Categories Cryptocurrency

15 posts

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Equity Tuesday: Everyone’s raising money, and Wrike exits yet again

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday Tuesday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or […]

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Zipmex, which aspires to build the Asia Pacific region’s largest digital assets exchange, raises $6 million led by Jump Capital

Zipmex, a digital assets exchange headquartered in Singapore, announced today it has raised $6 million in funding led by Jump Capital. The startup, which plans to become a digital assets bank, says the round exceeded its initial target of $4 million. Along with earlier funding, it brings the total Zipmex […]

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Is rising usage driving crypto’s recent price boom?

Everything is dumb until it works. As 2020 comes to a close, the cryptocurrency world is experiencing another late-year surge of consumer interest as prices climb in value. Bitcoin is over $23,000 as I write to you, an all-time high. Ethereum’s cryptocurrency has recovered sharply as well, returning to mid-2018 […]

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Facebook’s Libra could launch in January

According to a report from the Financial Times, Facebook-backed cryptocurrency Libra could launch in January. More interestingly, the Libra Association, the consortium created by Facebook, could scale back its ambitions once again. When it was first unveiled, the Libra cryptocurrency was supposed to be a brand new currency tied to […]

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DOJ says it seized over $1 billion in bitcoin from the Silk Road drugs marketplace

Two days ago, about $1 billion worth of bitcoin that had sat dormant since the seizure of the Silk Road marketplace in 2013, one of the biggest underground drug websites on the dark web, suddenly changed hands. Who took it? Mystery over. It was the U.S. government. In a statement […]

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Crypto wallet app ZenGo to launch debit card

ZenGo, a mobile app to manage your cryptocurrencies, is about to launch a Visa debit card in the U.S. This isn’t the first crypto-powered debit card — Coinbase announced a U.S. expansion for its debit card just last week. But ZenGo is a non-custodial wallet, which means that you’re in control […]

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Crypto-driven marketplace Zora raises $2M to build a sustainable creator economy

Dee Goens and Jacob Horne have both the exact and precisely opposite background that you’d expect to see from two people building a way for creators to build a sustainable economy for their followers to participate in. Coinbase, crypto-hack projects at university, KPMG, Merrill Lynch. But where’s the art? “Believe […]

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Six Toronto VCs discuss COVID-19 and the post-pandemic era

As North America’s fourth-largest city, Toronto is one of the world’s top startup ecosystems. After spawning companies like Eventbrite and Crowdmark, Ontario’s capital has attracted international talent that complements its homegrown population of entrepreneurs and technical talent. Six investors we surveyed who work and live in the area said they […]

A hacker used Twitter’s own ‘admin’ tool to spread cryptocurrency scam

A hacker allegedly behind a spate of Twitter account hacks on Wednesday gained access to a Twitter “admin” tool on the company’s network that allowed them to hijack high-profile Twitter accounts to spread a cryptocurrency scam, according to a person with direct knowledge of the incident. The account hijacks hit […]

A vulnerability in some bitcoin wallets leads to double spend attacks and inflated balance

ZenGo, a startup that is building a mobile cryptocurrency wallet, has discovered a vulnerability in some of the most popular cryptocurrency wallets, such as hardware wallet Ledger, BRD and Edge. Named BigSpender, the vulnerability might lead to an incorrect balance on your wallet as unconfirmed transactions are taken into account […]