Galaxy Digital’s revenue soars with mining, fees at record levels

Galaxy Digital’s net income climbed 40% in the first quarter of 2024, buoyed by record-breaking revenue from mining operations and management fees.

Galaxy Digital’s revenue soars with mining, fees at record levels

Galaxy Digital reported a robust first quarter in 2024, with net income climbing to $422 million, a 40% increase from the previous quarter. The surge was supported by record earnings in mining a...

4 months ago

Web3 travel app turns regional experiences into mintable NFTs

Travelers around the world are ready to discover new destinations, and blockchain is here to help connect local attractions to global experiences.

Web3 travel app turns regional experiences into mintable NFTs

Traveling to a new region always conjures up delightful experiences and vivid memories. From visiting a historical ruin for the first time to randomly attending a local musician’s performa...

4 months ago

UK closes ‘trust me bro’ crypto firm that gave horrible advice to clients

It comes just two weeks after the Insolvency Service secured a winding-up order against Amey’s firm in the United Kingdom High Court on April 30.

UK closes ‘trust me bro’ crypto firm that gave horrible advice to clients

United Kingdom authorities have officially shut down a crypto academy, claiming the founder used it to “recklessly persuade” people to partake in loss-making investment schemes, incl...

4 months ago

Vanguard names Bitcoin-friendly former BlackRock exec as new CEO

Salim Ramji spoke highly of Bitcoin and blockchain technology when overseeing BlackRock’s spot Bitcoin ETF filing.

Vanguard names Bitcoin-friendly former BlackRock exec as new CEO

Asset management giant Vanguard has named Bitcoin-friendly former Blackrock executive Salim Ramji as its new CEO. With Ramji overseeing the approval and launch of BlackRock’s spo...

4 months ago

Bitget Wallet launches $10M ecosystem fund alongside Onchain Layer

The ecosystem fund is denominated in Bitget Wallet’s native token, BWB, which is scheduled for debut this quarter.

Bitget Wallet launches $10M ecosystem fund alongside Onchain Layer

Crypto exchange Bitget is looking to create its own on-chain ecosystem by following the footsteps of exchanges such as Binance, OKX and KuCoin.  “The Bitget Onchain Layer wi...

4 months ago

CoinShares posts record revenue in Q1, backed by markets, Bitcoin ETFs

CoinShares’ revenue, gains and other income reached 43.9 million pounds ($55 million) in the first quarter of 2024, a 216% increase year-over-year.

CoinShares posts record revenue in Q1, backed by markets, Bitcoin ETFs

European asset manager CoinShares posted a record performance in the first quarter of 2024, driven by a recovery in markets since the debut of Bitcoin exchange-traded funds (ETFs). The...

4 months ago

Brazil leads LATAM crypto trading with $6B volume in 2024

Brazil recorded a 30% increase in crypto trading volume in the first months of 2024, outpacing USD weekly trading volume since mid-January.

Brazil leads LATAM crypto trading with $6B volume in 2024

Crypto trade volumes in Brazil have spiked in the first months of 2024. According to data from Kaiko Research, crypto trading activity in the country is up 30% year-over-year. From Jan...

4 months ago

Antonio Juliano steps down as CEO of dYdX

The decentralized exchange is now led by Ivo Crnkovic-Rubsamen, a former trader and dYdX chief strategy officer.

Antonio Juliano steps down as CEO of dYdX

The founder of the decentralized exchange dYdX is stepping down as CEO after seven years of heading the crypto derivatives platform. In a May 13 blog post, Antonio Juliano announced hi...

4 months ago

Coinbase website down as crypto exchange cites ‘system-wide outage’

Crypto exchange Coinbase suffered a “system-wide” outage, rendering the platform unusable.

Coinbase website down as crypto exchange cites ‘system-wide outage’

United States-based crypto exchange Coinbase has suffered a “system-wide outage,” rendering its services unusable for those looking to access the crypto exchange on desktop or mobile...

4 months ago

Rain exchange suffered $14.1M in suspicious outflows 2 weeks ago

Several wallets reportedly belonging to Rain sent suspicious token transfers to a new address.

Rain exchange suffered $14.1M in suspicious outflows 2 weeks ago

The Rain cryptocurrency exchange was “likely exploited” on April 29 when $14.1 million worth of Bitcoin, Ether, Solana, and was transferred to a new wallet under suspicious circumsta...

4 months ago

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