Japanese crypto exchange Coincheck, made famously after hackers made off with more than $400 million in digital token NEM, has been acquired. The company announced today (in Japanese) that Tokyo-based online brokerage Monex Group will buy it in full. The transaction will see Coincheck become a wholly owned subsidiary of Monex. The deal is a reaction of the […]
View More Crypto exchange Coincheck, still recovering from $400M hack, sold to online brokerageCategory: crypto
Refugee charity turns to crypto with $1M donation from Ethereum’s founder and OmiseGo
The crypto industry is often criticized from the outline for creating wealth that exists only in digital form, is unstable and driven by greed. That’s why a new charity initiative from top figures inside the Ethereum community might make a few non-believers sit up for a moment. GiveDirectly, a charity that provides no-strings-attached grants to […]
View More Refugee charity turns to crypto with $1M donation from Ethereum’s founder and OmiseGoBen is a chatbot that lets you learn about and buy Bitcoin
It’s generally a given that whenever a new technology takes off people rush into the space to build everything under the sun, and eventually natural selection kicks in and only the truly useful remain. For example, chatbots became trendy last year and we quickly began seeing chatbots for weather, movie recommendations, personal finance, etc. Some of […]
View More Ben is a chatbot that lets you learn about and buy BitcoinStrix Leviathan raises $1.625M for its enterprise crypto trading platform
Seattle-based Strix Leviathan, an enterprise trading and management platform for crypto assets founded by startup vet Jesse Proudman, today announced that it has raised a $1.625 million seed round led by Joe Montana’s Liquid 2 Ventures (yes, that Joe Montana). Other investors include Founders’ Co-op, Future\Perfect Ventures and 9Mile Labs, as well as angel investors like Chris […]
View More Strix Leviathan raises $1.625M for its enterprise crypto trading platformCrypto author Paul Vigna talks about the future of token sales
Paul Vigna, along with his writing partner Michael Casey, are crypto gurus. A crypto critic and Wall Street Journal reporter, Vigna sees through the hype and looks for the value inherent in the crypto system. Vigna and I spoke during this, the 10…
View More Crypto author Paul Vigna talks about the future of token salesSEC says cryptocurrency exchanges are an unregulated mess
The U.S. Securities and Exchange Commission has issued a warning on cryptocurrency exchanges. The SEC says that many exchanges are currently unregulated and can do whatever they want with your money. As an investor, you should be extremely carefu…
View More SEC says cryptocurrency exchanges are an unregulated messCoinbase is launching its own cryptocurrency index fund
When you’re the runaway leader in a growing industry, you typically have two opinions: A) Stay in your lane and let other companies pop up to solve the industry’s problems, or B) Try to offer as many products as possible and own the entire customer experience from A-Z (no Amazon pun intended). If there’s any doubt which option Coinbase is gunning for, that’s now gone. Read More
Coinbase has hired LinkedIn’s M&A boss to spearhead new acquisitions
Coinbase is continuing its executive hiring spree as the company has announced that Emilie Choi is joining Coinbase as Vice President of Corporate and Business Development.
Choi comes from LinkedIn where she was Vice President of Corporate Development and oversaw a total of 40 M&A-related transactions. Prior to that she worked in business development roles at both Warner Brothers and… Read More
The SEC is reportedly investigating a number of ICOs
The SEC is getting up close and personal with companies that have raised ICOs, according to a new report. Citing sources, the Wall Street Journal is reporting that the commission has “issued dozens of subpoenas and information requests” to tech companies that have held token sales and a number of advisors associated with them. More specifically, it appears that the SEC is… Read More
Telegram has raised an initial $850M for its billion-dollar ICO
It looks like Telegram’s billion-dollar ICO has reached its first milestone after the chat app company raised an initial $850 million, according to a filing. A document submitted to the SEC earlier this week states that the money was raised “for the development of the TON Blockchain, the development and maintenance of Telegram Messenger and the other purposes.” The security… Read More
Visa confirms Coinbase wasn’t at fault for overcharging users
Yesterday, we wrote that Coinbase customers were being charged multiple times for past transactions. While some speculated that the erroneous withdraws were down to a Coinbase engineering issue, Coinbase issued a statement saying it wasn’t liable for the duplicate charges. The blame, instead, rested with Visa for the way it handled a migration of merchant categories for… Read More
CoinTracker will keep track of your crypto as you transfer it between wallets and exchanges
It’s no secret that the cryptocurrency market cap has grown faster than the broader crypto industry. This means that the options for tools to help hold, track and manage your cryptocurrency are still pretty slim. CoinTracker is one of the recently launched startups trying to help. Part of YC’s Winter ’18 class, it’s a platform to track your crypto across all… Read More