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Galaxy Buys Almost All of CryptoManufaktur's Assets, Expanding Ethereum Staking Portfolio
The acquisition by publicly traded Galaxy Digital, led by Michael Novogratz, will expand the firm's role in Ethereum staking, as part of a broader effort to push deeper into the business of blockchain infrastructure.

Crypto Custody Firm Copper Receives Key License in Hong Kong as it Expands in Asia Pacific
The license permits the holder to provide trust and corporate services in the region.

SEC Tells ETH ETF Issuers Fund Can Start Trading Next Tuesday: Sources
Issuers have been asked to submit their final S-1 documents by Wednesday.

A Crypto Trading Clampdown Expands Beyond Binance to Another Large Exchange
The second-largest crypto exchange, OKX, asked key trading firms for more information about their clients, in what appears to be an effort to root out misuse of a VIP fee program.

Crypto Casino Founder Apologizes for Gambling Away Investor Funds
Galaxy says it has reported a former general partner, Richard Kim, to the authorities for misappropriating at least $3.67 million of company funds belonging to Zero Edge, Kim's crypto casino.

OKX Picks Malta Over France as Europe Hub to Comply With EU's MiCA Crypto Rules: Sources
OKX previously said in May 2023 that France would be its preferred European hub. "Compliance in Malta is way more lenient," said a person with direct knowledge of OKX's EU regulatory efforts.

Top Crypto VC Says Ex-General Partner Made Undisclosed Side Deal With Portfolio Company
Polychain says Niraj Pant broke the fund's policies by secretly accepting "adviser" tokens from Eclipse.

Blockchain Startup Rome Raises $9M to Serve Ethereum Layer-2s Through Solana
Shared sequencers and data availability (DA) are services that Rome could provide, as blockchain builders increasingly rely on "modular" networks to handle Ethereum's myriad components and functions.

Digital Asset Trader Auros to Invest Over $50M in Crypto Startups Through Its Newly Established VC Arm
Auros Ventures aims to make concentrated bets on crypto startups to help them scale with Auros being "power user," Auros co-founder and CIO Ben Roth said in an exclusive interview with CoinDesk.

Private Equity Giants Are Circling Bitcoin Miners on AI Allure
Private equity firms are seeing value in partnering with bitcoin miners to help with AI computing after Core Scientific signed a 200MW deal with CoreWeave in June, the company’s CEO said in an exclusive interview with CoinDesk.
