Crypto News
Crypto Millionaire Believes Coinbase Data Leak Will Lead to Deaths
Michael Arrington, co-founder of Arrington Capital, a Web3 venture capital company that has invested in over 200 projects since 2017, has severely criticized the recent data leak involving Coinbase’s customers. Arrington, also a Coinbase investor, stated that the human cost of this mistake will be much higher than the $400 million said to be reimbursedSource link
Bitcoin on Track to Hit $500K as Government Entities Increase MSTR Holdings: Standard Chartered
In the first quarter, U.S. retirement funds in California and New York, among other states, bought MicroStrategy shares.Source link
Bitget Wallet Unveils Brand Update, $1M Incentive Campaign
Bitget Wallet has introduced a new brand identity and launched a $1 million campaign aimed at encouraging broader use of its crypto wallet services. Bitget Wallet Adds New UI, Campaign Targeting User Engagement The update includes a revised logo and interface changes described as more user-friendly. Bitget Wallet, a non-custodial crypto platform, said it nowSource link
Coinbase Data Breach Will ‘Lead to People Dying,’ TechCrunch Founder Says
Michael Arrington argued that executives should be jailed if they don’t “adequately protect” sensitive user data.Source link
True Markets Raises $11M in Series A, Launches Mobile-First DeFi Trading App on Solana
True Markets, a new decentralized finance (DeFi) trading platform focused on stablecoin-native execution, has launched its mobile app on Solana and closed an $11 million Series A, bringing total funding to $20 million, the company said in a press release Tuesday.The funding round was co-led by Accomplice and RRE Ventures, with participation from Reciprocal Ventures, Variant Fund, and PayPal Ventures.Seed investors Paxos Ventures and the Solana Foundation, continue to support the firm, True Markets said.Founded by Coinbase (COIN) and Circle veterans Vishal Gupta and Patrick McCreary, New York-based True Markets aims to deliver a non-custodial, mobile-first DeFi trading experience for retail users, prioritizing speed, simplicity, and transparency. The app enables stablecoin-powered token trading on Solana, with gasless execution, smart order...