BUSINESS
Block's Cash App Bitcoin Revenue Falls 7%
Jack Dorsey's Block Inc. reported a 7% reduction in Bitcoin sales in Q4, with its Cash App producing $25 million of BTC gross profit, down 25% YoY.
Blockchain Association Rejects Court's Securities Ruling on Private Blockchains
A U.S. lawyer called it "absurd" for a court to declare digital assets on centralized databases securities.
Celebrities asked to dismiss second amended complaint in class-action lawsuit
Kim Kardashian, Floyd Mayweather, and others claim investors "suffered no damage from just hanging onto the tokens" in their dismissal request.
DZ Bank to Integrate Digital Currencies Into Asset Management Services in collaborated with Turkish technology company
Metaco has also worked with Togg and UnionBank of the Philippines.
Binance.US Could Be in Violation of Securities Law
SEC opposes Binance. US acquisition of nearly $1 billion in Voyager Digital assets.
The Development of Blockchain Chips
The new "fully homomorphic encryption" chip will let users operate on data without decrypting it.
Interchain Foundation to Spend $40 Million on Cosmos Ecosystem Development
The ICF supports adoption initiatives like Interchain Builders and Interchain NFTs while emphasizing core development.
Revenue for United States-based Coinbase Exchange Beats Expectations for 4th quarter
Coinbase exceeded Wall Street profit projections in Q4 2022 despite a drop in exchange transaction volumes.
Solana Spaces to Close Down Stores
Solana Spaces shuttered its two Solana-themed retail outlets in New York and Miami after seven months, citing a shift in investment emphasis.
Galaxy Digital Invests $44 Million Into Institutional Cryptocurrency
Galaxy Digital invests $44 million in institutional bitcoin custody platform GK8 to integrate its asset storage and management capabilities.
Binance Australia Derivatives starts closing certain positions and accounts
Binance Australia Derivatives are for wholesale investors exclusively, according to a separate notification.
LinksDAO and Spey Bay Golf Club
"LinksDAO" may acquire a $900,000 Scottish golf course. Voting closes on Feb. 22 at 12pm ET, with 88% of voters supporting the acquisition.
Payments giant PayPal and Galaxy raise $20 million
The investment round included 23 organizations and six angel investors.
The Bank for International Settlements
Industry executives and authorities have raised worries about crypto market structure after the 2022 meltdown.
Cryptocurrency exchange Huobi Global is seeking a license in Hong Kong
Singapore-based cryptocurrency exchange Huobi is considering expanding into Hong Kong, where regulatory changes are underway.