Cryptocoins News / Blockchain - 2 years ago
Crypto startup Worldcoin is raising $100 million, which owns about $3 billion worth of cryptocurrency tokens in total, according to the from The Information. Worldcoin raised $100 million from investors, including Andreessen Horowitz, a previous b...
Cryptocoins News / Blockchain - 2 years ago
Acorns, a U.S. fintech company that is best known as a micro-investing platform, announced Tuesday that it will allow its customers to use its mobile app to invest up to 5% of their portfolio in Bitcoin via an Exchange Traded-Fund. The California-...
Cryptocoins News / Blockchain - 2 years ago
Qualcomm has announced a $100 million investment fund for crypto companies. The San Diego-based chip supplier’s fund will go to companies building the metaverse using augmented reality, mixed reality or virtual reality. The Qualcomm Chief Financial...
Cryptocoins News / Blockchain - 2 years ago
Coincheck, a major crypto wallet and exchange service in Japan, announced Tuesday that it plans to go public in the U.S. by merging with blank-check firm Thunder Bridge Capital Partners IV Inc. The merger is scheduled to be completed in the second...
Cryptocoins News / Blockchain - 2 years ago
FIFA has announced an agreement to a sponsorship deal with Crypto.com for the 2022 Qatar World Cup, according to a report from Reuters. Following the deal, the Singapore-based firm will be the only cryptocurrency platform for the football world cu...
Cryptocoins News / Blockchain - 2 years ago
The Abu Dhabi Global Market (ADGM) is building out a regulatory framework that may make trading platforms or exchanges that have licenses to operate within the free trade zone to trade Non-Fungible Tokens (NFTs). The Emirati free trade zone a cons...
Cryptocoins News / Blockchain - 2 years ago
The acclaimed largest digital assets management company, Grayscale Investments has launched a new investment product tagged the Grayscale® Smart Contract Platform Ex-Ethereum Fund (GSCPxE). As by the company, GSCPxE will rank as the 18th investmen...
Cryptocoins News / Blockchain - 2 years ago
Lemonade, a top American insurance company, has the formation of the Lemonade Crypto Climate Coalition meant to offer blockchain-enabled climate insurance to the most vulnerable farmers across the globe. Through its nonprofit organization dubbed t...
Cryptocoins News / Blockchain - 2 years ago
Yuga Labs, the blockchain startup behind the Bored Ape Yacht Club (BAYC) Non-Fungible Token (NFT) project, has raised the sum of $450 million in funding from investors led by Andreessen Horowitz (a16z). The funding news was exclusively by The who...
Cryptocoins News / Blockchain - 2 years ago
Bridgewater Associates, the world’s largest hedge fund, announced Monday plans to back a crypto fund for the first time. The hedge fund founded by billionaire Ray Dalio disclosed that it is preparing to invest in an external cryptocurrency fund. The...
Cryptocoins News / Blockchain - 2 years ago
Digital asset manager CoinShares stated that crypto investment products and funds saw net outflows for a second straight week, according to Reuters. In the week ended March 18, the crypto sector witnessed net outflows of $47 million after experienc...
Cryptocoins News / Blockchain - 2 years ago
Stronghold Digital Mining, based in western Pennsylvania, has found a new, environmentally friendly way to mine cryptocurrency, Reuters . Stronghold Digital Mining said it would harvest the byproducts of decades-old coal-fired power plants to power...
Cryptocoins News / Blockchain - 2 years ago
Four-time tennis grand slam singles champion Naomi Osaka becomes FTX's global ambassador, becoming one of the first major female professional athletes to partner with FTX. Naomi Osaka will also an equity stake in FTX Trading Limited and will be pa...
Cryptocoins News / Blockchain - 2 years ago
Spirit Blockchain Capital Inc. (Spirit), headquartered in British Columbia, Canada, which focuses on blockchain and digital assets, has Matthew Whitcomb as head of corporate development. Matthew Whitcomb, an identified proponent of blockchain techn...
Cryptocoins News / Blockchain - 2 years ago
West Realm Shires Services, Inc., the U.S.-based owner and operator of the FTX crypto exchange, has invested $100 million in a strategic partnership with banking app Dave. The company a $100 million investment from the exchange of a $2 billion ven...
Cryptocoins News / Blockchain - 2 years ago
Financial product service provider Euroclear Group has in Fnality, an international consortium of global banking and financial market infrastructure, to advance distributed ledger technology (DLT) technology to support the adoption of tokenized asse...
Cryptocoins News / Blockchain - 2 years ago
FTX, a major crypto derivatives exchange based in the Bahamas, has continued its recent global expansion efforts by setting up a new subsidiary business in Australia. FTX Australia announced Monday that it will provide a comprehensive suite of exch...
Cryptocoins News / Blockchain - 2 years ago
Goldman Sachs Group Inc, a major US multinational investment bank headquartered in New York City, has further expanded its digital-asset offerings to Wall Street investors. The investment bank announced Monday that it has traded the first non-deli...
Cryptocoins News / Blockchain - 2 years ago
The use of crypto assets is being closely watched by global financial regulators amid the war in Ukraine after worry about its use to evade Western sanctions on Russia, according to Reuters. U.S. and European lawmakers have sent out multiple warnin...
Cryptocoins News / Blockchain - 2 years ago
Since the EIP-1559 upgrade, also known as the went live in August last year, the Ethereum network and its underlying token have been operating as a deflationary protocol. The implementation of the EIP 1559 upgrade stirred a number of changes in th...
Cryptocoins News / Blockchain - 2 years ago
Known for the government’s crackdown on tech companies, China’s native tech companies have started changing their receptiveness towards Non-Fungible Token (NFT) platforms or startups making use of their services. As by local news channels, WeChat...
Cryptocoins News / Blockchain - 2 years ago
Datuk Zahidi Zainul Abidin, the deputy minister of the Malaysian Ministry of Communications and Multimedia, is rallying the government to legalise cryptocurrencies to benefit the tech and crypto-savvy population. The from the deputy minister to le...
Cryptocoins News / Blockchain - 2 years ago
Digital currency payments company Ripple Labs Inc has a new hackathon dubbed the CBDC Innovate Challenge for developers who can build XRP Ledger-powered payment solutions bordering on Central Bank Digital Currency technology. With a star prize o...
Cryptocoins News / Blockchain - 2 years ago
North American banking giant, the Canadian Imperial Bank of Commerce (CIBC), and the National Bank of Australia (NAB) have inked a partnership to bolster cross-border payments settlement to each other, with Ripple’s RippleNet solution featuring at t...
Cryptocoins News / Blockchain - 2 years ago
The UK’s Advertising Standards Authority (ASA) has issued a guideline for companies advertising cryptocurrency services. The ASA’s enforcement notice was sent to 50 companies that have advertised cryptocurrency services. It urged the companies to s...
