Storj Labs bankruptcy filing sends STORJ down 16% to $0.06
Storj is the fourth crypto firm in seven days to fail or wind down, and the only one offering token holders equity in the restructured business; that alone makes this filing worth watching.
Funding rounds, seed and Series raises, project token sales, grants, and bankruptcy events.
Storj is the fourth crypto firm in seven days to fail or wind down, and the only one offering token holders equity in the restructured business; that alone makes this filing worth watching.
The locked-token raise comes as the Altman-backed project pivots from network growth to enterprise integration, betting biometric verification becomes essential infrastructure as bots and deepfakes…
A one-year token lockup on every buyer mutes the supply overhang that normally drags a private WLD round, and Pantera and Bain joining tells readers the bid is from funds that price governance, not…
Once the largest mining pool on the Bitcoin network with 18-20% of global hashrate, Poolin now owes creditors roughly $173M while a single $52M offer for its West Texas sites is the main recovery on…
With $173M in prepetition obligations and a customer-withdrawal freeze from 2022 still unresolved, the stalking-horse bid opens a court-supervised auction that will set the recovery benchmark for…
BTC brushed off a sharp Nasdaq-led tech sell-off while ETH slipped 2%, and a multi-decade low in weekly jobless claims kept the macro tape stuck between risk-off headlines and a still-tight labor…
Seventeen major shutdowns and bankruptcies in the first stretch of 2026 carry a combined $8.9B in disclosed prior funding, a consolidation that is clearing out failed NFT venues alongside insolvent…
The threat is not breaking extant encryption, it is forging signatures on already-revealed keys, which makes a chain migration a multi-year engineering project that needs to start now.
The MOVE token hit an all-time low after Coinbase delisting, and the bankruptcy filing now shows the project holds under $1M in assets despite raising $38M just last year.
The rollout links election odds to polling, fundraising and news as Kalshi broadens its derivatives ambitions and seeks a valuation near $40B.
The on-chain record is brutal: $1 in fees in the past 24 hours, a fully diluted valuation down over 99% from peak, and a developer that raised nine figures while generating almost nothing.
The redirection pulls grant money away from broad academic research and concentrates it on AI, signalling a federal priority shift that universities and labs will feel immediately.
The extension lifts the round to $365M with the same flat $2B mark, a vote of confidence from Asian banking capital in the Canton network's institutional ambitions.
The claim is small relative to the $10M liability pile, but the optics matter: a co-founder terminated over a token-launch dump scandal now sits in the creditor queue alongside ordinary creditors.
Funding is small relative to the threat. The signal is that one of the largest Bitcoin-focused firms is treating post-quantum migration as a near-term engineering problem, not a research curiosity.
The bankruptcy caps a year of governance collapse for the Move-based Ethereum layer-2: a market-making deal dumped 66M MOVE tokens, Binance banned the counterparty, co-founder Rushi Manche split, and…
The raise lands at unicorn status for a startup positioning itself as the cross-rail bridge between stablecoins and traditional payment networks like Swift, ACH and SEPA.
Roughly 6.9 million BTC, worth about $461B at current prices, sits in legacy address formats that researchers say become recoverable once a sufficiently powerful quantum computer ships, giving the…
The 113-coin cohort is a graveyard with a median return of -95.7%, but HYPE and ONDO are the outliers proving the model can still work when it works.
Tiger Global led the $1B-valuation round, but the bet is on plumbing, not issuance: a federally chartered book that ties Fedwire settlement to programmable stablecoin rails.