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The Series B valued Griffin at more than $100 million and will help fund stablecoin reserve services and onchain cross-border payments.
Originally published by Cointelegraph. Read the original article
Injective faces potential further downside risks as falling futures Open Interest, weakening derivatives activity, and mounting sell pressure weigh heavily on the cryptocurrency near crucial technical support levels.
Ethereum dropped 1.7% to near $2,000 following BitMine Immersion Technologies reporting a massive $6.3 billion annual net loss driven by unrealized digital asset portfolio declines.
Dogecoin faces deeper losses and ongoing vulnerability as whale wallets dump 750 million tokens, dragging DOGE down to a fresh yearly low of $0.066 amid a broader market downturn.
Bitcoin fell to its lowest leve since Aug. 20 as tech stocks slid following the resignation of Nvidia CEO Jensen Huang.
Colette Kress will remain Nvidia’s chief financial officer while serving as interim CEO as the board searches for a permanent successor.
Bit Digital’s $27 million third-quarter revenue came in 16% below analyst consensus estimates, marking an over $5 million shortfall.
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