Only 150 transactions were made on day one of Coinbase"s NFT marketplace
The U.S.'s largest cryptocurrency exchange has just entered the NFT market...and it couldn't have come at a worse possible time.Coinbase launched its NFT marketplace to the public on Wednesday, allowing anyone to sign up on the new platform. Day one.....»»
Sneaker marketplace GOAT hits $3.7 billion valuation in Series F raise
Sneaker and streetwear empire GOAT just doubled its valuation in a massive new raise. The GOAT Group parent company shared today that it has raised $195 million in a Series F raise valuing the fashion giant at some $3.7 billion. The raise was led by.....»»
Blockchain.com Will Let People Use Human-Readable Usernames In Blockchain Transactions
An anonymous reader quotes a report from VentureBeat: Blockchain.com will let people use human-readable usernames in blockchain transactions thanks to a partnership with Unstoppable Domains. San Francisco-based Blockchain.com now supports Unstoppable.....»»
SmartAsset rethinks financial advisory, and becomes a unicorn in the process
SmartAsset, a marketplace that connects consumers to financial advisors, announced today that it has raised $110 million in a Series D round of funding. The financing values New York-based SmartAsset at over $1 billion, and brings its total raised si.....»»
Monero Emerges As Crypto of Choice For Cybercriminals
An anonymous reader quotes a report from Ars Technica: While bitcoin leaves a visible trail of transactions on its underlying blockchain, the niche "privacy coin" monero was designed to obscure the sender and receiver, as well as the amount exchanged.....»»
Instagram CEO Says Facebook Will Help Users Get Around Apple"s Cut of Transactions
An anonymous reader quotes a report from CNBC: Facebook is setting its sights on the creator economy, hoping to allow millions of people to make a living off its family of apps. But the company wants to promote offline transactions between creators a.....»»
RSA spins off fraud and risk intelligence unit as Outseer
RSA Security has spun out its fraud and risk intelligence business into a standalone company called Outseer that will double down on payment security tools amid an “unprecedented” rise in fraudulent transactions. Led by CEO Reed Taussig,.....»»
ShelfLife, a marketplace for raw materials, raises $3 million seed round
Two years ago, Lillian Cartwright teamed up with some fellow Harvard Business School students to launch a new spiked seltzer brand called Astrid. Despite all the tools that make launching a D2C brand easier than it’s ever been, the team ran int.....»»
Storage Industry Reacts to HPE-Nimble Deal
Industry players share their thoughts on an acquisition that sees HPE plucking another independent storage provider out of the marketplace......»»
Will the New Nokia 3310 be a Success?
With Nokia poised to release a new, upgraded version of the iconic 3310 handset, opinion in the marketplace has been polarised. While the device has been subjected to ten-times more pre-registration interest than any other flagship handset so far in.....»»
Get thrifty, and your startup might just acquire a generation
Etsy, a marketplace for kitschy and creative DIY goods, acquired Depop, a hippy and thrifty marketplace for resale goods, for $1.625 billion this week. So, today we’ll discuss the tale of two marketplaces, a deal that has given us a peek into the e.....»»
Fashion wholesale marketplace Joor opens China office
Joor, an online marketplace that connects fashion brands and retailers around the world, has opened its first China office in downtown Shanghai as it eyes growth in the region. The 11-year-old New York-based company works as a virtual showroom for br.....»»
Etsy acquires Depop for $1.6 billion, doubling their ante in the e-fashion arena
Folk art and fashion found a home online in Etsy, an online marketplace for small-time artisans to hawk their wares. The company announced plans to purchase Depop, a site dedicated to users selling secondhand clothing......»»
Etsy asks, ‘How do you do, fellow kids?’ with $1.6B Depop purchase
Why is Etsy willing to pay more than 23x Depop's 2020 revenues? It is buying Gen Z love. The news this morning that e-commerce marketplace Etsy will buy Depop, a startup that provides a second-hand e-commerce marketplace, for more than $1.6.....»»
Etsy asks, ‘how do you do, fellow kids?’ with $1.6B Depop purchase
Why is Etsy willing to pay more than 23x Depop's 2020 revenues? It is buying Gen Z love. The news this morning that e-commerce marketplace Etsy will buy Depop, a startup that provides a second-hand e-commerce marketplace, for more than $1.6.....»»
Shef raises $20M to expand its homemade meal delivery marketplace
It’s still a bit of a legal maze, but more cities are coming around to the idea of letting local home chefs bring in more income by selling homecooked meals to those nearby. Shef is a marketplace meant to help these home chefs connect with cust.....»»
Etsy is Buying Gen Z-focused Fashion Resale App Depop for $1.62 Billion
E-commerce firm Etsy announced Wednesday that it is buying the secondhand fashion app Depop for $1.62 billion. From a report: Founded in the U.K. in 2011, Depop lets people buy and sell used clothes through its online marketplace. The company has att.....»»
Dogecoin trading expected to open on Coinbase Pro starting June 3
Coinbase further said that once sufficient supply of Doge has been established on the platform, trading will launch in three phases: post-only, limit-only and full trading. “If at any point one of the new order books does not meet our assessment fo.....»»
Etsy is acquiring UK-based social selling site Depop for $1.625B in a mostly-cash deal
Very big news today coming out of Europe in the world of e-commerce. Etsy, the New York-based marketplace where crafty creators and those interested in their styles can discover and buy those goods, today announced that it is acquiring Depop, a Londo.....»»
Home services platform Urban Company raises $255 million at $2.1 billion valuation
Home services marketplace Urban Company said on Wednesday it has raised $255 million in a new financing round and confirmed a valuation of $2.1 billion, joining over a dozen other startups in India that have earned the unicorn status this year. The n.....»»
Brazil’s idwall raises $38M for identity validation platform
Online fraud and identity theft is a global problem that has only been exacerbated with increased online transactions amid the COVID-19 pandemic. In particular, it is estimated that Brazilian companies lose over $41 billion due to fraud every year. I.....»»