Cryptocurrency

Shopify allows merchants to sell NFTs directly through their storefronts

The NBA’s Chicago Bulls launched its first-ever NFTs –– including digital artwork of NBA championship rings –– by launching an online store on Shopify.

Crypto infra startup Fireblocks raises $310M, triples valuation to $2.2B

The latest financing brings Fireblocks’ total raised since its 2018 inception to $489 million. The valuation boost correlates with its increase in customers and ARR this year.

Jack Dorsey says bitcoin will be a big part of Twitter’s future

Twitter CEO Jack Dorsey confirmed to investors that bitcoin will be a “big part” of the company’s future, as he sees opportunities to integrate the cryptocurrency into existing Twitt

India considering phased roll out of central bank digital currency

India’s central bank is considering launching a digital currency, according to a top executive, giving a clear indication of its intentions for the first time after previously stating that it was st

DraftKings shares plans for launch of NFT collectibles marketplace

DraftKings is charging into the NFT game, announcing a marketplace aimed at curating sports and entertainment-themed digital collectibles for its audience of enthusiasts. The platform is “debuti

Upgrade launches a credit card with bitcoin rewards

Fintech startup Upgrade is launching a new credit card today. The Upgrade Bitcoin Rewards Card is a classic Visa credit card that works across the Visa network. But you get 1.5% in bitcoin rewards whe

Pillar VC closes $192M for two funds targeting SaaS, crypto, biotech, manufacturing

As its name suggests, venture firm Pillar VC is focused on building "pillar" companies in Boston and across the Northeast.

NFT market OpenSea hits $1.5 billion valuation

It’s been a wild 2021 for NFT auction marketplace OpenSea. The startup was exceedingly well positioned in a niche space when NFTs exploded earlier this year, seemingly out of nowhere. Since then

What we learned from selling a blockchain service to African governments

Africa is a smaller addressable market. If you’re looking to pitch a product or service to governments, it’s helpful to keep in mind that your first customer might be from a smaller country.

Crypto investors like Terraform Labs so much, they’re committing $150 million to its ‘ecosystem’

There are many blockchain platforms competing for investors’ and developers’ attention right now, from the big daddy of them all, Ethereum, to so-called “Ethereum Killers” like

Nym gets $6M for its anonymous overlay mixnet to sell privacy as a service

Switzerland-based privacy startup Nym Technologies has raised $6 million, which is being loosely pegged as a Series A round. Earlier raises included a $2.5 million seed round in 2019. The founders als

Crypto startup Phantom banks funding from Andreessen Horowitz to scale its multichain wallet

While retail investors grew more comfortable buying cryptocurrencies like Bitcoin and Ethereum in 2021, the decentralized application world still has a lot of work to do when it comes to onboarding a

Circle is a good example of why SPACs can be useful

Circle is the sort of business that is correct for a SPAC-led debut. It could not go public in a traditional manner in its current state of maturity.

Cryptocurrency company Circle to go public in SPAC deal

Circle has announced that it plans to become a public company. The cryptocurrency company will merge with Concord Acquisition Corp, a SPAC. Circle is better known as one of the founding members of the

DeFi investor platform Zerion raises $8.2 million Series A

While crypto exchanges have demystified some of the largest cryptocurrencies for retail investors, many of the intricacies of decentralized finance are still lost on even more savvy investors as a res

Acrylic raises debut $55M solo GP fund to paint the future of crypto

It’s been quite the year for crypto capital, what with Coinbase’s blockbuster debut earlier this year in a direct listing and A16Z raising $2.2 billion for its third crypto-focused fund. But as th

Mercado Bitcoin, Brazil’s first crypto exchange, raises $200M from SoftBank

Mercado Bitcoin, a Latin American digital assets exchange, has raised $200 million in Series B funding from the SoftBank Latin America Fund. The round values 2TM Group, Mercado Bitcoin’s non-operati

Twitter is making NFTs now, apparently

No, it’s not April Fool’s Day. But Twitter’s entire account has been taken over by NFTs. As its new header reads: “I’ve stopped moisturizing because tweeting about NFTs i

Nansen raises $12M from a16z to help investors make sense of crypto markets

While the ambitions of crypto investors have swelled even faster than the market has in recent months, institutional players have had a mountain of blockchain data to try to make sense of without part

Mercuryo raises $7.5M for crypto-focused, cross-border payments after crossing $50M in ARR

Mercuryo, a startup that has built a cross-border payments network, has raised $7.5 million in a Series A round of funding. The London-based company describes itself as “a crypto infrastructure comp
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