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Latest from Nick Baker
Blockchain.com May Raise Money at Significant Discount to Previous Valuation: Bloomberg
The company was valued at $14 billion in a funding round earlier this year, but may only fetch $3 billion to $4 billion, the publication reported.
Bloomberg's Matt Levine Writes 40,000-Word Article on Crypto
It's the only article this week in Businessweek, just the second time the magazine has been filled by a single piece.
Effort to Reverse SEC Rejection of Bitcoin ETF Wins Broad Crypto, TradFi Support
Regulators rebuffed Grayscale's attempt to convert its bitcoin trust into an ETF. Grayscale has powerful allies as it seeks to overturn that decision.
Grayscale Takes Over Key Role for Bitcoin Trust, Other Products From Genesis
Grayscale Securities, a new broker-deal division, will handle selling shares of the company’s crypto trust products, taking over a function previously provided by fellow Digital Currency Group subsidiary Genesis Global Trading.
Binance Starts Ethereum Proof-of-Work Mining Pool, Initially With No Fee
ETHW initially stumbled, but mining support from Binance customers could in theory help.
Crypto PR Firm Wachsman Hires Cointelegraph's CEO as Chief Growth Officer
Jay Cassano was previously editor-in-chief of the crypto news organization and a journalist at Fast Company and Newsweek.
Wall Street Titans' New Crypto Exchange Aims to Seriously Cut Costs for Investors
EDX Markets, backed by major trading and investment firms like Schwab and Citadel Securities, will initially offer only a handful of cryptocurrencies such as bitcoin.
Pantera Capital Loses Another Senior Exec as Crypto Hedge Fund’s CFO Departs: Source
Ryan Davis is leaving and Matt Gorham, a long-time Pantera employee, will temporarily fill the job as the senior-executive exodus continues.
US Government Amps Up Inevitable Clash With Crypto Privacy in Tornado Cash Blacklisting
The Treasury Department says Tornado Cash abetted laundering of $7 billion, but that’s not likely to quiet crypto enthusiasts as they fight to stay anonymous.
Huge Traders Remain Super Bullish on Bitcoin Despite Crypto Carnage
A big player in professional finance says its trading partners see bitcoin rebounding to $32,000 this year.
