Tagged: united states

January 3, 2021 @ 2:13 pm By Omar Faridi  |  

Robin Mahler Weisman, Senior Policy Counsel at Coin Center, a leading non-profit entity focused on the latest policy issues facing digital currencies, notes that the US Congress had warned the Treasury regarding its “unusually short” timeline for feedback regarding its new cryptocurrency rulemaking proposal. Weisman… Read More

January 2, 2021 @ 5:25 pm By Omar Faridi  |  

As the Bitcoin (BTC) price continues to set new all-time highs (now approaching nearly $30,000), Riot Blockchain’s (NASDAQ:RIOT) stock surged almost 1,500% in 2020. There were very few assets in 2020 that outperformed Bitcoin, however, the shares of Riot have been rising along with Ethereum… Read More

January 2, 2021 @ 4:05 pm By Omar Faridi  |  

As the COVID-19 pandemic continues to affect billions of people globally, digital platforms remain the most accessible and safest way for many consumers to take care of their daily tasks including banking. New users have had a lot of time during the Coronavirus crisis to… Read More

January 1, 2021 @ 11:10 pm By Omar Faridi  |  

Pete Kim, who has helped build the USDC stablecoin version 2.0 and the Coinbase Wallet, has published an update on upgrading one of the world’s largest digital assets, USDC, which is an (Ethereum) ERC-20 compliant token. Kim explains that USD Coin (USDC) is a stablecoin… Read More

December 31, 2020 @ 11:00 pm By Samantha Hurst  |  

U.S.-based cryptocurrency exchange PayBito recently announced it plans to double its workforce across multiple locations worldwide, with the hiring to take place throughout the first quarter of 2021. PayBito reported that it is expanding its operations and intending to employ professionals with strong knowledge and background to… Read More

December 31, 2020 @ 4:40 pm By Omar Faridi  |  

Wolters Kluwer, a company providing information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors, has enhanced the end-to-end user experience for the latest Paycheck Protection Program (PPP) funding va TSoftPlus software and the eOriginal platform…. Read More

December 31, 2020 @ 9:14 am By Samantha Hurst  |  

  Online lending platform Lendio announced on Wednesday its plans to hire a total of 500 employees by the end of January 2021. The online lender is set to hire 190 full-time temporary-to-hire employees by January 7th, with the help of recruiting firm, PrincePereison. “During… Read More

December 30, 2020 @ 1:26 pm By Samantha Hurst  |  

   PayPal Holdings, Inc. (NASDAQ: PYPL) recently announced its check-cashing fees associated with the PayPal cash-a-check feature are being waived for government stimulus paper check recipients, enabling more customers to access their funds usually within minutes, from the safety of their own home, free of charge. PayPal reported that customers… Read More

December 30, 2020 @ 12:18 pm By Samantha Hurst  |  

  Paysend, a UK-based global payments platform, announced on Tuesday more than 150,000 net new U.S.-based customers have used its platform during the last three months alone to send digital money transfers across borders. Paysend reported that following its stateside launch in September amidst the pandemic,… Read More

December 30, 2020 @ 8:53 am By Omar Faridi  |  

Prosper, a peer-to-peer lending company that connects borrowers and investors with over $17B in loans issued via its platform, has shared their performance data from the Prosper Portfolio for November 2020. Last month, around 84% of originations were “rated AA-B compared to 86% in the… Read More

December 29, 2020 @ 11:45 pm By Omar Faridi  |  

Fintech Unicorn SoFi notes in its end of year review that we just experienced the “longest bull market run in history.” The SoFi team states that 2020 has been quite a memorable year. During these unprecedented times, due to the COVID-19 outbreak, industries have been… Read More

December 29, 2020 @ 11:13 pm By Omar Faridi  |  

San Francisco-based Blend, which claims to offer market-leading digital lending technology that makes the process of acquiring a loan simpler, faster, and safer, notes that the standard origination tech stack includes too many tools and systems, “anchored by mortgage loan origination software.” According to Blend,… Read More

December 29, 2020 @ 2:56 pm By Samantha Hurst  |  

  Argo Blockchain, a UK-based cryptocurrency miner, announced on Tuesday it has filed an application with the Financial Industry Regulatory Authority (FINRA) to be cross-traded publicly on the US OTCQB Venture Market (OTCQB), under the ticker ARBKF. Founded in 2017, Argo describes itself as a… Read More

December 29, 2020 @ 8:13 am By Omar Faridi  |  

Los Angeles based Verifi, a company that claims it has been leading the dispute management and payment protection sector for sellers and issuers since 2005, reveals that remote purchasing has seen “great advances” in automated fraud protection and authentication. Verifi is bringing automated dispute protection… Read More

December 29, 2020 @ 8:04 am By Omar Faridi  |  

San Francisco based crypto exchange Coinbase announced on December 29, 2020, that it will be suspending XRP trading beginning on January 19, 2021. The leading digital asset exchange confirmed that “in light of the US Securities and Exchange Commission’s (SEC) recent action against Ripple Labs,… Read More

December 28, 2020 @ 2:44 pm By Samantha Hurst  |  

Coin Cloud, a U.S.-based Digital Currency Machine (DCM) company, announced on Monday it has installed its 1,250th kiosk. Founded in 2014, Coin Cloud claims to be the world’s largest network of two-way digital currency kiosks. “We provide the easiest way to buy and sell Bitcoin… Read More

December 27, 2020 @ 11:42 pm By Samantha Hurst  |  

  BitGo, a digital asset financial services provider, recently announced it has hit $16 billion in digital assets under custody (AUC) milestone. Founded in 2013, BitGo describes itself as the leader in digital asset financial services, providing institutional investors and crypto platforms with liquidity, custody, and… Read More

December 27, 2020 @ 2:31 pm By Omar Faridi  |  

Kraken recently announced that crypto exchange pioneer Miha Grčar has joined the US-based digital assets exchange as its Head of Business Development. Kraken’s management confirmed that they’re looking forward to working with Miha Grčar, a pioneer of the digital currency exchange sector. As mentioned in… Read More

December 26, 2020 @ 9:57 pm By Omar Faridi  |  

Digital asset exchange Coinbase notes that its Security team regularly monitors the safety of its trading platform and customers’ funds. The US-based exchange also keeps a close eye on security threats and “abuse trends” affecting the larger crypto-economy. In December of this year, personal information… Read More

December 26, 2020 @ 4:37 pm By Omar Faridi  |  

Hong Fang, CEO at digital asset exchange OKCoin, has published an end of year memo in which she noted that it may seem “odd” to feel thankful for 2020. She pointed out that in January 2020, almost nobody could have foreseen or predicted how this… Read More