CoinFlash


Finance

Lightning Startup Zap Raised $3.5M for Bitcoin App Ahead of Visa Deal

The Lightning startup Zap Inc. just raised its first round to build out both mobile bitcoin wallet services and a Visa partnership in 2020.

Zap founder Jack Mallers speaks at the 2019 Lightning Conference in Berlin. (Will Foxley/CoinDesk archives)

Policy

ConsenSys Accused of Stealing Payment Startup’s Code for Rival Service

BlockCrushr claims investor ConsenSys abused its position of trust to gain access to its source code and create an alternative offering.

ConsenSys CEO Joseph Lubin (CoinDesk archives)

Markets

Microsoft Partners With Waves Enterprise to Tokenize Industrial Assets

The five-year agreement will see Microsoft and Waves collaborate on a possible asset tokenization platform for company equipment.

(Shutterstock)

Markets

OKCoin Joins Coinbase in Supplying Oracle Feed for DeFi Project Compound

OKCoin says its regulated status and liquidity mean users will be able to trust that its data feed will be accurate and reliable.

OKCoin Japan's team (OKCoin Japan)

Markets

Man Charged With Defrauding $4.5M in Crypto to Fund Gambling Habit

The New York man asked investors for loans for what he called a low-risk investment, but the DOJ said most of the money was sent to offshore gambling sites.

(Shutterstock)

Finance

Binance CEO Criticizes Twitter Security After Coordinated Attack on Prominent Accounts

Talking to CoinDesk at the World Blockchain Summit Asia on Thursday, Changpeng "CZ" Zhao called Twitter's security "weak" after a wave of account breaches Wednesday.

Binance CEO Changpeng "CZ" Zhao

Markets

Chainalysis Says Bitcoin Scammed From Twitter Users Is 'On the Move'

The bitcoin amassed during Wednesday’s monumental Twitter hack is already “on the move,” according to cryptocurrency tracing firm Chainalysis.

shutterstock_1545259322

Tech

Twitter Hack Takes Down Joe Biden, Elon Musk Accounts in Widespread Bitcoin Scam Attack

Hackers pumping a crypto giveaway scam appear to have compromised the Twitter accounts of leading exchanges, individuals and at least one news org.

The 17-year-old hacker suspect faces 30 felony charges. (Twitter.com)

Markets

The Bahamas Edges Closer to Hurricane-Proof Digital Currency

The Bahamas is betting its mobile phone-based digital currency could be the key to faster post-disaster economic recovery.

While Hurricane Dorian knocked out the Bahamas' banks for months, the cell network was back up in days. (Paul Dempsey/Shutterstock)

Finance

Three Arrows, Framework Invest in DeFi Site Aave With $3M LEND Token Sale

Framework Ventures and Three Arrows Capital announced a $3 million investment in Aave, the firm behind the third-largest lending platform in DeFi.

Stani Kulechov, founder and CEO of Aave, speaks at Consensus 2019.