Business

DeFi

VC Firm FinTech Collective Raises $250M to Support New DeFi Strategy

The funding round brings the firm’s total assets under management to over $500 million.

Business  ·  19 August 2021
BlockFi

Top NBA Pick Paid in Bitcoin for BlockFi Sponsorship Deal

Former Oklahoma State star Cade Cunningham's multi-year deal with the crypto lender includes a bitcoin signing bonus.

Business  ·  19 August 2021
Visa

Visa Adds Crypto Payments Startup Wyre to Its Fast Track Payments Program

Wyre’s push-to-debit program will now allow instant payouts of crypto holdings to users' bank accounts using the Visa debit cards.

Business  ·  19 August 2021
Governance

Custody Firm Anchorage Launches Governance Voting With DeFi Giant Aave

The Anchorage governance portal looks to boost institutional players’ DeFi involvement.

Business  ·  19 August 2021
DeFi

Galaxy Digital Launches DeFi Index Tracker Fund

Tracking the newly launched Bloomberg Galaxy DeFi Index, the fund is seeded by New Zealand’s NZ Funds.

Business  ·  19 August 2021
Crypto Custody

Crypto ETPs’ Fees Cost Up to 6 Times More Than Third-Party Custodians’

Research from custody firm Finoa finds it cheaper for big investors to just hold crypto.

Business  ·  19 August 2021
Robinhood

Robinhood’s Revenue From Cryptocurrency Trading Jumps to 41% of Total

The popular zero-commission trading exchange warned in its second-quarter earnings report its reliance on cryptocurrency trading, and on dogecoin in particular, was a potential risk.

Business  ·  18 August 2021
Gaming

Bitcoin Gets the ‘Pokémon Go’ Treatment in New Rewards App From Fold

The popular bitcoin rewards startup is going AR in a bid to make crypto fun for the masses.

Business  ·  18 August 2021
Bitcoin

How Much Energy Does Bitcoin Use?

Bitcoin uses less than half the energy the banking system consumes, according to recent data.

Business  ·  18 August 2021
Payments

MobileCoin Raises $66M to Build Out Privacy-Focused Payments Tech

The round, joined by Alameda Research, Coinbase Ventures and others, looks to put MobileCoin in more messaging apps.

Business  ·  18 August 2021
Crypto mining

BIT Mining Revenue Rises $440M in Q2, Thanks to BTC.com Acquisition

Previously an online sports lottery operator, BIT Mining said it has now completed its transformation into a crypto mining and data center company.

Business  ·  17 August 2021
DeFi

Ex-Goldman Sachs Traders Raise $4M for DeFi Risk Management Startup

Ondo Finance is looking to attract institutional investors to the world of DeFi lending.

Business  ·  17 August 2021
BitMEX

BitMEX, Deribit Tap Shyft Network for FATF ‘Travel Rule’ Solution

Shyft’s Veriscope product now boasts some 35 crypto service providers including Binance, Bitfinex, Tether and Huobi.

Business  ·  17 August 2021
Music Industry

Steve Aoki Has Secured Funding to Pilot His NFT TV Show

The crypto-forward DJ is creating a “proper pilot” episode of his experimental NFT TV show, “Dominion X.”

Business  ·  17 August 2021
Europe

Crypto Exchange Bitpanda Raises $263M at $4.1B Valuation

Crowned Austria’s first tech unicorn in March, the firm is now worth even more.

Business  ·  17 August 2021