Tagged: cryptocurrency

Overfunding: Cryptocurrency-Powered Social Network Uhive Quickly Surpasses £500,000 Funding Target Through Seedrs Campaign

  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

Milestone: Celsius Network Surpasses $5.3 Billion in Assets; Grows Total Assets 10x During 2020

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday it now holds more than $5.3 billion worth of cryptocurrency assets. This news comes just a couple of months after Chainalysis was able to validate over $3.3b in total assets held by Celsius Celsius reported it… Read More

Worldline Joins Forces With Gold Global SA to Launch “Davinci Gold” Token

Worldline, (Euronext: WLN) a European payments and transactional services firm, announced on Tuesday it has formed a co-operation partnership with Gold Global Currency Corp to offer the “DaVinci Gold” token, which is notably based on Worldline’s stablecoin management infrastructure. According to Worldline, the initiative further… Read More

PrimeXBT Announces Partnership With Coinify

  Cryptocurrency trading platform PrimeXBT announced on Tuesday it has formed a new partnership with Coinify, a trading infrastructure platform that allows users to purchase Bitcoin and other cryptos. According to PrimeXBT, the collaboration will allow PrimeXBT clients to purchase Bitcoin through the fiat on-ramp,… Read More

Bahrain-Based Crypto Exchange Rain Secures $6 Million Through Series A Investment Round Led By Middle East Venture Partners

  Rain Financial, a Bahrain-based cryptocurrency exchange, announced one r the weekend it secured $6 million through its Series A funding round, which was led by Middle East Venture Partners (MEVP) with participation from Coinbase, Vision Ventures, CMT Digital Ventures, Abdul Latin Jameel Fintech Ventures,… Read More

Canadian Crypto Mining Firm Bitfarms Closes CAD$20 Million Private Placement With U.S. Institutional Investors

  Bitfarms, a Canada-based crypto mining firm, announced on Thursday it has closed its previously announced private placement of equity securities. According to Bitfarms, the Offering was for gross proceeds of approximately CAD$20 million and consisted of the sale of 8,888,889 common shares, along with… Read More

Switzerland-Based Smart Valor Secures Cryptocurrency Exchange & Custodian Licenses From Liechtenstein Financial Market Authority

Smart Valor, a Switzerland-based digital assets platform, announced on Thursday it secured Cryptocurrency exchange and custodian licenses from the Liechtenstein Financial Market Authority. Founded in 2017, Smart Valor describes itself as a blockchain startup set to enable borderless cryptocurrency finance. The platform aims to build… Read More

Blockchain Fintech PAYMNT Financial Announces Acquisition of Payment Technology For Crypto Payments LettucePay

PAYMNT Financial, a U.S.-based blockchain fintech startup, announced on Thursday it has acquisition LettucePay, which is a payment technology firm that specializes in cryptocurrency payments. PAYMNT reported that the acquisition makes it possible for its platform to integrate cryptocurrencies as a form of payment at… Read More

Hong Kong Crypto Financing Provider Amber Group Added Yield Boost on Investing App

Amber Group, a Hong Kong-based crypto finance service provider, announced on Wednesday it is launching a new yield-enhancement product called ‘Yield Boost’ in the Amber App. According to Amber, Yield Boost will allow users to monetize their market view on major crypto assets and earn… Read More

Cryptocurrency Tax Automation Software Provider TaxBit Scores Investments from PayPal Ventures, Winklevoss Capital, & Coinbase Ventures

TaxBit, a U.S.-based cryptocurrency tax automation software provider, announced on  Thursday it scored investments from PayPal Ventures and Coinbase Ventures. The latest investments come just a little over a year after TaxBit raised $5 million through its seed funding round. As previously reported, Taxbit claims… Read More

Taiwan-Based Crypto Hardware Wallet SecuX Now Featuring Buy Cryptocurrency Through Coinify

  SecuX Technology Inc., a Taiwan-based cryptocurrency hardware wallet provider, announced on Wednesday it is now featuring buy cryptocurrency options through Coinify. SecuX repoted it will now allow its users to add the Buy Crypto feature on its Wallet Web App (My Wallet on SecuX’s… Read More

Liechtenstein Cryptoassets Exchange Launches Regulated & Compliant Digital Currency Exchange

Liechtenstein Cryptoassets Exchange (LCX) announced on Tuesday the launch of its regulated and compliant digital currency exchange. LCX reported it secured approvals of eight licenses under the new blockchain laws in Liechtenstein last week. The LCX Exchange describes itself as a regulated trading venue offering a… Read More

Crypto Credit Now Supporting ADA, ALGO, ATOM, VET, LINK, & WBTC

  Hong Kong-based Crypto.com recently announced that users may now deposit ADA, ALGO, ATOM, VET, LINK, and WBTC as collateral on Crypto Credit, and instantly secure a loan at a 50% loan-to-value (LTV) ratio. According to Crypto.com, Crypto Credit allows users to monetize their crypto… Read More

Bitwise Milestone: Surpasses $500 Million in Assets Under Management

Bitwise Asset Management, a provider of crypto-asset index and beta funds, announced on Monday it recently surpassed $500 million in assets under management (AUM), after reporting $100 million in AUM on October 28th. As previously reported, Bitwise Asset Management claims it pioneered the first cryptocurrency index fund and is the leading… Read More

U.S. Fintech Xalles Set to Acquire Cryptocurrency Platform Vigor Crypto Holdings

Xalles Holdings Inc. (OTC: XALL), a fintech holding company providing technology and financial services solutions, recently announced it will acquire Vigor Crypto Holdings, a cryptocurrency firm, as a wholly owned subsidiary under Xalles Capital Inc. Xalles notably claims that Vigor Crypto has been enhancing its cryptocurrency… Read More

Paybito Announces Plans to Double Workforce During 2021’s First Quarter

U.S.-based cryptocurrency exchange PayBito recently announced it plans to double its workforce across multiple locations worldwide, with the hiring to take place throughout the first quarter of 2021. PayBito reported that it is expanding its operations and intending to employ professionals with strong knowledge and background to… Read More

PayBito Reports Record Participation in the UAE For Exchange Affiliate Program

U.S.-based cryptocurrency exchange PayBito announced on Wednesday it has seen record participation for its exchange affiliate program specifically in the UAE region, in the last few months. According to PayBito, the program allows enterprises venturing into the crypto domain to get associated with a renowned brand, and flourish… Read More

OKEx Announces Mainnet Launch of OKExChain

  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

UK Crypto Miner Argo Blockchain Applies to Trade on OTCQB Venture Market in the U.S.

  Argo Blockchain, a UK-based cryptocurrency miner, announced on Tuesday it has filed an application with the Financial Industry Regulatory Authority (FINRA) to be cross-traded publicly on the US OTCQB Venture Market (OTCQB), under the ticker ARBKF. Founded in 2017, Argo describes itself as a… Read More

Grayscale Announces $19 Billion in AUM Milestone

Grayscale Investments, a digital asset management firm that offers retail investors the ability to invest in crypto via listed funds, revealed on Monday it has reached $19 billion in AUM. This milestone comes just a little over a month after Grayscale announced it had more… Read More

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