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Finance

Crypto Giant FTX Eyes Raising Money to Fund Acquisitions: Source

Sam Bankman-Fried’s exchange is raising capital as it considers a retail-focused deal, a person familiar with the matter said.

FTX CEO Sam Bankman-Fried (Alex Wong/Getty Images)

Finance

Crypto Auditing Platform Sherlock Raises $4M in Funding

The protocol features an open auditor competition to help find smart contract vulnerabilities

Venture capital firm Variant commits $450 million to its third crypto-focused fund. (Horst Schwalm/Pixabay)

Finance

Pantera Capital Loses Another Senior Exec as Crypto Hedge Fund’s CFO Departs: Source

Ryan Davis is leaving and Matt Gorham, a long-time Pantera employee, will temporarily fill the job as the senior-executive exodus continues.

Pantera Capital CEO Dan Morehead (CoinDesk)

Policy

US Treasury to Recommend Issuing Digital Dollar if in National Interest: Source

The Treasury Department, in what may be its most important recommendation spurred by President Joe Biden’s executive order on crypto, will suggest how to move forward on a CBDC.

Treasury Department columns and statue (Jesse Hamilton/CoinDesk)

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Finance

Pantera Capital’s Exodus Broader Than Previously Reported: Sources

Terence Schofield, the firm's chief technical officer, and John Jonson, head of the capital formation team, join the list of departing employees.

Pantera Capital CEO Dan Morehead (CoinDesk)

Policy

House’s Stablecoin Bill May Face Fatal Delays for 2022 Progress

Internal plans to release a draft by this week were put off as the factions remain too far apart in negotiations, sources say.

Los intentos de la Cámara de Representantes de los Estados Unidos para controlar a las stablecoins podrían convertirse en un proyecto de ley. (Jesse Hamilton/CoinDesk)

Finance

Online Investing Platform BnkToTheFuture to Buy Crypto Lender Salt Lending

The platform also plans to work with companies in financial distress.

BnkToTheFuture CEO Simon Dixon. (BnkToTheFuture)

Finance

Crypto Miner PrimeBlock’s CEO Has Left Firm After Canceled SPAC Deal: Sources

SPAC deals have been getting axed in recent months due to adverse market conditions.

Cryptocurrency mining rigs sit on racks. (James MacDonald/Bloomberg/Getty Images)

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Finance

Crypto Startup Salaries: Here’s How Much Devs and Others Get Paid

A new Framework Ventures compensation survey of 18 companies it backed sheds light on crypto salaries and token allocations.

Job hunters are lured into Web3 startups by the prospect of crypto riches. (Getty Images)

Finance

Crypto Financial-Services Firm Galaxy Digital Hires Andrew Lace for Its London Trading Division

The firm has been hiring aggressively despite concerns of a crypto winter.

Mike Novogratz, Founder and CEO, Galaxy Digital (Suzanne Cordiero/Shutterstock/CoinDesk)