Radar Relay Raises $10 Million for Decentralized Token Exchange
Decentralized trading platform Radar Relay closed a $10 million Series A funding round led by Blockchain Capital, the startup announced Wednesday.
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Arbitrum Token Sets Record High as Value Locked Crosses $2.5B
Arbitrum’s ARB token neared $2 on Wednesday to set a record high and total value locked (TVL) topped $2.5 billion as traders seemingly trickled to the network in anticipation of it driving the next wave of gains in the crypto market.The price has climbed some 10% in the past 24 hours, beating the broader crypto
This Tech Lets You Send Any Cryptocurrency to the Lightning Network
Did you know? Lightning addresses and bitcoin addresses are not compatible. What that means is that a user can't send money from their lightning address directly to a recipient bitcoin address, or vice versa, without going through an additional step to transferring their lightning funds into a bitcoin account of their own. Seems counterintuitive, especially since…
Circle Eyes Crypto Securities Bid With Crowdfunding Site Acquisition
Crypto company Circle is reportedly moving to acquire SeedInvest, a crowdfunding platform for startups. Bloomberg reported Friday that Circle's acquisition will – if approved by regulators – open to the door to allowing startups to raise funds by selling digital tokens via its platform. The move would also expand the Circle team by 30 employees,…
NFL Quarterback Trevor Lawrence and Two YouTube Influencers Settle FTX Case
As Sam Bankman-Fried prepares for a trial defense in Manhattan next month, three celebrity promoters of his failed FTX cryptocurrency exchange have opted to settle the case, according to court filings.NFL team Jacksonville Jaguars' quarterback Trevor Lawrence and YouTube influencers Kevin Paffrath and Tom Nash agreed to settle the case on undisclosed terms. The final
Binance’s CZ and the End of the ‘Borderless’ Crypto Company
Tuesday marks the end of an era. Binance's Changpeng Zhao stepped down and pleaded guilty to violating U.S. anti-money laundering requirements, despite the fact that Binance was never a U.S. exchange. With that, the myth of “borderless” crypto companies is truly over.To be sure, this is not the first time that U.S. law enforcement nailed
Andreessen Horowitz Doubles Down on Crypto Investments With New $515M Fund
Apr 30, 2020 at 18:40 UTCUpdated Apr 30, 2020 at 18:43 UTCMarc Andressen, one of a16z's cofounders, recently wrote a blog post titled 'It's Time to Build." (Credit: Joi / Wikimedia Commons)Andreessen Horowitz's (a16z) second crypto fund shows the venture capital firm is targeting specific areas to invest in the cryptocurrency space.The company said Thursday…
Voyager CEO Says Revenue Growth Accelerates 8-Fold as DeFi Trading Surges
Sep 25, 2020 at 16:22 UTCVoyager Digital CEO Steve Ehrlich. (CoinDesk)The super-charged trajectory of the cryptocurrency industry is translating to faster growth at the publicly traded digital-asset brokerage Voyager Digital, where revenue this quarter is tracking at an eightfold increase over the prior 12 months’ average pace. Voyager CEO Steve Ehrlich told CoinDesk in a Zoom…
BitMEX Exchange Exposes User Base in Email Mishap
news If you have an account with crypto derivatives exchange BitMEX, there’s never been a better time to update your security preferences. On Friday at 08:00 UTC, BitMEX alerted its clientele via blog and Twitter that it had accidentally revealed all of its users’ emails via carbon copy (CC). So, if you have an account…