Tagged: san francisco

July 19, 2020 @ 6:08 pm By Omar Faridi  |  

San Francisco-based crypto exchange Coinbase announced on July 16, 2020, that it will support Algorand (ALGO) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers will be able to purchase, sell, convert, send, receive, or store ALGO. The digital asset exchange confirmed… Read More

July 12, 2020 @ 2:44 pm By Omar Faridi  |  

The global COVID-19 outbreak has negatively impacted businesses in many different industries throughout the world. Remote working is increasingly becoming the “new normal” for many people. Employees are able to perform most of their daily tasks from home, and don’t need to be at a… Read More

July 12, 2020 @ 12:35 pm By Omar Faridi  |  

San Francisco-based crypto exchange Coinbase is offering its blockchain analytics software to the US Secret Service, a federal law enforcement agency that operates under the Department of Homeland Security. The agency performs criminal investigations and aims to protect the country’s leaders and their family members…. Read More

June 28, 2020 @ 6:23 pm By Omar Faridi  |  

DeFi protocol Compound’s native COMP token is now available on Coinbase Earn, a platform that allows users to earn cryptocurrency while they learn about how digital assets and blockchain tech work. Coinbase Earn allows users to earn many different crypto-assets including EOS, stablecoin Dai, and… Read More

June 26, 2020 @ 7:08 pm By Omar Faridi  |  

San Francisco-based Karat, a company founded by an Instagram alum and backed by the co-founder of Twitch, is reportedly planning to offer a new credit card for upscale clients who are focused on creating digital content. The Silicon Valley firm’s management attended the recent Y-Combinator… Read More

June 22, 2020 @ 9:00 am By Omar Faridi  |  

Cred, a global blockchain-enabled financial services platform serving clients in around 190 countries, has hired Daniel Goldstein as its new CTO. Bethany De Lude has also joined Cred. She’ll be taking over the company’s security operations as Chief Information Security Officer (CISO). As mentioned in… Read More

June 14, 2020 @ 10:08 pm By Omar Faridi  |  

San Francisco-based Fintech firm SynapseFI has reportedly cut down the number of employees on its payroll. The company is also planning to expand its operations in Texas in order to diversify its business strategy and survive the COVID-19 crisis. Synapse offers several back-office financial products… Read More

June 13, 2020 @ 3:47 pm By Omar Faridi  |  

Rex Salisbury, partner on the Fintech team at VC firm Andreessen Horowitz (A16Z) and founder of Cambrian, a community at the “white-hot center” of Fintech, reveals that partner banks have “exploded” in recent years. Salisbury confirmed that today, there are over 30 partner banks, which… Read More

June 8, 2020 @ 3:52 pm By Omar Faridi  |  

Digital asset exchange Coinbase confirms that it experienced an outage on June 1, 2020, that reportedly affected the operations of Coinbase.com (mainly for regular or retail traders), Coinbase Pro for professional or institutional traders, and it also impacted the exchange’s mobile applications. Not all cryptocurrency… Read More

June 5, 2020 @ 12:52 am By Omar Faridi  |  

California-based Fintech Wealthfront, a Robo-Advisor that had been focused on becoming a digital bank, has revealed that its checking account features are now live for the Wealthfront Cash Account. In statements shared with Crowdfund Insider, Wealthfront’s management noted that they’re on track to deliver what… Read More

May 31, 2020 @ 10:45 pm By Omar Faridi  |  

San Francisco-based crypto exchange Coinbase has confirmed that on June 8, 2020, it will begin taking inbound transfers of Maker (MKR) to Coinbase Pro, the platform for professional digital asset traders. The exchange operator said that users may start trading MKR via Coinbase “on or… Read More

May 30, 2020 @ 6:00 pm By Omar Faridi  |  

San Francisco-based Brex, a company focused on developing B2B financial products, recently acquired $150 million in capital, in order to further strengthen its existing balance sheet and help it maintain operations during the COVID-19 outbreak. Now, the company has announced (on May 29) that it… Read More

May 30, 2020 @ 4:50 pm By Omar Faridi  |  

Fortmatic, a company that aims to improve the user experience, or UX, (which can be poor with digital asset wallets) by allowing users to access their Ethereum (ETH) funds from their app, has secured $4 million in seed funding. The firm’s app aims to allow users… Read More

May 29, 2020 @ 7:57 pm By Omar Faridi  |  

San Francisco-based cryptocurrency exchange Coinbase is focused on providing more ways for users to earn financial rewards by simply holding digital assets. Coinbase recently introduced Tezos (XTZ) staking rewards for its US-based customers. The exchange will now be offering this option to its UK clients… Read More

May 29, 2020 @ 3:05 pm By Omar Faridi  |  

XRP liquidity via the Mexican and Australian corridor recently reached another all-time high. The digital asset’s European corridor liquidity has also increased significantly. San Francisco-based Fintech firm Ripple’s on-demand-liquidity (ODL) solution has experienced an considerable increase in overall usage and adoption this year. The company’s… Read More

May 27, 2020 @ 1:05 pm By Omar Faridi  |  

Fundbox, a Fintech firm focused on “disrupting” the global $21 trillion B2B commerce ecosystem with its payment and credit network for B2B transactions, confirmed on May 26, 2020, that it received a fresh equity investment from MUFG Innovation Partners Co., Ltd., the corporate VC division… Read More

May 24, 2020 @ 11:02 pm By Omar Faridi  |  

San Francisco-based cryptocurrency exchange Coinbase began supporting trading with OmiseGo (OMG) on May 21, 2020. The OMG token price surged 200% in only 15 minutes after the listing, however, it then crashed immediately. OMG is trading at $1.88 at the time of writing, down 5.44%… Read More

May 23, 2020 @ 2:07 pm By Omar Faridi  |  

Coinbase Custody, the digital asset custody solutions offered by San Francisco-based exchange Coinbase, has introduced staking for blockchain interoperability platform Cosmos’ ATOM tokens. Coinbase Custody was reportedly the first digital asset custodian to provide staking and “active governance” for cryptocurrencies residing in cold wallets (offline… Read More

May 20, 2020 @ 7:46 am By Omar Faridi  |  

San Francisco-based Brex, a company focused on developing B2B financial products, has secured $150 million in capital from DST, Lone Pine Capital, and several other investors. Brex offers a corporate credit card for technology firms. The financial services firm helps startups of all sizes (from… Read More

May 18, 2020 @ 11:04 pm By Omar Faridi  |  

A lawsuit was filed on May 16, 2020, against HDR Global Trading Ltd, the parent company of the Hong Kong-operated Bitcoin Mercantile Exchange (BitMEX), a leading digital currency derivatives exchange that averages billions of dollars worth of daily trading volume. The 106-page lawsuit has also… Read More