Cryptocurrency and blockchain firms are well-represented among a recent KPMG ranking of fintech firms. On Nov. 18, Big Four auditing firm KPMG released its 2019 Fintech100 ranking, which lists the top 100 fintech firms in the world. The list saw a drop in Bitcoin-related companies but reinforced innovation in the payments industry. As was the […]
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The U.S. Internal Revenue Service reaffirms its summons on crypto trading platform Coinbase in an income tax investigation as completely legitimate in fresh filing. The United States Internal Revenue Service (IRS) has argued that its summons on major American crypto exchange Coinbase is indeed legitimate in a recent filing. Per a Nov. 15 filing, the […]
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Online gaming platform Donnerlab lets gamers hunt for Bitcoin and pick-up Satoshi cubes in a fully lightning-native multiplayer first-person shooter game. Donnerlab, an online gaming platform that builds lightning games and applications, lets gamers hunt for Bitcoin (BTC) and pick-up “Satoshi cubes.” Shoot other players and collect satoshis In a tweet on Nov. 19, Donnerlab […]
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HashCash Consultants partners with a group of international car, mining and battery manufacturers for blockchain-based supply chain network to track mineral origins. Blockchain company HashCash Consultants has announced a partnership with a group of international car, mining and battery manufacturers to develop a blockchain-based supply chain network to track minerals. As Business Insider reported on […]
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Payment processor PayPal has led a $4.2 million funding round for cryptocurrency risk management platform TRM Labs to further grow its services. Payment processor PayPal has led a $4.2 million funding round for cryptocurrency risk management platform TRM Labs. In a Nov. 19 press release TRM Labs announced that it secured $4.2 million in an […]
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Two Bitcoin mining firms entered a merger agreement and plan to jointly build the world’s largest mining farm. German Bitcoin (BTC) mining firm Northern Bitcoin has entered a merger agreement with United States-based competitor Whinstone to jointly build what will supposedly be world’s largest mining farm. According to a Northern Bitcoin press release published on […]
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Cryptocurrency has stunned everyone with its massive growth. Therefore, companies are now eagerly willing to use it for the day to day transactions. Companies are already using cryptocurrency for several transactions. However, many companies are still reluctant to use it regularly because of the money-laundering fears that are supposed to be associated with the crypto […]
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Fidelity Digital Asset Services, LLC has procured a charter from the New York State Department of Financial Services to operate a virtual currency custody and execution platform. Fidelity Digital Asset Services, LLC (FDAS) has procured a charter from the New York State Department of Financial Services (NYDFS) to operate a virtual currency custody and execution […]
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One of the 21 founding members of the Libra Association, Bison Trails, has raised $25.5 million from Blockchain Capital, Coinbase and ConsenSys. New York-based blockchain startup Bison Trails has raised $25.5 million in a new funding round led by major venture capital firm Blockchain Capital. One of the 21 founding members of the Libra Association, […]
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Michael Novogratz’s Galaxy Digital launches two Bitcoin funds aiming to bring wealthy Americans to crypto markets. Michael Novogratz’s crypto merchant bank Galaxy Digital is launching two Bitcoin (BTC) funds, targeting people between the ages of 50 and 80. The new funds aim to bring “the wealth of America,” or people who may have largely remained […]
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