Tagged: cryptocurrency

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PayPal CEO, Daniel Schulman, stated during an earnings phone call that the existing financial system is considered outdated and that PayPal will be… Read More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

Digital Asset Platform Nexo Introduces In-App Cryptocurrency Exchange Service

    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

Global Fintech Ibanera Joins Forces With Fireblocks to Enhance Cryptocurrency Service Offering

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

tZERO Announces New Partnership With Prime Trust

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

OKEx Reports: OKExChain Unveils Swap & Farm DApps

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

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

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