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Markets

Sei Mainnet is Live After Testnet Sees More Than 7.5M Wallets Created

The trading focused layer 1 blockchain is backed by Jump Crypto and Flow Traders.

After weeks of delays, the VanEck Bitcoin Strategy ETF is ready to launch. (Unsplash, modified by CoinDesk)

Finance

Struggling Crypto Custodian Prime Trust Looks Poised for Potentially Massive Layoffs, Sources Say

Nevada regulators recently ordered the crypto company, which BitGo had planned to buy, to cease operations and noted a shortfall in customer funds.

(Raj Rana/Unsplash)

Finance

Jump Crypto Backs $5M Round for Bitcoin Wallet Xverse

The Web3 app supports Ordinals, the technology that brought non-fungible tokens to the Bitcoin ecosystem.

(Pixabay)

Finance

Brevan Howard Backs Crypto Infrastructure Startup Puffer in $5.5M Round

The seed round for the liquid staking startup was co-led by Lemniscap and Lightspeed Faction.

Brevan Howard Digital was among the backers for Puffer's $5.5 million round. (Pixabay)

Tech

Blockchain Security Firm Forta Upgrades Its Scam Detector to Battle Growing Crypto Fraud

Hundreds of millions of dollars have been lost to scams and exploits in July alone.

Scam alert (Getty)

Finance

Multicoin Backer L1 Digital Raises $152M for Second Crypto VC Fund

The Swiss advisor makes direct investments in crypto projects and also backs early-stage crypto investment firms.

The team of Swiss crypto investor L1 Digital (L1D)

Tech

Shiba Inu Takes Step to Become DeFi Contender With Digital IDs

Digital identity verification will be a part of all Shiba Inu developments in the future, including on the upcoming Shibarium layer 2 blockchain.

Shiba Inu (Atsuko Sato)

Finance

Nomura Backs $6M Round for On-Chain Fund Platform Solv Protocol

The Singapore-based startup allows institutions and venture capitalists to create, use and sell financial products.

Nomura. (charnsitr/Shutterstock)

Finance

For Crypto Investors Down Bad in Hector, the DAO Can’t Die Fast Enough

Hector Network will take six to 12 months to hold a liquidation. Token holders want their money back sooner.

(Getty Images)

Tech

Africa-Focused DeFi Platform Mara Releases Ethereum-Compatible Testnet

Developers in Nigeria and across Africa can build and test their decentralized applications on the Optimism forked Mara Chain.

Globe focus on Africa (James Wiseman/Unsplash, modified by CoinDesk)