Bitmain, Huobi, ConsenSys and Steemit are among the cryptocurrency startups to complete layoffs in the last month.
View More As Bitcoin sinks, industry startups are forced to cut backCategory: Cryptocurrency
Layer1 wants to thrive in the age of the crypto crash
A year ago, crypto was reaching ever new highs, and I was talking about whether ICOs would supplant the VC funding round and warning about Kim Jong Un’s crypto trading operations. And then the world turned upside down. Crypto prices are near rock-bottom prices, with Bitcoin hanging around $4,000 and Ethereum around $113, down from […]
View More Layer1 wants to thrive in the age of the crypto crashSpot is a cryptocurrency app to control all your wallets and exchange accounts
Meet Spot, a beautifully designed mobile app to control your cryptocurrencies. Spot looks like a portfolio-tracking app. But the company has built a strong foundation to add more features in the coming months. Spot wants to be your unique gateway to the world of cryptocurrencies. “Spot’s vision isn’t to build a portfolio tracker — we […]
View More Spot is a cryptocurrency app to control all your wallets and exchange accountsFacebook is reportedly planning its own stablecoin — here’s what you need to know
Facebook looks to be jumping on the blockchain wagon with plans to introduce its own stablecoin, according to a report from Bloomberg. The social network company — under fire for a seemingly constant stream of privacy snafus of late — created an internal blockchain division in May and, while there has been plenty of speculation, […]
View More Facebook is reportedly planning its own stablecoin — here’s what you need to knowFacebook is building a cryptocurrency to be used in WhatsApp, report says
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Facebook is working on a cryptocurrency that will let users of WhatsApp — the messaging service that the social network giant acquired in 2014 — send and receive money, Bloomberg reported Friday, citing people familiar with the matter.
The initial focus of this effort would be the remittances market in India, the report says, and the cryptocurrency would be a stablecoin — a special type of cryptocoin which has its value pegged to some real world asset, such as the U.S. dollar.
According to the report, this stablecoin might not launch for quite some time, as Facebook hasn’t yet decided on key aspects, including the currency or currencies the stablecoin would be pegged to. Read more…
More about Facebook, Whatsapp, Blockchain, Cryptocurrency, and Stablecoin
Coinbase’s Earn.com becomes a crypto webinar with crypto rewards
Coinbase acquired Earn.com for at least $120 million back in April. And the company now plans to transform Earn.com into Coinbase Earn, a website with educational content to learn more about cryptocurrencies. Users who complete those classes will earn tokens. Coinbase bought Earn.com partly so that it could appoint Earn.com co-founder and CEO Balaji Srinivasan […]
View More Coinbase’s Earn.com becomes a crypto webinar with crypto rewardsCoinbase lets you convert one cryptocurrency into another
It’s hard to believe that you still had to convert your BTC into USD in order to buy ETH on Coinbase. The company is finally adding direct cryptocurrency-to-cryptocurrency conversions. The feature works with Bitcoin (BTC), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), 0x (ZRX) and Bitcoin Cash (BCH). It is only available to U.S. customers […]
View More Coinbase lets you convert one cryptocurrency into anotherAbacus raises $2 million to help startups and investors manage tokenized liquidity programs
For the crypto market to become attractive to institutional investors, companies and their investors need to ensure that tokenized securities — digital assets subject to federal security regulations — can be as easily tracked and traded and exchanged as traditional stock shares. Abacus, a young company that passed through Y Combinator this past summer, thinks […]
View More Abacus raises $2 million to help startups and investors manage tokenized liquidity programs2018 was crypto’s year of reckoning, but there’s hope ahead
2018 has been a tough year for cryptocurrencies.
As I write these lines, the prices of major cryptocurrencies such as Bitcoin, XRP, and Ethereum are the lowest they’ve been in over a year. The price decline, which started roughly in January, ha…
Basis, backed with $133 million from top VCs to build a price-stable cryptocurrency, says it’s shutting down and returning the money
Earlier this year, we told you about a now 18-month-old, Hoboken, N.J.-based cryptocurrency startup working on a “stable coin” whose elastic supply would ostensibly expand and contract to keep its value at about a dollar instead of all over the map. The company’s big idea: to develop a new token that people would actually use, […]
View More Basis, backed with $133 million from top VCs to build a price-stable cryptocurrency, says it’s shutting down and returning the moneyAfter losing half its value, Nvidia faces reckoning
Nvidia is a company that has reached the highest highs and the lowest lows, all in the span of a couple of weeks. TechCrunch is experimenting with new content forms. This is a rough draft of something new – provide your feedback directly to the author (Danny at danny@techcrunch.com) if you like or hate something […]
View More After losing half its value, Nvidia faces reckoningCoinbase abandons its cautious approach with plan to list up to 30 new cryptocurrencies
Coinbase is the most conservative exchange in cryptoland, largely because it operates in the U.S. under the watchful eye of the SEC. The $8 billion-valued company trades fewer than ten cryptocurrencies to consumers but on Friday announced it announced a major expansion that could see it list up to 30 new tokens. The company said it is […]
View More Coinbase abandons its cautious approach with plan to list up to 30 new cryptocurrencies