Uncategorized

TRM Labs Completes $70M Round At $1B, Becomes Crypto Unicorn

Blockchain intelligence platform TRM Labs completed a $70 million Series C funding round, valuing it at $1 billion, becoming the latest crypto company to reach unicorn status. The investment round was led by seed investor Blockchain Capital, with participation from Goldman Sachs, Bessemer Venture Partners, Brevan Howard Digital, Thoma Bravo, Citi Ventures and Galaxy Ventures

UK Lords Stablecoin Inquiry Hears Criticism of Stablecoins and GENIUS Act

The United Kingdom’s House of Lords heard critical views on stablecoins Wednesday, with witnesses claiming that tokens were mainly “on- and off-ramps into crypto,” rather than the future of money. The House of Lords held a public session as part of its new inquiry into how stablecoins should be regulated in the country, gathering evidence

Mercado Bitcoin Deploys $20M in Private Credit on Rootstock

Latin American digital asset platform Mercado Bitcoin said that it had deployed more than $20 million of tokenized private credit on Bitcoin sidechain Rootstock, deepening its push into real-world assets (RWAs) and targeting $100 million in issuances by April.  According to a release shared with Cointelegraph, several offerings had already reached target capacity since going

Cango Inc. Announces January 2026 Bitcoin Production and Mining Operations Update

DALLAS, Feb. 3, 2026 /PRNewswire/ – Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today published its Bitcoin production and mining operations update for January 2026. Bitcoin Mining Production and Mining Operations Update for January 2026 Paul Yu, CEO

Spot Bitcoin ETFs Return Positive After $1.5B Outflows

Advertisement &nbsp &nbsp U.S.-listed spot Bitcoin exchange-traded funds saw net inflows on Monday, putting an end to a four-day streak of outflows. The renewed ETF inflows indicate that Wall Street still loves the apex crypto despite the ongoing price turmoil. Snapping Losing Streak According to data from Farside, the 11 ETFs posted a total net

Ethereum struggles near $2,200 as risks mount

Ethereum price fell toward $2,200 after another wave of selling, with rising volume and weak momentum keeping traders on the defensive. Summary Ethereum continued to slide as traders reduced risk exposure. Futures data showed rising activity but falling confidence. Technical signals point to limited upside without a strong rebound. At the time of writing, Ethereum

Tether scales back $20B fundraising bid amid valuation concerns: Report

Investors remain cautious as Tether reassesses its fundraising efforts amid questions about its hefty valuation. Tether, the world’s largest stablecoin issuer, is reconsidering the scale of its planned funding round amid skepticism over its $500 billion valuation, according to a report from the Financial Times. The El Salvador-registered company initially explored raising as much as

Trump Says He Didn’t Know of Abu Dhabi $500M WLFI Investment

Reports say a wealthy Abu Dhabi investor bought a near-half stake in a crypto company tied to the Trump family. The transaction, reported to be worth about $500 million, involved an entity linked to Sheikh Tahnoon bin Zayed Al Nahyan. It has prompted questions in Washington and stirred activity in the markets where the company’s

‘Sell Gold, Buy Bitcoin’: Cathie Wood Makes The Rotation Call

ARK Invest CEO Cathie Wood said she would “make a shift from gold into Bitcoin” after gold’s run left the metal looking extended on a key liquidity-adjusted measure, arguing that bitcoin’s supply dynamics and long-term adoption case still favor the crypto asset despite a sluggish year. Speaking on a Feb. 2 episode of The Rundown

Aave Shutters Avara Brand and Family Crypto Wallet

Aave Labs says it is sunsetting its “umbrella brand” Avara in the company’s latest move to refocus on decentralized finance and simplify its branding. Aave founder and CEO Stani Kulechov posted to X on Tuesday that Avara, a company encompassing projects including the Family crypto wallet and previously the social media platform Lens, “is no
back to top