Friday, November 22, 2024
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Tim Draper-backed crypto derivatives exchange raises $18M

A new global cryptocurrency derivatives exchange, Globe Derivative Exchange — or GlobeDX — continued its preparation for the platform's launch by securing another major raise.GlobeDX announced Wednesday that the firm successfully raised $18 million through a new funding round featuring investors like seed money startup accelerator Y Combinator and Tim

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Draper-Backed Exchange in Lockdown Following ‘Sophisticated’ Attack

Coinhako, a cryptocurrency exchange backed by Tim Draper, has restricted user withdrawals after falling victim to a "sophisticated attack."The Singapore-based exchange told users Friday that account send functions for cryptocurrencies had been temporarily disabled. Although a spokesperson initially said this was for "network maintenance", the exchange admitted Saturday it had

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Tim Draper-Backed Startup Launches Blockchain Browser to Avoid Censorship

Unstoppable Domains, a tech firm backed by prominent blockchain supporter Tim Draper, is rolling out a blockchain-based browser set to provide users with access to the decentralized web.Per a Feb. 18 announcement, Unstoppable Blockchain Browser is designed to simplify access to the decentralized web, also known as web 3.0.

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