange’s ability to cross-sell its products is its “superpower,” Bitwise’s Alyssa Choo says

Coinbase’s stablecoin revenue jumped 15% quarter over quarter

Stronghold Digital Mining’s market value compared to its peers is “hard for us to understand,” CEO says

The profits were driven by interest earned on US Treasury holdings, as well as market gains on bitcoin and gold

The world’s largest asset manager led a $47 million funding round by a blockchain-focused firm it has worked with before

The tokenization of real-world assets is set to continue as a “defining trend” for institutional crypto in 2024, Anchorage Digital CEO says

Higher trading volumes and stablecoin revenue are set to drive sizeable quarter-over-quarter improvements, analysts say

Elsewhere, Anchorage and DCG fill out the C-suite and Polygon reportedly cuts its COO

Plus, Movement Labs bags $38M and a wallet provider scores $15M

Marathon Digital’s hash rate target of 50 EH/s by the end of 2025 may be achieved a year sooner than expected, CEO says

This is the first crypto-centric announcement from Stripe since May of last year

The DOJ charged the CEO and CTO with a count of conspiracy to commit money laundering and a count of conspiracy to operate an unlicensed money transmitting service

Research analyst Mark Palmer starts coverage of the bitcoin miner and puts its price target 50% higher than its current level

Plus, Puffer joins the restaking round club and a Bitcoin Runes DEX announces seed funding

Elsewhere, a former Disney gaming lead goes Web3 and OKX executives depart

While crypto fundraising remains well off its bull market highs, Q1 data shows capital is returning to the space

Binance is making moves, from receiving a new license in Dubai to switching its SAFU fund to USDC

Marathon Digital and Riot Platforms each have more than $1 billion in cash and BTC to deploy, while CleanSpark has said it could be “one of the most aggressive acquirers”

The firm raised the funds for the American Dynamism, Apps, Games, Infrastructure and Growth ventures, a post said

New crypto ads target viewers of the NBA and NHL playoffs as the new BTC supply is set to slow

Elsewhere, rank-and-file employees move around and Binance’s head of legal in Europe departs

Plus, a Dragonfly partner shares his view on the crypto VC market, and a mining hardware firm raises $80 million