Quick Take
- Visa builds on 2020 momentum with new deals to power BlockFi’s bitcoin rewards credit card and Circle API integrations to support USDC for B2B transactions
Quick Take
- Over the past three months, we have identified at least 36 DeFi applications that received funding for their projects
- In aggregate, roughly $100 million was allocated to DeFi projects, with an average deal size of approximately $3 million, and a median deal size of $1.8 million
- One of the most dominant trends or 25% of all investment deals was providing capital to applications that are either being built on protocols other than Ethereum or providing an interoperable bridge to other protocols
The department wants state and federal regulators to keep a vigilant watch on digital asset innovation.
OMG helps speed transactions and lower fees on the Ethereum by handling transactions off-chain,
Payments processor Stripe is teaming up with banks like Goldman Sachs, Citigroup, and Barclays to provide checking accounts and other banking services, reports the Wall Street Journal. See also: Stripe to Pay $120,000 in PlexCoin ICO Settlement With Massachusetts Attorney General
Layer-2 Ethereum scaling solution OMG Network has been acquired by Genesis Block Ventures (GBV).
The post Layer-2 Ethereum scaling solution OMG Network gets acquired by a venture firm appeared first on The Block.
The Ethereum 2.0 staking contract continues to attract deposits, even after the beacon chain was launched last week.
The post Over 1 million ETH, worth more than $605 million, has been staked in the Eth2 contract appeared first on The Block.
The world’s largest audio streaming service is on the hunt for a new associate director to lead its activity within the Libra stablecoin project.
Coinbase has joined Square’s Crypto Open Patent Alliance (COPA), a consortium that aims to level the playing field for crypto developers.
The post Coinbase joins Square’s crypto patent effort COPA appeared first on The Block.
Spotify is seeking a new associate director to lead its payments strategy team to further the streaming service’s involvement in digital assets and cryptocurrencies.
The post Spotify wants to hire an associate director to lead payments team involved with internal crypto efforts appeared first on The Block.
