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Former Accounting Team of FTX US Auditor Armanino Sets Up Shop as The Network Firm
The episode highlights yet another chokepoint for the blockchain industry: It's become harder for crypto startups to enlist big accounting firms to do audits and asset attestations.
DeFi Trading Platform Aurox Seeking Funding at $75M Valuation
The DeFi-focused software developer firm is seeking to raise up to $1 million in a crowdfunding campaign on tZERO.
Entertainment NFT Firm Orange Comet Raises $7M in Equity Round
The company, which has created digital collectibles for athlete Scottie Pippen and “The Walking Dead," plans to raise more capital later this year.
Crypto Hedge Fund Arca VP of Portfolio Management Leaves
Hassan Bassiri’s exit comes months after the firm shuttered its Digital Yield Fund, citing market volatility.
Crypto Conglomerate Digital Currency Group Reports Loss of $1.1B in ‘Challenging’ 2022
DCG held cash and cash equivalents of just $262 million at the end of 2022, while investment assets amounted to $670 million.
BNB Chain’s Second-Largest DeFi Protocol Venus to Accept Floki Tokens as Lending Collateral
The move is expected to benefit FLOKI holders, developers say, as they continue to build and seek strategic partnerships.
Crypto Wallet Firm Dfns Says ‘Magic Links’ Have Critical Vulnerability
Affected services say they were given barely any notice before Dfns published its blog post detailing the so-called zero day.
Litecoin Foundation Partners With Digital Asset Manager Metalpha to Develop Hedging Products for LTC Miners
The partnership will jointly develop the Litecoin ecosystem to hedge risk and lower carbon emissions.
Alameda-Backed Crypto Trader Folkvang Is Still Standing Despite Big Hit From FTX's Demise
The firm, which managed as much as $400 million in 2021, had half of its equity parked on FTX before it collapsed.
Galaxy Digital Closes $44M Acquisition of Self-Custody Platform GK8
The self-custody platform was an asset of bankrupt crypto lender Celsius.
