Negative Impact

AngelList ends crypto payments via Ripple’s Rail, reducing funding options for users

AngelList will stop accepting crypto payments using USDC, USDT, DAI, and ETH starting July 31 due to ending its deal with Ripple’s Rail. This change affects AngelList users by limiting the ways they can fund projects with cryptocurrency.

AngelList will stop supporting crypto funding through USDC, USDT, DAI, and ETH on July 31. The move comes as its payment partnership with Rail winds down. The change limits crypto payment options for users on the platform.

Relevance: 83%

Impact Duration: Weeks

Asset(s): ETH

All news Institutional news

Ether rises 15% on large corporate buying and hopes for faster network upgrade
SummerFi loses $6M from automated vault glitch, exposing risks in hands-off crypto funds
JPMorgan’s tokenized money market fund on Ethereum grows assets 250% in one month
Bitmine buys 42,197 ETH, boosting its stock as rival Strategy sells Bitcoin
Binance sees $1.23B weekly withdrawals as Ether withdrawals hit a three-year high
BNY expands partnership with Circle to offer USDC stablecoin services for institutions

AngelList ends crypto payments via Ripple’s Rail, reducing funding options for users

Related news