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Finance

Bitcoin Miner Crusoe Energy Secures 50 BTC on Newly Launched Liquidity Platform Block Green

Block Green aims to unlock liquidity from institutional investors for miners and incentivize green mining.

Bitcoin mining can soak up renewable energy that is hard to transmit or consume locally, giving a leg up to energy producers. (Yunha)

Policy

Bankrupt Crypto Exchange Bittrex U.S. Set to Allow Withdrawals Starting Thursday

The move follows a Tuesday ruling from a Delaware court.

Bittrex filed for bankruptcy in the U.S. (Marco Verch/Flickr)

Tech

Blockchain Staking Provider Chorus One Expands to Peer-to-Peer Network Urbit

Chorus One's bet on Urbit's future growth is described by executives as a natural extension of the company's staking services on blockchains including Ethereum, Solana, Cosmos and Polkadot.

Josh Lehman, executive director, Urbit Foundation, spoke at Consensus 2023 in Austin, Texas, in April. (Shutterstock/CoinDesk)

Finance

Crypto Custody Firm BitGo Reaches Preliminary Agreement to Buy Prime Trust: Sources

The financial terms of the deal were not disclosed by the source.

Full Shows – Consensus: Distributed

Finance

Crypto Hedge Fund Arca Has Trimmed 30% of Its Staff

The company currently has 66 employees, according to LinkedIn.

Arca CEO Rayne Steinberg (CoinDesk archives)

Finance

Binance Hands Rising Star Teng Key Role to Replace CEO Zhao at Largest Crypto Exchange

Taking an expanded role overseeing regional markets outside the U.S., former regulator Richard Teng wants to demonstrate Binance is “a new organization.”

Richard Teng (Binance)

Finance

Crypto Exchange Kraken’s Canada Customer Deposits Rose 25% After Binance Announced Departure

Kraken also saw a fivefold increase in app downloads within a week of OKX saying it was leaving the country back in March.

Toronto, Canada (Shutterstock)

Finance

Olive-Oil Producer Issues First Euro-Stablecoin-Denominated Bond on Obligate’s DeFi Platform

The debt sale was the first of its kind for the French sustainable agriculture business.

(stevepb/Pixabay)

Finance

StepStone VC Raises $97M for Two Blockchain Funds

SEC filings show pooled investment figures for the two private equity funds.

Lending money handing over paying cash (Shutterstock)