There appears to be no end in sight for cryptoasset managers slammed by the bankrupt FTX
The move by Genesis does not affect its other business lines, including crypto trading
FTX CEO Sam Bankman-Fried’s repeated attempts to come up with last-minute emergency financing to save his flailing business have run into a brick wall
It marks a stark reversal from the prop trading firm’s mammoth unwinding yesterday
Mike Cahill, director of the Pyth Data Association, sat down with Blockworks to speak about the macro environment and the possibilities of a multichain future
Blockworks exclusive: Palihapitiya appears wary of the lingering bear market for digital assets, according to two sources familiar with the matter
The partnership behind the trading platform is designed to marry digital assets and carbon trading products to capitalize on the growing interest of institutional investors in both sectors
Blockworks exclusive: The new vehicle plans to hold a first close on investor capital in the third or fourth quarter
Blockworks exclusive: Hiring “Acidphreak” reflects Cohen’s deep conviction in staffing his new venture with crypto-native talent, sources say
Blockworks sat down with veteran headhunter Dan Eskow, who has been building a crypto-specific startup with Wall Street ties
Blockworks exclusive: Shima Capital’s private crypto fund, which focuses on pre-seed and seed investments, debuts with about $200 million
Blockworks exclusive: The move to create a separate entity reflects Cohen’s increasing bullishness on digital assets, according to four sources familiar with the matter
Blockworks exclusive: The longtime global macro hedge fund firm has raised more than $1 billion for its flagship crypto vehicle, according to four sources with knowledge of the matter
Blockworks exclusive: A crypto-focused investment firm veteran is prepping the launch of a new hedge fund firm
Blockworks exclusive: The company has a number of high-profile backers from both traditional finance and crypto
Blockworks exclusive: The venture fund startup was incubated by Three Arrows, a then-favorable arrangement that has since soured
Blockworks exclusive: Steve Cohen’s hedge fund heavyweight is looking to hire at least two senior crypto-focused professionals
Blockworks exclusive: DYdX Trading is also working on the next iteration of its native protocol
Blockworks exclusive: Crypto exchange FTX recently scuttled plans to raise yet another venture round at a significantly lower valuation, sources told Blockworks
The sale’s timeline was accelerated after competitors mounted rival bids, three sources told Blockworks
Blockworks exclusive: The company, run by a pair of TradFi vets, conducts deep dives on both digital asset-focused investment managers and service providers
Blockworks exclusive: The executive was the only one cut from the trading team, one source said
The bank was approached by at least one institutional investor asking Goldman to advise and broker a potential deal for Celsius’ assets, according to sources familiar with the matter.
Blockworks exclusive: Anthony DeMartino, former head of risk strategies at Coinbase, has joined Matrixport, the company confirmed today