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Finance

FCA-Regulated Crypto Trading Firm Portofino Technologies Sees Staff Exodus

Co-founder Alex Casimo and CFO Jae Park were fired in July, which triggered a number of departures from the market making firm.

Jobs

Finance

Solana's Crypto-Governance Hub Realms Is Under New Management

The project is spinning out of Solana Labs and its new leaders want to turn a profit.

Scenes from Solana's Miami Hacker House in April 2022 (Danny Nelson/CoinDesk)

Finance

U.K. Pension Giant L&G Looks to Enter Crypto's Tokenization Space

London-based L&G, which has $1.5 trillion in assets, is evaluating ways to join other big traditional players like BlackRock, Franklin Templeton and Abrdn that are offering blockchain-based money-market funds and the like.

City of London, England (Shutterstock)

Finance

Crypto Exchange Kraken Launches Wrapped Bitcoin Token kBTC

The token will be available on both Ethereum and OP Mainnet.

Kraken Crypto App

Markets

GraFun Starts Labs Division to Boost Memecoin Ecosystem on BNB Chain

Partners include trading firm DWF Labs and the Floki, BNB Chain’s largest memecoin by market capitalization.

Ledn's Mauricio Di Bartolomeo argues that the crypto lending industry can rebuild trust following a disastrous 2022. (Mathieu Stern/Unsplash, modified by CoinDesk)

Finance

Crypto-Real Estate's USDR Misled Investors as Tangible Brothers Made Millions

The 2023 crash of Tangible's USDR stablecoin is infamous in crypto circles. But a CoinDesk investigation reveals there's another story to be told.

Tangible CEO Jagpal Singh (Photo illustration by Jesse Hamilton/CoinDesk based on images from Tangible and Images Money)

Finance

SingularityDAO Plans to Merge With Cogito Finance, SelfKey to Form AI-Focused Layer-2

The three projects' tokens will consolidate into Singularity Finance (SFI).

Merger (TheDigitalArtist/Pixabay)

Finance

Solv Raises $11M to Grow the $1.3B Bitcoin Staking Protocol

Solv Protocol's SolvBTC product has more than 20,000 BTC staked ($1.24 billion) deployed across 10 major blockchain networks

Staking (ivabalk/Pixabay)

Finance

Binance, FalconX and the Curious Case of 1.35M Missing Solana Tokens

Crypto prime broker FalconX didn't know who the SOL tokens belonged to until crypto exchange Binance came asking for them years later.

Mysterious transactions and reconciliation head-scratchers happen in traditional finance, too, but crypto could be uniquely prone to a situation of this sort. (Wikimedia Commons)

Finance

Crypto Custody Firm Copper’s CEO Dmitry Tokarev Plans to Step Down

Tokarev helped found the digital-assets custody firm in 2018.

Copper CEO Dmitry Tokarev (Copper)