Binance releases its proof-of-reserves system, starting with BTC, claiming it has 582,485 BTC and 575,742 BTC user balance, a reserve ratio of 101% for users
Tim Copeland / The Block :
Crypto staking service Figment raises a $110M Series C led by Thoma Bravo at a $1.4B valuation; Figment has $10M in revenue/month with ~$100M projected for 2021
Tim Copeland / The Block :
Crypto exchange BitMart says it was hacked, resulting in the loss of ~$150M in crypto after its Ethereum and Binance Smart Chain hot wallets were breached
Tim Copeland / The Block :
Coinbase files its S-1, reveals profit of $322M in 2020 on $1.2B in revenue, up from a loss of $30M in 2019 on $533M in revenue
This summary highlights selected information that is presented … Jeff Kauflin / Forbes : Coinbase Cofounders And Investors Poised To Rake In Tens Of Billions From IPO Ian Allison / CoinDesk : Coinbase...
Square commits $10M to fund efforts to mine bitcoin with renewables; Dorsey believes “that cryptocurrency will eventually be powered completely by clean power”
Scott Chipolina / Decrypt : Tweets: @square , @apompliano , @markjeffrey , and @timccopeland Tweets: @square : We are also launching a Bitcoin Clean Energy Investment Initiative, committing $10M to s...
How Binance survived China's crypto crackdown, a $40M hack, and the bursting of the crypto bubble to become one of the most successful crypto exchanges
Tim Copeland / Decrypt :