Tagged: cryptocurrency

February 23, 2021 @ 11:01 am By Samantha Hurst  |  

Bitwise Asset Management, a provider of crypto-asset index and beta funds, announced on Tuesday it recently surpassed $1 billion in assets under management (AUM) across its fund family. As previously reported, Bitwise Asset Management claims it pioneered the first cryptocurrency index fund and is the leading provider… Read More

February 23, 2021 @ 9:00 am By Samantha Hurst  |  

BottlePay, a UK-based fiat and crypto payments platform, has reportedly raised £11 million through its Seed funding round. According to Coindesk, the round involved participation from Alan Howard, founder of hedge fund manager Brevan Howard; “present and former” Goldman Sachs partners; venture capital firm FinTech Collective;… Read More

February 22, 2021 @ 10:46 am By Samantha Hurst  |  

Bitwise Asset Management, a provider of crypto-asset index and beta funds, announced on Monday the launch of the Bitwise Decentralized Finance (DeFi) Crypto Index Fund. According to Bitwise, the formal index methodology is public and is overseen and adjusted on an ongoing basis by the Bitwise… Read More

February 18, 2021 @ 9:28 pm By Samantha Hurst  |  

  Payment processing platform Klarna announced on Thursday it has formed a new partnership with Sweden-based cryptocurrency broker Safello. Klarna reported that the partnership it will allow the payment platform to enter the cryptocurrency industry. “In recent months, Safello has experienced increased growth, both in new… Read More

February 17, 2021 @ 3:28 pm By Samantha Hurst  |  

  Blockchain.com, a UK-based cryptocurrency wallet and exchange, announced on Wednesday it raised $120 million through its latest strategic growth investment round led by macro investors, which included include Moore Strategic Ventures (Louis Bacon), Kyle Bass, Access Industries, Rovida Advisors, Lightspeed Venture Partners, GV (aka Google Ventures), Lakestar, and Eldridge. Founded in 2011,… Read More

February 17, 2021 @ 2:07 pm By Samantha Hurst  |  

  Mastercard announced on Wednesday it has joined forces with Island Pay to launch the Bahamas Sand Dollar prepaid digital currency-linked card. Mastercard revealed that under the program, the Bahamas Sand Dollar card allows people the option to instantly convert the digital currency to traditional… Read More

February 16, 2021 @ 3:59 pm By Samantha Hurst  |  

  U.S.-based cryptocurrency exchange PayBito recently announced it has been experiencing record signups after Bitcoin crosses the $40,000 mark. The latest milestone comes just weeks after PayBito announced its plans to double its workforce across multiple locations worldwide. “Owing to an enhanced crypto portfolio, PayBito experienced a… Read More

February 16, 2021 @ 2:03 pm By Samantha Hurst  |  

    Celsius Network, a cryptocurrency lending and borrowing platform, announced on Tuesday it has distributed cryptocurrency rewards in value of over $250 million (in today’s value) to its more than 415,000 users. According to Celsius, customers may hold their digital assets in their Celsius wallet… Read More

February 16, 2021 @ 12:31 pm By Samantha Hurst  |  

Fireblocks, an enterprise-grade platform providing the infrastructure for moving, storing, and issuing digital assets, announced on Tuesday it has joined forces with payments platform First to create a secure wallet and infrastructure for financial institutions to connect to the Diem network to facilitate transactions, enabling clients to utilize… Read More

February 15, 2021 @ 1:57 pm By Samantha Hurst  |  

    Cryptocurrency payments platform BitPay announced on Monday it has joined forces with Simplex to enable European users to buy crypto seamlessly with no credit or debit card fees from within the BitPay Wallet app. BitPay reported that the promotion allows users to quickly… Read More

February 15, 2021 @ 12:03 pm By Samantha Hurst  |  

Cryptoasset-to-USD lender BlockFi recently announced with CMT Digital that the companies have been cleared for what it claims to be the first-ever block trade for Ethereum futures on the CME, facilitated by ED&F Man Capital Markets Inc. According to BlockFi, CME also offers Bitcoin futures, which… Read More

February 15, 2021 @ 8:48 am By Samantha Hurst  |  

    Alchemy Pay, a Singapore-based decentralized finance (DeFi) hybrid fiat and crypto payment solution provider, announced over the weekend it has partnered with Instpower, a global power-bank-sharing network, to enable digital payment acceptance across its charging stations. According to Alchemy Pay, the new partnership… Read More

February 12, 2021 @ 10:14 pm By Samantha Hurst  |  

  Cryptocurrency payments platform BitPay announced on Friday its prepaid Mastercard now supports Apple Pay. BitPay reported the digital payment option is available from within the BitPay app to the millions of Apple Pay customers and billions of iPhone users.  “Users can add the BitPay… Read More

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