Business

Crypto business news from Blockworks - hiring updates, funding announcements, blockchain industry news and everything you need to be a crypto insider.

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Upshift is being spun out of August, which raised $10 million earlier this month

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How Brian Armstrong’s vision for a “PayPal for Bitcoin” evolved into Coinbase, one of the most influential companies in crypto

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Paradigm’s Charlie Noyes thinks that the attention on stablecoins is well-deserved after Mesh’s $82 million round

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Is the finance world becoming “more liquid”? Experts give their takes as TradFi players consider new moves

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According to a legal filing, Galaxy Digital helped boost the price of LUNA while quietly selling its tokens

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What Grayscale’s watching going into the second quarter and why crypto had a rough start to the year

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Movement Labs is once again at the core of some criticism after it declined to name a market maker offboarded by Binance

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The forthcoming stablecoin was praised by BitGo’s Mike Bleshe as an advancement in “institutional-ready digital assets”

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Pantera’s Jiang thinks that AI is going to become as important to our everyday lives as the internet is today

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“Every asset manager and bank doing ‘crypto’ is earning insane fees for putting things ‘onchain,'” read a slide from Meltem Demiror’s DAS talk

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DAS panelists shared strong venture capital takeaways, from how big a raise should be to the role VCs play in the industry

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“These guys have created the unlock for the first wave of assets that’s starting with real estate,” VanEck’s Wyatt Lonergan said

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Ledger CEO Pascal Gauthier tells Blockworks that institutions have reached out about security in the wake of the Bybit attack

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CEO Tanner Taddeo told Blockworks that institutions are looking to utilize stablecoins to make transfers cheaper, faster

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Industry experts predict an institutional embrace of crypto, but warn of “stagnation,” bitcoin dominance and innovation slowdown

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Empire co-host Santiago Santos makes the case that memecoins have actually helped push infra forward…just not in the way you think

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Strobe will finish deploying its initial $150M by end of year while raising a second fund

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The company has now acquired three Solana validator operators since its September pivot into Solana

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Anthony Pompliano looks for folks who are running away from something rather than towards it

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VC activity was slightly down month over month, according to TIE data

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The chat function is still in beta for now

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Moonrock Capital’s Simon Dedic thinks that we have to treat infra and consumer apps like the internet: build them side by side

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Seismic, an encrypted blockchain, plans to release its developer testnet in a month

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Ethereum Foundation shakes up leadership as internal rifts settle

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