Multicoin Capital’s Hedge Fund Lost 91.4% Last Year, Investor Letter Reveals
The fund’s performance was severely impacted by direct exposure to now-bankrupt crypto exchange FTX and holdings in FTT and Solana-based tokens.
Finance
Uniswap Wants to Launch Crypto Wallet App, but Apple Says Not So Fast
The company behind the top decentralized exchange said Apple is standing in the way of the offering.
Binance’s Custody Arm Ceffu Will Apply for Singapore License: Report
Binance rebranded its custody arm to Ceffu earlier this month.
BridgeTower Capital to Onramp Lido, Offers Security Token for Avalanche’s Staking Rewards
The announcements highlight BridgeTower’s emphasis on regulatory compliance.
Hosts of Bankless Podcast Raising $35M Crypto Venture Fund: Sources
The popular crypto podcast is branching out beyond its media roots to invest in emerging Web3 startups.
Core Scientific Bankruptcy Judge Set to Approve $70M Financing Deal From B. Riley
The judge also indicated he would allow stockholders to form an official committee in the bankruptcy.
Silvergate Uncertainties May Put TradFi Heavy Hitters’ Stakes in Jeopardy
Silvergate shares have tumbled 29% in after hours trading on Wednesday as the crypto-friendly lender raised a “going concern” issue in a regulatory filing.
Silvergate Loses a Bull as KBW Analyst Downgrades on Limited Visibility
Shares in the crypto-friendly lender are down about 90% over the past year.
Crypto Custodian Finoa Gets License Approvals From German Regulator BaFin
Finoa founders Chris May (left) and Henrik Gebbing (Finoa)
Bitcoin Core Developer Luke Dashjr Calls Out Unauthorized Ordinal NFT With His Name
The auction for the ordinal was being hosted at Scarce.City, a new ordinal marketplace.