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Coinbase Commerce eclipses $50 million in transactions

Coinbase Commerce, the exchange’s online retail service, announced today it has facilitated $50 million in transactions since launching last year. With 10,000 monthly users, the platform is on a growth trajectory, homing in on early adopters with plans to innovate, according to Justin O’Brien, the…

IEX Group launches financial data platform IEX Cloud

New York-based technology company IEX Group has announced the launch of financial data platform IEX Cloud. The new platform connects developers with financial data creators and offers them access to curated financial data, such as fundamentals, news, U.S. and international equities, and mutual funds. “At…

GitHub launches crowdfunding tool to support open-source developers

GitHub, the code hosting service, is launching a crowdfunding tool to provide financial support to open-source developers, the company announced Thursday. Users have the option to choose from multiple sponsorship tiers to support developers on GitHub. GitHub developers sponsored by users receive a recurring monthly…

Mobile carrier AT&T will now accept payments in crypto

Cryptocurrency is taking another step towards the mainstream as mobile carrier AT&T announced it would accept payments in crypto today, according to a release from the company. Customers can pay their mobile bills via BitPay when they pay online or in app. BitPay is one of…

Square has been handling credit card transactions for CBD startups

Square, the California-based payments firm, has found its way to the nascent CBD market, handling credit card transactions for a number of startups in the space, Business Insider reported.  The market around CBD, an oil derived from cannabis with soothing properties, is exploding, but firms…

FINRA approves Grayscale Ethereum Trust for retail

Asset management firm Grayscale has secured approval from FINRA to list eligible shares of its Grayscale Ethereum Trust, making it the first publicly quoted security tied to the second-largest cryptocurrency, the firm said.  Grayscale manages 10 funds, most of which are only available to accredited…

Bitcoin Exchange Bitfinex Scores Win Against NY Attorney General

Bitcoin exchange Bitfinex has secured a temporary reprieve in its ongoing legal tussle against the New York Attorney General’s (NYAG) office. NY Judge Grants Stay of Document In a press release issued on Wednesday (May 22, 2019), Bitfinex announced that Hon Joel M. Cohen on…

Binance CEO is suing Sequoia Capital for damages

Binance CEO Changpeng “CZ” Zhao is suing Sequoia Capital, a giant VC firm, for damages, claiming they damaged his reputation and stopped him from raising funds for the major crypto exchange he helms, CoinDesk writes. The case stems from a previous legal spat between the…

Mike Novogratz Sells His Stake in Crypto Startup Block.one for $71 Million

Mike Novogratz’s Galaxy Digital has sold majority of its stake in cryptocurrency startup Block.one for $71 million – a 123 percent gain on its initial investment. Massive Payday for Novogratz’s Galaxy Digital Mike Novogratz’s Galaxy Digital has sold most of its share in Block.one, receiving…