crypto

Brian Armstrong says Coinbase spent $50M fighting SEC lawsuit – and beat it

Coinbase on Friday said the SEC has agreed to drop the lawsuit against the company with prejudice, meaning it cannot be filed again.  The move, which is still subject to the approval of the SEC’s Commissioners, is yet another signal that the Trump administration plans to be more friendly to crypto than the SEC was

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

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

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MoviePass might pivot to crypto

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

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Trump orders formation of working group to evaluate crypto stockpile

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

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Tom Brady’s Autograph merges with digital fitness company Future

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,

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After pivoting from crypto to payroll, Rollfi gets acquired

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

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

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

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