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Lightspeed, Pantera Join $20M Raise for Crypto Market Maker Wintermute

London-based Wintermute, an algorithmic liquidity provider for digital assets, closed a $20 million Series B led by Lightspeed Venture Partners with participation from Pantera Capital.  Other investors joining the round include Sino Global Capital, Kenetic Capital, Rockaway Blockchain Fund, Hack VC, DeFi Alliance and Avon Ventures, a venture capital fund Read more…

By admin, 17 hours ago
Business

Salesforce, Lime Execs Join Board of Polkadot-Inspired Cere Network

Enterprise blockchain upstart Cere Network has added former Salesforce COO Rajani Ramanathan and current Lime Chairman Brad Bao to its board, Cere announced Wednesday.  San Francisco-based Cere is taking a fresh approach to the slow-moving world of big business blockchain, which usually involves retrofitting some private but shared ledger among Read more…

By admin, 17 hours ago
Block.one

Dan Larimer’s Departure Brings EOS Disappointments to the Fore

On Jan. 10, leading pro-EOS YouTuber Colin Talks Crypto announced he had sold all his holdings following the revelation earlier that day that Dan Larimer had resigned his position as CTO of Block.one, the company that made the software powering the EOS blockchain. In fact, Larimer has been gone since Read more…

By admin, 1 day ago
Acquisitions

Coinbase Buys Blockchain Infrastructure Startup Bison Trails

Cryptocurrency exchange Coinbase announced it’s buying blockchain infrastructure company Bison Trails. Bison Trials, which builds cross-blockchain integration tools that link disparate protocols, will become a “foundational element” of the Coinbase product suite, the top U.S. cryptocurrency exchange said in a Tuesday blog post. Terms of the deal were not disclosed. Read more…

By admin, 1 day ago
Automated Market Makers

Saddle Raises $4.3M for Slippage-Free DeFi Trading

Saddle, the latest decentralized finance (DeFi) system to come out of Silicon Valley, has raised $4.3 million in seed funding from Framework Ventures, Polychain Capital and Electric Capital.  Announced Tuesday, the new automated market maker (AMM), which has just gone live, is focused on preventing slippage in value between different Read more…

By admin, 2 days ago
Business

India’s Largest Crypto Exchange Launches User-Friendly App, Eyes 50M New Users

India’s largest cryptocurrency exchange, CoinDCX, has launched a new app aimed to make it easy to buy and sell bitcoin and other top digital assets in a bid to capture 50 million new users. According to a press release on Tuesday, the exchange’s app offering, CoinDCX Go, provides newcomers to Read more…

By admin, 2 days ago
BCB Group

Huobi Global Connects to European Banking System via UK’s BCB Group

Regulated crypto payment services firm BCB Group has partnered with Huobi Global to help the Seychelles-based exchange giant connect its trading desks to the banking system in the U.K. and Europe. Announced Tuesday, customers of Huobi’s over-the-counter (OTC) platform will be able to instantly settle transactions in euros and pounds Read more…

By admin, 3 days ago
Business

Publisher of ‘Infinite Fleet’ Game Kicks Off Token Offering With $1M Tether Investment

The publisher of the upcoming online space strategy game “Infinite Fleet” is providing a chance to buy into equity and share in future profits through the launch of a public security token offering (STO). Announced Monday, Luxembourg-based Exordium has just launched the token-based funding round in select European countries. The Read more…

By admin, 3 days ago
Business

Coinbase Joins $6M Funding Round for Licensed Middle-East Exchange Rain Financial

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

By admin, 3 days ago
Business

Goldman Sachs to Enter Crypto Market ‘Soon’ With Custody Play: Source

U.S. banking powerhouse Goldman Sachs has issued a request for information (RFI) to explore digital asset custody, according to a source inside the bank. When asked about timing, the Goldman source said the bank’s custody plans would be “evident soon.” Goldman’s digital asset custody RFI was circulated to at least Read more…

By admin, 5 days ago

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