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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.
Energy Giant Saudi Aramco Signs Agreement With droppGroup to Build Web3 Tech
Saudi Aramco will explore co-developing blockchain-based technologies that could benefit its workers.
Bitmain Partner BitFuFu Starts Marketplace for Crypto Mining Rig Coupons
The discount coupons issued last year haven't been used because miners don't have the cash to spend on new equipment.
Canada Close to Tightening Rules for Crypto Exchanges: Sources
The changes will ensure it’s simply too expensive to do business in Canada, said one person familiar with the plans.
Mt. Gox’s 2 Largest Creditors Pick Payout Option That Won’t Force Bitcoin Sell-Off: Sources
The early lump sum payment they picked is set to be paid out in September. The option to wait until all Mt. Gox litigations settle could net higher payouts but may take another five to nine years, sources said.
Web3 Messaging Platform Salsa Raises $2M in Pre-Seed Round
The mobile app is now available in beta and has a partnership with a Proof of Attendance Protocol (POAP).
Crypto Wallet Messaging Application Push Protocol Expands to BNB Chain
The move to BNB Chain could attract more users to Push, its founder said.
Australian Crypto Exchange Digital Surge Set to Come Back Online After Stakeholders Sign Recovery Plan
The exchange is expected to resume trading next week, a source said.
Web3 Gaming Platform Ajuna Raises $5M in New Private Financing
The startup will use the new capital and its previous $2 million raised in seed round, to fund its expansion.
