Business

Wallets

A16z Leads $20M Bet That Celo’s Valora Becomes a ‘Global Gateway to Crypto’

The digital wallet has been spun out of parent company cLabs with some fresh funding.

Business  ·  27 July 2021
Payments

Dash Launches Retail-Focused DashDirect App to Boost Adoption

The app allows users to pay for everyday purchases at national chain retailers with their DASH holdings.

Business  ·  27 July 2021
Binance

Binance’s CZ Is Looking for His Replacement as Exchange Gets Regulatory House in Order

“We are looking for someone with a strong regulatory background to step in and be CEO,” Changpeng Zhao said at a press conference Tuesday.

Business  ·  27 July 2021
Russia

Russia’s Telecom Giant MTS Invests $11.7M in Blockchain Trade-Finance Service

MTS bought 51% of Factorin, a Russia-based trade-finance service.

Business  ·  27 July 2021
Visa

Mastercard Adds a Crypto Track to Its Incubator Program

The program may rival Visa’s Fast Track initiative for crypto startups.

Business  ·  27 July 2021
Solana

Hedgehog Markets Raises $3.5M in Funding Round

The company is testing what will be the first predictions platform on Solana's blockchain.

Business  ·  27 July 2021
Funding Rounds

Crypto Fintech Eco Raises $60M for High-Yield USDC Savings App

The a16z-backed Eco, which loans out users’ deposits in USDC, says it’s keeping an eye on the BlockFi case.

Business  ·  27 July 2021
DeFi

DeFi Insurance Platform Tidal Finance Goes Live on Polygon

Launch partners include StaFi, Xend Finance, Marlin, EasyFi and bZx.

Business  ·  27 July 2021
NFTs

AS Roma Football Club Signs $42M Deal With Blockchain Fintech Zytara Labs

The soccer team's famous red and yellow shirts will bear the branding of the DigitalBits blockchain, whose foundation is supporting the partnership.

Business  ·  27 July 2021
Funding Rounds

Crypto Custody Firm Fireblocks Raises $310M at $2B Valuation

“It was very important for us to show the customers that we have the balance sheet and valuation to stay independent.”

Business  ·  27 July 2021
Bitcoin

Amazon: No, We Have No Plans to Accept Bitcoin Payments

"The speculation that has ensued around our specific plans for cryptocurrencies is not true," a spokesperson said.

Business  ·  26 July 2021
DeFi

Some of DeFi’s Leading Investors Are Backing a New Options Protocol

Framework Ventures and ParaFi Capital are leading the round in a bid to see if DeFi options trading can finally click.

Business  ·  26 July 2021
ATMs

Crypto ATM Installations Have Increased Over 70% This Year

The growth compares with a jump of almost 120% for all 2020, according to data from Coin ATM Radar.

Business  ·  26 July 2021
Ethereum

Vitalik Buterin Joins Cast of ‘Stoner Cats,’ Mila Kunis’ New Animated NFT Show

Ethereum’s founder will voice a taxidermied cat named Catsington.

Business  ·  25 July 2021