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Crypto Finance Firm Galaxy Digital to Cut One-Fifth of Workforce: Sources
The company's shares have fallen 80% in the past year.

Porter Finance Team Returns for Second Shot at DeFi Bonds Project
Months after Porter Finance was shuttered due to lack of demand, three of the four team members say they still feel the potential for on-chain bond issuances is massive.

Bain Capital Crypto Leads $3.3M Round for Privacy-Focused Identity Protocol
Notebook Labs aims to accelerate DeFi adoption with its crypto identity protocol.

Billionaire Quant Trader Donated a Record $1.9M of Bitcoin to a Super PAC
Jeffrey Yass, co-founder of Susquehanna International Group, gave 100 bitcoin to a crypto-supporting super PAC.

Kollider Raises $2.4M to Build ‘Lightning-Native’ Financial Products
The bitcoin derivatives exchange already has bitcoin-backed synthetic stablecoins and a Lightning-enabled bitcoin wallet in the pipeline.

Bloomberg Beta Leads $6.2M Funding for DAO Framework Origami
Origami and backer Orange DAO also announced a $20,000 funding program for pre-launch decentralized autonomous organizations (DAOs)

Bitcoin Technology Startup Synota Raises $3M in Seed Round
The new capital will be used toward the commercialization of Synota’s software, including plans for a bitcoin mining-related service.

Core Scientific Again Raises Bitcoin Mining Hosting Rates
The firm expects power costs to decline in the future, which will be reflected in its hosting rates.

Pension Fund-Backed Parataxis Digital Yield Fund Targets $500M in Assets in 2023
The fund received investments from two Fairfax County, Virginia, pension funds earlier this year.

Stealthy Crypto Hedge Fund Edge Capital Raises $66.8M for DeFi Bets
Founded in 2020, the firm uses market-neutral, macro-style strategies.
