Tagged: cryptocurrency

September 10, 2019 @ 2:09 pm By Samantha Hurst  |  

Gemini Trust Company, a U.S.-based cryptocurrency exchange and custodian, announced on Tuesday the launch of its new institutional-grade crypto custody solution, Gemini Custody. Gemini reported that the solution was built from the ground up to meet the “complex and high-stakes” need of modern financial institutions…. Read More

September 10, 2019 @ 2:00 pm By Samantha Hurst  |  

Kaiko, a digital assets data provider, announced on Tuesday it raised €5 million through its latest seed funding round led by global financial services investors Anthemis Group and Point Nine Capital with participation from CoinShares. Founded in 2014, Kaiko describes itself as a market data… Read More

September 8, 2019 @ 10:50 pm By Samantha Hurst  |  

SALT, a crypto-collateralized online lending platform, announced on last week that beginning October 1st it will offer the just released PAX Gold (PAXG) as a collateral type for clients seeking to use their digital assets as collateral to secure a USD loan. The online lender… Read More

September 5, 2019 @ 9:01 pm By Samantha Hurst  |  

Cooper, a UK-based custodian for digital assets, announced on Wednesday it has hit $500 million in transactions since its launch three months ago. Founded in 2018, Copper has developed a secure platform to facilitate investors who require dedicated account management and professional custody and execution services…. Read More

September 5, 2019 @ 2:44 pm By Samantha Hurst  |  

Superintendent of Financial Services Linda A. Lacewell announced on Thursday the New York State Department of Financial Services (DFS) has authorized Paxos Trust Company LLC to offer a gold-backed virtual currency. Lacewell reported that this is the first gold-backed virtual currency that is being offered… Read More

September 5, 2019 @ 2:23 pm By Samantha Hurst  |  

Digital currency for payments and e-commerce platform Dash announced on Thursday it is now accepted at over 1,000 new merchants and more than 250 ATMs through its partnership with IQ CashNow, a full-service provider specializing in cryptocurrency ATMs, point-of-sale (POS) terminals and e-commerce websites. Dash… Read More

September 4, 2019 @ 10:33 am By Samantha Hurst  |  

Elliptic, a provider of crypto-asset risk management solutions for crypto businesses and financial institutions, announced on Wednesday it secured $23 million through its Series B funding round, which was led by SBI Group with participation from SignalFire, Octopus Ventures, and Santander Innoventures. Founded in 2013,… Read More

September 3, 2019 @ 4:04 pm By Samantha Hurst  |  

trueDigital Holdings, LLC, a global provider of financial infrastructure technologies and products for the digital economy, announced on Tuesday it has rebranded to Tassat. According to trueDigital, the new name represents the company’s values and its focused, pragmatic and client-centric approach to delivering institutional-grade and… Read More

August 30, 2019 @ 10:15 pm By Samantha Hurst  |  

Italy-based cryptocurrency exchange platform, Young Platform, is set to close its Seedrs campaign with nearly €800,000 in funding. The funding round was launched on the equity crowdfunding platform earlier this summer and quickly secured its initial €500,000 funding target. It has attracted more than 700… Read More

August 26, 2019 @ 12:59 pm By Samantha Hurst  |  

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Monday it has surpassed 20,000 BTC through mobile app deposits during the first year of operations. The platform reported that with the mission of making financial services fair, rewarding, and transparent, members may earn interest… Read More

August 26, 2019 @ 8:52 am By Samantha Hurst  |  

CoinFLEX, a physically delivered crypto futures exchange, recently announced it secured over $10 million in funding this year. Polychain Capital, a premier investor in cryptocurrency protocols and companies and NGC Ventures II, the multi-strategy crypto fund of one of the world’s leading blockchain investment firms,… Read More

August 22, 2019 @ 9:30 am By Samantha Hurst  |  

Blockchain software firm BitGo announced on Thursday the launch of its new multi-signature wallet and custody for EOS. BitGo reported it now supports more than 200 coins and tokens enabling institutional clients to hold assets. BitGo further explained: “The EOS token is one of the… Read More

August 21, 2019 @ 12:13 pm By Samantha Hurst  |  

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday it has formed a partnership with Tether, a stablecoin which pegs its value to the US dollar. Celsius Network reported that its mobile app will now support the USDT ERC20 stablecoin allowing USDT holders… Read More

August 21, 2019 @ 11:05 am By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com announced on Wednesday a range of enhanced security measures including Two Factor Authentication (2FA) for certain transactions and insurance of digital assets. The crypto portal also launched of a new Security Page, which outlines its commitment to maintaining industry-leading security… Read More

August 19, 2019 @ 3:04 pm By Samantha Hurst  |  

Coinmine, a U.S.-based crypto mining startup, announced last week it secured $2.5 million through its receive seed funding round, which was led by M13 with participation from Gumi Crypto, Republic Labs, Canaan Labs, and Shervin Pishevar. The company revealed that its mission is to continue… Read More

August 19, 2019 @ 1:40 pm By Samantha Hurst  |  

Cryptocurrency exchange Binance announced on Monday its new open blockchain project, called Venus. According to Binance, Venus is described as an initiative to develop localize stablecoins and digital assets pegged to fiat currencies across the globe. “Binance is looking to create new alliances and partnerships… Read More

August 19, 2019 @ 1:03 pm By Samantha Hurst  |  

Rakuten Wallet, Inc., a consolidated subsidiary of Rakuten Group and operator of a crypto asset (virtual currency) exchange business, announced on Monday it has launched a spot trading service for crypto assets, which allows users to conduct spot trading of crypto assets through its dedicated… Read More

August 19, 2019 @ 10:34 am By Samantha Hurst  |  

Blockchain software firm BitGo announced on Monday it has appointed former Senior Vice President at Xapo, Pete Najarian, as its new Chief Revenue Officer. According to BitGo, Najarian has more than 20 years of experience working in international finance with institutional investors. Prior to Xapo,… Read More

August 16, 2019 @ 9:56 pm By Samantha Hurst  |  

Cryptocurrency exchange platform Coinbase announced on Friday it recently began emailing a total of 3,420 of its customers to let them know that a bug in its signup resulted in some registration details being stored in clear text in its internal web server logs. Coinbase… Read More

August 16, 2019 @ 7:31 am By Samantha Hurst  |  

Coinbase announced on Thursday that its Coinbase Custody has completed the acquisition of Xapo’s institutional businesses. Coinbase claims that the acquisition caps off a tremendous period of growth and innovation for Coinbase Custody. “In just over one year since launch, Coinbase Custody has grown to over $7 billion… Read More