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Finance

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.

Synota team at an active bitcoin mining site. (Synota)

Finance

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.

Core Scientific facility in North Carolina. (Core Scientific)

Finance

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.

(Pixabay)

Finance

Stealthy Crypto Hedge Fund Edge Capital Raises $66.8M for DeFi Bets

Founded in 2020, the firm uses market-neutral, macro-style strategies.

(Pixabay)

Policy

French Lawmakers Approve New Boss for Finance Watchdog

Former bank lobbyist Marie-Anne Barbat-Layani’s hearings contained a warning for the likes of Binance and Crypto.com setting up in the budding crypto hub.

PARIS, FRANCE - OCTOBER 18:  The French National Assembly in Paris, on October 18, 2022.France. (Photo by Antoine Gyori/Corbis via Getty Images)

Finance

New Bitcoin-Focused VC Firm Ego Death Capital Raising $30M

The fund had raised over $11 million of its target as of mid-September.

(Pixabay)

Finance

OpenSea Ventures Among Backers for $7M Round for Crypto Security Startup

Web3 Builders also launched the free TrustCheck tool to verify the safety of smart contract and NFT transactions

Web3 Builders co-founder Nicholas Horelik, CEO Riccardo Pellegrini and Chief Technology Officer Henry Katz (Web3)

Policy

CFTC’s Behnam Calls FTX Idea a Potential ‘Evolution’ in Market Structure

Chairman Rostin Behnam says the FTX proposal for directly clearing certain crypto derivatives without intermediaries is still being weighed and would mark a “significant shift.”

Rostin Behnam, chairman of the U.S. Commodity Futures Trading Commission (Jesse Hamilton/CoinDesk)

Policy

CFTC Commissioner to Pitch Retail Investor Definition to Get Set for Crypto

Commissioner Christy Goldsmith Romero says the agency needs a new way of categorizing investors as it prepares for new digital-assets oversight.

Commissioner Christy Goldsmith Romero (Jesse Hamilton/CoinDesk)

Finance

Investing App Stash Raises $52.6M Weeks After Expanding Access to Cryptocurrencies

The convertible debt offering was revealed in a regulatory filing and confirmed by the company.

(Pixabay)