Tagged: cryptocurrency

January 7, 2021 @ 10:19 pm By Samantha Hurst  |  

  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

January 7, 2021 @ 4:20 pm By Samantha Hurst  |  

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

January 7, 2021 @ 3:24 pm By Samantha Hurst  |  

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

January 7, 2021 @ 10:30 am By Samantha Hurst  |  

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

January 7, 2021 @ 7:54 am By Samantha Hurst  |  

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

January 6, 2021 @ 4:48 pm By Samantha Hurst  |  

  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

January 5, 2021 @ 9:08 am By Samantha Hurst  |  

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

January 4, 2021 @ 11:45 am By Samantha Hurst  |  

  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

January 4, 2021 @ 10:23 am By Samantha Hurst  |  

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

January 3, 2021 @ 10:55 pm By Samantha Hurst  |  

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

December 31, 2020 @ 11:00 pm By Samantha Hurst  |  

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

December 30, 2020 @ 2:40 pm By Samantha Hurst  |  

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

December 30, 2020 @ 10:19 am By Samantha Hurst  |  

  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

December 29, 2020 @ 2:56 pm By Samantha Hurst  |  

  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

December 29, 2020 @ 11:35 am By Samantha Hurst  |  

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

December 29, 2020 @ 10:45 am By Samantha Hurst  |  

  Simplex, an EU-licensed financial institution that provides the fiat infrastructure for the cryptocurrency industry, announced on Tuesday it has approved for principal membership to the Visa network. According to Simplex, the approval represents a “pivotal” move-in enabling digital currency users the ability to access… Read More

December 29, 2020 @ 9:48 am By Samantha Hurst  |  

  NexTech AR Solutions (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Canada-based provider of virtual and augmented reality (AR) experience technologies and services for eCommerce, education, conferences and events, announced on Tuesday it plans to make an initial investment of $2million in Bitcoin and may add… Read More

December 28, 2020 @ 2:44 pm By Samantha Hurst  |  

Coin Cloud, a U.S.-based Digital Currency Machine (DCM) company, announced on Monday it has installed its 1,250th kiosk. Founded in 2014, Coin Cloud claims to be the world’s largest network of two-way digital currency kiosks. “We provide the easiest way to buy and sell Bitcoin… Read More

December 28, 2020 @ 12:42 pm By Samantha Hurst  |  

OKEx, a top 20 crypto exchange, announced on Monday the launch of real-time settlement for all perpetual swaps, futures, and options contracts that are coming soon to the platform. According to OKEx,  the new feature will provide a better trading experience for users, improve the… Read More

December 28, 2020 @ 8:51 am By Samantha Hurst  |  

  UK-based next-generation banking platform Cashaa announced on Monday Unicas has opened its first physical branch in Jaipur, India. Unicas is notably a join venture between Cashaa and the United Multistate Coop Society and allows users to transact in cryptocurrency and fiat from one account…. Read More