Tag: 87m

Dozens of VIP backers invest $87M into crypto payment startup MoonPay

boss

In November 2021, MoonPay announced a $555 million Series A financing round that brought the crypto payment platform’s valuation to $3.4 billion. On Wednesday, the fintech company revealed that $87 million of the total $555 million came collectively from more than 60 public figures and celebrities in the music, sports, media and entertainment industries.  While the Series A round was led by firms like Tiger Global Management and Coatue with participation from Blossom Capital, Thrive Capital, Paradigm and NEA, the following household names are also considered strategic investors: Gwyneth Paltrow,…

Over 60 Celebrities Poured $87M in MoonPay’s Series A Round

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…

Student Coin Already Raised Over $8.7M in STC Sale – Press release Bitcoin News

boss

press release PRESS RELEASE. To bring the crypto area one step forward, a dedicated team developed one of the most intriguing utility tokens that will forever change the way you see crypto – the STC token, available on its dedicated ICO since February 1st. What is an STC token? STC is the core utility token of the Student Coin blockchain project – that makes possible the creation of personalized tokens without strong technical knowledge. Having an account on the platform allows you to create: Personal tokens – unique assets tied…

T-Mobile Sued Over $8.7m Stolen in SIM-Swap Attacks

boss

Reggie Middleton, the chief executive of crypto company Veritaseum, is suing telecommunications provider T-Mobile for allegedly enabling the theft of $8.7 million worth of crypto in a series of SIM-swap attacks. According to filings published on July 22, Middleton was first targeted by SIM-swappers during July 2017. Despite immediately reporting the incident to T-Mobile, Middleton claims to have been the victim of four successful SIM-swaps over the rest of 2017, and further attacks during 2018 and 2019.  The suit accuses T-Mobile of having “abjectly failed” in its responsibility to protect…