As leaders around the world grapple with cryptocurrencies, what happened when the African country tried to ban them?When the Nigerian government suddenly banned access to foreign exchange for textile import companies in March 2019, Moses Awa* felt stuc…
Yat thinks emoji ‘identities’ can be a thing, and it has $20M in sales to back it up
I learned about Yat in April, when a friend sent our group chat a link to a story about how the key emoji sold as an “internet identity” for $425,000. “I hate the universe,” she texted. Sure, the universe would be better if people with a spare $425,000 spent it on mutual aid or something, […]
Tenderly raises $15.3M to help Ethereum developers ship decentralized apps faster
Blockchain infrastructure startups are heating up as industry fervor brings more developers and users to a space that still feels extremely young despite a heavy institutional embrace of the crypto space in 2021. The latest crypto startup to court the attention of venture capitalists is Tenderly, which builds a developer platform for Ethereum devs to […]
PayPal’s new ‘superapp,’ to include messaging, is ready to launch
CEO Dan Schulman revealed the superapp would include high-yield savings, early access to direct deposit funds and messaging functionality outside of peer-to-peer payments.
European Investment Fund puts $30M in Fabric Ventures’ new $120M digital assets fund
Despite their rich engineering talent, Blockchain entrepreneurs in the EU often struggle to find backing due to the dearth of large funds and investment expertise in the space. But a big move takes place at an EU level today, as the European Investment Fund makes a significant investment into a blockchain and digital assets venture […]
Shopify allows merchants to sell NFTs directly through their storefronts
The NBA’s Chicago Bulls launched its first-ever NFTs –– including digital artwork of NBA championship rings –– by launching an online store on Shopify.
Crypto infra startup Fireblocks raises $310M, triples valuation to $2.2B
The latest financing brings Fireblocks’ total raised since its 2018 inception to $489 million. The valuation boost correlates with its increase in customers and ARR this year.
Sila banks $13M to offer single API for developing financial products, services
Sila’s banking and payment platform gives software teams tools to build the next generation of financial products and services.