Celsius Boss Considers Crypto Custody Pivot After Business ‘Fail’
A report from The New York Times says that Celsius CEO Alex Mashinsky recently suggested turning the failed crypto lending business into a digital asset custody firm. A report from The New York Times says that Celsius CEO Alex Mashinsky recently suggested turning the failed crypto lending business into a digital asset custody firm. Celsius […]
BlockFills to Offer ESG Credits to Miners
The company said that it is working with Isla Verda Capital to sell carbon offsets to miners who get their power from renewable energy sources. BlockFills, a company that provides crypto financial services and technology, is working with Isla Verde Capital to offer environmental credits to crypto miners to help them make up for the […]
Prominent Crypto Figure Leaving Department of Justice
Nicholas Quaid, who was in charge of the Criminal Division’s second-in-command position, spent his almost two years at the DOJ developing the system for enforcing and passing laws about crypto crimes. According to a report from Bloomberg Law on Tuesday, a key figure in the process of making laws and prosecuting crypto crimes is leaving […]
Binance Set to Gain From Increased Supply of Its Own Stablecoin
The bank said that the automatic conversion of other stablecoins could add $908 million to the amount of binance USD on the market. Trade in crypto Bank of America (BAC) said Thursday in a research report that Binance’s decision to convert all existing balances and future deposits of three stablecoins—USD coin (USDC), trueUSD (TUSD), and […]
Revolving Games Raises Partnership Raises $25M
The company will make its own decentralized games and work with global franchise partners to make more. Revolving Games, a company that makes Web3 games, has raised $25 million in a funding round led by Pantera Capital, a big investment firm that focuses on crypto. The money will be used to create scalable, decentralized game […]