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 :
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...
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 :
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 :
Robinhood raises $280M Series F led by Sequoia Capital, valuing the company at $8.3B, and says it's added 3M funded accounts since the beginning of the year
Jeff John Roberts / Fortune :
Automated crypto lending platform Compound raises $25M Series A from a16z, says it now has over $150M worth of assets on its platform
Jeff John Roberts / Fortune :
Pilot, which provides an automated accounting service, raises $40M Series B led by Index Ventures with participation from Stripe
Jeff John Roberts / Fortune :
Ripple launches a $100M fund, overseen by Forte, to encourage integration of blockchain into games, such as in-game marketplaces, with grants to developers
Jeff John Roberts / Fortune :
ScaleFactor, which develops finance software that automates bookkeeping tasks, raises $30M Series B led by Bessemer Venture Partners
Jeff John Roberts / Fortune : Thanks: @jeffjohnroberts