crypto

Stripe makes $1.1 billion crypto bet as it closes on Bridge acquisition

Fintech /

Stripe has closed on its $1.1 billion purchase of stablecoin platform Bridge – marking the payment giant’s largest acquisition to date and tangible push into crypto. Co-founded in 2022 by Coinbase and Square alumni Zach Abrams and Sean Yu, San Antonio, Texas-based Bridge built an API that helps companies accept stablecoins. The pair raised $58 […]

Stripe makes $1.1 billion crypto bet as it closes on Bridge acquisition Read More »

MoviePass might pivot to crypto

Media & Entertainment /

After MoviePass’s historic implosion, subscribers to the “Netflix for movie theaters” were already cautious around the company’s 2023 relaunch. These moviegoers may grow even more skeptical after MoviePass sent out an email blast on Wednesday, which surveyed customers about their interest in web3. “Artificial Intelligence and Blockchain technologies are transforming the business landscape at an unprecedented

MoviePass might pivot to crypto Read More »

Trump orders formation of working group to evaluate crypto stockpile

Government & Policy /

President Donald Trump on Thursday ordered the formation of a working group to propose federal regulations for “digital assets” — including cryptocurrencies, digital tokens, and stablecoins — and evaluate a national crypto stockpile. Ex-PayPal COO and founder of VC firm Craft Ventures David Sacks, Trump’s pick for crypto an AI ‘czar,’ will lead the working

Trump orders formation of working group to evaluate crypto stockpile Read More »

Tom Brady’s Autograph merges with digital fitness company Future

Startups /

Autograph, the $3.1 billion valuation NFT company co-founded by Tom Brady, is merging with the digital fitness company Future. As part of the merger, Brady will join the board of directors of Future and serve as co-chair of the company.  Brady co-founded Autograph in 2021 to find ways to connect athletes and artists with fans,

Tom Brady’s Autograph merges with digital fitness company Future Read More »

After pivoting from crypto to payroll, Rollfi gets acquired

Startups /

Kirubha Perumalsamy co-founded Rollfi during crypto’s heyday in 2021 to help companies process digital payments.  When crypto crashed, Rollfi pivoted to become an embedded payroll company, partnering with financial services companies to offer payroll and benefits services to their clients.  The pivot was enough of a success for Rollfi to be acquired for an undisclosed

After pivoting from crypto to payroll, Rollfi gets acquired Read More »

AngelList, CoinList partner to help crypto startups raise and manage funds

Cypto /

Crypto is making such a big comeback that AngelList and CoinList are launching a way to help raise capital for crypto-specific founders using crypto coins. They are teaming up to launch Crypto special purpose vehicles  (SPVs) and Crypto roll-up vehicles (RUVs), the companies shared with TechCrunch exclusively on Wednesday. The partnership, they said, will give

AngelList, CoinList partner to help crypto startups raise and manage funds Read More »

US government charges operators of crypto mixing service used by North Korea and ransomware gangs

Cypto /

On Friday, the U.S. Department of Justice announced the indictments of Russian citizens Roman Vitalyevich Ostapenko, Alexander Evgenievich Oleynik, and Anton Vyachlavovich Tarasov, accusing them of operating services that helped criminals launder cryptocurrency. The three were allegedly involved in operating Bender.io and Sinbad.io, two cryptocurrency mixers “that served as safe havens for laundering criminally derived

US government charges operators of crypto mixing service used by North Korea and ransomware gangs Read More »

Robinhood, already a ‘comeback’ stock, has even more aggressive plans for 2025

Fintech /

Robinhood CEO Vlad Tenev has a lot to celebrate this holiday season. After a bumpy few years following Robinhood’s 2021 IPO — a period during which shares of the commission-free trading app plummeted by more than 90% after it abruptly restricted trading in some meme stocks —  the 12-year-old company was just declared Yahoo Finance’s

Robinhood, already a ‘comeback’ stock, has even more aggressive plans for 2025 Read More »

Terraform Labs co-founder Do Kwon will face fraud charges in the U.S.

Cypto /

Do Kwon, the co-founder of collapsed cryptocurrency startup Terraform Labs, will be extradited from Montenegro to the U.S. to face federal fraud charges, as first reported by Bloomberg. Kwon faces charges in both the U.S. and South Korea; Terraform Labs’ TerraUSD and Luna cryptocurrencies crashed in 2022, causing investors to lose over $40 billion. Terraform

Terraform Labs co-founder Do Kwon will face fraud charges in the U.S. Read More »