PayPal crypto partner Paxos raises $300M
The new funding round included PayPal Ventures, Declaration Partners, Mithril Capital and Senator Investment Group. Go to Source Powered by WPeMatico
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Tim Draper-backed crypto derivatives exchange raises $18M
Globe Derivative Exchange prepares to launch its platform next month by raising $18 million for a token sale. Go to Source Powered by WPeMatico
Early Tesla investor Baillie Gifford invests $100M in Blockchain.com
Big tech investor Baillie Gifford has backed the largest single investment in major crypto wallet service Blockchain.com. Go to Source Powered by WPeMatico
Bitcoin price drops to $52K, liquidating almost $10B
Fears of regulatory moves come as a brief hash rate crash from a Chinese power blackout already begins to rebound. Go to Source Powered by WPeMatico
The Money Roundup: Making Cents of Blockchain Fundraising News
From crypto trading to defi, the most exciting areas in blockchain fintech development and innovation are attracting serious investments from all industry corners. To introduce more tools and complementary services to the ecosystem, the recipients of these capital allocations are endeavoring to promote greater adoption by removing many existing participation obstacles and taking a more … Read more
NYDIG raises $100 million and launches ‘Bitcoin-powered’ insurance initiative
The investment services firm said its new global head of insurance solutions would be spearheading the effort. Go to Source Powered by WPeMatico
Crypto industry got more funding in Q1 2021 than all of last year: report
Three companies in the crypto and blockchain industry have already raised $1.1 billion this year. Go to Source Powered by WPeMatico
Bitcoin flash crashes by $2K in 5 minutes, liquidating $600M in longs
A flash crash on short timeframes for BTC/USD induces panic among long traders, but for analysts, it’s business as usual. Go to Source Powered by WPeMatico
Crypto mergers and acquisitions doubled to $1.1B in 2020, PwC reports
The average deal size in the crypto industry surged from $19 million last year to nearly $53 million in 2020, according to a new PwC report. Go to Source Powered by WPeMatico
Chainalysis has crypto’s ‘heightened momentum’ to thank for multibillion-dollar valuation
The company recently raised $100M in VC funds. How does it plan to spend that money? Go to Source Powered by WPeMatico
