Crypto Biz: Consolidation ramps up among crypto firms
This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn.
Related Posts


DeFi problems and opportunities in 2023: Market Talks
Join us as we discuss decentralized finance, how it performed in 2022, and what its potential is in 2023. 296 Total views 3 Total shares Own this piece of history Collect this article as an NFTOn this week’s episode of Market Talks, Cointelegraph welcomes Grant Shears, founder of Blocmates — an educational and consultancy company…

US House Committee Hearing With the SEC on Libra, Crypto and Securities
In advance:As Cointelegraph reported on Sept. 20, the United States House of Representatives Financial Services Committee is holding a hearing today, Sept. 24, with the Securities and Exchange Commission (SEC) Chairman Jay Clayton and four other SEC commissioners.At the time of the announcement, the published agenda included such critical topics for Cointelegraph’s readers as the…

Tremors from FTX’s collapse reverberate through the scientific community
With Sam Bankman-Fried involved in so many philanthropic ventures, the fallout of FTX could also see a variety of grants and investments being subject to clawbacks or not honored. 414 Total views 9 Total shares The fall of crypto exchange FTX appears to have already begun to impact the hundreds of grant recipients across a…

Square Crypto Grants $100,000 to Open-Source Crypto Payment Processor
Bitcoin (BTC)-supporting payments service Square Crypto is giving the first of what will be many grants to support open-source Bitcoin projects to BTCPay Foundation.BTCPay receives $100,000 grantOn Sept. 14, Square Crypto, the crypto-focused branch of mobile payment company Square, took to Twitter to announce that it is providing BTCPay Foundation with a grant of $100,000…

EY invests $100 million to expand blockchain product suite, launches DeFi contract simulator
Ernst & Young is investing $100 million into targeting enterprise DeFi with its latest suite of Blockchain Analyzer products. 2617 Total views 20 Total shares “Big Four” accounting firm, Ernst & Young Global Limited, or EY, is continuing to invest heavily in blockchain, investing $100 million into engineering and developing distributed ledger technologies for a…

GameStop jumps 12% after Bitcoin purchase plans announced
GameStop is looking to finance its Bitcoin strategy through a $1.3 billion offering of convertible senior notes. GameStop shares jumped nearly 12% on March 26 after the company announced plans to purchase Bitcoin (BTC). The company plans to finance the purchase through debt financing. After markets closed on March 26, GameStop announced a $1.3 billion

FBI, Ukraine seize 9 exchange domains on money laundering allegations
The authorities claimed the exchanges allowed cybercriminals to flout anti-money laundering measures. 489 Total views 4 Total shares Own this piece of history Collect this article as an NFTNine digital currency exchanges allegedly aiding and abetting cybercriminals had their domains seized by the United States Federal Bureau of Investigation (FBI) and Ukrainian law enforcement.According to…

Former Economic Adviser to US President Trump Joins Blockchain Startup Board
Gary Cohn — former chief economic adviser to U.S. Pres. Donald Trump — has joined the board of advisers of blockchain-related tech company Spring Labs, according to a press release published, Oct. 12.In addition to serving in the Trump administration, Cohn has previously worked as COO of American banking giant Goldman Sachs, and most recently…