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Latest from Ian Allison
Bumper, a DeFi-Based Crypto Volatility Protection Plan, Raises $10M
The project shields users from crypto’s dips. Under the hood, it’s all about DeFi.

'AWS for Blockchains' Alchemy Closes $80M Funding Round at $505M Valuation
Alchemy powers most of DeFi and almost all the big NFT platforms. The round was co-led by Coatue Management.

Helium to Launch 5G Network With Blockchain-Powered Mesh of DIY Telco Hubs
The number of Helium hotspots has reached 30,000 since 2019, with 200,000 more in the pipeline.

US Bank Selects Cryptocurrency Custodian, Wins Admin Role for NYDIG’s Bitcoin ETF
Asked if NYDIG would be U.S. Bank’s crypto custodian, Senior Vice President Christine Waldron said she was not at liberty to comment.

US Bank, State Street Back $30M Raise for Institutional Crypto Builder Securrency
U.S. Bank could be the proverbial “one to watch” in the digital asset space, says Securrency Chief Strategy Officer Patrick Campos.

Insurance Alternative Nexus Mutual Follows DeFi Activity to Polkadot, Cosmos, Binance Smart Chain
The Ethereum-based platform for covering losses from DeFi hacks and other flubs is expanding to other chains.

Binance’s Tesla, Coinbase Stock Tokens Under Scrutiny From UK Regulator: Report
The Financial Conduct Authority is working with Binance to “understand the product,” according to the FT.

Fireblocks, Celsius Back Zero-Knowledge Credit Scoring for Institutional Crypto Traders
X-Margin’s real-time risk solution is working with crypto hedge fund Dunamis Trading.

BitGo Adds $600M in Insurance Capacity to Comfort Big-Time Bitcoin Holders
Bolstered by a wave of institutional crypto investors, BitGo is in a race against its peers to add insurance coverage.

Mike Novogratz's Galaxy Digital Said to Be in Talks to Buy Crypto Custodian BitGo
A deal between the asset manager and the crypto custodian is close to being finalized, sources tell CoinDesk.
