Coinbase Ventures Backs Matic Network Plasma Project


Ethereum-powered layer-two scaling solution Matic Network (MATIC) has today announced Coinbase Ventures, the venture capital arm of top-tier cryptocurrency exchange Coinbase, as an investor in its seed round. Matic Network – which utilizes sidechains for off-chain computation while ensuring asset security using the Plasma framework and a decentralized network of proof-of-stake validators – announced the Coinbase Ventures investment news via…

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Huobi Names TOP Network as Inaugural Huobi Prime Project

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World-renowned cryptocurrency exchange Huobi Global has revealed on Wednesday it will officially launch its Huobi Prime selective token listing channel on March 26th at 21:00 (GMT+8). Supplementing the news of the upcoming launch was the selection of the inaugural Huobi Prime project: TOP Network (TOP), a distributed communication network designed for safe, high-quality, and cost-effective cloud communication services. In a…

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Bittrex International Unveils Initial Exchange Offering (IEO) Platform, $6M RAID (XRD) Token Sale

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Bittrex International – a secure, reliable digital asset trading platform built on U.S.-based Bittrex’s cutting-edge trading technology – has become the first exchange to seemingly ride the coattails of Binance’s Binance Launchpad; announcing on Monday its own exclusive token sale platform. Indeed, the Malta-based Bittrex International will soon host a token sale – or, as they are calling it, an…

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Cryptocurrency Exchange Huobi Australia Shuts Up Shop; More Crypto Job Losses

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The relentless cryptocurrency bear market has claimed yet another victim. This time, it is Huobi Australia, who announced earlier today it will be shutting up shop just eight months after launching in Melbourne. Huobi Australia, who launched as part of a joint venture between blockchain investment and consulting firm Blockchain Global and Huobi Group – one of the largest cryptocurrency…

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Coinbase’s Coinbase Ventures Backs Fast-Growing South American AirTM Cryptocurrency Exchange


Top-tier cryptocurrency exchange Coinbase has – via its Coinbase Ventures investment arm – participated in Mexico-based crypto exchange AirTM’s latest round of financing, according to an AirTM blog post published on Wednesday. AirTM, which has helped individuals – predominantly in South America – conduct transactions in a manner than circumvents legacy banking systems, shared on Wednesday that Coinbase Ventures’ investment…

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Binance Documents Its Progress

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Binance, the world’s largest cryptocurrency exchange by daily volume, tweeted today that the company has been “dedicated to providing the highest level of security, reliability and quality.”  It then linked to a Medium post that pointed out how the company has improved over time. Since our inception, #Binance has been dedicated to providing the highest level of security, reliability and…

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Kucoin Lists USDC, The Circle-Backed Stablecoin

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Kucoin, a Singapore-based cryptocurrency exchange with tens of millions of dollars in daily volume, has decided to list the USDC token.  The USD coin was launched by cryptocurrency startup Circle, a company that has the distinction of being backed by both Goldman Sachs and bitcoin mining giant Bitmain, that many believe will help to serve as the bridge between institutional…

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DigiByte (DGB), Binance Leaders Butt Heads Once Again in Twitter War

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Ongoing tension between the Binance top-tier cryptocurrency exchange and DigiByte – a crypto project self-described as a “public, rapidly growing and highly decentralized blockchain” – have come to a head once more on Tuesday. Prompting this most recent bout were comments made by the founder and creator of the DigitByte blockchain, Jared Tate, in relation to a contentious announcement released…

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Mt Gox Clients Can Now File for Rehab

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Victims of the 2014 Mt Gox hack can now start filing civil rehabilitation claims. The hack, which saw almost $500 million dollars worth of Bitcoin stolen from the cryptocurrency exchange, eventually resulted in the company filing bankruptcy. After years of deliberation, it seems victims may finally be able to receive some compensation.   Announced yesterday on its website, Mt Gox…

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Top Crypto Exchange OKEx Primed for US Entry; Joins Huobi, OKCoin, Stellar in GLASS

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One of the world’s most popular cryptocurrency exchanges, OKEx, has today announced that it will be joining Global Liquidity and Settlement System (GLASS) – a decentralized network of crypto trading platforms developed by San Francisco-based broker-dealer and alternative trading system (ATS), SharesPost. For OKEx – who, according to cryptoasset research firm Diar’s most recent newsletter (V2.33/34), enjoyed a record monthly…

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