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Unchained Capital
2023 Crypto Year in Review: Is a Bull Market Around the Corner?
In 2023, the crypto industry began with post-FTX fallout such as Operation Chokepoint 2.0, the failures of banks serving the crypto industry and the SEC's Wells Notice against Coinbase. Meanwhile, Bitcoin Ordinals brought innovation to the Bitcoin network, while Ethereum's Shanghai upgrade introduced new functionalities.
Bitcoin Financial Services Firm Unchained Capital Raises $60M
Unchained Capital has completed a $60 million Series B funding round led by Valor Equity Partners, including crypto asset-management giant NYDIG. The financial services firm's CEO, Joseph Kelly, joins "All About Bitcoin" to discuss bridging the gap between the bitcoin-native and fiat-native worlds. Plus, the state of bitcoin custody after FTX's fallout.
Intel Discontinues Bitcoin Mining Chip Series; Unchained Capital Raises $60M
Chipmaking heavyweight Intel (INTC) is ending production of its bitcoin mining chip series, the company said in a statement to CoinDesk. Separately, Unchained Capital has completed a $60 million Series B funding round led by Valor Equity Partners, including crypto asset-management giant NYDIG.
Bitcoin Financial Services Firm Unchained Capital Raises $60M
The Series B funding comes about five months after the company cut 15% of its staff amid the pressures of the prolonged crypto bear market.
Bitcoin Financial Services Firm Unchained Capital Cutting Staff, Reshuffling Management
While the company has no exposure to FTX, the extended bitcoin bear market is taking a toll on parts of the business.
Crypto Following Tech Stocks Down, Why the Correlation?
Unchained Capital CEO Joseph Kelly discusses the crypto markets after BTC briefly dropped below $30,000, highlighting cryptocurrency’s correlation with the stock market and tech assets. Did institutional investors play a role in the crypto sell-off? And why the spillover into altcoin markets?
Unchained Capital Discloses Data Leak at Email Marketing Partner
The bitcoin-only financial services provider says, however, that none of its own systems were compromised.
NYDIG, Stone Ridge Lead $25M Funding Round for Unchained Capital
NYDIG also committed to lend Unchained another $100 million, for a total commitment of $150 million.
The MicroStrategy Effect? This Firm Is Helping Businesses Save in Bitcoin
Bitcoin financial services firm Unchained Capital has released an “advanced business account” specifically targeting firms that want to hold BTC.
The 'Great Lockdown' Is Boosting Demand for Bitcoin Custody Solutions
Bitcoin wallet startups have seen a sudden uptick in activity. In short, more people want to hold their own bitcoin than ever before.
