Tag: Firm

FTX to Help Voyager Customers, CEO Says Firm Willing to Deploy ‘Hundreds of Millions’ to Help Crypto Industry – Bitcoin News

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The founder and CEO of the leading exchange FTX, Sam Bankman-Fried has offered to give early liquidity to Voyager Digital’s customers, according to an announcement FTX published on July 22. Furthermore, Bankman-Fried discussed the crypto industry with CNBC in an exclusive interview, and noted that he was willing to deploy “hundreds of millions beyond what we have thus far” to help digital currency companies affected by the crypto market downturn. FTX Plans to ‘Provide Early Liquidity to Customers of Voyager’ Not too long ago on June 28, Sam Bankman-Fried told…

This Decentralized Exchange Is Now Competing With Curve (CRV) To Be DeFi’s Top DEX: Analytics Firm IntoTheBlock

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IntoTheBlock says one decentralized exchange (DEX) is now competing with Curve’s (CRV) dominance over the decentralized finance (DeFi) space. IntoTheBlock reports that Uniswap’s (UNI) total value locked (TVL) briefly surpassed Curve’s this week. Curve had been the top DEX in terms of TVL for more than a year, according to the analytics firm. Source: IntoTheBlock The TVL of a blockchain represents the total capital held within its smart contracts. TVL is calculated by multiplying the amount of collateral locked into the network by the current value of the assets. IntoTheBlock…

Ethereum (ETH) Flying off Exchanges Amid Price Surge This Week, According to Crypto Analytics Firm Glassnode

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Glassnode says Ethereum (ETH) is flying off exchanges at record rates as the crypto markets rebound this week. The crypto analytics firm notes that exchanges this week had a one-day moving average net outflow of 65,319.938 Ethereum, an all-time high. The previous all-time high for that metric was 58,072.356 ETH, which was set all the way back in May 2016. ETH is trading for $1,576 at time of writing. The second-ranked crypto asset by market cap is up nearly 3% in the past 24 hours and more than 31% in…

Venture Capital Firm NFX Adds $62.6M in Follow-On Investments, Including Crypto Companies

Beller co-created Facebook’s libra stablecoin project (the company is now Meta and libra, renamed diem, was recently shut down) before joining NFX in September 2020. The company’s Fund III – which has more of a focus on crypto investments than Fund II – launched shortly thereafter. Fund III capital has been deployed to “numerous great startups at the intersection of crypto, [decentralized finance], blockchain infrastructure, Web3 gaming and more,” said Beller. Source

Crypto Payments Firm BCB Group Hires Deputy CEO to Expand Internationally

Sharp is based in London and will be reporting to Oliver von Landsberg-Sadie, founder and CEO of BCB, the company said in the statement. “We have appointed Noah at a time where the international scaling of the business needs a seasoned expert with an extensive track record in banking and payments, and I’m honored to have Noah support my vision in such a powerful way,” said Landsberg-Sadie in the statement. Source

Fintech and Bitcoin Payments Firm Zebedee Raises $35 Million From Kingsway Capital, Square Enix – Bitcoin News

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Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,700 articles for Bitcoin.com News about the disruptive protocols emerging today. Original

Investment Firm Valkyrie Branches Into VC With Focus on Israeli Crypto Startups

It will do so by throwing relatively small checks ($250,000 to $1 million, he said) at behind-the-scenes infrastructure companies that make crypto businesses run smoothly. He specifically named security and authentication, data management, networking and storage – “all of the technological rails that decentralized applications will need in order to be built.” Source branchesCryptoFirmFocusInvestmentIsraeliStartupsValkyrie CryptoX Portal