Tensor raises $3M for Solana-focused NFT trading platform

eToro secures $250M at a $3.5B valuation after scrapping SPAC, seeing slower growth

After calling off its plans to go public via a SPAC at a $10.4 billion valuation in 2022, trading platform eToro has secured $250 million in funding at a $3.5 billion valuation. The money is not a typical equity round: it comes by way of an Advanced Investment Agreement (AIA), eToro founder and CEO Yoni […]

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Revolut reports first full year of profit

Revolut reports first full year of profit

The all-in-one fintech app Revolut has released its annual report for 2021. While 2021 ended more than a year ago, this report includes some significant figures as the company nearly tripled its revenue between 2020 and 2021. Because of this explosive growth trajectory, the company reached profitability for the first time. Revolut’s financial success starts […]

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Cybersecurity startups, once the VC darling, hammered by layoffs

Affirm’s stock plunges as it misses earnings, cuts 500 jobs and shutters crypto unit

Citing economic turbulence, buy now, pay later giant Affirm announced today that it is reducing its staff by 19%, or about 500 employees, and shutting down its crypto unit. That leaves the company with about 2,000 employees. In a written statement, Founder and CEO Max Levchin said that he takes “full responsibility for this decision […]

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N26 adds crypto trading with new Bitpanda integration

N26 adds crypto trading with new Bitpanda integration

Challenger bank N26 is launching a new trading feature in its app — N26 Crypto. Users will be able to easily trade crypto assets using money in their N26 account. Behind the scenes, N26 is partnering with Bitpanda to handle trading and custody. N26 is going to slowly roll out N26 Crypto across Europe. At […]

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TC Sessions: Crypto is in Miami — and 5 more reasons students should go

Only 72 hours left to save hundreds on TC Sessions: Crypto passes

You have more than a month before Miami heats up for TC Sessions: Crypto on November 17, but you have only three days left until our special launch pricing sets sail and heads out to the OpenSea — ha, that’s a pretty NFT pun right there. Don’t waste another minute. Buy your pass — either […]

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Nilos unifies crypto and fiat accounts for small businesses

Nilos unifies crypto and fiat accounts for small businesses

Meet Nilos, a startup that wants to bridge the gap between crypto wallets and traditional business bank accounts. The company provides a dashboard that displays all your transactions — whether those are fiat transactions or crypto payments. From this platform, you can initiate payments and reconcile operations across multiple accounts. The startup raised a $5.2 […]

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Sardine raises $51.5M led by a16z to sniff out fishy fintech transactions

Sardine raises $51.5M led by a16z to sniff out fishy fintech transactions

As fintechs become more efficient, so too do fraudsters. “Faster instant payments mean faster fraud,” Sardine CEO and co-founder Soups Ranjan told TechCrunch. That’s the thesis behind his startup, which uses behavioral, financial and device-specific user data to detect fraud on behalf of its clients in the crypto and fintech industries. Those conditions also mean […]

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TC Sessions: Crypto is in Miami — and 5 more reasons students should go

TC editors weigh in: Tech, trends and controversy in the cryptoverse

There’s never a dull moment in the cryptoverse. Blockchain, DeFi and web3 technologies continue to evolve rapidly in a world of wild extremes. How extreme? Consider these two examples. The Terra ecosystem disappears in a multi-billion-dollar crash-and-burn while traditional investment firm Andreessen Horowitz closes a $4.5 billion crypto megafund. Then you have crypto’s ongoing regulatory […]

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