Tagged: cryptocurrency

February 12, 2021 @ 10:03 pm By Samantha Hurst  |  

Max Levchin, CEO and founder of fintech Affirm and PayPal co-founder, sat down with CNBC’s Squawk on the Street team to discuss its fintech Affirm, including its latest earnings and outlook, as well as cryptocurrency. As previously reported, Affirm is a point of sale credit… Read More

February 12, 2021 @ 8:13 am By Samantha Hurst  |  

Compute North, a U.S.-based large-scale computing infrastructure and cryptocurrency mining firm, announced on Thursday it raised $25 million in debt financing and equity to expand capacity and enable further growth. Founded in 2017, Compute North states it delivers high-performance cryptocurrency mining and infrastructure solutions to… Read More

February 12, 2021 @ 8:03 am By Samantha Hurst  |  

  Kraken, a U.S.-based digital asset exchange, announced on Thursday it is backing the newly launched Kraken Ventures, an independent investment fund targeting early stage companies and protocols across the crypto and fintech ecosystem. According to Kraken, the fund will invest in the technologies powering… Read More

February 11, 2021 @ 9:53 pm By Samantha Hurst  |  

  Uhive, a UK-based cryptocurrency-powered social network, is set to close its equity crowdfunding campaign on Seedrs with £700,000 in funding from 450 Seedrs investors. As previously reported,  Uhive describes itself as a new free advanced social network that is divided into two “contrasting worlds,” which are Civilized… Read More

February 11, 2021 @ 3:14 pm By Samantha Hurst  |  

  Mastercard announced on Wednesday it is set to bring cryptocurrency to its network. The financial giant reported that this is a big change that will require a lot of work and it will be very thoughtful about which assets we support based on its principles… Read More

February 10, 2021 @ 4:03 pm By Samantha Hurst  |  

    Digital asset marketplace OKEx announced on Tuesday its wallet integration with blockchain domain provider Unstoppable Domains.  According to OKEx, Unstoppable Domains has already launched thousands of websites in the decentralized web, registering more than 250,000 domains to date. The integration with OKEx wallet will help… Read More

February 10, 2021 @ 2:50 pm By Samantha Hurst  |  

Hong Kong-based Crypto.com announced on Wednesday its Exchange Lending users may now secure a BTC loan by borrowing against their crypto and access a loan-to-value (LTV) ratio of up to 50%. According to Crypto.com, Lending allows users to monetize their cryptocurrency assets without any need of… Read More

February 10, 2021 @ 2:01 pm By Samantha Hurst  |  

Celo, an open-source blockchain ecosystem focused on making decentralized financial (DeFi) systems and tools accessible to anyone with a smartphone, today announced $20 million in new backing from purchasers and partners including Andreessen Horowitz, Greenfield One, and Electric Capital.  Celo reported that to date, it has… Read More

February 8, 2021 @ 3:29 pm By Samantha Hurst  |  

    Bitstocks, a UK-based bitcoin market advisory and cryptocurrency investment firm, is set to close its equity crowdfunding campaign on Crowdcube with more than £1 million raised from 1735 Crowdcube investors. As previously reported, Bitstocks stated that while it serves as an investment house for… Read More

February 8, 2021 @ 11:18 am By Samantha Hurst  |  

  Canadian cryptocurrency platform Coinsquare announced on Monday the launch of its new Quick Trade mobile app. The simple to use app makes buying and selling digital assets quick and convenient, with customers able to easily manage their portfolio of digital assets.  According to Coinsquare, The… Read More

February 8, 2021 @ 10:58 am By Samantha Hurst  |  

  PayPal Holdings, Inc. (NASDAQ: PYPL) is reportedly launching a new business unit that is specifically dedicated to cryptocurrency services. According to Bitcoin.com, PayPal CEO, Daniel Schulman, stated during an earnings phone call that the existing financial system is considered outdated and that PayPal will be… Read More

February 5, 2021 @ 1:34 pm By Samantha Hurst  |  

  Uhive, a UK-based cryptocurrency-powered social network, has raised more than £662,0000 through its equity crowdfunding campaign on Seedrs. The funding round, which launched month, sought to secure a minimum of £500,000, has attracted nearly 400 Seedrs investors. As previously reported,  Uhive describes itself as a… Read More

February 4, 2021 @ 9:39 pm By Samantha Hurst  |  

U.S. banking group Vast Bank announced on Thursday it has teamed up with cryptocurrency exchange platform Coinbase to complete an end-to-end cryptocurrency transaction. The bank claims it is the first nationally chartered financial institution to both purchase and provide custody services for a digital asset on… Read More

February 3, 2021 @ 12:21 pm By Samantha Hurst  |  

    Uphold, a U.S.-based digital finance platform, announced on Wednesday it is set to launch crypto-enabled credit/debit cards across Europe, following its acquisition of debit ad credit card issuer Optimus Cards UK. According to Uphold, Optimus is Electronic Money Institution (EMI) regulated by the… Read More

February 2, 2021 @ 3:19 pm By Samantha Hurst  |  

MyCrypto, a U.S.-based open-source interface for digital assets, announced on Tuesday it has launched a new multi-account Ethereum wallet manager and revamped its platform. According to MyCrypto, the new platform empowers users to manage all of their Ethereum accounts in one place. “Other interfaces offer… Read More

February 1, 2021 @ 11:17 am By Samantha Hurst  |  

    Nexo, a UK-based regulated financial institution for digital assets, announced on Monday the launch of its in-app cryptocurrency service, Nexo Exchange. According to Nexo, the Nexo Exchange allows immediate, no-limits conversion between more than 75 crypto and fiat currency pairs directly within the Nexo… Read More

January 27, 2021 @ 4:30 pm By Samantha Hurst  |  

Ibanera, a global fintech, announced on Tuesday it has joined forces with digital asset platform Fireblocks to enhance its crypto service offering.  Ibanera reported that its platform provides account issuance, cross-border transfers, and currency exchange services to both corporate and retail customers. Through the collaboration, Ibanera… Read More

January 27, 2021 @ 2:15 pm By Samantha Hurst  |  

tZERO, a blockchain-focused subsidiary of Overstock.com (NASDAQ:OSTK), announced on Wednesday it has formed a partnership with Prime Trust, a blockchain-driven trust company. According to tZERO, the new collaboration supports the custody of digital assets, including securities and cryptocurrencies, by users directly with Prime Trust. It… Read More

January 22, 2021 @ 10:30 am By Samantha Hurst  |  

Digital asset marketplace OKEx announced on Friday the team behind the open-source blockchain OKExChain has launched two decentralized applications, OKEx Swap and OKEx Farm, on the protocol. According to OKEx, both these new features, along with the opening of the OKT/USDT Farm Pool commenced today at 10:00… Read More

January 21, 2021 @ 9:36 pm By Samantha Hurst  |  

  Uhive, a UK-based cryptocurrency-powered social network, has successfully secured its £500,000 funding target through its Seedrs campaign. The funding round, which recently made its debut on the equity crowdfunding platform, has already attracted 310 Seedrs investors. Founded in 2018, UHive describes itself as a… Read More