Coinbase

Introducing Favoom – Where Social Networking Meets Blockchain Innovation

Retrieved on: 
Monday, December 11, 2023

Eindhoven, The Netherlands, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Favoom has launched the first-ever, fully decentralized, and Web3-integrated social media service, combining digital networking with the benefits of blockchain technology.

Key Points: 
  • Eindhoven, The Netherlands, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Favoom has launched the first-ever, fully decentralized, and Web3-integrated social media service, combining digital networking with the benefits of blockchain technology.
  • The Social Finance (SocialFi) movement is rapidly gaining momentum, and Favoom is one of the projects spearheading its surge.
  • Favoom functions as an all-encompassing, blockchain-based social media service where users can choose their communities based on tokens, topics, and languages.
  • Favoom is among the leading Social Finance (SocialFi) projects, blending finance with social networking.

Hack Taipei boasts Taiwan’s blockchain talent and global ties

Retrieved on: 
Friday, December 8, 2023

Taipei, Taiwan, Dec. 07, 2023 (GLOBE NEWSWIRE) -- To capitalize on the bullish trend in the blockchain and crypto space, major industry players in Taiwan including Orderly Network and Radiance Ventures, are co-hosting the 'Hack Taipei' event.

Key Points: 
  • Taipei, Taiwan, Dec. 07, 2023 (GLOBE NEWSWIRE) -- To capitalize on the bullish trend in the blockchain and crypto space, major industry players in Taiwan including Orderly Network and Radiance Ventures, are co-hosting the 'Hack Taipei' event.
  • “We anticipate over 800 global participants for Hack Taipei as we aim to establish Taiwan as a prominent hub for blockchain growth in Asia, striving for a global impact.
  • Taiwan's rich talent pool and its status as a home for major tech companies underscore our robust global connections.
  • Join us at Hack Taipei and be a part of shaping the future of blockchain technology!

QuantGate Systems Inc. Announces API Connection to Coinbase Exchange, Enhancing Crypto Trading Opportunities for Pilot Trading

Retrieved on: 
Tuesday, November 28, 2023

As the crypto market continues to experience exponential growth, this strategic connection through the Coinbase Exchange API propels QuantGate and its flagship product, Pilot Trading, into an even stronger position within the burgeoning crypto trading ecosystem.

Key Points: 
  • As the crypto market continues to experience exponential growth, this strategic connection through the Coinbase Exchange API propels QuantGate and its flagship product, Pilot Trading, into an even stronger position within the burgeoning crypto trading ecosystem.
  • QuantGate's Pilot Trading platform will extend its capabilities to analyze and provide real-time insights via Pilot Trading.
  • Crypto trading has emerged as one of the most exciting and dynamic categories analyzed by Pilot Trading.
  • Commenting on this important capability, QuantGate Systems Inc.'s CEO, Allan Bezanson, stated, “We are thrilled to add the Coinbase Exchange API to our unique AI-driven Pilot Trading.

BTCS Reports Q3 2023 Results

Retrieved on: 
Friday, November 10, 2023

Silver Spring, MD, Nov. 10, 2023 (GLOBE NEWSWIRE) -- BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”), a blockchain technology-focused company, announced its results for the third quarter ending September 30, 2023 (“Q3 2023”).

Key Points: 
  • Silver Spring, MD, Nov. 10, 2023 (GLOBE NEWSWIRE) -- BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”), a blockchain technology-focused company, announced its results for the third quarter ending September 30, 2023 (“Q3 2023”).
  • Q3 2023 revenue decreased 18% from Q2 2023 and 8% from Q3 2022 as a result of depressed crypto asset prices, particularly impacting Ethereum (ETH) and Cosmos (ATOM), our two highest earning staked tokens.
  • Gross margins improved slightly to 74% for Q3 2023 compared to 71% for Q2 2023, with gross margins of 72% for the first nine months of 2023.
  • Net loss for Q3 2023 decreased to $0.6 million ($0.04 per share) compared to $1.0 million ($0.07 per share) for Q2 2023 and $1.0 million ($0.08 per share) for Q3 2022.

Andalusia Labs Secures $48 Million in Series A Funding at $1 Billion Valuation, Opens Global HQ in Abu Dhabi

Retrieved on: 
Wednesday, December 13, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231213003404/en/
    Andalusia Labs Secures $48 Million in Series A Funding at $1 Billion Valuation, Opens Global HQ in Abu Dhabi (Photo: AETOSWire)
    In conjunction with the round, Andalusia Labs announced the establishment of its global headquarters in Abu Dhabi’s Financial Center, Abu Dhabi Global Markets.
  • “Andalusia Labs is addressing one of the most significant challenges in the blockchain industry today," said Ravi Mhatre, Partner at Lightspeed Venture Partners.
  • Andalusia Labs intends to utilize the funds to accelerate product development, enhance institutional partnerships, and continue global expansion.
  • The opening of their global headquarters in Abu Dhabi will catalyze their global scaling efforts and strategically position the company for unparalleled growth.

Self-Custody Bitcoin Wallet Bitkey, Built by Block, Inc., Launches Globally, Widening Access to True Financial Ownership

Retrieved on: 
Thursday, December 7, 2023

Today, the vast majority of the millions of bitcoin owners1 keep their bitcoin in the custodial platforms or exchanges where they bought it, leaving them under the control of the custodian.

Key Points: 
  • Today, the vast majority of the millions of bitcoin owners1 keep their bitcoin in the custodial platforms or exchanges where they bought it, leaving them under the control of the custodian.
  • Built by the Proto team at Block, Bitkey is now available for pre-orders2 at bitkey.world , with shipping starting in early 2024.
  • Importantly, because Bitkey only has access to one, not two or three keys in this 2-of-3 multi-signature wallet, Bitkey cannot access or move a customer’s bitcoin without them.
  • More information on our partner integrations can be found in our blogpost ‘Welcoming our first global partners: Coinbase and Cash App’ .

OptiMargin Integrates with Nodal Clear

Retrieved on: 
Friday, November 17, 2023

OptiMargin, a leading Independent Software Vendor and a pioneer in margin calculation and replication, proudly announces the successful completion of its comprehensive margin replication with Nodal Clear, the clearing house for Nodal Exchange and Coinbase Derivatives Exchange.

Key Points: 
  • OptiMargin, a leading Independent Software Vendor and a pioneer in margin calculation and replication, proudly announces the successful completion of its comprehensive margin replication with Nodal Clear, the clearing house for Nodal Exchange and Coinbase Derivatives Exchange.
  • “The professionalism, pioneering expected shortfall methodology and margin model transparency made working with the Nodal team a pleasure,” Said Phil Motuzko, OptiMargin CTO.
  • Their innovative approach to margin replication aligns perfectly with our goal of increasing accessibility and efficiency for our users,” said Huan Zhang, Chief Risk Officer of Nodal Clear.
  • OptiMargin's integration with Nodal Clear is set to enhance the way traders and risk managers interact with daily margin requirements, positioning OptiMargin as the premier choice for those seeking a dependable and forward-thinking margin solution.

Extropic Secures $14.1 Million in Seed Funding to Propel Novel Physics-Based Computing Paradigm

Retrieved on: 
Tuesday, December 12, 2023

Extropic is at the forefront of a groundbreaking initiative to redefine computation through a novel full-stack paradigm of physics-based computing.

Key Points: 
  • Extropic is at the forefront of a groundbreaking initiative to redefine computation through a novel full-stack paradigm of physics-based computing.
  • Extropic's computing paradigm is built on the principles of out-of-equilibrium thermodynamics, aiming to seamlessly merge generative AI with the fundamental physics of the world.
  • Extropic is thrilled to announce the successful closure of its Series Seed round, raising $14.1 million.
  • The company looks forward to utilizing the Seed capital to accelerate the advent of its revolutionary computational paradigm.

Linqto Soars to 500K Users in Over 110 Countries

Retrieved on: 
Tuesday, December 12, 2023

SAN JOSE, Calif., Dec. 12, 2023 /PRNewswire/ -- Linqto, the world's first financial technology investment platform democratizing access to private markets for accredited investors, today announced the surpassing of several platform milestones, showcasing the company's long-term, sustainable growth. Founded in 2020, Linqto now has over 500,000 users across 110 countries and has invested over $300M in upwards of 50 companies.

Key Points: 
  • Founded in 2020, Linqto now has over 500,000 users across 110 countries and has invested over $300M in upwards of 50 companies.
  • Linqto strives to provide a superior user experience that continuously innovates and enhances offerings to meet the needs of customers in this rapidly evolving investment environment.
  • Users on the Linqto platform have seen several liquidity events through public offerings or acquisitions for companies such as Coinbase, Robinhood, NerdWallet, SoFi, Marqeta and Innovium.
  • To learn more about Linqto and its services, visit www.linqto.com .

Haven Tower Group Expands West and East Coast Teams with Additions of Brandon Blackwell and Paul Menchaca

Retrieved on: 
Thursday, November 30, 2023

LOS ANGELES, Nov. 30, 2023 /PRNewswire/ -- Haven Tower Group LLC ("Haven Tower" or "the firm"), the leading strategic communications agency for the wealth management industry, today announced the additions of Brandon Blackwell and Paul Menchaca as Principals, marking an expansion of the firm's senior professional team.

Key Points: 
  • LOS ANGELES, Nov. 30, 2023 /PRNewswire/ -- Haven Tower Group LLC ("Haven Tower" or "the firm"), the leading strategic communications agency for the wealth management industry, today announced the additions of Brandon Blackwell and Paul Menchaca as Principals, marking an expansion of the firm's senior professional team.
  • Mr. Blackwell and Mr. Menchaca will be based in Seattle and New York, respectively.
  • A multiple award-winning and full-service agency, Haven Tower delivers public relations, marketing communications and brand strategy to wealth management enterprises nationwide and the businesses that support them.
  • "We're delighted to welcome Brandon and Paul," said Joe Kuo, CEO & Founder of Haven Tower.