Social investment platform eToro acquires smart contract startup Firmo

Social investing and trading platform eToro announced that it has acquired Danish smart contract infrastructure provider Firmo for an undisclosed purchase price. Firmo’s platform enables exchanges to execute smart financial contracts across various assets, including crypto derivatives, and across all major blockchains. Firmo founder and CEO Dr. Omri Ross described the company’s mission as “…enabl[ing] our […]

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Japanese internet giant Recruit has a new $25M blockchain fund

Crypto market prices may be down significantly, but new investors continue to enter the blockchain space. The latest is Recruit Holdings, the $45 billion Japanese internet giant that owns Glassdoor among other things, which quietly launched a $25 million fund. The fund is based out of Singapore and it closed in November 2018, but its […]

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Coinbase buys blockchain intelligence startup to boost security and new asset discovery

Coinbase, the world’s most valuable crypto company, is gearing up to add more cryptocurrencies to its exchange thanks to its latest acquisition. We already know the firm wants to a glut of new crypto assets, but today it announced it has snapped up blockchain intelligence startup Neutrino in an undisclosed deal that seemed destined to […]

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Atrium, Justin Kan’s legal tech startup, launches a fintech and blockchain division

Atrium, the legal startup co-founded by Justin Kan of Twitch fame, is jumping into the blockchain space today. The company has raised plenty of money — including $65 million from a16z last September — so rather than an ICO or token sale, this is a consultancy business. Atrium uses machine learning to digitize legal documents and develop applications […]

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Steemit, crypto’s answer to Reddit, gets a new boss to rebuild after widespread layoffs

Steemit, an early blockchain startup that’s developing an alternative to Reddit, has a new chief less than two months after laying off most of its staff as part of cost-cutting measures. Celebrated as an early success story in the crypto world, the company shed 70 percent of its employees back in November on account of […]

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Digital Garage teams up with Blockstream to develop blockchain financial services in Japan

The global crypto market may have tanked last year, but notable names have joined forces to develop Bitcoin and blockchain financial services in Japan, which has emerged as one of the world’s most crypto-friendly markets. Blockstream, a blockchain startup founded by Bitcoin contributors, announced this week that it has launched a joint venture in Japan […]

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NYSE operator’s crypto project Bakkt brings in $182M

Venture capitalists remain bullish on Bitcoin and its underlying technology despite sinking crypto prices.

View More NYSE operator’s crypto project Bakkt brings in $182M

Feds like cryptocurrencies and blockchain tech and so should antitrust agencies

Thibault Schrepel Contributor Share on Twitter Thibault Schrepel is an Assistant Professor in the Department of Public Economic Law at Utrecht University and a reviewer at the Stanford Journal of Blockchain Law & Policy. While statements and position papers from most central banks were generally skeptical of cryptocurrencies, the times may be changing. Earlier this […]

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Coinbase and others invest $12.75M in project to create ‘digital security offerings’

Coinbase, the $8 billion crypto exchange giant, is one of a bevy of big-name crypto investors backing a project aimed to revolutionize the U.S. securities industry using blockchain technology. Brian Armstrong, Coinbase CEO, told the audience at TechCrunch’s Disrupt event in San Francisco this past September that his company intends to be the de facto marketplace […]

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Blockchain media startup Civil is issuing full refunds to all buyers of its cryptocurrency

Many doubted The Civil Media Company’s ambitious plan to sell $8 million worth of its cryptocurrency, called CVL. The skeptics, as it turns out, were right.

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SpankChain spanked

SpankChain, a cryptocurrency aimed at decentralized sex cams, has announced that a hacker stole about $38,000 from their payment channel thanks to a broken smart contract. They wrote: At 6pm PST Saturday, an unknown attacker drained 165.38 ETH (~$38,000) from our payment channel smart contract which also resulted in $4,000 worth of BOOTY on the […]

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FINRA takes down an unregistered cryptocurrency security

FINRA, the non-profit organization that tasks itself with policing the securities industry, is charging Timothy Tilton Ayre of Agawam, Massachusetts with fraud and unlawful distribution of unregistered cryptocurrency securities. Ayre claimed that users could buy equity in his company, Rocky Mountain Ayre, Inc., buy purchasing HempCoin, a cryptocurrency. From the release: In the complaint, FINRA […]

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