Jump Crypto Adds $10M to Industrys U.S. Political War Chest, Raising PAC to $169M

Both efforts saw a higher-than-expected showing of support from Democrats, and the tallies are being used to assess lawmakers. Stand With Crypto, an advocacy group started by Coinbase, maintains a grading system for politicians. The “D” grade for Sen. Mark Warner (D-Va.), for instance, reflects his no vote on the SAB 121 resolution, while the [...]

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Jump Trading Expands Global Crypto Operations After U.S. Setback

Jump Trading, a prominent Chicago-based trading firm, has expanded its cryptocurrency operations after scaling back in the U.S. due to regulatory challenges. The firm has ramped up crypto trading globally and maintained market-making activities outside the U.S. Jump has also accelerated its hiring efforts, especially for crypto engineers. As part of this push, the company […]

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Chiliz Invests $50M in Incubator for 2.0, CHZ Slumps 8.8%

Against all odds, the sports & entertainment blockchain Chiliz draws attention of crypto talents with a $50M fund.

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Metaplex Confirms Cutbacks In Response To The Collapse Of FTX

on Thursday, A round of layoffs was carried out at Metaplex. Metaplex is a manufacturer of the Solana NFT protocols. This came about as the Web3 ecosystem was affected by the collapse of FTX last week. Reason For The Metaplex Lay-Offs Stephen Hess, co-founder and CEO of Metaplex tweeted. He confirmed that an unspecified number [...]

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Jump Crypto to Build New Validator Client for Solana to Make Network More Reliable

Jump Crypto has announced that it will be building a core part of Solana’s infrastructure.

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Jump Crypto to Build New Validator Client for Solana

Following the growing security breaches on the Solana Blockchain network, Jump Crypto, a start-up known for many things in the digital currency ecosystem, from system redesign to investment, is set to help the protocol build a new validator client. (Read More)

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Solana blockchain enhancement by Jump Crypto

Jump Crypto is attempting to redesign a crucial component of Solana’s architecture to improve the throughput and dependability of a network that has been beset by numerous outages and slowdowns. Jump Trading Group, a major TradFi player with headquarters in Chicago, is developing a new validator client, a piece of software that aids with blockchain […]

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KuCoin Pulls $150m Funding in Pre-Series B, Hitting $10bn Valuation

KuCoin Exchange has announced a pre-Series B funding round by pulling $150 million, aiming to expand its current centralized service offerings in the broader Web3.0 ecosystem. (Read More)

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DeFi Protocol Ref Finance Completes $4.8M Financing Led by Jump Crypto

NEAR's blockchain ecological DeFi project- Ref Finance announced the completion of $4.8 million financings led by Jump Crypto. (Read More)

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Jump Crypto replenishes funds from $320M Wormhole hack in largest-ever DeFi 'bailout'

The venture capital firm dug into its own pockets to restore trust in the Wormhole ecosystem.

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Jump Crypto subsidiary Tai Mo Shan settles with SEC for $123 million

The ensuing fallout from the Terra ecosystem collapse eventually caused Terraform Labs to shut down following a settlement with the SEC.

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Game developer sues Jump Crypto for alleged pump and dump, $1.4M freeze

The developer of a post-apocalyptic Web3 game sued market maker Jump Crypto for allegedly dumping its coins on the market in breach of its contract.

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Bitcoin Wallet Xverse Secures $5 Million Seed Funding Led by Jump Crypto

Bitcoin wallet Xverse secures $5 million in funding, aiming to accelerate advanced features around Ordinals and scaling solutions.

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