Tag: Cryptocurrency

Cryptocurrency chill causes mining speculator Nvidia’s stock to plunge

The cryptocurrency market is an exciting one, but it’s also unpredictable — and when things go south, they take related businesses with them. Nvidia, a hardware giant that has been riding the cryptocurrency wave, saw its stock price take a double-digit hit as it reported vanishing demand for GPUs specializing

Bitcoin and the crypto market is once again crashing hard

It’s not been a pretty year for anyone who owns Bitcoin, but the last 24 hours has been a period to forget as the cryptocurrency dropped below $100 billion in market cap for the first time in more than a year. You have to go back to the end of

Another crypto exchange goes old school as KuCoin raises $20M from VCs

I’ve said it before but I’ll say it again: one of the biggest trends in crypto this year is companies raising money the old fashioned way through venture capitalists. Hot on the heels of Binance raising money from Singapore’s Vertex Ventures, so KuCoin, a relatively new crypto exchange, has pulled

Tinder’s head of product has left

Tinder’s chief product officer Brian Norgard wants to get back to his entrepreneurial roots, citing former PayPal executive-turned-venture capitalist Keith Rabois as inspiration. Norgard, who joined Tinder as part of the acquisition of his Kleiner Perkins-backed ephemeral messaging startup Tappy in 2014, has confirmed to TechCrunch that he’s left the

Twitter, those ‘verified’ bitcoin-pushing pillocks are pissing everyone off

Elon Musk’s tweets piss me off for two reasons. When he’s not accusing actual heroes of sex crimes or trolling the federal government, it’s what comes after that drives me batshit. The top reply to most of his tweets is some asshat impersonating him to try to trick his followers

Hong Kong says it may regulate crypto exchanges

Hong Kong may become the next country to regulate crypto exchanges after its securities regulator announced that it is exploring ways to apply quality control and protect consumers from the volatility and uncertainties of digital currencies. The Securities and Futures Commission (SFC) said it is “setting out a conceptual framework” that could

Coinbase is now valued at $7B after closing new $300M round

Crypto exchange Coinbase says it is now valued at over $8 billion after it closed a new $300 million round of funding. The U.S. company said this Series E investment was led by Tiger Global with participation from Y Combinator — via its Continuity fund — in addition to Wellington Management,

One of crypto’s longest-running exchanges has been sold

One of the longest-standing crypto exchanges has new owners after Europe-based Bitstamp was sold to South Korea’s Nexon, marking the gaming firm’s second such acquisition. The acquirer is NXMH, a Belgium-based PE and investment firm owned by NXC — the parent of Nexon — and it will take a majority 80 percent

The corpse of Kodak coughs up another odd partnership

Kodak isn’t feeling very well. The company, which sold off most of its legacy assets in the last decade, is licensing its name to partners who build products like digital cameras and, most comically, a cryptocurrency. In that deal, Wenn Digital bought the rights to the Kodak name for an

Blockchain partners with Ledger for its hardware wallet

Blockchain startup Blockchain shared its roadmap for the coming months. The company is launching a hardware wallet in partnership with Ledger. Blockchain is also launching a new trading platform called Swap — this platform will find the best trading prices across a variety of exchanges and liquidity pools so that