Coin Journal

Gemini partnership with Betterment will allow the company to provide crypto custody services to the digital investment advisor. Betterment has over 730,000 customers across its business who could gain exposure to the crypto asset class. Institutional interest in crypto remains despite crypto winter. Gemini, one of the leading crypto exchange and custody providers in the …

Gemini partners Betterment to offer curated crypto portfolios Read More »

Blockchain startup Router Protocol, which offers an infrastructure layer for communication between blockchains, has added veteran cross-chain developer Mankena Venkatesh to its team. An announcement from the company shared with CoinJournal on Tuesday revealed that the former Injective and Polygon team member joins it as the new Chief Blockchain Architect.  Venkatesh is also an alumnus …

Router Protocol hires interoperability veteran as Chief Blockchain Architect Read More »

Celsius Network CEO Alex Mashinsky has stepped down from his position at the troubled crypto lending platform, with the resignation effective immediately. A statement from Celsius, accompanied with Mashinsky’s resignation letter said the ex-CEO informed Celsius’ Special Committee of the Board of Directors of his decision today.  The Celsius Network co-founder also tweeted a link …

Celsius CEO Alex Mashinsky resigns Read More »

Strike has closed an $80 million series B funding round led by Ten31 and joined by Washington University in St. Louis and the University of Wyoming. The company, which is built on Bitcoin, will use the funds to grow its products as it looks to revolutionise the payments industry. Strike, a leading digital payments provider …

Strike raises $80 million in funding to revolutionise Bitcoin Lightning payments Read More »

Nexo has reportedly acquired a stake in Hulett Bancorp (DBA Mode Eleven), the bank that owns Summit National Bank. The deal with the US federally chartered bank offers Nexo an opportunity to further serve its US customers in a regulated environment. Nexo, a leading regulated digital assets platform with more than $4 billion in assets …

Nexo acquires stake in a US-federally chartered bank Read More »

FTX US’ successful bid for Voyager Digital’s is reported at $1.422 billion. Voyager says FTX US’ bid provides the best route to returning value to customers. Cryptocurrency exchange FTX US has won the bid to acquire the assets of bankrupt crypto lender Voyager Digital, according to a press release on Monday. As per the news …

FTX US wins bid to acquire Voyager Digital’s assets Read More »

Phuture’s Earn Product for USDC is powered by DeFi protocol Notional Finance. Users can deposit the stablecoin USDC and earn income on the assets saved in the USDC Savings Vault. Decentralised crypto platform Phuture has formally introduced its first yield earning offering via the recently announced ‘Saving Vault’ product. The first crypto asset on offer …

DeFi protocol Phuture launches USDC earn product Read More »

Automata Network, a decentralised middleware service protocol in the Polkadot ecosystem, has introduced a free to use private Remote Procedure Call (RPC) relay designed to align privacy protection for Web3. The platform’s 1RPC announced today is a free-to-use private RPC relay Automata Network says will help protect end-users from potential threats amid Web3 growth. 3/ …

Automata Network introduces 1RPC for a privacy-protected Web3 Read More »