Aoyon Ashraf

Aoyon Ashraf is CoinDesk's managing editor for Breaking News. He spent almost a decade at Bloomberg covering equities, commodities and tech. Prior to that, he spent several years on the sellside, financing small-cap companies. Aoyon graduated from University of Toronto with a degree in mining engineering. He holds ETH and BTC, as well as ALGO, ADA, SOL, OP and some other altcoins which are below CoinDesk's disclosure threshold of $1,000.

Aoyon Ashraf

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Finance

Luxor Starts New Business to Make Shipping of Bitcoin Mining Rigs Faster

The bitcoin mining services firm had previously shipped over $245 million worth of equipment to more than 30 countries.

Supply Chain (Shutterstock)

https://www.shutterstock.com/image-photo/container-ship-import-export-business-logistic-705020668

Finance

Jump Trading, Wormhole Part Ways Amid Tough Crypto Market: Bloomberg

Although Jump has been scaling back its crypto-related operations, the reason for the business' parting of ways remains unclear, Bloomberg reported.

Jump Crypto President Kanav Kariya (Danny Nelson)

Finance

Crypto Lender Hodlnaut to Be Liquidated, Court Filing Shows

A winding up order was filed by Hodlnaut's liquidators on May of this year.

(Sasun Bughdary/Unsplash)

Tech

Venture Capital Lightspeed Faction Starts $285M Fund for Blockchain Startups

The new fund will focus mainly on early-stage crypto projects, participating in seed-stage and Series A funding rounds.

two fingers adding a coin to one pile of coins among many

Finance

Bitcoin Miner Marathon Digital Beats Q3 Earnings Estimates, but Misses on Revenue

The company sees 2023 mining power guidance reaching 26 EH/s, making it the largest bitcoin mining firm in terms of hash rate.

Marathon Digital CEO Fred Thiel (CoinDesk)

Finance

Trust Wallet's TWT Falls as Parent Company Binance Releases Web3 Wallet

Binance acquired Trust Wallet in 2018 in a deal that included cash and BNB tokens, which at the time were worth $14.80.

CEO of Binance Changpeng Zhao at Consensus Singapore 2018 (CoinDesk)

Finance

Binance Rolls Out Its First Ever Self-Custody Web3 Wallet

Users can download and access the wallet through Binance's app.

Two large stacked blocks displaying Binance's logo at a trade show.

Finance

Robinhood to Expand Crypto Trading Into EU, Plans to Start UK Brokerage

The crypto trading platform for EU will open in "coming weeks," said the company.

Robinhood app on a smartphone (Shutterstock)

Finance

ApeFest Attendees Report Severe Eye Burn. BAYC Says Less Than 1% Have Symptoms

Several attendees reported have symptoms of photokeratitis, a condition caused by exposure to ultraviolet (UV) lights.

The original Bored Ape Yacht Club NFT collection features right-facing cartoon apes. (Yuga Labs)

Markets

Crypto Funds See $767M Six-Week Inflow, Best Since 2021 Bull Market: CoinShares

Bitcoin funds attracted most of the demand, while ether funds saw their largest inflows since August 2022.

Crypto fund flows per week (CoinShares)