Tagged: cryptocurrency

December 23, 2020 @ 2:28 pm By Samantha Hurst  |  

  CoinDCX, an India-based cryptocurrency exchange, announced on Tuesday it raised Rs 100 crore ($13.9 million) through its Series B investment round, which was led by Block.one with participation from DG, Jump Capital, Uncorrelated Ventures, Coinbase Ventures, Polychain Capital, Mehta Ventures, and Alex Pack. Founded… Read More

December 22, 2020 @ 7:53 am By Samantha Hurst  |  

    Digital payments platform Wirex announced on Tuesday it has been named a principal member of the Visa Network in Europe. The company revealed it previously completed Visa’s FinTech Fast Track Programme and as a principal member, it will be allowed to issue Visa cards… Read More

December 18, 2020 @ 10:57 pm By Samantha Hurst  |  

Hong Kong-based Crypto.com announced on Friday Crossfire, the platform’s chain, is preparing for its Mainnet launch with a final dry run. According to Crypto.com, Crossfire marks an important milestone and final step in preparation for mainnet. “Participating Validators have the opportunity to compete with each… Read More

December 18, 2020 @ 9:58 am By Samantha Hurst  |  

CoinEx, a global and professional cryptocurrency exchange service provider, announced on Friday it is celebrating its third anniversary by unveiling an overall system and product upgrade named “Aegis.” CoinEx reported that the upgrade significantly improves the performance and security of its underlying platform, enhances the… Read More

December 17, 2020 @ 1:45 pm By Samantha Hurst  |  

    BitGo, a digital asset financial services provider, announced on Thursday it has launched an institutional-grade multi signature wallet solution. According to BitGo, the solution provides on-chain, multi-signature security fo Hedera’s HBAR token through its affiliate BitGo Inc. Additionally, BitGo Trust will provide insured,… Read More

December 17, 2020 @ 7:53 am By Samantha Hurst  |  

  Paxos, a blockchain infrastructure platform, today announced it has closed a $142 million Series C round of funding. Declaration Partners, the investment firm backed by the family office of David M. Rubenstein, led the round, with participation from Mithril Capital, PayPal Ventures, RIT Capital Partners plc, Ken Moelis, Alua Capital,… Read More

December 16, 2020 @ 1:23 pm By Samantha Hurst  |  

FalconX, a U.S.-based digital asset trading platform, announced on Wednesday it secured an investment from American Express Ventures. According to FalconX, American Express Ventures joined existing investors Accel, Accomplice VC, Coinbase Ventures, Fenbushi Capital, Flybridge Capital Partners, Lightspeed Venture Partners, and Avon Ventures, a venture… Read More

December 15, 2020 @ 2:43 pm By Samantha Hurst  |  

BitPay announced on Tuesday that mobile payments app Slide Mobile Payments is adding cryptocurrency as a payment option using the digital currency platform. Slide, which was notably created by PayPal-backed company Raise Marketplace and launched earlier this year, claims to be the only mobile payment… Read More

December 15, 2020 @ 10:07 am By Samantha Hurst  |  

U.S. fintech Zytara announced on Tuesday it has teamed up with Prime Trust to launch its Zytara Dollar (ZUSD) stablecoin. According to Zytara, ZUSD will be 100% collateralized with a corresponding USD held with Prime Trust, redeemable through Prime Trust at a 1:1 ratio and… Read More

December 14, 2020 @ 1:54 pm By Samantha Hurst  |  

UK/Spain-based fintech Nebeus announced on Monday the launch of its new product, Crypto Renting. Nebeus describes Crypto Renting as a unique product in the fintech and crypto industries that allows cryptocurrency owners to get passive earnings from their crypto without selling it. “Crypto Renting, from… Read More

December 14, 2020 @ 10:48 am By Samantha Hurst  |  

  DigitalMint, a U.S.-based Bitcoin point-of-sale provider, announced on Monday it has formed a strategic long-term partnership with Kerma Tech, a Southeast ATM operator, to provide consumers access to cryptocurrency across several states, including Georgia, Tennessee, and Indiana.  According to the DigitalMint, the initial launch with Kerma Tech calls… Read More

December 11, 2020 @ 9:15 pm By Samantha Hurst  |  

  Celsius Network, a cryptocurrency lending and borrowing platform, announced this week it has teamed up with blockchain analysis company Chainalysis to complete an audit confirming $3,318,368,196.40 of assets. According to Celsius Network, the conclusion of this audit, confirmed through Chainalysis Reactor, the investigative blockchain… Read More

December 9, 2020 @ 1:15 pm By Samantha Hurst  |  

SC Ventures, the innovation and ventures unit of Standard Chartered, announced on Wednesday it has teamed up with Northern Trust, a provider of asset servicing, to launch Zodia Custody, an institutional-grade custody solution for cryptocurrencies. According to the duo, Zodia is designed to enable institutions… Read More

December 8, 2020 @ 2:13 pm By Samantha Hurst  |  

BitGo Prime, a digital asset financial services company to offer a deeply integrated solution with lending, trading, and custody, announced on Tuesday its Capital Introduction Services (Cap Intro) for its premier clients who seek to optimize their investment strategies. BitGo Prime reported that through a… Read More

December 7, 2020 @ 2:03 pm By Samantha Hurst  |  

OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, announced on Monday that Grayscale Litecoin Trust (OTCQX: LTCN), an investment vehicle that enables investors to gain access and exposure to Litecoin in the form of a security without the challenges of buying,… Read More

December 1, 2020 @ 10:34 am By Samantha Hurst  |  

  Cryptocurrency payments platform BitPay announced on Tuesday two new executive hires, Jagruti Solanki, CPA, MBA, CGMA as Chief Financial Officer, and Shaun Worley as Product Vice President.  BitPay reported that prior to joining its team, Solanki served as an Assurance Partner with Aprio, LLP, specializing in technology… Read More

November 30, 2020 @ 3:46 pm By Samantha Hurst  |  

Less than two years after Coinsquare acquired cryptocurrency trading platform StellarX, financial software engineering company Ultra Stellar has purchased the platform. As previously reported, StellarX is claimed to be the first full-featured trading app for Stellar’s universal marketplace. The exchange operates as a truly decentralized… Read More

November 30, 2020 @ 3:21 pm By Samantha Hurst  |  

Sberbank isn’t ruling out the possibility of issuing its own cryptocurrency, Sbercoin, in 2021. According to CEO of Russian banking group, Herman Gef, Sberbank is joining forces with JP Morgan for the crypto project and may launch the currency as an “experiment” next year. Gref… Read More

November 29, 2020 @ 11:00 pm By Samantha Hurst  |  

Digital asset exchange Bitfinex announced on Thursday that deposits and withdrawals for Bitcoin Cash Node (BCHN) have officially opened. Prior to this launch, Bitfinex announced the upcoming Bitcoin Cash (BCH) network protocol upgrade, and any associated hard fork, was schedule for November 15, 2020 at… Read More

November 27, 2020 @ 11:41 am By Samantha Hurst  |  

OKEx, a top 20 crypto exchange, announced on Friday it has restored its full range of services for its users by reopening withdrawals of all digital assets. OKEx reported that its team ran comprehensive security checks prior to resuming normal operations of the hot wallet… Read More