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Finance

Galaxy's Head of Mining Amanda Fabiano Departed to Start Consulting Company

Fabiano’s new company will work with bitcoin mining companies including Compass Mining and Giga Energy.

Galaxy's former head of mining, Amanda Fabiano (Amanda Fabiano, modified by CoinDesk))

Policy

Chia Network Lays Off Third of Its Staff as Loss of Banker Delayed Going Public

Chia fired 26 of its 70 employees as it continues its pitch to the U.S. Securities and Exchange Commission on going public and is weighing first-ever sales of some of its tokens.

Layoff. (Getty Images)

Tech

IOTA Network to Debut ShimmerEVM’s Smart Contracts and Tokens

Users can also send SMR tokens (and in the future NFTs and custom Native Assets) to the ShimmerEVM through Firefly.

Projects competing to become the dominant "layer 2" network atop Ethereum are now competing to become networks of networks. (Unsplash)

Finance

NEAR Foundation’s Marieke Flament Steps Down as CEO

General Counsel Chris Donovan will assume her role at the organization behind the NEAR protocol.

Marieke Flament (Matt Hussey/NEAR)

Tech

Arbitrum Blockchain Traders Can Now Protect Against 'Impermanent Loss'

GammaSwap developers say it is the first application to allow Arbitrum users to hedge against supplied liquidity by letting them go short on those positions.

(Danny Nelson/CoinDesk)

Tech

Coinbase Earned $1M Amid Hack, but Hasn't Reimbursed Victims

Coinbase received 570 ETH, the second-largest payout tied to MEV in Ethereum’s history, to process transactions related to the Curve exploit.

Coinbase CEO Brian Armstrong (Coinbase)

Tech

IOTA Eyes Big Crypto Leagues Again With Series of Network Boosting Plans

These changes are supposed to boost the value of MIOTA tokens and improve network security.

(Pixabay)

Finance

Digital Trading Platform MetaComp Offers Clients Stablecoin-to-TradFi Security Path, Claiming Singapore First

Trading volume has climbed to around $50 million since the service was introduced last month.

Singapore skyline (Mike Enerio/Unsplash)

Finance

Zodia Custody Looks to Drive Institutional Access to Polkadot Ecosystem

The company plans to provide custody for the Polkadot ecosystem, offering digital asset storage services for financial institutions

a rank of safe deposit boxes

Finance

Banking Powerhouse HSBC Working With Crypto Custody Firm Fireblocks: Sources

Fireblocks, which specializes in cryptocurrency safekeeping technologies such as multi-party computation (MPC), already works with BNY Mellon and BNP Paribas.

HSBC at Canary Wharf, London (Danny Nelson)