Tagged: digital currency

African Cryptocurrency Exchange Quidax Secures More Than $3 Million Through Public Sale of QDX Token During the Crypto’s Major Dip in 2021

  No issues here: Africa-based cryptocurrency platform, Quidax, announced on Monday that despite the crypto market’s first major dip in 2021 on May 19th, it raised more than 7,772 BNB ($3 million) from the public sale of its token, QDX. Quidax reported on the 19th,… Read More

White Star Capital Closes $50 Million Digital Asset Fund

White Star Capital, a U.S.-based multi-stage technology venture capital investment platform, recently announced it closed its $50 million Digital Asset Fund (DAF), which is described as a specialized fund investing in cryptocurrency networks and blockchain-enabled businesses. According to White Star, the fund exceeded its previously… Read More

Crypto Exchange CEX.IO Teams Up With FIS to Support Consumer Debit Cards Launch

CEX.IO, a global cryptocurrency exchange based in the UK, announced earlier this week it has selected FIS (NYSE:FIS) to provide card management and processing services for a new line of crypto-based consumer debit cards across Europe. Established in 2013, CEX.IO states it providers reliable services backed… Read More

Luxury Goods Retailer Jomashop Partners With BitPay to Accept Cryptocurrency

  Cryptocurrency payments platform BitPay announced on Wednesday it has teamed up with Jomashop, a luxury goods retailer. Through the collaboration, Jomashop will now be accepting cryptocurrency online as a way to attract new customers and sales, and expand payment options for its global clientele…. Read More

Gemini’s Credit Card Waitlist Now Has 250,000 Signups

    US-based digital assets firm Gemini announced on Monday the waitlist of its highly anticipated crypto credit card has officially reached 250,000 signups. As previously reported, Gemini revealed it has teamed up with Mastercard as the exclusive card network to offer various features for the upcoming… Read More

Glint Now Seeking Nearly £2 Million Through Seedrs Funding Round

  Glint Pay Inc. (Glint), a subsidiary of the U.K.-based fintech company that makes gold an alternative global currency by enabling its clients to buy, sell, save and spend their physical gold instantly through the Glint Debit Mastercard and Glint App, has launched a new equity… Read More

Global Fintech Ibanera Teams Up With BitAML For Crypto Compliance Advisory

Ibanera, a global fintech, announced on Thursday it has teamed up with BitAML, an international compliant advisory firm for bitcoin and cryptocurrency market, for compliance advisory services. Through the collaboration, BitAML will be providing digital asset compliance consulting for Ibanera cryptocurrency-related activities. According to Ibanera, BitAML… Read More

Overfunding: BitcoinPoint Quickly Surpasses £100,000 Funding Target Through Crowdcube Campaign

  BitcoinPoint, a UK-based Bitcoin buying platform, has quickly secured its initial £100,000 funding target through its equity crowdfunding on Crowdcube and is now nearing £200,000. The investment round has already attracted close to 400 Crowdcube investors. Founded in 2017, BitcoinPoint stated that its in-house software… Read More

Crypto.com Unveils Zero-Fee Brazilian Real Bank Transfers on Mobile App

  Hong Kong-based Crypto.com announced on Wednesday the launch of zero-fee Brazilian Real (BRL) bank transfers and BRL as a payment currency in the Crypto.com App. The platform also added Brazilian Portuguese to its language list.  Crypto.com reported that the integration marks the first “major step”… Read More

Milestone: Gemini Surpasses $30 Billion in Crypto Under Custody

  U.S.-based digital assets firm Gemini announced on Tuesday it now has more than $30 billion in crypto under custody. Gemini reported that it more than tripled its crypto under custody since the beginning of 2021. Gemini also revealed details about other milestones it recently made: “We serve… Read More

MoneyGram Teams Up With Coinme to Expand Bitcoin Access

  Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Wednesday it has teamed up with cryptocurrency cash exchange Coinme to expand access to bitcoin. According to Moneygram, the partnership will enable the cash funding and payout of digital currency purchases, as well as sales…. Read More

OKEx Announces Listing of Shiba Inu’s SHIB Token

OKEx announced on Tuesday the listing of SHIB, the first native crypto asset of the Shiba Inu network. According to OKEx, deposits of SHIB opened over the weekend, and the token can now be traded against USDT on the OKEx spot and perpetual swap markets…. Read More

Canada-Based Blockchain Data Provider Covalent Sells $10 Million Worth of Native Token “CQT” in a CoinList Sale

  Covalent, a Canada-based blockchain data provider, announced on Monday it has sold $10 million worth of native token CQT through a CoinList token sale. Founded in 2018, Covalent describes itself as a technology company that is solving the huge infrastructure problems inhibiting blockchain adoption. The company reported that its… Read More

Milestone: Africa-Based Crypto Exchange Quidax Processes More Than $3.2 Billion in Transactions

Quidax, an Africa-based cryptocurrency exchange, announced on Monday it has officially processed more than $3.2 million in transactions. Launched in 2018, Quidax reported that it is seeking to become home of BEP-20 is a token standard on Binance Smart Chain (BSC) that extends ERC-20, as well… Read More

Hong Kong-Based Crypto Financial Service Provider Babel Finance Secures $40 Million Through Series A Funding Round Led By Zoo Capital, Sequoia Capital China, Dragonfly Capital, BAI Capital, & Bertelsmann

  Babel Finance, a Hong Kong-based crypto financial service provider, announced on Monday it secured $40 million through its Series A funding round, which was led by Zoo Capital, Sequoia Capital China, Dragonfly Capital, BAI Capital and Bertelsmann, with participation from Tiger Global Management. Founded in 2018, Babel… Read More

Global Payments Platform Nuvei Set to Acquire Simplex For Approximately $250 Million

  Nuvei, a global payment technology provider based in Canada, recently announced it has acquired Simplex, an EU-licensed financial institution that provides the fiat infrastructure for the cryptocurrency industry, for approximately $250 million. Nuvei reported that the acquisition will provide it with an electronic money… Read More

Crypto.com Now Enabling Cosmos’ Inter-Blockchain Communication Functionality for Cross-Chain Transfers

Hong Kong-based Crypto.com announced on Thursday it is now enabling Cosmos’ Inter-Blockchain Communication (IBC) functionality for cross-chain transfers. According to Crypto.com, According to the duo, this integration creates new capabilities for future cross-chain implementations of the Crypto.org Chain and other IBC-enabled chains.  “The integration allows for… Read More

Bakkt Teams Up With Cantaloupe to Accept Cryptocurrency & Participating Loyalty Points in Retail Network

  Bakkt Holdings, LLC, a U.S.-based digital asset marketplace, announced on Thursday it has teamed up with Cantaloupe, Inc. (NASDAQ: CTLP), a digital payments and software services company, to provide cashless experience for consumers to spend digital assets at retail devices. Bakkt reported that through… Read More

BitPay Announces Addition of Dai Stablecoin & Wrapped Bitcoin As Payment Options For Merchant Processing/Cross-Border Transactions

    Cryptocurrency payments platform BitPay announced on Thursday it is adding Dai and WBTC for businesses to accept as a payment option without the need for any integration or enhancements. BitPay reported Dai and WBTC are available to anyone, accessible anywhere in the world… Read More

TradeStation Crypto Expansion: Now Providing Access to Traders in Minnesota, Mississippi, & Ohio

TradeStation, an online broker-dealer and futures commission merchant, announced on Thursday it is now providing access to its services to traders in Minnesota, Mississippi, and Ohio. Residents of these states may now be able to apply for an account on the TradeStation brokerage platform in… Read More

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