FTX’s Ex-Fundraiser Moves to Crypto Fund Sino Global
Constance Wang, who helped FTX raise millions of dollars from investors, has left the troubled crypto exchange to join Sino Global Capital, a prominent crypto fund with close ties to FTX’s founder Sam Bankman-Fried. Wang joined FTX in 2019 as its head of business development and was described as Bankman-Fried’s “right hand” in his fundraising […]
Gnosis Unveils Decentralized Crypto Payment Solutions
Gnosis Pay and Gnosis Card are the latest products from the Ethereum-based platform, aiming to bridge the gap between crypto and traditional payments. Read more Gnosis, a platform for decentralized applications on Ethereum, has announced the launch of two innovative products that aim to bring crypto payments to the mainstream: Gnosis Pay and Gnosis Card. […]
ConsenSys Rejects Funding Talk Amid Share Discounts
ConsenSys has dismissed rumors that it is seeking new capital, insisting it has plenty of cash and is not engaged in any formal fundraising effort. ConsenSys, a leading Ethereum software company, was rumored to be fundraising after holding talks with investors over the summer about a potential capital injection. The talks came after a period […]
Celo to Migrate to Ethereum Layer-2 with OP Stack
Celo, a blockchain platform that allows users to generate public keys from phone numbers, has announced plans to migrate to an Ethereum layer-2 network using OP Stack, a modular tooling provided by Optimism. Celo is a blockchain platform that facilitates fast, secure, low-cost mobile phone payments. Celo’s distinctive feature is its ability to generate public […]
EU Officials Dismiss Privacy Fears Over Digital Euro
European authorities are trying to reassure the public that the digital euro, a proposed central bank digital currency, will not be a surveillance tool or a conspiracy. They say the project will be democratic, open, and transparent and will complement cash as a means of payment. The digital euro is a potential digital form of […]