Crypto Infrastructure Company PolySign Raises $53M
Crypto infrastructure company PolySign has recently raised $53M in a Series C funding round that started in the first quarter of 2022 and ended in early June.
FTX CEO Says Some Crypto Exchanges Are Hiding their Insolvency
FTX CEO Sam Bankman-Fried has said in an interview with Forbes that some third-tier Bitcoin exchanges are close to bankruptcy.
Compass Mining CEO and CFO Leave the Company
Bitcoin mining equipment and services provider Compass Mining has announced the company’s CEO Whit Gibbs and CFO Jodie Fisher have resigned.
75% of Marathon’s Mining Capacity is Affected by a Hurricaine
A hurricane that struck Montana last June 11 has damaged a power plant in Hardin that powers 30,000 miners at Marathon Digital Holdings.
MakerDAO Rejects the Creation of an Advisory Board
The community of DeFi project MakerDAO has rejected a proposal to set up a lending advisory board.
Crypto Derivatives Platform CoinFLEX to Conduct a Token Sale to Resume Withdrawal of Client Funds
Cryptocurrency derivatives platform CoinFLEX has announced it plans to a launch the Recovery Value USD (rvUSD) token.
Hedge Funds Increase Short Positions on Tether’s USDT
USDT stablecoin shorting is on the rise amid negative market sentiment and the collapse of the Terra ecosystem among crypto-focused hedge funds.
