ENTERPRISE
Digital Asset Venture Dragonfly Acquires Crypto Fund MetaStable Capital for Rebranding
Digital asset venture capital firm Dragonfly has acquired cryptocurrency investment fund MetaStable Capital, according to Bloomberg.
Galaxy Digital Terminates BitGo Acquisition, But Still Eyes Listing on Nasdaq
Galaxy Digital, one of the leading crypto financial services providers, has announced its plans to terminate the proposed acquisition of crypto infrastructure service provider BitGo.
Core Scientific Records $862m Loss in Q2, follows by 10 % Workforce Laid off
Core Scientific announced its second quarter 2022 update and said it was laying off 10% of its workforce as it reported an $862 million quarterly loss due to impairments such as goodwill and digital assets.
KuCoin Pairs with DeFi Data Aggregator 1inch for Implementing Native Swap Function
The Seychelles-based crypto exchange KuCoin has announced a partnership with 1inch DeFi data aggregator to bring native token swap functionality to its in-house wallet.
Trading Platform Forex Suggest to Launch Crypto Calculator for Cost Evaluation
Luxembourg-based crypto institution Forex Suggest announced Wednesday the roll out of a cryptocurrency calculator for clients to evaluate trading cost on cryptocurrencies.
MicroStrategy's Saylor Hands Over CEO Role to Deputy, Focusing on Bitcoin Business
MicroStrategy founder Michael Saylor stepped down as CEO on Tuesday. Phong Le, who has been the company's president, replaced Saylor, who takes over the role of executive chairman.
Paystand Acquires Accounts Payable Startup Yaydoo
Paystand said Yaydoo reinforces its strategic tools, local operations, and an unmatched presence in many of the attractive markets overseas.
Philcoin Rolls Out Staking Program for Donating Charity
To change the way of charity, Philcoin has established a staking mechanism that will enable users to donate part of their earnings to a charity of their choice within PHILApp.
Ex-Voyager Executives Suggest Live Trading as Restructuring Plan
Shingo Lavine and his father, Adam Lavine, both equity holders in Voyager and developers of Ethos, a leading cryptocurrency technology company, have proposed a restructuring plan to the troubled U.S. crypto lender.
Algorand CEO Steven Kokinos Steps down, COO Takes over the Helm
Algorand CEO Steven Kokinos is departing the company to pursue another business opportunity elsewhere. Sean Ford is taking over as interim CEO effective immediately.
