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Ark Invest paid $75 million for 1.41 million Coinbase shares, citing the exchange's poor performance as the key cause.
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VCs have money to invest in crypto startups, but some are waiting for bigger opportunities that should present itself around September.
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Rumors of a liquidity issue at Coinbase have been debunked by the community, since outflows vary in a volatile crypto market.
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The drop in VC investments in crypto businesses parallels the overall downturn in VC funding across industries, despite the fact that the number of deals increased.
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SBF's Alameda Research has issued its first Twitter, declaring that it is eager to repay the Voyager loan
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Risk management is an essential component of the financial services industry. However, both 3AC and Celsius appear to have vastly underestimated market risks. Simon Jones, CEO of Voltz, discusses how this came about.
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The Grayscale Bitcoin Trust's conversion into a spot Bitcoin ETF has been rejected by the Securities and Exchange Commission (SEC). Grayscale Investments has filed a lawsuit in response to the decision, which could be resolved late next year or early in 2024.
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Jacobi Asset Management will establish the first Bitcoin ETF on Amsterdam's Euronext.
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As of now, FTX CEO Sam Bankman-Fried owns 11% of Voyager Digital, making him the sole shareholder.
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Voyager Digital has reduced withdrawal limits for users just hours after it was revealed that the company had received a $200 million investment from Alameda Ventures.