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Finance

Crypto Hedge Fund Arca Has Trimmed 30% of Its Staff

The company currently has 66 employees, according to LinkedIn.

Arca CEO Rayne Steinberg (CoinDesk archives)

Finance

Binance Hands Rising Star Teng Key Role to Replace CEO Zhao at Largest Crypto Exchange

Taking an expanded role overseeing regional markets outside the U.S., former regulator Richard Teng wants to demonstrate Binance is “a new organization.”

Richard Teng (Binance)

Finance

Crypto Exchange Kraken’s Canada Customer Deposits Rose 25% After Binance Announced Departure

Kraken also saw a fivefold increase in app downloads within a week of OKX saying it was leaving the country back in March.

Toronto, Canada (Shutterstock)

Finance

Olive-Oil Producer Issues First Euro-Stablecoin-Denominated Bond on Obligate’s DeFi Platform

The debt sale was the first of its kind for the French sustainable agriculture business.

(stevepb/Pixabay)

Finance

StepStone VC Raises $97M for Two Blockchain Funds

SEC filings show pooled investment figures for the two private equity funds.

Lending money handing over paying cash (Shutterstock)

Finance

Venture Capital Firm Tribe Capital Targets $100M for Latest Crypto Fund: Sources

Tribe plans to make early-stage investments of $500,000-$3 million in layer 1 and 2 ecosystems, DeFi projects and infrastructure plays to bring real-world assets on chain.

Boris Revsin, Managing Partner of Tribe Capital and manager of the fund (Tribe Capital)

Tech

Crypto Storage Firm Qredo's Revamped Self-Custody Wallet Goes Live

The New Qredo remains aimed at the institutional crypto market, but now it's low-cost and open to anyone, says COO Josh Goodbody.

Qredo COO Josh Goodbody (Qredo)

Finance

USBTC Aims to Become Bitcoin Mining Giant After Deal to Buy Celsius Assets

The miner could get as much as $75 million in management fees for the Celsius mining rigs over five years.

(Getty Images)