Crypto visa card company Monaco just spent millions to buy Crypto.com

Highly-prized domain name Crypto.com has been sold! Registered in 1993 by Matt Blaze, a professor of computer and information science at the University of Pennsylvania who sits on the board of directors of the Tor Project, the domain has attracted a vast amount of interest as you’d expect given the explosion of crypto in recent years. However, Blaze […]

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Chat app Line to launch crypto exchange in July but it won’t cover US or Japan

Messaging app firm Line has confirmed it will launch a cryptocurrency exchange called BitBox next month. The company said back in January that it planned to enter the crypto space with an exchange, but today it said that the BitBox service won’t be available for users in the U.S. and Japan — that’s presumably down […]

View More Chat app Line to launch crypto exchange in July but it won’t cover US or Japan

Andreessen Horowitz has a new crypto fund — and its first female general partner is running it with Chris Dixon

Silicon Valley powerhouse Andreessen Horowitz has some big, and bigger, news today. First, it closed a dedicated crypto fund late last week from a subset of its limited partners, who’ve provided the firm with $300 million in capital commitments. The fund had become the worst-kept secret in the venture industry, largely because so many other […]

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Korean crypto exchange Bithumb says it lost over $30M following a hack

Just weeks after Korean crypto exchange Coinrail lost $40 million through an alleged hack, another in the crypto-mad country — Bithumb — has claimed hackers made off with over $30 million in cryptocurrency. Coinrail may be one of Korea’s smaller exchanges, but Bithumb is far larger. The exchange is one of the world’s top ten […]

View More Korean crypto exchange Bithumb says it lost over $30M following a hack

Coinbase opens its crypto index fund to accredited U.S. investors

Fresh from revealing plans to add Ethereum Classic to its exchange, crypto giant Coinbase today announced that its cryptocurrency index fund — first revealed in March — is open to investors in the U.S.. The company said in a blog post that it has see “overwhelming” interest from investors, and now it is reaching out to […]

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Binance, the world’s largest crypto exchange, plans $1 billion investment fund

The upstarts of crypto aren’t just aiming to disrupt the startup status quo, some are rivaling traditional venture capital investors, too. That’s particularly evident today after Binance, the world’s largest crypto exchange based on daily trade volumes, announced a $1 billion fund to back blockchain and crypto startups. The ‘Community Influence’ fund, which will be denominated in […]

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Coinbase goes after Wall Street with new services for institutional investors

Coinbase is courting Wall Street after it announced plans to launch a range of new services aimed at institutional investors, who are finally beginning to embrace crypto. The main new arrival is Coinbase Custody, a service first announced last year that provides specialist level services to allow institutions to hold bitcoin and other crypto with Coinbase. Right now, […]

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VC firm SparkLabs launches a security token to let anyone invest in its accelerator programs

Ardent crypto enthusiasts believe ICOs and cryptocurrencies will replace venture capital, but what if VC investors absorb crypto into their existing operations? That’s the thesis that SparkLabs, a U.S.-Korean firm that runs multiple global funds and early-stage accelerator programs, is putting to the test with the introduction of a security token today. The firm said it […]

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Telegram’s billion-dollar ICO has become a mess

Telegram’s ICO was supposed to be a record-breaker to develop a platform that brings the decentralized internet to life. Instead, it has become a mess with the tightly-controlled fundraising process in disarray as early backers sell their tokens for handsome returns. The company recently canceled the public sale piece of its ICO, the Wall Street Journal […]

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Popular crypto wallet MEW hit by DNS attack that drained some users’ accounts

There is concern, tears and lost money in the world of crypto once again after MyEtherWallet (MEW), one of the most popular wallets on the internet, was hit by a DNS hack that saw some users lose their cryptocurrency. MEW said in a statement that “a couple of Domain Name System registration servers were hijacked […]

View More Popular crypto wallet MEW hit by DNS attack that drained some users’ accounts

Andreessen Horowitz is planning to launch a dedicated crypto fund

The SEC may be firing off subpoenas to crypto investment funds and ICO projects left, right and center — apparently over 80 — but that isn’t stopping Andreessen Horowitz, the influential Silicon Valley firm known as A16z, from starting its own crypto-based fund. The rumor has been going around for a while — not a huge surprise […]

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CoinTracker raises $1.5M to make tracking crypto investments easy for anyone

It’s April, that means tax returns for people in the U.S. very soon. Given the breakout year that crypto had in 2017 — despite prices cooling down in recent months — and well-intended individuals might be thinking about whether to file taxes based on gains they enjoyed from bitcoin or other cryptocurrencies. It’s good timing, then, […]

View More CoinTracker raises $1.5M to make tracking crypto investments easy for anyone