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Exclusive
How a Crypto Quant Firm Shook Off the Bear Market – and FTX Exposure
Pythagoras Investment's two funds finished the turbulent year up 8%.

Web3 Social Wallet Tribes Launches With $3.3M in Funding
The crypto app startup was founded by a former Coinbase engineer.

Crypto Exchange BitMart to Join Custodian Copper’s ClearLoop Network
Institutional clients will be able to trade on the BitMart exchange while their digital assets remain safeguarded in Copper’s custody.

Circle Ventures Backs $4M Round for Blockchain-Based Debt Provider Obligate
The startup, formerly known as FQX, lets companies raise money through debt securities.

Crypto Conglomerate DCG Suspends Dividends Amid Distress at Genesis Unit
"In response to the current market environment, DCG has been focused on strengthening our balance sheet by reducing operating expenses and preserving liquidity," it told shareholders in a letter Tuesday.

Crypto White Hat Platform Immunefi Banned 15 ChatGPT-Generated Bug Reports. Here's Why
Bug reports are “really an art,” an Immunefi developer told CoinDesk.

Web3 Studio Sortium Raises $7.8M in Seed Round
Crypto hedge fund Arca was among the participants in the funding round.

Inside Bonk Inu: How 22 Developers Put the Shiba Inu Fun Into Solana and Away From FTX
Distraught, disgusted, and jaded: Solana’s popularity took a hit when reports of possible fraud at Sam Bankman-Fried’s then-behemoth crypto exchange FTX first came to light. But developers found a way to jump-start activity.

Cosmos-Based DeFi Protocol Quasar Raises $5.4M
Venture capital firm Shima Capital led the round at a $70 million valuation.

Ethereum Software Firm ConsenSys to Cut Upwards of 100 Staff
CoinDesk estimates nearly 27,000 jobs have been lost across the crypto industry since April, based on media reports and press releases.
