Coinbase announces USDC Bootstrap Fund to support DeFi projects – gpgmail

[ad_1] Coinbase is announcing a new initiative called the USDC Bootstrap Fund. As the name suggests, the company wants to support developers with a fund composed of USDC tokens. DeFi, or Decentralized Finance, is a recent trend in the blockchain space. DeFi projects are traditional financial products that you’d expect from a traditional bank, such […]

Elliptic banks $23M to shrink crypto risk, eyeing growth in Asia – gpgmail

[ad_1] Crypto means risk. To UK company Elliptic it also means business. The startup has just closed a $23M Series B to step up growth for a crypto risk-management play that involves selling tech and services to help others navigate the choppy darks of cryptocurrencies. The round was led by financial services and asset management […]

Overstock CEO resigns after ‘deep state’ comments – gpgmail

[ad_1] Overstock .com announced today that CEO Patrick Byrne has resigned from his role as chief executive and board member. Another board member, Jonathan Johnson, will be taking over as Overstock’s interim CEO. This follows the company’s eyebrow-raising press release earlier this month titled “Overstock.com CEO Comments on Deep State, Withholds Further Comment,” in which […]

Blade raises $4.3M from Coinbase, SV Angel to reshape cryptocurrency derivatives trading – gpgmail

[ad_1] Exchanges like Coinbase have ballooned in size by taking the mechanics of equity markets and fitting them to cryptocurrency markets, but as the space expands in its scope and craftiness, new exchanges trading asset classes native to cryptocurrency are taking off and attracting the attention of top Silicon Valley VCs. Oh, and Coinbase, too. […]

In a 130-page court filing, Kik claims the SEC’s lawsuit “twists” the facts about its online token – gpgmail

[ad_1] CEO Ted Livingston of Kik Kik Interactive has hit back at the Securities and Exchange Commission lawsuit that claims a $100 million token sale was illegal. The company, which owns Kik Messenger, filed a 130-page response today in U.S. District Court for the Southern District of New York, alleging that the SEC is “twisting” […]

BlockFi, which lends money to cryptocurrency holders, just raised $18.3 million led by Valar Ventures – gpgmail

[ad_1] Last year, we told you about a New York-based startup that had begun lending cold, hard, cash to cryptocurrency holders who don’t want to offload their holdings but also don’t necessarily want so much of their assets tied up in cryptocurrencies. Today, that two-year-old company, BlockFi, is announcing $18.3 million in Series A funding […]

Apple Card can’t be used to buy crypto – gpgmail

[ad_1] Cryptocurrency fans who were hoping to use Apple’s forthcoming credit card to splash on coin are out of luck. You also won’t be able to use the Apple Card to buy lottery tickets, casino gambling chips in any form, physical or virtual, or foreign currency or travelers checks. Reuters spotted the detail in a […]

Blockchain (the company) launches an exchange (The Pit) – gpgmail

[ad_1] The company called Blockchain is mostly known for its cryptocurrency wallet. Today, the company is also launching an exchange so that you can buy and sell cryptocurrencies without going through a third-party exchange. The company’s exchange is called The Pit and is focused on mainstream adoption and ease of use. It is available in […]