- On the move #1.
Huge congrats to Charles Noyes for joining
Fred Ehrsam and Matt Huang as a partner in their new fund, what a team! 🎉 We are as proud to have featured
his post on TON, which happened to be TE's second most read post, as we are depressed to learn that he is only 19 years old...- On the move #2
. As hinted at in issue #50
, Aaron Batalion has officially left
Lightspeed as general partner to devote himself full time to crypto. Unclear whether he will start a fund or a project. Congrats in any case! 🎉- Hacks.
Another week, another South-Korean crypto exchange getting hacked
. This time it's Bithumb's turn to the tune of $31M, mostly in XRP apparently. Bithumb is the 6th largest crypto exchange globally and promised it will refund compromised accounts out of reserves.- Fooled by randomness.
Crypto-twitter went completely haywire
when bitcoin block #00000000000000000021e800c1e8df51b22c1588e5a624bea17e9faa34b2dc4a was mined. It turns out it wasn't Satoshi nor God sending a message, but just simple stats
.- New old banks.
Robinhood is the latest fintech startup that is rumoured
to be going after banking licenses to offer a broader set of regulated financial products to its 4M users.
its Asset Framework as guidelines to how it vets crypto assets to be added to its trading products. - Executive Laundering:
Remember Clinkle? That startup that raised a $25M seed round for ultrasound based payments (which actually now sounds like a fairly modest pre-product raise)? The founder is back
. He's launched a new venture fund and one of the projects he's more involved in is a crypto one: URToken, a marketplace for corporate rewards.- NFTs growing in interest:
The first NFT meetup drew crowds from all over Europe (it has a nice recap
), and now there's a conference
in Hong Kong specifically on this niche.- What bear market?
This was Greyscale's best week for fundraising with more than $20M raised
in their family of funds.