Coinbase

Tines Raises $55 Million Through Series B Extension Led by Felicis

Retrieved on: 
Tuesday, October 4, 2022

DUBLIN, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Tines , the no-code automation platform for security teams, today announced it has extended its Series B financing round with an additional close of $55 million (55 million) led by Felicis , bringing the total Series B amount raised to $81 million.

Key Points: 
  • DUBLIN, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Tines , the no-code automation platform for security teams, today announced it has extended its Series B financing round with an additional close of $55 million (55 million) led by Felicis , bringing the total Series B amount raised to $81 million.
  • "We are excited to be partnering with Eoin, Thomas, and the Tines team in their next phase of growth," said Aydin Senkut, Founder and Managing Partner of Felicis.
  • Felicis led the extension as a new Tines investor, while existing investors Accel, Blossom Capital, Addition, and Lux Capital also participated.
  • The initial Series B close of $26 million, led by Addition, was announced in April 2021.

Blockchain Founders Fund Backs Token Management Platform Magna

Retrieved on: 
Tuesday, October 4, 2022

SINGAPORE, Oct. 4, 2022 /PRNewswire/ -- Blockchain Founders Fund (BFF), a Singapore-based Venture Capital Fund that focuses on early-stage Web3 and blockchain startups globally has invested in Magna, a token management platform which raised a $15M seed round at a $70 million valuation led by venture capital firms Tiger Global and Tusk Venture Partners. Founded by CEO Bruno Faviero and CTO Arun Kirubarajan, Magna will use the funding to further expand the platform's token management features and functionalities, and further expand the team.

Key Points: 
  • Tobias Bauer , Principal of Blockchain Founders Fund said, "Founders and investors of decentralized applications have long struggled with the process surrounding token issuance which is still highly manual and time-consuming.
  • Bruno and his team at Magna are building a platform that will expedite token management for founders and investors, thus bringing about much-needed efficiency in the Web3 space."
  • Blockchain Founders Fund (BFF) is a Singapore based early-stage Venture Capital Fund which invests in top-tier Blockchain startups globally.
  • BFF has scaled many of the leading Blockchain startups and is always looking to connect with exceptional founders across the Web3 and Blockchain ecosystems.

Leading Solo VC K2 Global Raises $300 Million to Invest in Start-ups Globally

Retrieved on: 
Tuesday, October 4, 2022

SINGAPORE, Oct. 4, 2022 /PRNewswire-PRWeb/ -- K2 Global (http://www.k2global.co), a venture capital firm focused on early-stage companies, today announced the expansion of its business, and $300 million of committed capital to invest in promising technology start-ups globally. An early investor in Singapore's tech ecosystem, K2 made its first investment in a Miami based start-up, MoonPay - a global payment solution provider for cryptocurrency. K2 Global's long track record of successful investments include 18 IPOs and more than 50 portfolio companies such as Uber, Spotify, Airbnb, Coinbase, Warby Parker, Impossible Foods, Oatly, Allbirds, Palantir, Scopely, and Paytm.

Key Points: 
  • SINGAPORE, Oct. 4, 2022 /PRNewswire-PRWeb/ -- K2 Global ( http://www.k2global.co ), a venture capital firm focused on early-stage companies, today announced the expansion of its business, and $300 million of committed capital to invest in promising technology start-ups globally.
  • An early investor in Singapore's tech ecosystem, K2 made its first investment in a Miami based start-up, MoonPay - a global payment solution provider for cryptocurrency.
  • K2 Global will continue to invest in fintech, foodtech, consumer tech, deep tech, machine learning and artificial intelligence.
  • The expansion is supported by K2 Global's first Miami based investment in the fintech company MoonPay, a global payment solution provider for cryptocurrency.

Wafini NFT Marketplace Set To Launch On Cardano, Kicks Off Seed Token Sale To Early Adopters

Retrieved on: 
Tuesday, October 4, 2022

Valletta, Malta, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Wafini , a Cardano NFT marketplace on a mission to facilitate a DAO Powered NFT Marketplace on Cardano has kicked off the initial seed round for early adopters.

Key Points: 
  • Valletta, Malta, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Wafini , a Cardano NFT marketplace on a mission to facilitate a DAO Powered NFT Marketplace on Cardano has kicked off the initial seed round for early adopters.
  • The Wafini marketplace is set to launch within the fourth quarter of 2022.
  • This will come after the Wafinis test-net that will be made available only to $WFI Token and Wafini Genesis NFT policy ID holders.
  • Early adopters can join the $WFI Token Seed Sale here: https://sale.wafini.app/
    To become a member of Wafini DAO, each participant has to acquire and stake $WFI Tokens and Wafini Genesis Passport NFTs
    You can join the Wafini seed sale in 3 simple steps.

Chainwire: DeSo is Elon Musk and Jack Dorsey’s Answer for Decentralized Social Blockchain

Retrieved on: 
Monday, October 3, 2022

Jack Dorsey and Elon Musk's Messages call for a decentralized social media blockchain: DeSo could be the answer.

Key Points: 
  • Jack Dorsey and Elon Musk's Messages call for a decentralized social media blockchain: DeSo could be the answer.
  • We can solve this problem by decentralizing social media and storing all content on a blockchain.
  • The roadmap release comes as new messages emerge between Elon Musk and Jack Dorsey, showing his idea for a blockchain-based social media protocol that does payments and short text messages.
  • DeSo is a new layer-1 blockchain built from the ground up to decentralize social media and scale storage-heavy applications to billions of users.

USDC Will Integrate With Decentralized Social to Bring Web3 to The Masses

Retrieved on: 
Monday, October 3, 2022

The integration will allow millions of existing MetaMask and Ethereum users to onboard onto decentralized social apps with USDC, and message one another using gas-less end-to-end encrypted on-chain messages powered by DeSo.

Key Points: 
  • The integration will allow millions of existing MetaMask and Ethereum users to onboard onto decentralized social apps with USDC, and message one another using gas-less end-to-end encrypted on-chain messages powered by DeSo.
  • The onboarding process is simple: Users can deposit USDC from MetaMask onto DeSo apps, and receive a DeSo-native stablecoin called DesoDollar.
  • This financial bridge from Ethereum to DeSo will also allow developers to build web3 social apps for the first time.
  • In a world where many are dissatisfied with traditional social media, USDC and DeSo offer a decentralized solution that can finally compete with web2 juggernauts.

Investor Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Coinbase Global, Inc. (COIN) Investors of Class Action and to Actively Participate

Retrieved on: 
Monday, October 3, 2022

Such investors are encouraged to join this case by visiting the firms site: www.bgandg.com/coin .

Key Points: 
  • Such investors are encouraged to join this case by visiting the firms site: www.bgandg.com/coin .
  • The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Companys business, operations, and compliance policies.
  • or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484.
  • Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Coinbase, Carvana, Kiromic, and LifeStance and Encourages Investors to Contact the Firm

Retrieved on: 
Monday, October 3, 2022

The Class Period begins on April 14, 2021, to coincide with the Companys initial listing of common stock on the NASDAQ (the Direct Listing).

Key Points: 
  • The Class Period begins on April 14, 2021, to coincide with the Companys initial listing of common stock on the NASDAQ (the Direct Listing).
  • However, the truth began to emerge on May 10, 2022, when Coinbase filed its first quarter 2022 financial report with the SEC.
  • For more information on the LifeStance class action go to: https://bespc.com/cases/LFST
    About Bragar Eagel & Squire, P.C.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

COINBASE DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Coinbase Global, Inc. and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, October 1, 2022

Throughout the Class Period, Defendants continued to tout Coinbase’s strength as a crypto custodian and commitment to regulatory compliance, in addition to denying that Coinbase engaged in any proprietary trading. For example, during a Goldman Sachs financial services conference on December 7, 2021, Defendant Emilie Choi—the Company’s President and Chief Operating Officer—emphasized the Company’s firm policy against proprietary trading, explaining: “I mean I think it’s kind of obvious in a way. It’s just people don’t want to feel like you’re trading -- institutions don’t want to feel like you’re going to be trading against them. And so we’ve always had a clear line about not doing that.”

Key Points: 
  • Investors have until October 3, 2022 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • Coinbases common stock trades in the United States on the NASDAQ under the ticker symbol COIN.
  • The Class Period begins on April 14, 2021, to coincide with the Companys initial listing of common stock on the NASDAQ (the Direct Listing).
  • However, the truth began to emerge on May 10, 2022, when Coinbase filed its first quarter 2022 financial report with the SEC.

DeSo is Elon Musk and Jack Dorsey's Answer for Decentralized Social Blockchain

Retrieved on: 
Friday, September 30, 2022

LOS ANGELES, Sept. 30, 2022 /PRNewswire/ -- The DeSo Foundation announces the release of their ambitious roadmap to decentralize social media and build The Social Layer of Web3.

Key Points: 
  • Jack Dorsey and Elon Musk's Messages call for a decentralized social media blockchain: DeSo could be the answer.
  • "Most people don't realize that social media is more centralized than the financial system was when Bitcoin was invented.
  • Additionally, there was a conversation between Elon Musk and Sam Bankman-Fried, founder of FTX, about making a blockchain Twitter or buying Twitter outright.
  • DeSo is a new layer-1 blockchain built from the ground up to decentralize social media and scale storage-heavy applications to billions of users.