DCG Sunsets Trade Execution, Prime Brokerage Unit TradeBlock
The crypto conglomerate suffered a loss of more than $1 billion last year.
Finance
Hong Kong Asset Manager Metalpha Secures $5M from Bitmain for Grayscale-Based Fund
The firm has so far received $20 million out of its $100 million target for the fund.
Sam Altman’s Crypto Project Worldcoin Raises $115M Led By Blockchain Capital
Other investors in the Series C round included Bain Capital Crypto and Distributed Global.
Bitcoin’s Hot Ordinals Economy is Getting a Dollar-Backed Stablecoin
Stablecoin issuer Stably is launching a dollar-backed stablecoin for traders of Bitcoin NFTs and BRC-20 tokens.
Helium Expands IoT Coverage Through Amazon Sidewalk/Oxit Partnership
The partnership will enable IoT solution providers to benefit from Amazon Sidewalk’s network and Helium’s network.
Crypto’s Fentanyl Trade Worth Tens of Millions: Security Researchers
Reports from Chainalysis and Elliptic point to the trade for fentanyl precursors and fentanyl itself being fuelled by crypto.
TradFi Hedge Fund Hunting Hill Starts Crypto Arm
Hunting Hill Digital’s first product will be the Crypto 25 Fund, a source told CoinDesk.
Non-Profit Organization Energy Web Starts Sustainability Registry for Bitcoin Miners
Miners will be scored on their use of clean energy and grid impact.
LabDAO Raises $3.6M to Decentralize Drug Discovery
The project also launched its new PLEX client that eases the burden of resource-intensive computations for scientific data.
EOS Network Participants Should Consider Legal Action Against Block.one: EOS Foundation CEO
EOS Network Foundation’s founder said the other option is a hard fork to exclude EOS tokens held by B1.