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Multicoin Capital’s Hedge Fund Lost 91.4% Last Year, Investor Letter Reveals
The fund’s performance was severely impacted by direct exposure to now-bankrupt crypto exchange FTX and holdings in FTT and Solana-based tokens.
Flashbots Makes Privacy-Enhanced Block Builder Open Source on Ethereum Testnet Sepolia
Research shared by the team details that block builders will be able to build blocks without accessing private data of users' transactions.
US SEC Plans to Keep Growing Crypto Unit as Enforcement Ramps Up
The securities regulator has almost filled the 20 slots previously added to its crypto squad and is looking to increase that number even further, a spokesperson said.
Ethereum Says ERC-4337 Deployed, Tested, Beginning Era of Smart Accounts
The news of the deployment of ERC-4337 will be shared at an ETHDenver-related event, known as WalletCon.
Blockchain Protocol Algorand Hires Its First CFO
The new finance chief has several years of crypto and TradFi experience.
Former Accounting Team of FTX US Auditor Armanino Sets Up Shop as The Network Firm
The episode highlights yet another chokepoint for the blockchain industry: It's become harder for crypto startups to enlist big accounting firms to do audits and asset attestations.
DeFi Trading Platform Aurox Seeking Funding at $75M Valuation
The DeFi-focused software developer firm is seeking to raise up to $1 million in a crowdfunding campaign on tZERO.
Entertainment NFT Firm Orange Comet Raises $7M in Equity Round
The company, which has created digital collectibles for athlete Scottie Pippen and “The Walking Dead," plans to raise more capital later this year.
Crypto Hedge Fund Arca VP of Portfolio Management Leaves
Hassan Bassiri’s exit comes months after the firm shuttered its Digital Yield Fund, citing market volatility.
Crypto Conglomerate Digital Currency Group Reports Loss of $1.1B in ‘Challenging’ 2022
DCG held cash and cash equivalents of just $262 million at the end of 2022, while investment assets amounted to $670 million.
