Benchmark says W3C gives Exodus meaningful card-issuing scale that could drive longer-term growth.
W3C Corp is the parent entity of Baanx and Monavate, which offer card and payments infrastructure services for fintech and crypto clients.
The seed round was led by Castle Island Ventures, with participation from Inflection, Placeholder, Seed Club Ventures, and 1kx.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The company's move follows Uphold in March reinstating staking rewards for U.S. customers across 19 different digital assets.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Ledger’s new multisig rollout sparked backlash from developers over added fees and lack of support for older Nano S devices.
Recent acquisitions and the launch of the Tempo L1 mark Stripe’s return to crypto infrastructure as AI-driven commerce gains traction.
Treating everything in crypto as a financial instrument subject to regulatory oversight seriously undermines UK competitiveness, it said.
The updates expand Ledger's focus from digital asset storage to broader identity and security applications.
CompoSecure's turnaround under Resolute and renewed focus on digital assets have helped lift shares more than 60% this year, says Benchmark.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Crypto wallet provider Rainbow had proposed acquiring Clanker by offering 4% of its upcoming RNBW token supply.
MetaMask's mUSD saw its circulating supply rise to 65.6 million as of early Monday morning, up from about 15 million a week earlier.
The malware has remained invisible to antivirus engines since first appearing a month ago and is particularly focused on crypto wallets.
Ledger is expanding its enterprise offerings with a new iOS app and native support for the TRON blockchain, including stablecoin transactions.
The offer will apply to new and existing USDC users looking to move onto Base, the Layer 2 network incubated by Coinbase.
The latest integration allows MetaMask users to access Sei-based applications, tokens, NFTs, and other assets directly from the wallet.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The TGE format lets Binance Wallet users trade tokens with prices that rise as demand grows, with the first project reveal set for July 15.
Circle's blockbuster IPO last month has brought crypto listings back into the spotlight, but the bigger question is what comes next.
Phantom's launch allows users to trade perps directly within the popular web3 wallet, powered by Hyperliquid's API.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Recovery Key and the Ledger Recover service are optional and users can choose one, both, or simply rely on their 24-word phrases.
The firm said the issue has been contained and no email breach took place, adding that it is researching ways to prevent future abuse.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The acquisition specifically focuses on seed phrase management, though the value of the deal was not disclosed.
Coinbase's CDP Wallets enable developers to create secure, programmable wallets via API without handling private keys.
Jacob Irwin-Cline alleges a sedative known as "Devil's Breath" may have been used to get him to hand over access to his crypto wallet.
The feature is pitched as a way to access DeFi yields for USDC, USDT, USDS and DAI without going through "complex processes."