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‘We end up winning more’: Anchorage boss Mónica sees bank charter as key to weathering crypto winter

‘We end up winning more’: Anchorage boss Mónica sees bank charter as key to weathering crypto winter

Crypto startup Anchorage is weathering the bear market without dipping into its $350 million in fresh funding, thanks to its bank charter.

The post ‘We end up winning more’: Anchorage boss Mónica sees bank charter as key to weathering crypto winter appeared first on The Block.

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Meta falls short of user goal for Horizon Worlds: WSJ

Meta adjusted its goal to reach 500,000 monthly active users for Horizon Worlds to 280,000 as current levels fall below 200,000.

The post Meta falls short of user goal for Horizon Worlds: WSJ appeared first on The Block.

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FTX CEO backs knowledge test for trading wide range of derivatives

FTX founder Sam Bankman-Fried supports knowledge tests and disclosures beyond cryptocurrency derivatives markets.

The post FTX CEO backs knowledge test for trading wide range of derivatives appeared first on The Block.

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Wintermute pays off $96 million USDT TrueFi loan

Market maker Wintermute has paid off a $96 million USDT loan, paying back DeFi lender, TrueFi, a day before the debt hit its maturity date.

The post Wintermute pays off $96 million USDT TrueFi loan appeared first on The Block.

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September crypto VC roundup: Funding slightly increased from previous month

Quick Take

  • Venture capitalists invested about $2.3 billion in crypto startups in September — slightly more than the previous month.
  • More than 20 new VC funds launched in September, including from Bessemer Venture Partners, Northzone and Madrona.

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Mango Markets exploiter comes clean, claims all actions were legal

Avraham Eisenberg has confirmed that he was behind the attack on Mango Markets that drained $114 million from the platform.

The post Mango Markets exploiter comes clean, claims all actions were legal appeared first on The Block.

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Coinbase CEO Armstrong plans to sell part of his stake to fund science research

The Coinbase chief says he plans to sell part of his stake in the company over the course of 2023 to fund science and technology research.

The post Coinbase CEO Armstrong plans to sell part of his stake to fund science research appeared first on The Block.

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Mango hack drama and other major crypto stories of the past week

It was a packed week in the crypto news cycle that included multiple hacks, a huge bounty and the SEC probing a major NFT company.

The post Mango hack drama and other major crypto stories of the past week appeared first on The Block.

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Solana NFT platform Magic Eden opts for optional royalty payments

Magic Eden is the latest NFT marketplace to move to an optional royalty model as the debate about NFT royalties continues.

The post Solana NFT platform Magic Eden opts for optional royalty payments appeared first on The Block.

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European VCs are finally launching crypto funds — what took them so long?

Europe’s venture scene has been slow to launch sizable crypto funds comparable to what we see in the US and Asia but this is set to change.

The post European VCs are finally launching crypto funds — what took them so long? appeared first on The Block.

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