Crypto-focused hedge fund Multicoin Capital plans to raise $250 million for a third venture fund aimed at crypto startups, The Information reported after reviewing the company's fundraising materials.  Austin, Texas-based Multicoin had already raised $100 million for a second fund in May, and plans ...
ProShares' bitcoin futures exchange-traded fund (ETF) listed on the New York Stock Exchange today, and it was welcomed with explosive interest.  "It absolutely obliterated," said James Seyffart, Bloomberg Intelligence ETF Analyst. At the time of writing, volumes for the so-called ProShares Bitcoin S...
Coinbase has entered into a multi-year partnership with the National Basketball Association (NBA) and Women's National Basketball Association (WNBA) to serve as their exclusive cryptocurrency sponsor, the company announced Tuesday.  Coinbase's logo and branding will appear during televised games for...
Good news for folks looking to swap coins for cubes. Midwest Tungsten, the metals supplier that's become an on-ramp to the tungsten market for the growing community of tungsten cube-crazed cryptocurrency enthusiasts, is planning to accept cryptocurrency, The Block has learned. Last week, CoinDesk re...
Blockchain platform Cosmos is launching a new blockchain, called Sagan, for testing and experimentation. At the end of its first keynote presentation — which will now become a quarterly event — Cosmos teased the launch of Sagan with a 30-second clip that included a quote by Carl Sagan, a famous Amer...
Blockchain analytics firm Chainalysis has purchased an undisclosed amount of bitcoin for its balance sheet, following the likes of MicroStrategy, Square, Tesla and SpaceX. According to a blog post, the purchase was facilitated by bitcoin investment services company NYDIG, which will custody the bitc...
There is a new DeFi lending platform in the market that wants to let users stake their "digital reputations" to access loans. Called Sublime Finance, the platform wants to help borrowers tap into their "social capital." Sublime has received backing from investors such as Galaxy Digital and Electric ...
NYSE Arca has filed to list Grayscale's proposed bitcoin exchange-traded fund, starting the clock on a decision from the Securities and Exchange Commission (SEC). Grayscale was said to be ramping up its efforts to convert its flagship fund, the Grayscale Bitcoin Trust (GBTC), into an ETF this July. ...
Facebook's crypto wallet Novi is inching forward with a "small pilot" in the U.S. and Guatemala, according to a tweet thread by David Marcus.  The wallet project, which gatecrashed the crypto world in 2019 alongside a digital token dubbed Libra (now Diem), represents one of Facebook's attempts to le...
Revolut, the $33 billion British digital bank, has slashed fees for customers in the United States across a range of products. The fintech firm’s U.S. customers will now be able to trade up to $200,000 in crypto each month without getting charged commission fees on trades. Previously, standard Revol...

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