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A collection of artwork created by popular digital artist Beeple has already received a bid of nearly $1.8 million in an auction hosted by British auction house Christie's — with two more weeks of bidding to go. Today is day one of the sale in which Beeple's work will be auctioned off for the first ...
Canadian asset manager CI Financial, which oversees more than $230 billion worth of assets, has filed for an ether (ETH) exchange-traded fund (ETF). CI is seeking approval to list the ETH ETF on the Toronto Stock Exchange (TSX). If approved, the firm would manage the ETF with Mike Novogratz's Galaxy...
Cryptocurrency custodian and banking company Anchorage announced Thursday that it raised $80 million in a Series C funding round. The round was led by Singaporean sovereign wealth fund GIC, with participation from a16z, Blockchain Capital, Lux, and Indico. With fresh capital at hand, Anchorage looks...
Coinbase’s S-1 registration statement filing has revealed details of a number of regulatory investigations involving the exchange in recent years. The filing, a key step on the firm’s path towards a direct listing on the Nasdaq exchange, provided a significant inside look of the business. A section ...
Coinbase CEO Brian Armstrong took home nearly $60 million in total compensation last year, according to the exchange operator's S-1 Form published Thursday. That figure includes $1 million in salary, $56.7 million worth of stock options granted at a fair value, and $1.8 million marked as "all other ...
Sorare, the platform for creating and trading football non-fungible tokens (NFTs), has raised $50 million in Series A. The round was led by venture firm Benchmark, an early backer of Uber, Instagram, and Twitter. Benchmark's general partner Peter Fenton has also joined Sorare's board of directors, S...
After 12 years of existence, it was about time for crypto to be recognized as it deserves. Step by step, blockchain technology made its way to public institutions after it conquered vendors and business enthusiasts. With all the issues that came with bank services, no wonder people are so hyp...
Crypto exchange operator Coinbase has revealed that it holds bitcoin and other crypto-assets as an investment on its balance sheet. "Since our founding in 2012, Coinbase has held bitcoin and other crypto assets on our balance sheet — and we plan to maintain an investment in crypto asse...
Optimism, a startup focused on the scalability of the Ethereum blockchain network, has raised a $25 million Series A funding round led by Andreessen Horowitz. A16z said in a blog post published Wednesday that its investment followed a period of "looking at various approaches and teams building Layer...
Decentralized finance (DeFi) protocols have already earned over $20 million more this month than in January, making February the biggest month ever for DeFi revenue generation. According to data compiled by The Block, in February, DeFi protocols have generated $171.5 million in DeFi revenue — a 14....

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