Franklin Templeton to List Blockchain Fund Targeting Institutional Investors
The Blockchain Fund II is a private equity fund and will carry a minimum investment sum of $100,000.
Finance
Bitcoin Miner Marathon First-Quarter Earnings Beat Estimates as SEC Extends Probe
The U.S. regulatory body is probing related-party transactions that may have violated securities laws.
Coinbase Newsletter Flags Rise of Pepecoin and BRC-20 Tokens, Irks Crypto Twitter
A Coinbase newsletter said meme coins allow investors to make big profits in a short period of time but warned of long-term investing in these tokens.
U.S. CPI Inflation Falls to 4.9% in April; Bitcoin Rises Above $28K
The Federal Reserve last week suggested it could pause its long series of rate hikes even as inflation remains well above its 2% target.
EY Launches Ethereum-Based Carbon Emission Tracking Platform
The EY OpsChain ESG made the announcement at the firm’s Global Blockchain Summit in London. T
Cipher Mining Buys 11,000 Crypto Mining Rigs From Canaan, Reaches 6 EH/s Hashrate
Cipher has an eye on hashrate of 8.2 EH/s by the end of the year.
Galaxy Digital Posts $134M First-Quarter Profit on Strong Showing for Crypto Market
The figure compares with a net losses of $111.7 million in the year-earlier period and $288 million in the fourth quarter.
Hut 8’s Alberta Bitcoin Mine Running at 15% Installed Hashrate Due to Electrical Issues
The firm has been facing operational issues as it tries to complete a merger with U.S. Bitcoin Corp.
Aragon Fires Back at Activist Investors in Early Stages of DAO Governance Fight
After attempting to thwart what it called a “coordinated” attack on its town square, Aragon reiterated its “code is law” position.
Coinbase Jumps 17% Post-Earnings; Analysts Praise Results but Worry About Regulatory Uncertainty
Coinbase (COIN) shares are up sharply after the company’s first quarter results topped analyst estimates on both revenue and loss per share.