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Latest from Danny Nelson
Crypto Derivatives Platform dYdX Raises $65M in Paradigm-Led Series C
The San Francisco-based DEX builder has processed $2.2 billion in trades and is now “hugely profitable.”

Hedge Fund Giants Druckenmiller, Loeb Back $70M Funding for Crypto Asset Manager Bitwise
The Series B round values the firm at $500 million.

MicroStrategy Raises $500M From Bond Sale to Buy More Bitcoin
The announcement comes with news of a new bitcoin-holding subsidiary, MacroStrategy LLC.

Tesla Will Resume Taking Bitcoin as Payment Once Miners Go 50% Green, Musk Says
The comments provide a first benchmark for reinstating bitcoin payments at Tesla.

Arrington Capital Launches $100M Algorand Ecosystem Fund
The TechCrunch founder’s second crypto fund will bet on Algorand projects and coins. But don’t think the firm is abandoning XRP.

Invesco Plans Two Crypto-Focused ETFs
Atlanta-based Invesco is an investment management firm with $1.5 trillion in assets.

Volcano-Powered Bitcoin Mining Goes From Twitter Idea to State Policy in El Salvador
President Nayib Bukele is moving on multiple fronts to make El Salvador an unlikely bitcoin mecca.

Solana Labs Raises $314M in Token Sale Led by A16z, Polychain
It's one of the largest token sales in recent memory.

New York State Senate Approves Watered-Down Bill Targeting Bitcoin Mining Emissions
The bill, which originally sought to freeze all “cryptocurrency mining centers” in New York for up to three years, heads to the Assembly with a more tailored focus.
