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Crypto Exchange
Mara CEO on Raising $23M to Spread Crypto Adoption Across Africa
Pan-African centralized crypto exchange Mara raised $23 million in a funding round led by Coinbase Ventures, Alameda Research and others to boost crypto adoption across Africa. CEO Chi Nnandi shares his insights into the raise, discussing the benefits and hurdles for crypto integration in Africa.
Coinbase Shares Plunge as Weak Earnings Prompt Near-Term Caution
Shares of Coinbase Global (COIN) tumbled nearly 25% Wednesday after the crypto exchange reported disappointing first-quarter earnings. Still, CEO Brian Armstrong tweeted his company is in no danger of bankruptcy, and that its latest SEC filing is simply a requirement. “The Hash” hosts discuss the outlook for Coinbase amid a sour mood in the markets.
Mara Raises $23M From Coinbase, Alameda to Spread Crypto Adoption Across Africa
The exchange is holding Web 3 hackathons and launching products in a pan-African campaign.
How the Crypto Industry Cultivates Trust
It’s the hard work of analysis, not the flashy marketing gimmicks, that drive much of the asset class’s growth.
Kraken Receives UAE License to Operate as a Regulated Crypto Exchange
The exchange joins several counterparts plotting moves to or gaining licenses in the United Arab Emirates.
First Mover Asia: A Year After Coinbase's IPO, Most Listed Crypto Firms Are Under Water Compared With Bitcoin's Performance; BTC Retreats From $42K
Fed Chair Jerome Powell suggested a series of interest-rate increases that might be higher than the usual 0.25 percentage point.
Bitfinex Exchange Back Online After ‘Issues’ Cause 2-Hour Outage
The platform underwent maintenance after trading was halted.
Crypto Exchange KuCoin Launches $100M Fund for NFT Creators
The money will be used for early-stage projects.
Binance.US Raises First Funding Round at $4.5B Valuation
The $200 million fundraise will be used to ramp up marketing ahead of a public listing in “the next two to three years,” a spokesperson said.
Former Binance CFO Wei Zhou Buys Coins.ph: Report
Indonesia-based technology company Gojek was the seller of the Philippines-based crypto exchange and wallet provider.
