Coinbase reports Q2 revenue up 105% YoY to $1.45B, vs. $1.39B est., a $36.2M net income, and forecasts subscription and services Q3 revenue below expectations
Q2 was a quarter of strong progress for Coinbase and the crypto industry. PYMNTS.com : Corporate America Moving On-Chain and Regulatory Clarity Propel Coinbase Earnings Mat Di Salvo / Decrypt : Coinba...
Farcaster, an Ethereum-based social media project, raised $150M led by Paradigm, with participation from a16z and others, and reports “350,000 paid sign-ups”
Since going permissionless last October, Farcaster has seen 350,000 paid sign-ups … Sage D. Young / Unchained : Decentralized Social Network Farcaster Raises $150 Million in a Series A Round Amanda Si...
Andreessen Horowitz raised $7.2B, including $600M for American Dynamism, $3.75B for late-stage startups, and $600M for gaming, exceeding its target by ~4%
I am pleased to announce that we have just raised $7.2B … TechCrunch : Andreessen Horowitz's $7.2B new funds for a ‘new era’ Giuseppe Ciccomascolo / CCN.com : AI Investment from Andreessen Horowitz to...
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...