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Crypto News

Blockchain Startup Swash Raises $4M to Make Data Monetization Click

Swash, a blockchain startup that allows internet users to own their data and earn money from it, raised $4 million in a funding round led by KuCoin, Outlier Ventures and Streamr. The funding round, which was announced Monday, will drive the Swash data-monetization browser extension and help expand a “Data Union” marketplace protocol. Swash also […]

Crypto News

Kentucky Issues Cease-and-Desist Order Against Celsius Network

Celsius Network has drawn the ire of Kentucky’s securities regulator in the latest legal move by a U.S. state against the crypto startup and its lending products. In a filing Thursday, the state’s Division of Securities, part of the Kentucky Department of Financial Institutions, issued a cease-and-desist order against the startup over its “Earn Interest […]

Crypto News

What Is DeFi?

DeFi is short for “decentralized finance,” an umbrella term for a variety of financial applications in cryptocurrency or blockchain geared toward disrupting financial intermediaries. DeFi draws inspiration from blockchain, the technology behind the digital currency bitcoin, which allows several entities to hold a copy of a history of transactions, meaning it isn’t controlled by a […]

Crypto News

Ex-ConsenSys Ventures Head Kavita Gupta Raising Over $50M for New Fund

Daniel Novy, another ex-ConsenSys employee who has been in the crypto industry since 2010, will support Gupta as a venture partner. Vince Molinari, former CEO of Templum Markets, will support Gupta and Novy on regulatory issues, “bridging the gap of regulatory understanding at a very early stage, which is unique to pre-seed or seed stage […]

Crypto News

Bakkt to Go Public Next Month After SEC OKs SPAC Plans

Bakkt Holdings and VPC Impact Acquisition Holdings (VIH) have received approval from the U.S. Securities and Exchange Commission to complete their merger and push forward with plans to operate as a single publicly traded entity, the companies said in an announcement Friday.

Crypto News

Some Filipino Merchants Prefer Payment in Axie’s SLP

Inside SM Aura, one of Metro Manila’s many sprawling shopping malls, you’ll find a wonderfully whimsical “co-baking” space called Bakebe. Pronounced Bake-be, the idea is borrowed from a concept store in Hong Kong that uses an app to teach guests how to bake the cake of their dreams. Upon arrival, you’re greeted by a gaggle […]

Crypto News


CoinDesk Indices are the industry standard for institutional single- and multi-asset benchmarks for crypto assets. The flagship CoinDesk Bitcoin Price Index (XBX) has been in operation continuously since 2014. Financial institutions rely on the XBX and other CoinDesk Indices products to benchmark billions of dollars in assets under management and to price hundreds of millions […]