DeFi Startup Compound Finance Raises $25 Million Series A Led by A16z
Lending protocol Compound Finance just raised $25 million in a round led by Andreessen Horowitz’s a16z crypto fund, marking one…
Fake Website Prompts China’s Central Bank to Deny Digital Yuan Launch
The People’s Bank of China (PBoC) said the country’s stablecoin project is still in the testing stage with no date…
OneCoin Founder’s Brother Faces 90-Year Jail Term After Plea Deal
The Department of Justice (DOJ) reached a plea deal with Konstantin Ignatov for his involvement in OneCoin Ltd., a cryptocurrency…
Data Provider Messari Closes $4 Million Funding Round
Data provider Messari has closed a $4 million funding round led by Uncork Capital with new participation from Coinbase Ventures…
Kik Suffers Setbacks With ‘Void for Vagueness’ Defense in SEC Case
Kik is struggling to mount a strong defense in a case brought by the U.S. Securities and Exchange Commission (SEC) over…
Winklevoss Capital, Coinbase Back $1.8 Million Round for Bitski Crypto Wallet
A startup making it easier for developers to put crypto wallets in their applications is announcing a seed round from…
China Central Bank Official: Digital Yuan Should Have ‘Controllable Anonymity’
China’s proposed new stablecoin project should strike a balance between protecting privacy and regulatory enforcement, China’s Digital Currency Research Institute…
Tunisia’s Central Bank Denies Reports Claiming It Issued an E-Dinar
The Central Bank of Tunisia is denying reports that it has launched a digital currency. In a sweeping rejection published…
CME Says It Will Launch Bitcoin Options in January
Derivatives exchange CME Group has announced it will launch options on its bitcoin futures contracts in January. In a notice…
Alibaba Offers Bitcoin Rewards Through Lolli Shopping App for ‘Singles Day’
Lolli, an affiliate retail startup that gives online shoppers bitcoin instead of regular cash-back perks, just announced its first Asian…