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Coinbase files to go public in a key listing for the cryptocurrency category

TechCrunch

This morning Coinbase, an American cryptocurrency exchange, released an S-1 filing ahead of its direct listing. The cryptocurrency exchange generates the vast majority of its revenues from transaction revenues, as anticipated. million in Q4 2020 revenues. Coinbase is going public via direct listing.

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Scamnetic’s $13M Series A to Scale AI-Powered Scam Detection

American Entrepreneurship

This end-to-end solution has positioned the company as a category creator in digital safety. Rather than addressing scams piecemeal, the platform tackles the full lifecycle of fraudfrom detection to user education to victim recovery. As scams evolve, the tools to fight them must evolve faster, said COO Evans.

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Indonesian crypto exchange Pintu gets $6M Series A led by Pantera, Intudo and Coinbase Ventures

TechCrunch

Along with the stock market , cryptocurrency is also seeing an uptick among retail investors in Indonesia. Pintu , a platform focused on first-time cryptocurrency buyers, announced today it has raised a $6 million Series A, led by Pantera Capital, Intudo Ventures and Coinbase Ventures.

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Indonesian crypto trading app Pintu scores $113M Series B

TechCrunch

The cryptocurrency-focused app has raised a $113 million Series B from Intudo Ventures, Lightspeed, Northstar Group and Pantera Capital. The app is geared toward first-time cryptocurrency investors, primarily Gen Z and millennials with features like Pintu Academy, an educational program. Pintu is registered and licensed by Bappepti.

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Neobroker Bitpanda raises $170M at a $1.2B valuation to take its trading platform beyond crypto

TechCrunch

One of the bigger startups in Europe operating a trading platform for cryptocurrency has closed a big round of funding on the heels of very rapid growth, and plans to open its platform to a wider stream of assets. As investors and founders mature, Vienna emerges as a European startup hub.

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Former Binance executives launch $100M crypto fund

TechCrunch

A group of former executives from Binance , one of the largest cryptocurrency exchanges globally, has created a $100 million venture fund, the team told TechCrunch on Thursday. Zhang echoed that, noting that market downturns provide investors looking to deploy capital into the space with clarity on which bets to make.

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Crypto API provider Conduit wants to be the Stripe of decentralized finance

TechCrunch

Investors in DeFi products can earn yield on their capital by lending out their cryptocurrency in exchange for interest. . Gertman declined to name specific Conduit customers, but said they fall into two categories – neobanks and small cryptocurrency exchanges, particularly in regions like Latin America.