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CoinFlash
DeFi-Focused Derivatives Platform Hedget Raises $500K in Seed Funding
The round was led by FBG Capital and NGC Ventures, both Asia-based venture firms.

French Judge Orders Trial of Alleged BTC-e Operator Alexander Vinnik
Vinnik will reportedly face charges including defrauding more than 100 people in six French cities from 2016 to 2018.

NetWalker Ransomware Gang Is Storing $7M in Bitcoin in SegWit Cold Storage
The organization that’s encrypting computers and extorting companies has taken to SegWit addresses, according to McAfee and CipherTrace.

Ripple Snaps XRP Sales Slump With $33M of the Crypto Sold in Q2
XRP sales had slumped ever since Ripple paused programmatic sales during Q3 2019.

Travala.com Adds Agoda Hotels, Posts Record July Revenue as Crypto Payments Soar
The Binance-backed travel agency brought in $400,000 in July, a 100% increase from the month before.

Matic Pledges $5M in Tokens to Entice DeFi Projects Into Building on Its Network
Matic wants its incubator fund to incentivize promising DeFi projects to build on its scalable sidechain, rather than directly onto Ethereum itself.

Travel Management Firm CWT Pays Out $4.5M in Bitcoin After Ransomware Attack
The U.S. firm paid out a ransom of 414 bitcoin after its corporate files were locked up by the Ragnar Locker malware.

Crypto Firm Hacked for $1.4M Admits It Will Struggle to Reimburse Users
Madrid-based payment app and card issuer 2gether said it can only reimburse investors with its native tokens following Friday’s hack.

Charlie Lee, Adam Back Lead $3.1M Private Token Raise for Blockchain Game Infinite Fleet
A game developed by Samson Mow's Pixelmatic has completed a $3.1 million private SAFT sale of tokens.

Crypto Hedge Fund Neural Capital Closes After Losing Half Its Money
Neural Capital, a hedge fund that traded cryptocurrency assets, has quietly shuttered.
