Tagged: cryptocurrency

Digital Assets Platform Fireblocks Joins Forces With Payments Platform First to Launch Institutional Diem Infrastructure for Virtual Asset Service Providers

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

BitPay Teams Up With Simplex to offer Limited Time Zero Fees on Cryptocurrency Purchases For All of Europe

    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

Cryptoasset-to-USD Lender BlockFi Announces Inaugural Block Trade for Ethereum Futures on CME

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

Alchemy Pay Teams Up With Power-Bank-Sharing Network Instpower to Enable Digital Payment Acceptance Across Charging Stations

    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

BitPay’s Prepaid Mastercard Now Supports Apple Pay

  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

Max Levchin Discusses Affirm’s Latest Earnings, Cryptocurrency, & More With CNBC’s “Squawk on the Street” (Video)

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

Cryptocurrency Mining Firm Compute North Secures $25 million in Debt Financing & Equity

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

Kraken Announces Launch of Independent Investment Fund For Crypto & Fintech Companies

  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

Update: Cryptocurrency-Powered Social Network Uhive Set to Close Seedrs Campaign With More Than £700,000 in Funding

  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

Mastercard Set to Bring Cryptocurrency onto Network

  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

OKEx Announces Wallet Integration With Unstoppable Domains to Improve UX & Enable Faster Payments,

    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

Crypto.com Exchange Lending Announces BTC as a Loan Currency

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

Open Source Blockchain Ecosystem Celo Scores Additional $20 Million in Institutional Backing

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

Update: Bitstock to Close Crowdcube Round With More Than £1 Million Secured

    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

Canadian Digital Asset Trading Platform Coinsquare Unveils “Quick Trade” Mobile App

  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

PayPal Reportedly Launches Business Unit Specifically Dedicated to Cryptocurrency

  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

Update: Cryptocurrency-Powered Social Network Uhive Raises More Than £662,0000 Through Seedrs Campaign

  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

Vast Bank Partners With Coinbase to Complete End-to-End Cryptocurrency Transaction

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

Digital Investment Platform Uphold Set to Launch Crypto-Enabled Debit/Credit Cards Across Europe Following Optimus Cards UK Acquisition

    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

MyCrypto Announces New Multi-Account Ethereum Wallet Manager & Revamped Platform

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

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