FTSE Russell, the company behind the benchmark index of the U.K. stock market, has rolled out a set of eight indices covering the digital asset market. Source
Firm Behind FTSE 100 Unveils Crypto Index Series
Tag: Firm
Staking tech firm Kiln closes $17.8 million, eyes future ETH staking demand
Staking technology provider Kiln has closed out a $17.8 million fundraising round featuring the likes of Consensys and Kraken Ventures. The company is eyeing ‘exponential’ growth in demand for ETH staking services from institutional clients in the future. Kiln is a software-as-a-service provider focused on enterprise-grade staking solutions across 16 different proof-of-stake blockchain protocols. Its infrastructure enables users to stake on-chain while maintaining asset custody on separate solutions as well as cloud platforms and validator clients. An announcement shared with Cointelegraph outlined growing institutionalization of cryptocurrency staking as a trend…
Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding – Bitcoin News
Crypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter. Sources detailed that the company already secured commitments from investors for roughly $50 million, which would give Matrixport a post-valuation of $1.5 billion. Matrixport Looks to Raise $100 Million From Strategic Investors The digital asset firm and crypto lender Matrixport is targeting $100 million from strategic investors, according to a story first reported by Bloomberg. The Singapore outfit was founded in 2019 by billionaire and former Bitmain CEO Jihan Wu. The financial…
US State Regulators Investigating Crypto Trading Firm Genesis Global Capital: Barron’s
The report said that Alabama Securities Commission Director Joseph Borg indicated that his agency and several other states are involved in the investigations, which focus on whether Genesis and other companies persuaded residents of their states to invest in crypto securities without having the proper registrations. Borg did not name the other companies being investigated. Source
Ethereum R&D Firm Flashbots Shares Details About Its Next-Gen Block Builder
After teasing SUAVE at this year’s Devcon, Flashbots details how the plug-and-play solution will transform the way validators earn MEV. Source
Alameda-Backed Crypto Trading Firm 3Commas Says It’s Pretty Sure It Wasn’t Breached
Speculation of something more sordid grew louder on Nov. 14, when Changpeng “CZ” Zhao, the CEO of Binance, the world’s largest crypto exchange by volume, referenced 3Commas in a tweet: “We [sic] seen at least 3 cases of users who shared their API key with 3rd party platforms (Skyrex and 3commas), and seen unexpected trading on their accounts. If you used such a platform before, I highly recommend you to delete your API keys just to be safe.” Source
Bitcoin Holds Firm Over $16K After Tracking Stocks Upward
On Nov. 12, a day after FTX filed for Chapter 11 bankruptcy protection, Musk said in a Twitter Spaces event: “To be honest, I’d never heard of him,” Musk said. “But then I got a ton of people telling me [that] he’s got, you know, huge amounts of money that he wants to invest in the Twitter deal. And I talked to him for about half an hour. And I know my bulls**t meter was redlining. It was like, this dude is bulls**t – that was my impression.” Source
Crypto Mining and Staking Firm Foundry Buys Some of Troubled Bitcoin Miner Compute North’s Assets
As part of the deal, Foundry will also have rights to completely build out and operate Compute North’s facility in Minden, Neb. The deal will also include rights to a fleet of mining machines owned by the miner, as well as its intellectual property, the statement said. Original
Binance CEO denies report firm met with Abu Dhabi investors for crypto recovery fund
Changpeng Zhao, chief executive officer of crypto exchange Binance, has denied a report claiming he met with investors in Abu Dhabi in an effort to raise cash for the company’s crypto recovery fund. According to a Nov. 22 report from Bloomberg, CZ and others affiliated with Binance discussed raising cash for its proposed fund, aimed at helping projects with potential liquidity issues. Zhao and the Binance team reportedly met with potential backers associated with United Arab Emirates National Security Adviser Sheikh Tahnoon bin Zayed, while a Binance spokesperson said the…
Crypto Financial Services Firm Eqonex Files for Voluntary Debt Restructuring in Singapore
The company has been in talks with existing lender Bifinity and other potential investors to raise capital, but has not been successful. Source