Stocks sharply rebound as markets rally on expectations of government bailout, testing

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Into Africa: tech leaders weigh in on Jack Dorsey’s planned move to the continent

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Political ‘fixer’ Bradley Tusk closes second fund on $70M

Tusk Venture Partners, the venture capital firm led by Bradley Tusk and managing partner Jordan Nof, has secured $70 million for its second flagship fund, the firm has confirmed to TechCrunch following a report by Fortune this morning. Fundraising for the effort began in January, when the pair filed paperwork with the U.S. Securities Exchange […]

Bitcoin and cryptocurrencies had a very bad day

The price of Bitcoin and other cryptocurrencies tanked today, continuing a months-long slide that has seen the value of the digital currency slide by more than $2,000 from highs of above $10,000 earlier in the year. Investors are still speculating about the cause of the crash, but hopeful cryptocurrency bulls before today had hoped that […]

Elliptic banks $23M to shrink crypto risk, eyeing growth in Asia

Crypto means risk. To UK company Elliptic it also means business. The startup has just closed a $23M Series B to step up growth for a crypto risk-management play that involves selling tech and services to help others navigate the choppy darks of cryptocurrencies. The round was led by financial services and asset management firm […]

CoinBits launches as a passive investment app for bitcoin

Erik Finman is a twenty-something bitcoin maximalist as famous for his precocity as he is for his $12 bet on the currency a few years ago. Now, Finman, who built his first company while still in high school, is launching a new startup called CoinBits, which allows users to passively invest in bitcoin. The idea, […]

Bitcoin has surged above $8,000 and theories around why abound

Bitcoin is now trading at around $8,130, up a whopping 60.84% over the past month, with the price surging $3,086.14 over the period. The cryptocurrency’s meteoric rise is reminiscent of its rocketing growth in the latter half of 2017, when prices reached more than $18,400 on the back of buoyant capital markets, rampant speculation and […]

Amun raises $4M to give stock-like buying options for crypto investors

Crypto represent a “border-less” asset that anyone can own, but actually getting hold of it isn’t easy for everyone. Amun, a company that wants to make buying crypto as easy as stock, has pulled in $4 million in funding to offer more established channels for crypto ownership. The startup currently offers punters an ETP (exchange-traded […]

Digital Garage teams up with Blockstream to develop blockchain financial services in Japan

The global crypto market may have tanked last year, but notable names have joined forces to develop Bitcoin and blockchain financial services in Japan, which has emerged as one of the world’s most crypto-friendly markets. Blockstream, a blockchain startup founded by Bitcoin contributors, announced this week that it has launched a joint venture in Japan […]

NYSE operator’s crypto project Bakkt brings in $182M

The Intercontinental Exchange’s (ICE) cryptocurrency project Bakkt celebrated New Year’s Eve with the announcement of a $182.5 million equity round from a slew of notable institutional investors. ICE, the operator of several global exchanges, including the New York Stock Exchange, established Bakkt to build a trading platform that enables consumers and institutions to buy, sell, store […]