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Omni storage & rentals fails, shutters, sells engineers to Coinbase

$35 million-funded Omni is packing up and shutting down after struggling to make the economics of equipment rentals and physical on-demand storage work out. It’s another victim of a venture [...]

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India’s ZestMoney raises $20M to grow its digital lending service

Fintech is very much still hot in Asia. ZestMoney, a startup that helps consumers with no credit history get loans to buy online, announced today it has raised a $20 million Series B. The round [...]

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Coinbase acquihires San Francisco startup Blockspring

Coinbase is continuing its push to suck up talent after the $8 billion-valued crypto business snapped up Blockspring, a San Francisco-based startup that enables developers to collect and process [...]

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Even the world’s largest crypto exchange needs help from traditional VCs

Crypto-anarchists may not like it, but money doesn’t buy everything. Sometimes, you just need the help of a traditional venture capitalist. Binance is the fastest growing company in crypto [...]

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Coinbase acquires Distributed Systems to build “Login with Coinbase”

Coinbase wants to be Facebook Connect for crypto. The blockchain giant plans to develop a “login with Coinbase” identity platform for decentralized app developers to make it much [...]