Archives

May 4, 2026 @ 1:46 pm By Omar Faridi  |  

New York Attorney General Letitia James has secured more than $5 million from cryptocurrency trading platform Uphold HQ Inc. in a settlement resolving allegations that the company misled customers by heavily promoting a third-party yield product that ultimately collapsed, resulting in substantial investor losses. The… Read More

May 29, 2024 @ 11:26 am By JD Alois  |  

Digital asset firm Uphold is now offering a white-label service for issuers and other platforms to leverage digital assets. The crypto exchange is said to serve “millions” of customers in over 14 different countries. The Uphold-as-a-Service is said to offer services beyond digital asset offerings,… Read More

April 10, 2024 @ 9:07 am By Omar Faridi  |  

Uphold, the global web3 financial platform, announces bitcoin as the next asset that can be deposited into Vault – an assisted self-custody wallet that strips away the complexities in securing digital assets. Originally, Vault supported XRP, but this addition “transitions Vault into the early stages… Read More

October 25, 2023 @ 10:02 pm By Omar Faridi  |  

Ripple, the firm focused on enterprise blockchain and crypto solutions, has announced a new partnership with Uphold, the global Web3 financial platform. The partnership will see Uphold provide Ripple “with enhanced crypto liquidity capabilities to underpin and enhance its cross-border payments infrastructure.” Known for its… Read More

November 28, 2022 @ 3:19 pm By JD Alois  |  

Crypto markets are far off from their all-time highs, and today another crypto firm announced a bankruptcy filing due to FTX collateral damage. 2022 is not so much a crypto-winter but perhaps a crypto-ice age. The failure of FTX has harmed the entire crypto sector,… Read More

November 13, 2022 @ 11:07 pm By Omar Faridi  |  

Uphold, a digital money platform, has announced the launch of its new debit card for UK customers that pays rates of “up to 4% rewards in XRP.” Unlike other comparable cards, the Uphold Card will “not charge non-sterling transaction fees, making it ideal for travel… Read More

October 23, 2022 @ 3:30 pm By JD Alois  |  

Uphold has been named the fastest-growing private company in the San Francisco Bay area by the SF Business Times. Uphold is a Fintech that leverages blockchain technology for transfers and payments as well as cryptocurrency trading. Based in the UK, Uphold has an SF outpost… Read More

August 15, 2022 @ 8:58 am By JD Alois  |  

Acala’s stablecoin aUSD, the “decentralized stablecoin of Polkadot” has lost its stablecoin status as it has depegged from the US dollar – now trading at around $0.85 but having dropped to almost $0.50. In a series of Tweets, Acala claimed the fall in value was… Read More

June 6, 2022 @ 11:13 am By JD Alois  |  

    “We still believe The Merge will not happen.” Dr. Martin Hiesboeck, Head of Blockchain and Crypto Research at Uphold – a trading platform, has issued a statement slamming Ethereum while hammering creator Vitalik Buterin for his erratic and emotional Tweets. Hiesboeck is of the… Read More

September 9, 2021 @ 10:06 am By Omar Faridi  |  

Uphold, the digital money platform offering retail investors with single-wallet access to virtual and physical assets reveals that it has appointed technologists Stephen McNamara, as Chief Executive, and Kevin Sullivan, as CTO, at Uphold Labs. The new recruits will be responsible for leading Uphold Labs,… Read More

March 31, 2021 @ 9:55 am By Samantha Hurst  |  

  Uphold, a U.S.-based digital finance platform, announced on Wednesday it is set to acquire U.S. broker-dealer JNK Securities following regulatory approval from the Financial Industry Regulatory Authority (FINRA).  Founded in 1993, JNK Securities is an execution-only trading firm with direct market access to the listed… Read More

August 2, 2020 @ 9:56 pm By Samantha Hurst  |  

Uphold, a U.S.-based digital finance platform, announced last week global customers can buy a Universal Gold (UPXAU), which is a physical-gold backed token issued by the Universal Protocol Alliance and backed by the Government of Western Australia. UPXAU is free to hold, government-backed, and spendable… Read More

May 20, 2020 @ 2:10 pm By Samantha Hurst  |  

Uphold, a U.S.-based digital finance platform, announced on Wednesday it has formed a partnership with Web Monetization provider Coil for Interledger connectivity. Uphold reported that Coil creators around the world may now select Uphold as their wallet provider and have payments sent directly to their… Read More

March 5, 2020 @ 10:29 pm By Samantha Hurst  |  

Uphold, a U.S.-based digital finance platform, announced on Thursday the launch of its multi-asset account with an affiliated debit card, which allows users to convert multiple funding sources, including Bitcoin, XRP, BAT, and Gold into fiat currency, to spend everywhere Mastercard is accepted, as well… Read More

January 28, 2020 @ 2:03 pm By Samantha Hurst  |  

Uphold, a U.S.-based digital finance platform, announced on Tuesday the launch of its commission-free cryptocurrency trading. Uphold also revealed that it is adding new funding and withdrawal options to its platform, which reportedly now attracts up to 7,000 new accounts daily. Speaking about the new… Read More

July 11, 2019 @ 8:15 am By Samantha Hurst  |  

Uphold, a U.S.-based digital finance platform, announced on Thursday it has doubled its presence in the country of Portugal by acquiring Scytale, a digital agency based in Braga, Portugal. As previously reported, Uphold is on a  mission to create trusted access to digital money and… Read More