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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The Gemini crypto exchange made its first-ever acquisition by purchasing the Nifty Gateway platform, which enables users to buy and manage non-fungible tokens. The Winklevoss twins’ Gemini exchange has made its first-ever acquisition by purchasing the Nifty Gateway platform, which enables users to buy and manage non-fungible tokens (NFTs). Tyler Winklevoss revealed the acquisition in […]
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Launched in May 2019, Salesforce’s Hyperledger-based blockchain platform will now be used to authenticate Lamborghini heritage cars. Italian luxury sports car brand Lamborghini is using Salesforce Blockchain to authenticate heritage Lamborghini cars. Salesforce, a major global customer relationship management firm, announced on Nov. 19 that Lamborghini can now trace, certify and authenticate heritage cars faster […]
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The U.S. Federal Emergency Management Agency is investigating a blockchain-based property registry to streamline disaster insurance payouts. The United States Federal Emergency Management Agency (FEMA) is exploring the idea of a blockchain-based property registry to streamline disaster insurance payouts. In its latest National Advisory Draft Report to the FEMA Administrator, the agency indicated its interest […]
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The secret to building a successful decentralized autonomous organization: Decred project lead shares four lessons in de-leadership. The topic of decentralized autonomous organizations is echoing loud and clear from the halls of this year’s DevCon to CryptoTwitter. Multiple projects at DevCon, including Aragon and MolochDAO, presented their commitments to decentralize power across a DAO, or, […]
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