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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)

Finance

TradFi Hedge Fund Hunting Hill Starts Crypto Arm

Hunting Hill Digital’s first product will be the Crypto 25 Fund, a source told CoinDesk.

New York (Florian Wehde/Unsplash)

Policy

The Bitcoin Mining Debate Is Ignoring the People Most Affected

Snowballing misinformation has painted an inaccurate and incomplete portrait of a complicated industry – and that is having a real impact on policy.

Dresden Mayor Bill Hall (Doreen Wang/CoinDesk)

Finance

LabDAO Raises $3.6M to Decentralize Drug Discovery

The project also launched its new PLEX client that eases the burden of resource-intensive computations for scientific data.

(Pixabay)

Policy

Coinbase Praises Canada’s Crypto Approach as U.S. Regulatory Pressure Intensifies

Canada is doing crypto regulation by engagement – “which we love,” said Coinbase’s VP International and Business Development Nana Murugesan.

Canadian regulators are providing more clarity than their U.S. counterparts. (Chris Robert/Unsplash)

Finance

U.S. Bitcoin Corp to Host 150K Crypto Mining Rigs

The contracts are the latest in a series of moves indicating the mining industry is getting back on its feet.

U.S. Bitcoin Corp's Buffalo Ave. site (Eliza Gkritsi/CoinDesk)

Web3

Airstack Raises Over $7M for AI-Backed Web3 Developer Platform

The pre-seed funding extension was led by Superscrypt; Polygon was a prior investor.

(Pixabay)