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Finance

Galaxy Digital Closes $44M Acquisition of Self-Custody Platform GK8

The self-custody platform was an asset of bankrupt crypto lender Celsius.

GK8 co-founders CTO Shahar Shamai (left) and CEO Lior Lamesh (Galaxy Digital)

Finance

Energy Giant Saudi Aramco Signs Agreement With droppGroup to Build Web3 Tech

Saudi Aramco will explore co-developing blockchain-based technologies that could benefit its workers.

Riyadh, Saudi Arabia. (Ekrem Osmanoglu/Unsplash)

Finance

Bitmain Partner BitFuFu Starts Marketplace for Crypto Mining Rig Coupons

The discount coupons issued last year haven't been used because miners don't have the cash to spend on new equipment.

Crypto mining rigs (Eliza Gkritsi/CoinDesk)

Policy

Canada Close to Tightening Rules for Crypto Exchanges: Sources

The changes will ensure it’s simply too expensive to do business in Canada, said one person familiar with the plans.

(British Library/Unplash)

Finance

Mt. Gox’s 2 Largest Creditors Pick Payout Option That Won’t Force Bitcoin Sell-Off: Sources

The early lump sum payment they picked is set to be paid out in September. The option to wait until all Mt. Gox litigations settle could net higher payouts but may take another five to nine years, sources said.

Mt. Gox will set a repayment date in due course. (CoinDesk)

Finance

Web3 Messaging Platform Salsa Raises $2M in Pre-Seed Round

The mobile app is now available in beta and has a partnership with a Proof of Attendance Protocol (POAP).

Salsa co-founders CEO Helena Gagern (left) and CTO Grace Wang (Salsa)

Tech

Crypto Wallet Messaging Application Push Protocol Expands to BNB Chain

The move to BNB Chain could attract more users to Push, its founder said.

(DALL-E/CoinDesk)

Policy

Australian Crypto Exchange Digital Surge Set to Come Back Online After Stakeholders Sign Recovery Plan

The exchange is expected to resume trading next week, a source said.

Parliament house, Canberra, Australia. (Unsplash)

Finance

Web3 Gaming Platform Ajuna Raises $5M in New Private Financing

The startup will use the new capital and its previous $2 million raised in seed round, to fund its expansion.

(Jose Gil/Unsplash)

Policy

Stablecoin Issuer Paxos Is Being Investigated by New York Regulator

The scope of the crypto-related investigation is not yet clear.

Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)