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“# BTC rewards app Lolli raises $5M from Reddit founder, Serena Williams, and more ” Bitcoin rewards app, Lolli, has announced the close of its pre-series A fundraising round after raising $5 million. The round saw investment from a diverse array of participants, including Seven Seven Six — the venture capital firm co-founded by Reddit…
“# Wirex halts UK signups after consultation with financial regulator ” London-based cryptocurrency and fintech firm Wirex has announced that it will no longer take on new U.K.-based customers following discussions with the jurisdictional regulator, the Financial Conduct Authority. The decision to temporarily halt U.K. sign-ups was apparently voluntary, according to a press release posted…
“# South Korea faces strict crypto regulation and fears of centralization ” From real-name account trading to investigating individuals using cryptocurrencies to evade taxes, government officials in South Korea are enacting stricter regulations to oversee the cryptocurrency industry in the country. These measures often require digital currency businesses to provide detailed customer data and transaction…
“# Elon Musk says Tesla now accepts Bitcoin from US customers ” Elon Musk has announced that Tesla cars can now be purchased using Bitcoin (BTC). The electric car company’s CEO and “Technoking” said the firm would operate Bitcoin nodes directly, and would hold on to the Bitcoin it accumulates without converting it to fiat….
“# ‘Castle’ production company’s new TV crypto comedy to drop an ep as an NFT ” A scripted TV series that’s about crypto — and funded by it — is in development at Beacon Pictures, the independent production company behind “Bring It On”, and popular ABC drama “Castle.” According to Deadline Hollywood, the 10 part…
“# ‘No loss’ lottery protocol PoolTogether among most utilized protocols in DeFi: Messari ” Data published by crypto analytics provider Messari indicates that PoolTogether’s V3 no-risk lottery platform has amassed more than 6,000 users since launching in October. Messari asserts that PoolTogether’s user base ranks it “one of the most utilized protocols” in DeFi excluding…
“# Coinbase’s Reddit AMA: ‘It’s like Amazon in the early days’ ” The CEO of U.S. crypto exchange Coinbase Brian Armstrong has apologized for poor customer support and revealed the company could integrate with DeFi protocols in a comprehensive Ask Me Anything session on Reddit. The Reddit AMA (Ask Me Anything) posted on March 17…
“# Jeff Garzik’s DeFi protocol Vesper Finance tops $1B TVL in six weeks ” Vesper Finance, a recently launched DeFI yield suite co-founded by former Bitcoin core developer Jeff Garzik, has surpassed a TVL of $1 billion within six weeks of launching on mainnet. Garzik, also an executive of blockchain technology firm Bloq Inc, tweeted…
“# FTX set to secure naming rights to Miami NBA stadium until 2040 ” FTX has reached an agreement with Miami-Dade County on a 19-year partnership worth $135 million, to name Miami Heat’s home stadium the FTX Arena. The cryptocurrency derivatives exchange backed by Alameda Research, is set to become the first member of the…
“# Robinhood files SEC paperwork for public offering ” Robinhood Markets Inc., a popular trading app that recently expanded its cryptocurrency business, has filed paperwork with the United States Securities and Exchange Commission, or SEC, to go public. The company confirmed Tuesday that it had confidentially submitted a draft registration statement on Form S-1 with…