Embattled crypto lender Celsius Network filed for Chapter 11 protection Thursday morning in an effort to “stabilize its business and consummate a...
Crypto
![Illustration of cowboy pulling bull back from the edge-LatAm. [Dom Guzman]](https://news.crunchbase.com/wp-content/uploads/Quarterly_Pullback_LatAm-470x352.jpg)
Last year, Latin America was the fastest-growing region in the world for venture capital investment. This year, it may be on track to be the fastest...
June was the most active month for tech layoffs so far this year, with at least 75 reports of U.S.-based tech companies initiating layoffs.
Cryptocurrency lender Nexo says it signed an indicative term sheet with competitor Vauld for a potential acquisition.
Crypto exchange FTX is close to acquiring crypto lender BlockFi, CNBC reported this week. One source told CNBC that FTX was expected to pay $25...
Only five U.S.-based startups raised six-figure rounds and none even broke the $200 million mark. A year ago, it wasn’t uncommon for at least a trio...
So far in 2022, investors have poured a bit over $24 billion into Series B deals, per Crunchbase data. That’s higher than the full-year total for...
Despite a rocky couple of months for crypto, San Francisco-based FalconX locked up a $150 million Series D and more than doubled its valuation from...
Just weeks after announcing an $80 million Series B that valued the company at $2 billion, Hong Kong-based Babel Finance has frozen redemptions and...
Things are so bad in the crypto world right now that even when the industry gets a small taste of good news, it’s followed by a heaping spoonful of...
Cryptocurrency exchange Coinbase is laying off 18% of its employees. The layoffs will affect roughly 1,100 people at the company, which went public...
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