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Crypto Casino Founder Apologizes for Gambling Away Investor Funds
Galaxy says it has reported a former general partner, Richard Kim, to the authorities for misappropriating at least $3.67 million of company funds belonging to Zero Edge, Kim's crypto casino.

OKX Picks Malta Over France as Europe Hub to Comply With EU's MiCA Crypto Rules: Sources
OKX previously said in May 2023 that France would be its preferred European hub. "Compliance in Malta is way more lenient," said a person with direct knowledge of OKX's EU regulatory efforts.

Top Crypto VC Says Ex-General Partner Made Undisclosed Side Deal With Portfolio Company
Polychain says Niraj Pant broke the fund's policies by secretly accepting "adviser" tokens from Eclipse.

Blockchain Startup Rome Raises $9M to Serve Ethereum Layer-2s Through Solana
Shared sequencers and data availability (DA) are services that Rome could provide, as blockchain builders increasingly rely on "modular" networks to handle Ethereum's myriad components and functions.

Digital Asset Trader Auros to Invest Over $50M in Crypto Startups Through Its Newly Established VC Arm
Auros Ventures aims to make concentrated bets on crypto startups to help them scale with Auros being "power user," Auros co-founder and CIO Ben Roth said in an exclusive interview with CoinDesk.

Private Equity Giants Are Circling Bitcoin Miners on AI Allure
Private equity firms are seeing value in partnering with bitcoin miners to help with AI computing after Core Scientific signed a 200MW deal with CoreWeave in June, the company’s CEO said in an exclusive interview with CoinDesk.

Solana Meme Coin MEW's Cat Character to Feature on Trending Telegram Mini Game
The MEW character will be featured on TON, the network where Pixelverse’s Telegram mini-games operate, in a first for a Solana meme coin.

Mantra to Tokenize $500M Real Estate Assets for UAE Builder MAG Group
In March, the Middle-East-focused Mantra raised $11 million for its real-world tokenization efforts.

Crypto Exchange Kraken Is Considering Going Nuclear
Massive demand for energy from high performance computing and artificial intelligence firms is changing the landscape in terms of power stability, the company’s CTO said in an exclusive interview with CoinDesk.

Abra Launches Treasury Service for Corporates That Want to Hold Crypto
The service will provide corporates, family offices and non-profits with a range of digital asset treasury management solutions.
