The global crypto market cap is $2.03T 1.35%▲ with a 24hr market volume of $221.80B -3.75%▼. Bitcoin's dominance is currently 51.28% -0.34%▼. CURRENT PRICES BY MARKET CAP | # | Name | Price | 24h % | | 1 | Bitcoin BTC | $55,785.94 | 1.53% ▲ | | 2 | Ethereum ETH | $2,253.85 | 6.37% ▲ | | 3 | Binance Coin BNB | $545.47 | 10.89% ▲ | | 4 | XRP XRP | $1.35 | 4.44% ▲ | | 5 | Dogecoin DOGE | $0.361 | -5.29% ▼ | *Prices as of 2:00 p.m. ET.
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 Top crypto firms are adding former financial enforcement officers to bolster credibility with financial regulatory enforcement agencies. Binance US, BlockFi, and Coinbase are among the several crypto firms to use this strategic hiring move. More: - J. Christopher Giancarlo, a former chairman of the Commodity Futures Trading Commission in 2019, joined the board of directors of BlockFi.
- Brian Brooks, former acting head of the Office of the Comptroller of the Currency and Coinbase executive, joined Binance US to serve as the new CEO.
- Marc Berger, a former leader within the SEC who brought the lawsuit against Ripple, will join Simpson Tacher, a member firm of the Enterprise Ethereum Alliance, in June.
- Three months after resigning from the SEC, former chairman Jay Clayton has accepted a new position on an advisory board for crypto investment manager One River Asset Management.
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Venmo introduced cryptocurrencies to its platform today, allowing customers to buy, hold, and sell cryptocurrencies through the app for as little as $1. The move comes on what is known as "National Doge Day" in the crypto world, as the Dogecoin price jumped over 20% to reach $0.42, after an all-time high of $0.45 on Friday. More: - Parent company PayPal introduced the same support for cryptocurrencies last year and is now one of the biggest players in the space among other financial companies.
- Four types of cryptocurrencies are supported on Venmo: bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
- Venmo currently has over 70 million users in the U.S. and processed $159B in payments in 2020.
- This move will allow Venmo to compete with other peer-to-peer payment services such as Cash App, which introduced cryptocurrency transactions in 2018.
A version of this story first appeared in Inside Business. Read the full issue here.
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 A message from EXODUS Exodus shatters regulated crypto public offering record Exodus, one of the most popular cryptocurrency apps, is on a mission to help half the world exit the confines of traditional finance by 2030. And if that’s a mission you believe in, you can be a part of it: Exodus is pioneering an offering of its common stock, represented digitally and secured by the blockchain. Currently, Exodus shares are offered at $27.42 a piece, valuing the company at $710 million. The Exodus Public Offering has commitments of about $60,000,000 within 5 days of going live. Exodus is fast approaching the $75 million offering maximum. Don’t miss out. Be among the first to own a stake in the future of finance. Invest in Exodus
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▲ TOP GAINERS | # | Name | Price | 24h % | | 1 | Monero XMR | $402.97 | 25.72% ▲ | | 2 | Binance Coin BNB | $545.47 | 10.89% ▲ | | 3 | Cosmos ATOM | $20.77 | 6.47% ▲ | | 4 | Etereum ETH | $2,253.85 | 6.37% ▲ | | 5 | THETA THETA | $11.32 | 6.29% ▲ | ▼ TOP LOSERS | # | Name | Price | 24h % | | 1 | Terra LUNA | $13.21 | -6.67%▼ | | 2 | Solana SOL | $30.32 | -6.18%▼ | | 3 | Dogecoin DOGE | $0.361 | -5.29%▼ | | 4 | Tezos XTZ | $5.54 | -3.81%▼ | | 5 | Polkadot DOT | $34.23 | -2.09%▼ | *Limited to cryptocurrencies with a market cap >$4B. Prices as of 2:00 p.m. ET.
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🍋 FRESH FUNDING 🍋 - Aleo, DApp development: $28M. Aleo, a blockchain startup aiming to create a "full-stack solution for zero-knowledge," raised $28M in a 16z led funding round. Participants included Placeholder, Coinbase Ventures, Galaxy Digital, Polychain Capital, Scalar Capital, Slow Ventures, Variant Capital, Balaji Srinivasan, and Ethereal Ventures, and others.
- DexGuru, DeFi/DEX: $1M. DexGuru, a decentralized exchange startup founded by Nick Sawinyh, raised $1M in a Simple Agreement for Future Tokens (SAFT) funding round. SAFT participants included Lemniscap, Divergence Ventures, Loi Luu of Kyber Network, Evgeny Yurtaev of Zerion, and several others.
- Filebase, Decentralized storage: $2M. The blockchain-enabled Amazon S3-compatible object storage startup raised $2M in its first seed funding round. The round was backed by Multicoin Capital, with additional investments from Version One Ventures and Ryan Selkis.
- Injective Protocol, DeFi/DEX: $10M. The decentralized exchange platform received funding from Mark Cuban, Pantera Capital, BlockTower, Hashed Ventures, CMS Holdings, and QCP Capital in its latest private placement token sale funding round.
- Mantl, FinTech: $40M. Mantl, a New York-based startup looking to digitize legacy system banks, raised $40M in its latest series B funding round.
- TeraBlock Exchange, DeFi/DEX: $2.4M. The beginner-friendly decentralized exchange platform received funding from AU21 Capital, Blockchain.com, Blocksync Ventures, BTX Capital, CryptoDormFund, and others following an announced partnership with Sheesha Finance.
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QUICK HITS - If observability won't replace monitoring and a single datastore will never be sufficient, this is how users should model observability.*
- Newegg, the electronic reseller that pioneered Bitcoin payments back in 2014, will now accept Dogecoin as payment through BitPay.
- German telecom company Deutsche Telekom announced the purchase of Celo tokens and investment into the development of the Celo network.
- WeWork announced that it would accept bitcoin as payment and retain the asset on its balance sheet.
- Facebook's Diem, the social media giant’s adapted version of the Libra stablecoin, is expected to do a test launch this year.
- Over 1 million people have joined Public.com to invest and share ideas with a community of investors.*
*This is sponsored content.
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 |  | Griffin McShane is a J.D. candidate currently living in Portland, Maine. He is a graduate of Providence College, where he studied both computer science and business. Griffin aspires one day to go to the moon and bring some of his altcoins along for the ride. |   | | Editor | Jonathan Harris is a writer for Inside.com. Previously, he wrote for The Huffington Post, TakePart.com, and the YouTube channel What’s Trending. | |
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