The merger between the bitcoin mining firm Greenidge Generation Holdings Inc and the technical support company Support.com will be finalized on September 14, according to a Monday release.  Greenidge and the NASDAQ-listed Support.com had arranged to merge in a stock-for-stock transaction back in Mar...
The number of crypto unicorns — those valued at above $1 billion — is growing at a breakneck clip, drawing the interest of investors like Dan Tapiero.  Tapiero, a veteran of the macro trading world, launched 10T in 2019 as a vehicle for traditional investors to get exposure to equity in crypto firms...
Gary Gensler, chairman of the Securities and Exchange Commission, will appear before a Senate committee Tuesday, where he plans to reiterate his belief that many major cryptocurrency exchanges need to register as securities exchanges.  In opening remarks released by the Senate Banking Committee, Gen...
Congressional Democrats in the House and Senate are solidifying plans for a multi-trillion-dollar spending package. Among the possible ways to pay for it, according to Politico: applying wash sale rules to cryptocurrencies. Citing sources with knowledge of the plan being developed, Politico reported...
Chinese technology giants have made moves into the non-fungible token (NFT) space but in a localized way where crypto-native features are removed. Tencent announced Wednesday that it has partnered with the Dunhuang Academy to digitalize the landmark wall paintings of the Mogao Caves, a UNESCO world ...
Walmart has not partnered with Litecoin, despite a press release that was published today and reported by multiple news organizations. A Walmart spokesperson told CNBC that the press release is not authentic. The press release, published at 9:30 ET, claimed that the two had formed a partnership that...
Riding the wave of interest in the market for non-fungible tokens (NFTs), a startup with support from hedge fund mogul Steve Cohen has closed a $55 million Series A.  Founded by former DRW trader Zach Bruch and licensing expert Trevor George, RECUR is one of a growing number of startups operating in...
Business intelligence firm MicroStrategy has purchased a further 5,050 bitcoin, taking its total holdings to 114,042 BTC, according to a statement today. The firm spent $3.16 billion on this entire stash, which has a current value of $5.1 billion — a 42% gain. Since making several major purchases t...
Crypto exchange Coinbase intends to conduct a private offering of $1.5 billion in senior notes due 2028 and 2031, according to a blog post. "Coinbase intends to use the net proceeds from the offering for general corporate purposes, which may include continued investments in product development, as w...
Brevan Howard Asset Management has announced the hire of Colleen Sullivan to steer its investments in crypto. The British hedge fund has also revealed the launch of a new entity named BH Digital, which will manage cryptocurrencies and other digital assets, it said in a press release. Sullivan joins ...

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