New Celo Alliance Has Same Aims as Libra – And Some of the Same Partners – CoinDesk

The Silicon Valley crypto startup cLabs, focused on mobile payments and the Celo blockchain project, is following another precedent from Facebook’s Libra playbook by launching an industry association through a separate Celo Foundation. Dozens of blockchain companies and investors – including Libra Association members Coinbase Ventures, Andreessen Horowitz, Bison Trails and Anchorage – are committing […]

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Paxos, Credit Suisse Claim First Blockchain-Based Settlement of US Equities – CoinDesk

New York-regulated crypto startup Paxos, in conjunction with Credit Suisse and Nomura-owned broker-dealer Instinet, has claimed bragging rights for the first live blockchain-based settlement of U.S. equities.  Announced Wednesday, the Paxos Settlement Service has gone live, allowing for the simultaneous exchange of cash and a select number of U.S.-listed securities on Paxos’ own private version […]

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Crypto Finance Startup Amber Raises $28M in Series A Led by Pantera, Paradigm – CoinDesk

Amber Group, a Hong Kong-based startup offering a range of cryptocurrency finance services, has raised $28 million in a Series A funding round. Leading the investment are Paradigm and Pantera Capital, with Polychain Capital, Blockchain.com, Coinbase Ventures and Fenbushi Capital also participating. Existing investor Dragonfly Capital was also on board. Amber said Friday the investment […]

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Torus Launches to Bring One-Click Login to Web 3.0 – CoinDesk

Torus, a key-management startup offering one-click logins for decentralized apps (dapps), launched out of beta Thursday and announced eight initial hosting partners for its Web 3.0 product. Alongside Torus itself, Binance, Ethereum Name Service (ENS), Etherscan, Matic Network, Ontology, Skale, Tendermint Core and Zilliqa will be running nodes supporting the decentralized login system. The move […]

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CoinFlip Adds Support for Stellar XLM to Its 450 Crypto ATMs – CoinDesk

Cryptocurrency ATM startup CoinFlip now allows customers to purchase Stellar Lumens (XLM) from its network of machines, according to co-founder and CEO Daniel Polotsky. The listing increases XLM’s availability in bricks-and-mortar stores, Polotsky said. CoinFlip operates about 450 ATMs in gas stations and convenience stores across the United States, allowing customers to buy a variety […]

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Pantera, Square Join $14M Series A for Real-Time Payments Startup Transparent – CoinDesk

Transparent Financial Systems, a Seattle-based startup developing a real-time “cryptographic settlement” network, has closed a Series-A funding round that raised over $14 million.  Led by Pantera Capital and with participation from Jack Dorsey’s Square, FuturePerfect Ventures, DCG and more, the funding round is in addition to the $8 million in seed financing Transparent received from […]

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