currency
Will a weaker euro lead to greater US investment in European startups?
A strong dollar makes deals in Europe potentially cheaper for American investors and could make selling abroad more attractive to euro-denominated startups.
This crypto winter may be long, but builders remain bullish
Many of the top digital assets in the cryptocurrency market are down significantly, but some market participants are shrugging it off and focusing on the long game.
What’s more stable than Bitcoin or UST? AriZona Iced Tea
ICYMI, stablecoins are in deep shit right now, and the chaos that unfolded this week has thrown the entire crypto ecosystem into turmoil with over $400 billion in losses from just one coin alone. In t
Ex-Meta crypto chief David Marcus launches Bitcoin payments startup backed by a16z and Paradigm
After his departure from Facebook in November, many crypto industry insiders speculated where long-time executive David Marcus would land. Today, the former Messenger boss and Paypal executive offered
Of course, Netflix ordered a movie about the big crypto scandal
When news broke earlier this week that the Department of Justice had seized $3.6 billion of allegedly stolen bitcoin, we had some questions. What do these revelations mean about government interventio
Beijing court rules bitcoin mining contract ‘void’
As crypto investors widely know, China has declared all cryptocurrency transactions illegal and outlawed crypto mining activities. Lately, a court decision further reasserted the government’s at
Nigeria follows China’s footsteps in piloting digital currency
Central banks control the circulation and supply of money globally, but the phenomenal rise of cryptocurrency poses a threat to their authority, control and power. So central banks around the world ar
Sam Altman’s Worldcoin wants to scan eyeballs in exchange for crypto
As investors race to capitalize on surging interest in cryptocurrencies, startups are getting creative in how they onboard a generation of crypto users to their first wallets. Worldcoin is perhaps one
Crypto market takes a dive with Bitcoin leading the way
Cryptocurrency prices continued to tumble Friday with Bitcoin leading the charge, with prices for the internet currency dipping below $50,000 for the first time since early March. Bitcoin is down roug
Elon Musk declares you can now buy a Tesla with bitcoin in the US
Tesla made headlines earlier this year when it took out significant holdings in bitcoin, acquiring a roughly $1.5 billion stake at then-prices in early February. At the time, it also noted in an SEC f
Crypto social network BitClout arrives with a bevy of high-profile investors — and skeptics
While much of the recent wave of relentless hype around NFTs — or non-fungible tokens — has been most visibly manifested in high-dollar art auctions or digital trading cards sales, there&#
BlockFi lands a $350M Series D at a $3B valuation for its fast-growing crypto-lending platform
If there were any doubt about a cryptocurrency boom, we need look no further than at the explosion of growth of certain companies in the space. One such company is BlockFi, which today announced it ha
Cryptocurrency pioneer Diana Biggs joins digital assets startup Valour as its new CEO
Cryptocurrency pioneer and early Bitcoin thought-leader Diana Biggs has joined Swiss-based startup Valour, which lets investors easily buy digital assets through their bank or broker. The move is sign
With investors expecting a Latin American cryptocurrency boom, Mexico’s Bitso raises $62 million
Six years after the launch of the Mexico-based cryptocurrency exchange and financial services platform Bitso, the company revealed it has closed on $62 million in financing to capitalize on the crypto
Pegging Libra to just the $ could soothe regulators, a16z says
What if Libra wasn’t backed by a basket of international currencies, but only the dollar? Regulatory pushback to the Facebook-led cryptocurrency Libra has caused major partners — including
US Treasury just designated China as a currency manipulator, so expect more economic shocks
The U.S. Treasury has just taken the extraordinary step of designating China as a currency manipulator, something no administration has done since the days of Bill Clinton. With the action, the trade
VertoFX raises $2M for its African and EM currency trading platform
VertoFX, an Africa and emerging markets-focused currency trading and payment startup, has raised a $2.1 million seed round, led by Accelerated Digital Ventures. The London-based company, with a subsid
Bitcoin has surged above $8,000 and theories around why abound
Bitcoin is now trading at around $8,130, up a whopping 60.84% over the past month, with the price surging $3,086.14 over the period. The cryptocurrency’s meteoric rise is reminiscent of its rock
Starting with data centers, Carbon Relay is slashing energy costs and emissions using AI
Taiwanese technology giant Foxconn International is backing Carbon Relay, a Boston-based startup emerging from stealth today that’s harnessing the algorithms used by companies like Facebook and
Scammers are sending bomb scares to nab BTC
A new scam is making the rounds that promises to disrupt countless offices and schools. The scam is simple: the scammers send an email threatening to detonate a bomb if they don’t get a certain