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Decentralized exchange DexGuru raises $1 million in SAFT sale

Decentralized exchange DexGuru raises $1 million in SAFT sale

Decentralized exchange startup DexGuru has raised $1 million in a seed funding round.

The post Decentralized exchange DexGuru raises $1 million in SAFT sale appeared first on The Block.

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1Q’21 crypto public markets overview: capital formation and relative valuations

Quick Take

  • Introducing The Block Research new comp sheet for the crypto equity and governance token universe.
  • In 1Q’21 nearly $2 billion was raised through public capital markets activity, largely driven by PIPEs.
  • Public crypto companies in 2021 have raised 10x the amount of capital vs 2020 raises.
  • Coinbase is currently trading at 14x the current street consensus 2021 revenue estimate of $4.84B. That’s a meaningful discount to the 24-25x FY’21 revenue multiples that both Silvergate and Voyager currently command.

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Polkadot

Polkadot USD price, real-time (live) charts, DOT crypto and videos. Learn about DOT value, Polkadot news, crypto trading and more.

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WeWork now accepts bitcoin for payments, will hold on balance sheet

Commercial real estate company WeWork now accepts bitcoin and other cryptocurrencies for payments.

The post WeWork now accepts bitcoin for payments, will hold on balance sheet appeared first on The Block.

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PayPal’s Venmo now allows users to buy and sell crypto

Venmo has officially launched the service to let its users buy, hold and sell crypto assets within its mobile app.

The post PayPal’s Venmo now allows users to buy and sell crypto appeared first on The Block.

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Former top banking regulator Brian Brooks to become CEO of Binance.US

Former top banking regulator Brian Brooks is set to become CEO of Binance.US. 

The post Former top banking regulator Brian Brooks to become CEO of Binance.US appeared first on The Block.

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Nasdaq to list options for Coinbase stock

Exchange giant Nasdaq is set to list options contracts for Coinbase stock on Tuesday.

The post Nasdaq to list options for Coinbase stock appeared first on The Block.

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Gary Gensler is now head of the SEC. What comes next?

Predicting the SEC’s next few years based on Gensler’s track record with crypto and elsewhere.

The post Gary Gensler is now head of the SEC. What comes next? appeared first on The Block.

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Much institutionalization? Dogecoin’s surge has been fueled by more than just retail traders

Quick Take

  • Dogecoin has surged over the last few months as retail traders flock to the popular meme coin.
  • In some corners of the market, there are signs of institutionalization. 

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Bitcoin’s monthly on-chain transaction volume saw a record high in March

March also marks the third consecutive month in which adjusted on-chain volume for Bitcoin reached record highs.

The post Bitcoin’s monthly on-chain transaction volume saw a record high in March appeared first on The Block.

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