Tagged: digital currency

May 6, 2021 @ 8:08 am By Samantha Hurst  |  

    Digital bank Revolut announced on Thursday the public beta launch of crypto withdrawals. According to Revolut, the new feature will provide customers with the option to transfer Bitcoin to their personal wallets outside of the Revolut platform. “With the rollout of crypto withdrawals, Revolut… Read More

May 5, 2021 @ 9:26 am By Samantha Hurst  |  

  Bitso, a Mexico-based crypto platform, announced on Wednesday it has achieved unicorn status after raising $250 million through its Series C investment round, which was led by Tiger Global and Coatue with participation from Paradigm, BOND & Valor Capital Group, QED, Pantera Capital, and Kaszek. The… Read More

May 3, 2021 @ 2:08 pm By Samantha Hurst  |  

  Bitcoin Depot, a cryptocurrency ATM network, announced on Monday it has launched more than 350 new crypto ATMs opening across the U.S. Founded in 2016, Bitcoin Depot describes itself as a multi-cryptocurrency ATM network that offers users the ability to buy and sell Bitcoin,… Read More

May 3, 2021 @ 1:24 pm By Samantha Hurst  |  

  Mogo Inc. (NASDAQ: MOGO) (TSX: MOGO) a Canada-based digital payments and financial technology company, announced on Monday it has purchased approximately 146 Ether (ETH) at an average price $2,780. The company reported that its Ethereum investment is consistent with management’s plans to increase its on-balance… Read More

May 3, 2021 @ 11:50 am By Samantha Hurst  |  

  Social investment app Invstr announced on Monday the launch of its cryptocurrency trading through its collaboration with Vast Bank. Invstr reported that it is using the Coinbase exchange platform for trading and its members in all 50 U.S. states are now able to buy and… Read More

May 2, 2021 @ 10:56 pm By Samantha Hurst  |  

  Fantom, an Australia-based blockchain platform, announced over the week it has surpassed three million transactions. Founded in 2018, Fantom describes itself as a consensus-as-a-service (CaaS) platform for the next generation of distributed ledgers. “The team behind Fantom has created a consensus mechanism which is… Read More

May 2, 2021 @ 10:38 pm By Samantha Hurst  |  

  Estonia-based aspiring “crypto-bank” Crypterium has extended its equity crowdfunding campaign on Seedrs and has raised more than €2.9 million. The funding round, which launched last month, originally sought to raise €1 million and has attracted over 2,450 Seedrs investors. As previously reported, Crypterium stated it is building… Read More

April 30, 2021 @ 1:50 pm By Samantha Hurst  |  

      U.S.-based cryptocurrency exchange PayBito announced on Thursday it has crossed $2 billion in its daily trading volume and is seeking to achieve $5 billion by the end of 2021. The latest milestone comes just a few months after PayBito announced it was experiencing record… Read More

April 30, 2021 @ 11:00 am By Samantha Hurst  |  

Bittrex, a cryptocurrency exchange based in the U.S., announced on Friday its integration with the DigitalBits blockchain mainnet, as well as its support for the DigitalBits ERC-20 token swap. The launch comes just after Bittrex recently listed both the Zytara dollar (ZUSD) and DigitalBits (XDB)… Read More

April 29, 2021 @ 10:44 pm By Samantha Hurst  |  

TrustSwap, a Canada-based full-service digital asset platform, announced on Thursday more than $1 billion in cryptocurrencies have been locked and vested by TrustSwap clients through their SmartLock service. Launched in the summer of 2020, TrustSwap describes itself as a distributed platform, cryptocurrency and protocol that… Read More

April 27, 2021 @ 11:57 am By Samantha Hurst  |  

  US-based digital assets firm Gemini announced on Tuesday the details of its first-of-a-kind cryptocurrency rewards credit card, including a partnership with Mastercard and WebBank. The company reported that the credit card, which has more than 140,000 people on its waitlist, will be making its debut… Read More

April 27, 2021 @ 11:42 am By Samantha Hurst  |  

Bitstamp, a Luxembourg-based cryptocurrency exchange, announced on Tuesday it has surpassed $50 million in loan originations through Silvergate Capital Corporation’s (NYSE:SI) SEN Leverage product. Bitstamp reported it was the first digital currency organization to offer custody and collateral management though SEN Leverage. The platform has… Read More

April 27, 2021 @ 8:19 am By Samantha Hurst  |  

    Paxful, a leading peer-to-peer (P2P) Bitcoin (BTC) marketplace, announced on Tuesday its platform now has more than $5 billion has been traded to date on its platform and that it now has over six million users. Founded in 2015, Paxful describes itself as a… Read More

April 26, 2021 @ 9:53 am By Samantha Hurst  |  

   Securrency, a global financial services technology infrastructure and products company, announced on Monday it raised $30 million through its Series B investment round, which saw participation from WisdomTree Investments, Abu Dhabi Catalyst Partners Limited (ADCP), State Street, and U.S. Bank. The investment round comes… Read More

April 21, 2021 @ 11:37 am By Samantha Hurst  |  

  US-based digital assets firm Gemini announced on Wednesday the release of its latest report, which revealed that nearly two-thirds of U.S. adults are now interested in cryptocurrency, The data was notably gathered from a nationally representative survey of 3,000 U.S. adults that pointed to a… Read More

April 19, 2021 @ 10:07 pm By Omar Faridi  |  

China is reportedly expanding its virtual yuan experiments to more local cities, however, there’s no exact timetable for its official launch, central bank Vice Governor Li Bo stated during an annual meeting on Sunday (April 18, 2021) of both Chinese and foreign policymakers, senior executives… Read More

April 19, 2021 @ 9:37 pm By Omar Faridi  |  

Pakistan is reportedly planning to carry out studies in order to potentially launch a State-backed virtual currency so that it can enhance its existing banking system, enable greater financial inclusion, and also ensure that illicit activtiies such as money laundering are not being carried out… Read More

April 19, 2021 @ 2:29 pm By Samantha Hurst  |  

    Diginex Limited, a digital assets financial services company, announced on Monday a record total volumes of over $1 billion in April month to date through its crypto exchange EQUOS, with average daily volumes during the period increased over three times compared to average daily volumes… Read More

April 18, 2021 @ 10:40 pm By Samantha Hurst  |  

  Estonia-based aspiring “crypto-bank” Crypterium has secured more than €2.4 million through its equity crowdfunding campaign on Seedrs. The funding round, which is set to close later this week, originally sought to raise a minimum of €1 million and has already attracted 2,000 Seedrs investors. As previously reported,… Read More

April 18, 2021 @ 10:03 pm By Samantha Hurst  |  

Cryptocurrency exchange platform Liquid announced on Sunday it is working with Silvergate Bank to support instant USD settlement on an internal settlement platform, the Silvergate Exchange Network (SEN). Liquid reported it has completed integration with SEN that will allow Liquid users to deposit and withdraw… Read More