Tagged: digital currency

Bitwise Milestone: Tops $1 Billion In Assets Under Management

Bitwise Asset Management, a provider of crypto-asset index and beta funds, announced on Tuesday it recently surpassed $1 billion in assets under management (AUM) across its fund family. As previously reported, Bitwise Asset Management claims it pioneered the first cryptocurrency index fund and is the leading provider… Read More

Fiat & Crypto Payments Startup Bottlepay Secures  £11 Million Through Seed Funding Round

BottlePay, a UK-based fiat and crypto payments platform, has reportedly raised £11 million through its Seed funding round. According to Coindesk, the round involved participation from Alan Howard, founder of hedge fund manager Brevan Howard; “present and former” Goldman Sachs partners; venture capital firm FinTech Collective;… Read More

Bitwise Announces Launch of Decentralized Finance Crypto Index Fund

Bitwise Asset Management, a provider of crypto-asset index and beta funds, announced on Monday the launch of the Bitwise Decentralized Finance (DeFi) Crypto Index Fund. According to Bitwise, the formal index methodology is public and is overseen and adjusted on an ongoing basis by the Bitwise… Read More

Klarna Announces Partnership With Sweden-Based Cryptocurrency Broker Safello

  Payment processing platform Klarna announced on Thursday it has formed a new partnership with Sweden-based cryptocurrency broker Safello. Klarna reported that the partnership it will allow the payment platform to enter the cryptocurrency industry. “In recent months, Safello has experienced increased growth, both in new… Read More

UK-Based Crypto Wallet & Exchange Blockchain.com Raises $120 Million Through Strategic Growth Round Led By Macro Investors

  Blockchain.com, a UK-based cryptocurrency wallet and exchange, announced on Wednesday it raised $120 million through its latest strategic growth investment round led by macro investors, which included include Moore Strategic Ventures (Louis Bacon), Kyle Bass, Access Industries, Rovida Advisors, Lightspeed Venture Partners, GV (aka Google Ventures), Lakestar, and Eldridge. Founded in 2011,… Read More

Mastercard Teams Up With Island Pay to Launch Central Bank Digital Currency-Linked Card in the Bahamas

  Mastercard announced on Wednesday it has joined forces with Island Pay to launch the Bahamas Sand Dollar prepaid digital currency-linked card. Mastercard revealed that under the program, the Bahamas Sand Dollar card allows people the option to instantly convert the digital currency to traditional… Read More

PayBito Milestone: Experiences Sign-Up Record After Bitcoin Sees Value Surpass $40,000

  U.S.-based cryptocurrency exchange PayBito recently announced it has been experiencing record signups after Bitcoin crosses the $40,000 mark. The latest milestone comes just weeks after PayBito announced its plans to double its workforce across multiple locations worldwide. “Owing to an enhanced crypto portfolio, PayBito experienced a… Read More

Celsius Milestone: Pays $250 Million in Crypto Yield to Customers

    Celsius Network, a cryptocurrency lending and borrowing platform, announced on Tuesday it has distributed cryptocurrency rewards in value of over $250 million (in today’s value) to its more than 415,000 users. According to Celsius, customers may hold their digital assets in their Celsius wallet… Read More

BitPay Teams Up With Simplex to offer Limited Time Zero Fees on Cryptocurrency Purchases For All of Europe

    Cryptocurrency payments platform BitPay announced on Monday it has joined forces with Simplex to enable European users to buy crypto seamlessly with no credit or debit card fees from within the BitPay Wallet app. BitPay reported that the promotion allows users to quickly… Read More

Alchemy Pay Teams Up With Power-Bank-Sharing Network Instpower to Enable Digital Payment Acceptance Across Charging Stations

    Alchemy Pay, a Singapore-based decentralized finance (DeFi) hybrid fiat and crypto payment solution provider, announced over the weekend it has partnered with Instpower, a global power-bank-sharing network, to enable digital payment acceptance across its charging stations. According to Alchemy Pay, the new partnership… Read More

Amazon Job Listings Reveal that Tech Giant Is Launching a Digital Currency Project in Mexico

The World Wide Public Sector (at Amazon) team is reportedly looking to recruit an experienced Principal Technical Program Manager (TPM) – Digital Currency to serve as the technology “enabler” for “innovating” their customer solutions in support of their goal of promoting economic development and inclusion,… Read More

BitPay’s Prepaid Mastercard Now Supports Apple Pay

  Cryptocurrency payments platform BitPay announced on Friday its prepaid Mastercard now supports Apple Pay. BitPay reported the digital payment option is available from within the BitPay app to the millions of Apple Pay customers and billions of iPhone users.  “Users can add the BitPay… Read More

Max Levchin Discusses Affirm’s Latest Earnings, Cryptocurrency, & More With CNBC’s “Squawk on the Street” (Video)

Max Levchin, CEO and founder of fintech Affirm and PayPal co-founder, sat down with CNBC’s Squawk on the Street team to discuss its fintech Affirm, including its latest earnings and outlook, as well as cryptocurrency. As previously reported, Affirm is a point of sale credit… Read More

XTM Set to Allow Cryptocurrency Trading in Today Wallet

  XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Friday its plans of expansion of crypto trading within the Today Mobile wallet allowing holders to purchase and transact in cryptocurrency. XTM reported that as previously announced this past summer… Read More

Cryptocurrency Mining Firm Compute North Secures $25 million in Debt Financing & Equity

Compute North, a U.S.-based large-scale computing infrastructure and cryptocurrency mining firm, announced on Thursday it raised $25 million in debt financing and equity to expand capacity and enable further growth. Founded in 2017, Compute North states it delivers high-performance cryptocurrency mining and infrastructure solutions to… Read More

Kraken Announces Launch of Independent Investment Fund For Crypto & Fintech Companies

  Kraken, a U.S.-based digital asset exchange, announced on Thursday it is backing the newly launched Kraken Ventures, an independent investment fund targeting early stage companies and protocols across the crypto and fintech ecosystem. According to Kraken, the fund will invest in the technologies powering… Read More

Update: Cryptocurrency-Powered Social Network Uhive Set to Close Seedrs Campaign With More Than £700,000 in Funding

  Uhive, a UK-based cryptocurrency-powered social network, is set to close its equity crowdfunding campaign on Seedrs with £700,000 in funding from 450 Seedrs investors. As previously reported,  Uhive describes itself as a new free advanced social network that is divided into two “contrasting worlds,” which are Civilized… Read More

Mastercard Set to Bring Cryptocurrency onto Network

  Mastercard announced on Wednesday it is set to bring cryptocurrency to its network. The financial giant reported that this is a big change that will require a lot of work and it will be very thoughtful about which assets we support based on its principles… Read More

OKEx Announces Wallet Integration With Unstoppable Domains to Improve UX & Enable Faster Payments,

    Digital asset marketplace OKEx announced on Tuesday its wallet integration with blockchain domain provider Unstoppable Domains.  According to OKEx, Unstoppable Domains has already launched thousands of websites in the decentralized web, registering more than 250,000 domains to date. The integration with OKEx wallet will help… Read More

Crypto.com Exchange Lending Announces BTC as a Loan Currency

Hong Kong-based Crypto.com announced on Wednesday its Exchange Lending users may now secure a BTC loan by borrowing against their crypto and access a loan-to-value (LTV) ratio of up to 50%. According to Crypto.com, Lending allows users to monetize their cryptocurrency assets without any need of… Read More

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