Animoca Brands is considering Hong Kong for its upcoming IPO due to the city’s growing digital asset sector. Despite a drop in valuation from $5.9 billion to between $1.5 billion and $3 billion, the company is focused on expanding and has yet to set a firm IPO timeline.
AnaisThe SEC said that by offering the MetaMask wallet software, Consensys acted as an unregistered securities broker.
JinseFinanceCircle discontinues USDC on Tron, citing risk management, impacting USDC holders and Tron's DeFi ecosystem. Options for transfer to supported networks provided amidst regulatory concerns and strategic shifts.
AlexThe company is said to be in discussions with advisors, preparing for a potential initial public offering
BrianA total of 97 employees, or 11% of the workforce, will be affected, according to a blog post by the CEO.
CoindeskCoinDesk estimates nearly 27,000 jobs have been lost across the crypto industry since April last year, based on media reports and press releases.
CoindeskCrypto firm ConsenSys is announcing a new partnership with payments giant PayPal to create a convenient way for investors to purchase Ethereum (ETH).
dailyhodl"Joseph Lubin is the majority shareholder of both companies. The transaction harms CAG's minority shareholders and benefits Joseph Lubin personally," the group said.
CointelegraphIf Blockchain.com can conduct an IPO ahead of Binance.US, it will be the second cryptocurrency exchange to list in the United States.
CointelegraphBlockchain.com would be just the second crypto exchange to go public in the U.S. if it can perform an IPO before Binance.US.
Cointelegraph