Cryptocurrency investment app provider Donut has raised $1.8 million in a seed funding round. The Germany-based startup told CoinDesk on Thursday that the round was led by early-stage venture capital firm Redalpine. Other investors included technology venture funds EarlyBlock and…
Tag: Startups
Crypto Finance Startup Circle Seeking Further $250 Million in Funding: Report
Crypto finance startup Circle Internet Financial is reportedly looking to raise a further $250 million in funding. A report from The Information on Saturday, citing a source with knowledge of the matter, said that Circle is seeking to raise the…
There’s No Crypto Winter in Argentina, Where Startups Ramp Up to Meet Demand
While bitcoin advocates point to politically fraught Venezuela as a prime example of crypto adoption, they often overlook the more business-friendly hub a bit farther south. Since Argentina has a sordid history of banks restricting customer access, plus an inflation…
Pantera Has Already Raised $125 Million for Its Third Crypto Fund
Crypto-focused venture firm Pantera Capital has secured the bulk of its new $175 million fund ahead of an expected March closing, CoinDesk has learned. According to a slide deck obtained by CoinDesk, $125 million is currently committed to the fund, which…
Employees Say Startup Civil Hyped Crypto Returns, But Failed to Pay
Civil was supposed to create a more transparent and democratic model for journalism. But so far, journalists working on its platform have yet to receive all of the compensation they say they were promised when hired. According to several current…
After Friday’s SEC Actions, Experts Say ICO Party ‘Is Truly Over’
The U.S. Securities and Exchange Commission (SEC) has compelled two crypto startups to register their token sales as securities offerings. It’s the first time the SEC has pursued such an action without additional charges of fraud. In a pair of…
Sexual Assault Survivor Uses Crypto to Crowdfund Anonymously
A new use case is emerging for cryptocurrency: helping women who’ve suffered sexual harassment or assault gain financial independence while also protecting their privacy. Case in point, a sexual assault survivor used the crypto-powered payment processor Seeds to crowdfund $500…
New Stablecoin Tied to Australian Dollar Is Launching on Stellar’s Blockchain
A new stablecoin is launching on the Stellar blockchain that’s designed to hold its value with the Australian dollar (AUD) and is being pitched for consumer and business uses. Announced Tuesday at the Money 20/20 conference in Las Vegas, Novatti Group,…
Mining Giant Bitmain Acquires Bitcoin Cash Wallet Startup
Crypto mining behemoth Bitmain announced Monday it has acquired the startup behind an open-source bitcoin cash wallet called Telescope. The browser-based wallet was launched earlier this year in an effort to enable instant bitcoin cash transactions. At present, Telescope can…
Ripple Event Reveal: 3 Companies Are Now Using XRP for Real Payments
After a series of highly-publicized pilots, three companies are now making commercial use of Ripple’s xRapid product. XRapid employs the digital asset XRP, using it as a “bridge currency” in cross-border payments, which according to the company, reduces the cost…