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High-speed trading firm Jump Trading makes first crypto acquisition

High-speed trading firm Jump Trading makes first crypto acquisition

Jump Trading — one of the largest market making firms in the crypto world — announced Tuesday its first acquisition in the digital asset space.

The post High-speed trading firm Jump Trading makes first crypto acquisition appeared first on The Block.

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Mapping out Tiger Global Portfolio

Quick Take

  • Tiger Global Management is a major hedge fund/venture capital firm based in New York
  • The firm had a very successful year in 2020 and is currently increasing its exposure in the crypto/blockchain sector at a more rapid pace
  • The firm has recently made 11 investments in the crypto/blockchain space across five verticals, which The Block has mapped out

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SkyBridge Capital to offset carbon of its bitcoin holdings through credits purchase

SkyBridge has partnered with MOSS Earth, a carbon credit provider, to reduce the equivalence of 38,436 tons of carbon from the atmosphere.

The post SkyBridge Capital to offset carbon of its bitcoin holdings through credits purchase appeared first on The Block.

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Yat founder and former Monero maintainer arrested in U.S., faces extradition for fraud allegations

Riccardo Spagni, a former maintainer for the Monero privacy coin project and a founder of the emoji username project Yat, is being held by U.S. authorities and faces extradition to South Africa in connection with allegations of fraud.

The post Yat founder and former Monero maintainer arrested in U.S., faces extradition for fraud allegations appeared first on The Block.

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Senator Toomey preps ‘amendment to fix’ crypto tax language in bipartian infrastructure bill

Toomey agreed with the cryptocurrency lobby’s appraisal of the draft language as “unworkable.”

The post Senator Toomey preps ‘amendment to fix’ crypto tax language in bipartian infrastructure bill appeared first on The Block.

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FTX is creating an NFT-focused sports and entertainment marketplace

Crypto exchange FTX is partnering with Dolphin Entertainment to create an NFT marketplace for prominent sports and entertainment brands.

The post FTX is creating an NFT-focused sports and entertainment marketplace appeared first on The Block.

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Bitcoin ATM operator LibertyX is being acquired by Fortune 500 company NCR

LibertyX, which operates bitcoin ATMs and kiosks in the U.S., is getting acquired by the Fortune 500 company NCR Corporation.

The post Bitcoin ATM operator LibertyX is being acquired by Fortune 500 company NCR appeared first on The Block.

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Weekly NFT trade volume surpasses $300 million for the first time

The weekly trade volume of non-fungible tokens has surged past $339 million, according to data collected by The Block. 

The post Weekly NFT trade volume surpasses $300 million for the first time appeared first on The Block.

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Key crypto hires and moves: July 2021

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Voyager acquires crypto custody and payments platform Coinify

Voyager intends to bolster its international expansion in addition to its business-to-business capabilities through acquiring Coinify.  

The post Voyager acquires crypto custody and payments platform Coinify appeared first on The Block.

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