PayPal Expands Its Cryptocurrency Offering to the UK
LONDON, August 23, 2021 — PayPal today announced the launch of a new service enabling its customers in the UK to buy, hold and sell cryptocurrency. This new service starts rolling out this week. Enables access to cryptocurrency for consumers in a secure and responsible way Encourages customers to research and learn about the opportunities […]
ENVOY Network Secures $2.5 Million Funding to Disrupt NFTs Industry
Willemstad, Curacao, — August 19, 2021 — ENVOY Network, a premium NFT label that rings in a new era of collectibles for entertainment, music artists and brands globally, has secured the conclusion of a $2.5 million financing round. The new capital injection was led by a clutch of reputable investment funds, including AU21, 3comma, Prometheus […]
Crypto.com Exchange Extends Fiat Deposits and Withdrawals for Institutions
USD Bank Transfers are now available for institutional accounts in 60+ countries Hong Kong, August 18, 2021 — Crypto.com announced it has extended fiat deposits and withdrawals for institutional accounts via its Circle partnership, which was announced in June. This partnership enables institutional users in 60+ countries to seamlessly transfer funds from the traditional financial […]
Balancer Launches MetaStable Pools To Further Pool Liquidity
New York, August 16, 2021, Balancer partners with Lido on joint MetaStable Pool incentive program Balancer is thrilled to announce the launch of MetaStable Pools and our partnership with Lido with joint pool incentives. While Stable Pools are important for tokens with a 1:1 value, MetaStable Pools are great for tokens with highly correlated, but […]
Simplex Partners with VeChain to Enable Seamless Fiat Onramp for VET Token
Tel Aviv, Israel, August 13, 2021 — VeChain is the latest cryptocurrency to be added by Simplex, allowing users to buy, sell and trade VET for fiat and other crypto assets. Announced Monday, fiat-to-crypto onramp infrastructure platform, Simplex, added VeChain to its list of supported crypto assets, enabling users to quickly purchase VET across its […]
Crypto.com Expands Free Crypto Tax Reporting Service to Australia
It’s now even easier for Australians to file crypto tax returns Hong Kong, August 12, 2021 — Following the successful launches of Crypto.com Tax in Canada and America, Crypto.com has announced that this service is now available in Australia. Crypto.com Tax makes it easy to file complicated crypto taxes in a matter of minutes and at […]
Concordium and Swvl Announce Partnership For Blockchain-Based Mass Transit Systems
Zug, Switzerland, August 11 2021 — Concordium , a leading blockchain technologies company, and Swvl, Inc., a Dubai-based provider of mass transit and shared mobility solutions, today announced a strategic partnership to, for the first time, use blockchain technologies to develop transformative next generation mass transit systems. Swvl is a global tech start-up based in Dubai, […]
BENQI and Avalanche Launch $3M Liquidity Mining Initiative to Accelerate DeFi Growth
New York, August 10, 2021 — BENQI, an algorithmic liquidity market protocol, and the Avalanche Foundation are collaborating on a joint liquidity mining program to celebrate the launch of the BENQI protocol on the 19th of August and the next phase of growth within Avalanche’s DeFi ecosystem. $3M of AVAX will be allocated as liquidity incentives […]
Messari Raises $21 Million in Series A Funding
New York, August 5, 2021 — Messari, a leading crypto market intelligence company, announced today it has closed $21 million in Series A funding led by Point72 Ventures. The investment will help the company expand the global reach of its Pro and Enterprise product suites, triple the size of its engineering and research teams, and […]
Alkemi Network Partners With Nexus Markets To Bring Institutional DeFi To Exchange Users
Toronto, Canada — August 5, 2021 —Alkemi Network, a recently-launched project designed to bridge CeFi users with DeFi, has integrated with Nexus Markets, a cryptocurrency exchange and lending vault platform, to provide Nexus users with DeFi-sourced vaults wrapped in a familiar exchange interface. By utilizing Alkemi Network’s institution-grade liquidity platform, Nexus Markets is able to […]
Blockchain Platform Ethernity Chain Announces “The Messiverse” NFT Collection
Barcelona, Spain — August 4, 2021 – Blockchain platform Etherity Chain (CC:ERN-USD) today announced the “The Messiverse”, the first ever licensed, authenticated NFT collection from Lionel Messi. This Ethernity exclusive partnership lies beyond the scope of a single series, set piece, or footballer. This NFT collection, part of the “Messiverse” is as big as the […]
DeFi Platform DeversiFi Launches Instant Stablecoin Withdrawal Bridge with Polygon
August 3, 2021 — DeversiFi, a Layer 2 Decentralized Finance (DeFi) trading platform powered by StarkWare’s scalable technology, has launched the first L2 bridge for Ethereum scaling project Polygon, to enable instant, free and frictionless deposits and withdrawals between the two platforms while increasing liquidity across chains. This new L2 bridge will allow Polygon users […]
Okcoin to Focus on European Growth After Securing Licensing in Malta and the Netherlands
SAN FRANCISCO, July 29, 2021 – Cryptocurrency exchange Okcoin today announced it has secured “In Principle” approval from the Malta Financial Services Authority and formal registration from the Netherlands Central Bank. The two cryptocurrency (DABA) licenses will enable Okcoin to further honor their commitment to build a more inclusive future of finance by providing easy […]
Ripple Launches On-Demand Liquidity with SBI Remit to Accelerate and Grow Cross-Border Payments from Japan
Partnering with Coins.ph and SBI VC Trade, SBI Remit Will Deliver a Superior Customer Experience with Faster and Cheaper Remittances Starting in the Philippines SAN FRANCISCO & TOKYO — July 28, 2021 — Ripple, the leading provider of enterprise blockchain and cryptocurrency solutions for global payments, announced the launch of RippleNet’s first live On-Demand Liquidity […]
Fireblocks Solidifies Unicorn Status with $310 Million Series D
NEW YORK, July 27, 2021 — Fireblocks, the preeminent platform that empowers the entry of traditional institutions into the digital asset space, announced today it has raised $310 million in Series D funding. The round is co-led by Sequoia Capital, Stripes, Spark Capital, Coatue, DRW VC and SCB 10X, the venture arm of Thailand’s oldest […]
Mastercard Launches New Start Path Cryptocurrency and Blockchain Program for Startups
PURCHASE, N.Y. — July 27, 2021 — Mastercard announced a new Start Path global startup engagement program dedicated to supporting fast-growing digital assets, blockchain and cryptocurrency companies. As a continuation of Mastercard’s digital assets work, seven startups have joined the program, including GK8, Domain Money, Mintable, SupraOracles, STACS, Taurus, and Uphold, and together with Mastercard […]
Saber Labs Raises $7.7M Led by Race Capital
DALLAS, July 27, 2021 — Saber Labs, a core contributor to Saber, the first Solana-based cross-chain stablecoin exchange, today announced it has secured $7.7 million in a seed round led by Race Capital. Other participants include Chamath Palihapitya’s Social Capital, Jump Capital, Multicoin Capital, Solana Foundation, as well as crypto industry leaders from FTX, Okcoin, […]
Binance Smart Chain Launches $10M Bug Bounty Fund
July 26, 2021 –– Binance Smart Chain (BSC), a sovereign smart contract blockchain delivering Ethereum Virtual Machine (EVM) compatible programmability for DeFi and NFT infrastructure, has launched ‘Priority ONE’, a $10 million bug bounty fund for projects building on top of BSC. The initiative encourages participation from bounty hunters, ethical hackers, and security experts. The […]
FTX Closes $900M Series B Round — Largest Raise in Crypto Exchange History
ANTIGUA, Antigua and Barbuda — July 20, 2021 — FTX Trading Ltd. , owner and operator of FTX.COM, a cryptocurrency exchange, today announced the closing of a $900 million Series B fundraise, valuing the Company at $18 billion. This new financing round will expand FTX’s global presence, accelerate the Company’s growth, and represents one of […]
Mastercard Creates Simplified Payments Card Offering for Cryptocurrency Companies
Mastercard enhances its card program for cryptocurrency wallets and exchanges, making it simpler for partners to convert crypto to traditional fiat currency.