Tagged: crypto

August 6, 2022 @ 2:31 pm By JD Alois  |  

Neobank Revolut is on a crypto hiring spree, according to a report by Bloomberg. While many firms, and Fintechs specifically, a cutting headcount or slowing things down, Revolut appears to be bucking the trend. Recently, Robinhood revealed it was slashing employee headcount by 23% –… Read More

August 18, 2021 @ 3:47 am By Priyanka Pani  |  

Users of Venmo, a mobile payments app owned by PayPal Inc, can now automatically buy cryptocurrencies through cashback earned from their Venmo credit cards. Venmo has launched this new feature that could boost crypto purchases among young users. However, unless users make regular and frequent… Read More

August 17, 2021 @ 2:44 am By Priyanka Pani  |  

FalconX, a one-stop shop for institutional cryptocurrency market participants, has raised a $210 million Series C financing round led by Altimeter Capital. The new funding round valued the platform at $3.75 billion and saw Sapphire Ventures and existing investors B Capital Group, Tiger Global Management,… Read More

August 12, 2021 @ 8:27 pm By Priyanka Pani  |  

Even as India continues to debate the legality of crypto, CoinDCX has turned into the country’s first crypto unicorn following a $90 million funding round led by Facebook Inc. co-founder Eduardo Saverin and B Capital Group. Existing investors, Coinbase Ventures, Polychain Capital, Block.one, and Jump… Read More

July 14, 2021 @ 6:54 pm By Priyanka Pani  |  

Phantom, a multi-chain crypto wallet, has raised $9 million in Series A funding led by Andreessen Horowitz  (A16z).  Variant Fund, Jump Capital, DeFi Alliance, and Solana Foundation also participated in the round along with Garry Tan, an early Coinbase investor and other angel investors from Compound, dYdX, Audius, Lolli, and Ethereum Foundation. Phantom plans to use… Read More

June 29, 2021 @ 3:17 pm By Priyanka Pani  |  

Puerto Rico-based digital bank FV Bank has announced that it has inked a deal with Fireblocks, a platform for securing digital assets. Through this association, FV Bank will leverage Fireblocks’ MPC-based wallet and network infrastructure to provide digital asset custody services to its customers. FV… Read More

June 22, 2021 @ 4:42 pm By Priyanka Pani  |  

Portugal becomes one of the first countries to officially legalize cryptocurrencies by issuing operating licenses to two exchanges operating in the segment. The Central Bank of Portugal has issued operating licenses to Criptojola and Mind The Coin as “virtual asset providers” , or VASPs, in… Read More

June 3, 2021 @ 9:21 pm By Samantha Hurst  |  

  BitcoinPoint, a UK-based Bitcoin buying platform, has successfully secured more than £300,000 through its equity crowdfunding campaign on Crowdcube. The funding round, which launched last month, quickly surpassed its initial £100,000 and has attracted nearly 940 Crowdcube investors. As previously reported, BitcoinPoint stated that its in-house software… Read More

June 1, 2021 @ 1:47 pm By Samantha Hurst  |  

  Mogo Inc. (NASDAQ: MOGO) (TSX: MOGO) a Canada-based digital payments and financial technology company, announced on Tuesday it is set to acquire additional 2.0% of the outstanding common shares of cryptocurrency platform, Coinsquare.  The acquisition was announced just a little over a month after Coinsquare… Read More

May 10, 2021 @ 10:20 am By Samantha Hurst  |  

Quidax, an Africa-based cryptocurrency exchange, announced on Monday it has officially processed more than $3.2 million in transactions. Launched in 2018, Quidax reported that it is seeking to become home of BEP-20 is a token standard on Binance Smart Chain (BSC) that extends ERC-20, as well… Read More

May 10, 2021 @ 9:21 am By Samantha Hurst  |  

  Babel Finance, a Hong Kong-based crypto financial service provider, announced on Monday it secured $40 million through its Series A funding round, which was led by Zoo Capital, Sequoia Capital China, Dragonfly Capital, BAI Capital and Bertelsmann, with participation from Tiger Global Management. Founded in 2018, Babel… Read More

April 15, 2021 @ 8:39 am By Samantha Hurst  |  

Apollo Fintech, a Hong Kong-based blockchain company, announced on Wednesday it has launched its flagship cryptocurrency investment platform, through its Stratus social media ecosystem. According to Apollo, the platform offers users instant access to buy and sell cryptocurrency. “Instant invest is a new platform on the… Read More

April 7, 2021 @ 10:27 am By Samantha Hurst  |  

US-based digital assets firm Gemini has joined forces with identity decisioning platform for banks and fintech companies, Alloy, to streamline identity decisioning for its credit card with cryptocurrency rewards. Gemini reported that through the collaboration, it will use Alloy to facilitate its onboarding process for credit card… Read More

March 30, 2021 @ 9:07 am By Samantha Hurst  |  

    PayPal Holdings, Inc. (NASDAQ:PYPL) announced on Tuesday the launch of Checkout with Crypto, a new feature that allows customers in the U.S. to check out with cryptocurrency along with other payment methods through the PayPal mobile wallet. “Building on the ability to buy,… Read More

March 29, 2021 @ 9:22 am By Samantha Hurst  |  

Safello, an online cryptocurrency brokerage that is regulated as a financial institution with Finansinspektionen (Swedish FSA), announced on Monday it has acquired Rational Money AB, the company behind Bitcoin.se, a Sweden-based educational portal on cryptocurrencies. Safello claims that since 2012, Bitcoin.se has played a vital role in… Read More

February 26, 2021 @ 7:42 am By Samantha Hurst  |  

  CoinShares, a European digital asset investment firm, announced earlier this week the launch of a new physically-backed ETP, CoinShares Physical Ethereum (Ticker: ETHE). According to CoinShares, ETHE will be the second product released on the firm’s institutional-grade ETP platform and will launch with approximately $75… Read More

February 24, 2021 @ 3:21 pm By Samantha Hurst  |  

  Simplex, an EU-licensed financial institution that provides the fiat infrastructure for the cryptocurrency industry,  announced on Wednesday it has teamed up with  Opera to integrate an in-browser cryptocurrency onramp. Simplex reported that through the integration, users will be able to buy and sell crypto… Read More

December 30, 2020 @ 10:19 am By Samantha Hurst  |  

  OKEx, a top 20 crypto exchange, announced on Wednesday the launch of the OKExChain mainnet. OKEx reported OKExChain will be rolled out in four stages, starting with the “Genesis” stage from December 31st to January 13th. OKEx further revealed the second stage will focus… Read More

December 17, 2020 @ 1:45 pm By Samantha Hurst  |  

    BitGo, a digital asset financial services provider, announced on Thursday it has launched an institutional-grade multi signature wallet solution. According to BitGo, the solution provides on-chain, multi-signature security fo Hedera’s HBAR token through its affiliate BitGo Inc. Additionally, BitGo Trust will provide insured,… Read More

November 24, 2020 @ 3:18 pm By Samantha Hurst  |  

CertiK, a U.S.-based end-to-end cybersecurity solutions provider, announced on Tuesday the launch of CertiKShield, which is a decentralized, membership-based plan to provide reimbursements for lost of stolen cryptocurrency assets of any blockchain network. According to CertiK, CertiKShield membership enables claimants to be reimbursed if their… Read More