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Mapping out Delphi Digital’s portfolio

Mapping out Delphi Digital’s portfolio

Quick Take

  • Founded in 2018, Delphi Digital produces analysis and research on the digital asset markets, provides consulting to token projects, and operates a podcast and an investment venture arm
  • Themes/verticals within the sector that the firm has been most focused on have been decentralized finance (DeFi) and productive non-fungible tokens (NFTs)/Gaming
  • In total, the firm’s active portfolio consists of at least 34 startups and protocols across six verticals, which The Block has mapped out

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Ripple to acquire 40% stake in Asian payments processor Tranglo

Crypto firm Ripple has agreed to acquire a 40% stake in Asian payments specialist Tranglo.

The post Ripple to acquire 40% stake in Asian payments processor Tranglo appeared first on The Block.

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SEC files suit against LBRY, accuses crypto startup of selling unregistered securities

The U.S. Securities and Exchange Commission has filed a lawsuit against New Hampshire-based crypto startup LBRY Inc., accusing the company of selling unregistered securities in the form of its token.

The post SEC files suit against LBRY, accuses crypto startup of selling unregistered securities appeared first on The Block.

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Why the Form 1099B is emerging as a ‘gold standard’ for crypto tax reporting

Quick Take

  • The Internal Revenue Service (IRS) has made it clear it’s looking to crack down on crypto with a number of actions aimed at tracking taxable crypto activity in the U.S.
  • The lack of standards on which forms exchanges need to send to the IRS has created additional headaches as the IRS takes a closer look at crypto-using tax payers.
  • Tax professionals say Form 1099-B has emerged as the best option for crypto reporting.

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DeFi lending protocol startup Liquity raises $6 million in Series A round

On March 29, decentralized lending startup Liquity announced the completion of a $6 million Series A investment round.

The post DeFi lending protocol startup Liquity raises $6 million in Series A round appeared first on The Block.

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The Oakland Athletics will accept — and hold — bitcoin in exchange for full-season suite rentals

The Oakland Athletics baseball team typically rents out its full-season luxury viewing suites for $64,800. But until April 1, the suites will be available for the price of one BTC. 

The post The Oakland Athletics will accept — and hold — bitcoin in exchange for full-season suite rentals appeared first on The Block.

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Montana regulator calls out Forsage for running a pyramid scheme on Ethereum

Montana’s securities regulator ordered the operator of Forsage, an investment scheme built on Ethereum and widely viewed as a pyramid scam, to stop its work within the state. 

The post Montana regulator calls out Forsage for running a pyramid scheme on Ethereum appeared first on The Block.

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EU, US financial regulators talk cooperation on stablecoins and digital assets at virtual summit

An array of regulators from the United States and the European Union met to discuss financial innovations, including green finance and the ever-pressing topic of stablecoins.

The post EU, US financial regulators talk cooperation on stablecoins and digital assets at virtual summit appeared first on The Block.

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Silvergate brings on Fidelity Digital Assets as a custodian for its bitcoin-collateralized loans

The crypto-friendly bank Silvergate announced Fidelity Digital Assets as a custodian for its collateralized lending service, SEN Leverage.

The post Silvergate brings on Fidelity Digital Assets as a custodian for its bitcoin-collateralized loans appeared first on The Block.

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Digital asset hedge fund One River adds former SEC chief Jay Clayton as advisor

The crypto arm of hedge fund One River Financial has added three Washington veterans as regulatory advisors.

The post Digital asset hedge fund One River adds former SEC chief Jay Clayton as advisor appeared first on The Block.

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