Sequoia Capital owns 16% of Bridge, which is set to be acquired by payments platform Stripe for $1.1 billion.  Venture capital firm Sequoia Capital, which owns 16% of stablecoin platform Bridge, could rake in over $100 million from Stripe’s $1.1 billion acquisition deal of the firm.  Sequoia made a $19 million investment in the crypto...Continue Reading

Bitcoin has topped $70,000, its highest price since June after US-based ETFs surpassed total net inflows of over $22 billion. The price of Bitcoin has just crossed the $70,000 milestone for the first time since June 10 following two strong weeks of inflows into the United States spot Bitcoin exchange-traded funds (ETFs). Bitcoin (BTC) jumped...Continue Reading