AngelList Ditches Crypto Payments Amid Rail Shutdown

AngelList has announced that it will no longer offer payment options for cryptocurrency starting from August 1, after shutting down its ties with Rail, which is connected to Ripple, on July 31. This decision affects users who have been using AngelList's services to make payments in crypto.

The news comes as a surprise to the crypto community, given AngelList's long-standing relationship with Rail and its role in facilitating crypto payments. However, it appears that this partnership has come to an end, leaving users without a clear alternative for making crypto payments on the platform.