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Brevan Howard Backs Crypto Infrastructure Startup Puffer in $5.5M Round

The seed round for the liquid staking startup was co-led by Lemniscap and Lightspeed Faction.

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Author: Brandy Betz

JPMorgan says PayPal stablecoin could boost Ethereum activity

The launch this week of PayPal’s stablecoin could benefit Ethereum by increasing its total value locked, according to JPMorgan.

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Author: Yogita Khatri

Bitcoin price stagnant while smaller tokens see greater volatility

Bitcoin’s price is at a standstill, locked in a tight trading range around the $29,000 mark, with volatility at yearly lows.

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Author: Brian McGleenon

Uniswap gets deployed on Coinbase’s Layer 2 network Base

Uniswap has been integrated into Coinbase’s Base network, enabling users to swap tokens on the Layer 2 network.

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Author: Vishal Chawla

Galaxy reports 54% decline in trading revenues in Q2 earnings

The crypto firm, however, reduced its losses to $46 million after reporting a loss of $554.7 million in the second quarter of 2022.

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Author: RT Watson

1kx leads $5 million seed round for generative art NFT platform fxhash

fxhash intends to use the funding to grow its team and prepare a major platform upgrade in the next six months.

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Author: MK Manoylov

Derivatives exchange ByBit launches wealth management

The firm described the new offering as a “comprehensive service that enables all Bybit users to manage, plan and invest crypto with no fees.”

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Author: Frank Chaparro

Where Will Bitcoin Mining Be After the Halving?

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Author: Rena Shah

Paxos Has Other ‘White Label’ Stablecoin Opportunities in the Works in Addition to PayPal USD

Crypto infrastructure provider Paxos Trust is already working on other stablecoin projects similar to PayPal’s new PYUSD, said Paxos’ head of strategy Walter Hessert on CoinDesk TV on Tuesday.

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Author: Helene Braun

Bitmain, Anchorage Expected to Take Equity in Bitcoin Miner Core Scientific as Part of Bankruptcy Plan

The world’s largest machine maker is set to take a $54 million stake in Core Scientific as the miner emerges out of Chapter 11 proceedings.

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Author: Eliza Gkritsi


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