Jack Maller’s Strike Raises $80M ; Crypto Executives Step Down

Jack maller's strike raises $80m ; crypto executives step down

CoinDesk published this video item, entitled “Jack Maller’s Strike Raises $80M ; Crypto Executives Step Down” – below is their description.

Strike, a Chicago-based bitcoin payment provider run by crypto entrepreneur Jack Mallers, raised $80 million in a Series B funding round led by Ten31. Crypto billionaire Jihan Wu, founder of bitcoin mining rig maker Bitmain, is reportedly setting up a $250 million fund to buy distressed assets from mining firms. Crypto executives from Celsius, Kraken and FTX.US step down from their roles.

CoinDesk YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

About This Source - CoinDesk

CoinDesk is a news site specializing in bitcoin and digital currencies. The site was founded by Shakil Khan and was subsequently acquired by Digital Currency Group.

Recent from CoinDesk:

Bitcoin Holds Firm Over $16K After Dipping to 2-Year Low This Week

Digital Asset Investment Outlooks in the Turbulent Market

Bankman-Fried Apologizes to FTX Employees, Details Amount of Leverage in Internal Letter

In This Story: Bitcoin

Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.

4 Recent Items: Bitcoin

FTX collapse is ‘wreaking havoc’ on this industry: Bitcoin Foundation Chairman

The Bitcoin bubble has burst but that doesn’t necessarily spell the end of Crypto | Alan Kohler

Bitcoin Holds Firm Over $16K After Dipping to 2-Year Low This Week

Bitcoin still makes sense for some investors, says Fundstrat’s Tom Lee

In This Story: Chicago

Chicago, on Lake Michigan in Illinois, is among the largest cities in the U.S.

2 Recent Items: Chicago

Canadiens @ Blackhawks 11/25 | NHL Highlights 2022

Suzuki roofs it

In This Story: FTX

FTT is the native cryptocurrency token of the crypto derivatives trading platform FTX that launched on May 8, 2019.

1 Recent Items: FTX

FTX collapse is ‘wreaking havoc’ on this industry: Bitcoin Foundation Chairman

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.