Tagged: virtual currencies

Fintech Wirex and Polygon to Launch New Payment Method in India via Mass-Market Wallet

Wirex, a crypto payments company, is expanding the suite of top-up methods on their non-custodial wallet “for Indian customers.” The addition of this popular payment option to purchase crypto “will make the digital economy more accessible for over 1 billion people in India.” The Wirex… Read More

KuCoin Introduces “Decentralized” Digital Currency Wallet to Provide Users Web 3.0 Services

KuCoin, which claims to be a “leading” global cryptocurrency trading platform, has launched its “brand-new” decentralized product — KuCoin Wallet, with its website “going live for users to access the service starting June 1st.” The official app of KuCoin Wallet is also expected “to launch… Read More

Digital Assets: Kraken Now Supports Trading with ACH, IDEX, REQ Tokens

The team at digital asset firm Kraken says they are pleased to announce that their crypto trading platform now supports Alchemy Pay (ACH), IDEX (IDEX) and Request (REQ). Funding is live, and trading will “begin on May 31 at approximately 14:30 UTC.” You may keep… Read More

DeFi Fixed-Rate Products Are in Need of Revision, According to Huobi Research Institute

Current fixed-rate products available in the Decentralized Finance (DeFi) industry are a critical component in the financial derivatives market; but drawbacks, “such as low interest rates, intense competition and lower overall attractiveness to investors remain,” according to an update from Huobi. A revamp that consists… Read More

Bit.com Supports TONCOIN Deposits, Withdrawals via the TON Protocol

Bit.com, a digital currency exchange with up to 50X leverage on perpetual futures, is pleased to announce that it now supports the depositing and withdrawal of TONCOIN, “the native token of the TON Protocol, on its native blockchain, and will introduce a 200% APY on… Read More

CBDCs: New Experiments Pave Way for Global Payments Using Central Bank Digital Currencies

  SWIFT, in collaboration with Capgemini, is conducting new experiments to test how we can interlink domestic CBDCs and “take the next step towards seamless cross-border payments involving digital currencies.” Interest in Central Bank Digital Currencies (CBDCs) is “on the rise.” A report from the… Read More

Gaming Fintech ZEBEDEE and MoonPay Launch Instant Bitcoin Purchases

Gaming Fintech ZEBEDEE and MoonPay, the international crypto payments infrastructure provider, has announced the integration of MoonPay’s services into the ZEBEDEE app for Bitcoin gaming, “allowing gamers to top up their Bitcoin balance with credit or debit cards without ever leaving ZEBEDEE.” The worlds of… Read More

Edinburgh’s Payments Fintech Zumo Introduces Full-Stack B2B Crypto Solution

Zumo, the Edinburgh-based crypto wallet and payments platform, has announced the launch of Zumo Enterprise, its new B2B ‘Crypto-as-a-Service’ solution that “enables companies to offer crypto products and services to their customers.” The “first of its kind” in the UK, Zumo Enterprise is “the market’s… Read More

Mercado Bitcoin Teams Up with Stellar Development Foundation in LIFT Challenge Real Digital by Central Bank of Brazil, Fenasbac

Mercado Bitcoin, which claims to be the largest exchange in Latin America, has teamed up with the Stellar Development Foundation (SDF) in order to develop one of the nine projects selected for the LIFT Challenge Real Digital, “a collaborative environment carried out by the Central… Read More

The Giving Block Creates Crypto Donations Fund for Miami Nonprofits

The Giving Block, a Shift4 company, has announced the launch of the “Miami Impact Index Fund”, a fund that enables donors “to give to numerous local nonprofit organizations with a single crypto donation.” The Giving Block claims to be a leader in crypto philanthropy, “making… Read More

PopPay Platform in The Bahamas Expands to Government-backed Virtual Currency

PopID and SunCash announced that for the “first time” in history, consumers can now use the PopPay face verification platform “to purchase goods and services with a central bank digital currency (CBDC) – digital money issued and backed by a government.” Bahamian consumers can now… Read More

Gemini Explains How Stablecoins Can Be Different, “Not All Created Equal”

The crypto ecosystem is a “diverse tapestry” of tokens, protocols, projects, and applications, the team at Gemini writes in a blog post. At Gemini, they believe in making crypto “more accessible and easier to understand as the industry continues to develop ever more quickly.” Knowledge… Read More

Binance Appoints Europol Crypto Expert, Jarek Jakubcek, as Head of Intelligence, Investigations APAC

Binance, which claims to be the world’s “leading” cryptocurrency and blockchain infrastructure provider, has strengthened its team “with the recruitment of Jarek Jakubcek as the Head of Intelligence and Investigations for Asia-Pacific.” Jarek is “a leading global expert in cybercrime and former cryptocurrency specialist in… Read More

Digital Asset Firm Kraken Announces Trading Support for BNC, FIDA and OGN Tokens for US, Canada

Following Kraken’s listings of Bifrost (BNC), Bonfida (FIDA), and Origin Protocol (OGN) for most countries, the digital asset firm is pleased to announce “the availability of these tokens for residents of the United States and Canada.” Funding and trading are now live. You may keep… Read More

DLT: EY Announces General Availability of EY Blockchain Analyzer, the Reconciler

The EY organization recently announced the production release of the third generation of EY Blockchain Analyzer: Reconciler. This updated version has been “migrated into blockchain.ey.com and is now available for the first time to EY non-audit clients and continues to support the EY Audit teams.”… Read More

Singapore based Digital Asset Investment Firm KoinBasket Acquires $2M via Pre-seed Round

KoinBasket, a Singapore-headquartered digital asset investment platform, recently finalized a $2 million pre-seed round. KoinBasket says that it plans to use the proceeds from the investment round to further expand its professional team and onboard talent. The round has reportedly been led by investors such… Read More

Digital Assets: Ukraine, Russia Lead Countries Globally with Higher Crypto Adoption Rates, Report Reveals

Ukraine and Russia lead the list of countries “with higher crypto adoption rates, with 12.73% and nearly 12%, respectively,” according to an update from DappRadar. DeFi transactions in Q1 hit the lowest levels since February 2021, “while the 116 million NFT transactions across all blockchains… Read More

Digital Asset Exchange OKX Announces Partnership with McLaren Racing

OKX, which claims to be one of the leading digital currency platforms, has announced a “major” multi-year partnership with McLaren Racing, “becoming the Official Primary Partner of the McLaren Formula 1 Team and McLaren Shadow esports Team from 2022.” The partnership “unites two global brands… Read More

OneOf Teams Up with Fintech MoonPay to Integrate NFT Tech into Users’ Everyday Lives

OneOf, which claims to be the premier “green” NFT platform for music, sports and bands, is partnering with international crypto payments provider MoonPay “to integrate NFT technology into users’ everyday lives, making the process of purchasing NFTs easier than ever.” As mentioned in an update… Read More

Digital Assets: India’s Crypto Exchange CoinDCX Finalizes $135M Round

CoinDCX, which is among India’s leading players in the cryptocurrency sector, has finalized an oversubscribed round, over $135 million, in their Series D funding. The investment round was led by Pantera and Steadview along with contributions from investors such as Kingsway, DraperDragon, Republic, and Kindred…. Read More

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