Law firm Fenwick & West sued for $525M over alleged role in FTX collapse
A group of 20 victims from five countries or jurisdictions has filed a $525 million lawsuit against Fenwick & West LLP, one of Silicon Valley’s...
Tag : firm
Bitcoin firm Nakamoto records net loss in Q1 despite sixfold revenue growth
Bitcoin company Nakamoto saw a 500% quarter-on-quarter increase in Q1 revenue after completing two key strategic acquisitions in February aimed at expanding its footprint across...
Bitcoin Firm Metaplanet Posts $725 Million Loss, Delays Preferred Share Offerings
In brief Metaplanet reported a first-quarter loss of $725 million, a sharp widening compared to $31 million last year The company reported a jump in...
Bitcoin Wallet Firm Exodus Expands Payments Push, Sells $87 Million in BTC
In brief Exodus (EXOD) is expanding into the full payments stack with its Exodus Pay platform and new stablecoin. The firm completed two acquisitions and...
Kraken’s $600M stablecoin firm, Huione scandal deepens, Asia Express
Everything that happened in crypto news in Asia over the past seven days: Asia Express. In this issue Kraken’s parent buys Hong Kong payments firm...
Keel Infrastructure Posts $145 Million Loss as Firm Completes Pivot From Bitcoin Miner to AI
In brief Keel Infrastructure (formerly Bitfarms) posted a $145M net loss in Q1 2026, with revenue down 23% year-over-year to $37M. The company completed its...
Ethereum Firm Sharplink Posts $686 Million Loss, Kicks Off $125M Yield Fund With Galaxy
In brief Ethereum treasury firm Sharplink posted a Q1 net loss of nearly $686 million. The loss is significantly higher than its reported net loss...
Trump Sons Haven't Abandoned World Liberty Financial, Crypto Firm Insists
In brief Donald Trump Jr. said the Trump family has not abandoned World Liberty Financial, dispelling online rumors. Co-founder Zach Witkoff said the firm is...
Kraken buys Hong Kong stablecoin firm Reap for $600 million in Asia push
Kraken’s $600 million acquisition of Reap folds a Hong Kong stablecoin business‑payments specialist into its stack, with Payward issuing stock at a $20 billion valuation...
Kraken Parent Acquires Asian Stablecoin Firm Reap for $600 Million: Bloomberg
In brief Kraken parent Payward Inc. agreed to pay $600 million for Reap Technologies, a Hong Kong-based stablecoin payments provider. The deal combines cash and...