Source: cryptocurrency exchange Kraken quietly closed a $500M funding round at a $15B valuation, including from co-CEO Arjun Sethi's Tribe Capital
Jeff John Roberts / Fortune :
a16z is a prosecution witness in the DOJ's case against BitClout founder Nader Al-Naji, who raised hundreds of millions dollars for his failed crypto startups
in words of one lawyer—VCs “don't like to rat” Juicy details here: https://fortune.com/... LinkedIn: Jeff John Roberts : Talented scammers trick even the smartest people. Case in point is “Diamondhan...
Binance says 2M BNB, worth ~$570M, were stolen from its BNB Chain in an exploit; “majority” of BNB are in the hacker's wallet, ~$100M worth were “unrecovered”
Then It Got Complicated The Guardian : World's largest crypto exchange hacked with possible losses of $500m Ephrat Livni / New York Times : Binance Blockchain Hit by $570 Million Hack, Exposing Crypto...
Third-party vendor HubSpot says it was hacked, leading to customer data breach notifications at Circle, BlockFi, Pantera Capital, NYDIG, and other crypto firms
Jeff John Roberts / Decrypt :
Coinbase beats with $2.5B Q4 revenue, $840M net income, and 11.4M monthly transacting users, up from 7.4M in Q3; 2021 revenue was $7.4B, up from $1.1B in 2020
2021 was a year of tremendous growth and development in the cryptoeconomy, as well as for Coinbase. MK Manoylov / The Block : Coinbase earned $2.5 billion in net revenue during 2021's fourth quarter T...
Coinbase says it expects its shares will start trading on April 14 and plans to release Q1 results on April 6
Jeff John Roberts / Decrypt :
PayPal says it acquired Tel Aviv-based Curv, which facilitates secure storage of cryptocurrency, source says for nearly $200M
Jeff John Roberts / Decrypt :
Robinhood co-founder Baiju Bhatt steps down as co-CEO, leaving Vlad Tenev as sole CEO ahead of a rumored IPO
Jeff John Roberts / Fortune :
Digital Currency Group to invest $100M in its subsidiary Foundry, which was quietly formed in 2019 to mine bitcoin and other cryptocurrencies in N. America
Jeff John Roberts / Fortune :
Michigan and Alphabet-backed Cavnue want to build a dedicated road for autonomous vehicles between Detroit and Ann Arbor, plus a software standard to access it
Jeff John Roberts / Fortune :