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River Financial, a San Francisco-based bitcoin technology and financial services institution raised $35 million in a new equity funding round, with the company’s CEO stating that institutional adoption rather than hype is mostly fueling a renewed interest in bitcoin.  River’s new funding round...
The crypto space witnessed an eventful week with several key developments. Authorities in Montenegro agreed to release Kwon Do-Hyung, founder of the failed Terra ecosystem, on bail despite the US and South Korea calling for his extradition. Meanwhile, institutional adoption of cryptocurrencies saw...
The Commodity Futures Trading Commission (CFTC) commissioner, Christy Goldsmith Romero, has questioned the diligence of FTX’s Venture Capitals, given that they did not provide any oversight even with the staggering levels of the now-bankrupt exchange’s poor and unskilled management. Romero’s tough questions Speaking...