Why each Libra member’s mutiny hurts Facebook

There’s a strategic cost to the defection of Visa, Stripe, eBay, and more from the Facebook-led cryptocurrency Libra Association. They’re not just names dropping off a list. Each potentially made Libra more useful, ubiquitous, or reputable. Now they could become obstacles to the token’s launch or growth. Fearing regulators’ inquiries not just into their Libra […]

Coinbase is launching Coinbase Pro mobile app

Cryptocurrency exchange company Coinbase is launching a mobile app for its advanced users today. You can now download the Coinbase Pro mobile app on iOS — the Android version is coming soon. Coinbase Pro is the company’s exchange that lets you set up advanced order types, such as limit orders. Those are fairly standard features […]

Art on blockchain pioneer Verisart raises $2.5M for art and collectibles certification

A lot of talk has been made about verifying valuable items on an immutable blockchain, but the main pioneer in this space has been Verisart, which appeared a few years ago to use a blockchain to create certification for the fine art and collectibles market. But despite the blockchain hype of the last few years, […]

Coinbase users will earn rewards on USDC holdings

Cryptocurrency exchange Coinbase wants to foster USDC adoption by letting you earn rewards when you keep USDC on your Coinbase account. Essentially, if you’re a U.S. customer, your Coinbase account has become an uninsured savings account with a 1.25% APY rewards rate. If you’re not familiar with USDC, it’s a stablecoin backed by CENTRE, a […]

Battlefield vets StrongSalt (formerly OverNest) announces $3M seed round

StrongSalt, then known as OverNest, appeared at the TechCrunch Disrupt NYC Battlefield in 2016, and announced a product for searching encrypted code, which remains unusual to this day. Today, the company announced a $3 million seed round led by Valley Capital Partners. StrongSalt founder and CEO Ed Yu says encryption remains a difficult proposition, and […]

Meet SoundCloud rival Audius, free & anti-takedowns

“It was SoundCloud’s opportunity to lose and now it’s ours” says Audius CEO Roneil Rumberg. Plenty of musicians and fans are sick of SoundCloud’s expensive hosting costs, haphazard content takedowns, and lagging user experience as the site’s status withers. Audius wants to be the opposite, and offer a new home for artists where they’ll eventually […]

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 […]

Facebook is working with HackerOne on a bug bounty program for its Libra cryptocurrency

Facebook and its partners are moving ahead with their Libra cryptocurrency project and announced they are working with HackerOne on a bug bounty program for applications built on its blockchain. The move comes even as government regulators have called for the company to suspend the project while they assess its legality and the potential threat […]

Who gets to own your digital identity?

“On the Internet, nobody knows you’re a dog,” was stated in the legendary New York Times cartoon that captured the spirit of privacy and anonymity in the early days of the internet. Even though anonymity is still a hot topic and sought after in the online world, times have changed. With the rise of online […]

Binance launches Venus, which it calls an “independent, regional version” of Facebook’s Libra

Binance, the world’s largest cryptocurrency exchange, announced today that it will launch an open blockchain project called Venus to develop regional stablecoins pegged to fiat currencies (or traditional currencies usually issued and backed by a government). Based in Malta, Binance launched its decentralized trading service, Binance Chain, earlier this year, and since then has issued […]