of a $500M round at $8B valuation led by Tiger Global, half of it in secondary from existing investors (and presumably employees). Apparently it took most of 2018 to close a deal, but the headline numbers are certainly not reflective of a bear market.
Circle has acquired
crowdfunding company SeedInvest so it can turn it into a compliant token sale platform.
- ICOs treasuries.
Rumours of incoming dapp capitulation may be exaggerated, as Bitmex demonstrates
most projects have already liquidated most of the ETH raised and are still sitting on paper gains.- Custody
. Gemini have secured
insurance coverage for customers' digital assets custodied in hot wallets (like Coinbase offers).- ErisX.
TD Ameritrade and a bunch of other Wall St firms, plus DCG, are backing
a startup building out a regulated crypto exchange and clearing house offering spot and futures markets.- Tether pains.
Tether is supposedly diversifying
away from troubled Puerto Rican Noble Bank, who's desperately seeking for a buyer. It seems
like its parent Bitfinex has just started banking with HSBC, and claims
it's all good (showing BTC
cold wallet balances).- Mining
. Dramatic turn of events at Sia as the community eventually decides
in favour of hard-forking to brick Bitmain and Innosilicon's ASICs. Fascinating case study in governance of decentralized networks.- Shapeshift.
Erik published a strong
rebuttal to the damning WSJ post from last week, shining light on many inaccuracies. WSJ does not come out in a good light.- Releases.
dYdX has released expo
on mainnet, where you can live trade on margin. Prysmatic Labs has released v0.0.0
of their Ethereum 2.0 implementation, really futuristic stuff. And Bitcoin 0.17.0
is out as well.