Big Investors Deny Involvement In Crypto Miner Bitmain’s Pre-IPO Funding
Following reports of Bitmain closing a $1 billion pre-IPO investment round, some notable investors have disputed their alleged participation.
Related Posts


Prediction Markets and Polls Both Got the French Election Wrong
This week in prediction markets: Nobody could predict France's electoral upset The market is skeptical that Biden is staying in Kalshi bettors put ether at $2,630 by year's end Prediction markets often outperform polls in forecasting elections – but sometimes both get it wrong. The French election was one such case. A week ago, it

Flashbots Confirms Top Strategy Researcher Obadia to Depart Amid ‘Strategic’ Hiring Push
Flashbots, a crypto research and development firm focused on maximal extractable value, or MEV, confirmed a series of personnel changes on Tuesday as it pushes to raise funds at a reported $1 billion valuation, including the departure of top strategy researcher Alex Obadia.Obadia, who was one of the earliest employees at Flashbots after its founding…

Crypto.com Obtains Full Dubai Operational License
Crypto.com has won full approval to operate in Dubai and will start with offering services to institutional investors.The firm said the development makes it a first for a global crypto firm to be operational with fiat in the UAE.Singapore-based digital asset exchange Crypto.com has received full operational approval from Dubai’s Virtual Assets Regulatory Authority (VARA)

Euler Finance Hacker Sends 51,000 Stolen Ether Back to Protocol
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Shaurya is the Co-Leader of the CoinDesk tokens and data team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April…

State-Sponsored Chinese Hacking Group Targeting Crypto Firms: Report
news A Chinese espionage operator is attacking crypto firms during state-sponsored campaigns, according to a FireEye Threat Intelligence report published August 2. The intelligence company “assesses with high confidence” that APT41, a hacking collective, has moved on from financially motivated attacks of video game companies to working alongside the Chinese government. Reportedly, the hacker group…

No, Polymarket Whales Aren’t Evidence of Prediction Market Manipulation
It seems likely that a small group of traders (or possibly a lone individual) have pushed up former President Donald Trump’s odds on Polymarket, the crypto-based prediction market, by heavily betting on the Republican nominee. There has been a good deal of handwringing about this, both from supporters of vice president and Democratic nominee Kamala

Bitcoin Falls After U.S. Sends $240M Worth of Silk Road-Related BTC to Coinbase
Bitcoin (BTC) fell back towards $60,000 on Wednesday, after a wallet tagged to the U.S. Government moved about $240 million worth of seized BTC to a Coinbase Prime address, igniting concerns among traders that the digital assets will likely to be sold. Some 3,940 bitcoin originally seized from a Silk Road vendor was moved by

Bitcoin Cash’s 29% Advance Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update
CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI).Only three assets in the CoinDesk 20 closed higher compared to one week ago: bitcoin cash (BCH) up 29%, dogecoin (DOGE) up 9% and litecoin (LTC) up