Not all noncustodial exchanges are true to the terms, but they may still provide a safer service than centralized exchanges. Despite centralized cryptocurrency exchanges suffering nearly $300 million worth of hacks during 2019, many digital currency traders continue to hold significant sums of capital on centralized exchange platforms. While many noncustodial crypto services have launched […]
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Paystand’s hybrid blockchain platform is achieving success in the commercial payments industry, allowing it to raise $20 million in Series B funding. Paystand has successfully raised $20 million in its Series B funding round, VentureBeat and others reported on Feb. 6. The company will use this money to accelerate the growth of its blockchain-based commercial […]
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Twitter and Square make major gains following revenue reports, while Jack Dorsey-sponsored Lightning Labs sees $10 million funding. Perhaps the two most prominent supporters of Bitcoin’s (BTC) Lightning Network have seen their share prices rocket this week as the technology gains fresh recognition. Data covering the share prices of Twitter and sister company Square, the […]
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RBI’s legal counsel claims crypto can adversely affect India’s financial stability. Back in April 2018, the Reserve Bank of India decided to go ahead and issue a notice prohibiting all of India’s banking and financial institutions from offering their services to crypto exchanges, companies operating within the space, and individuals seeking to explore the nascent […]
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Israeli blockchain startup Clear has raised $13 million in a Series A round led by Fidelity-backed Eight Roads. Israeli blockchain startup Clear has raised $13 million in a Series A round led by Fidelity-backed Eight Roads. Clear — which develops blockchain networks for high-volume transaction systems between businesses — announced the round’s completion in a […]
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Ripple IPO: Is CEO Garlinghouse’s hint at a public offering the tip of the iceberg? 2020 could be the year that crypto companies step forward and take the plunge into going public. As the biggest players in the industry cautiously watch for opportunities to gain regulatory approval, Ripple CEO Brad Garlinghouse used the prestigious Davos […]
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Lightning Labs, the developer of the high-speed transaction protocol Lightning Network, has secured $10 million in Series A funding round. Lightning Labs, the developer of the high-speed transaction protocol Lightning Network (LN), has secured $10 million in Series A funding round. The news was announced by Lightning Labs CEO and co-founder, Elizabeth Stark, in a […]
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Ripple, the firm behind the third largest altcoin XRP, made a new partnership to bolster cross-border payments between the U.S. and Mexico. Ripple, the firm behind the third largest cryptocurrency XRP, has made a new partnership to bolster cross-border payments between the United States and Mexico. The company has partnered with International Money Express, a […]
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Sony Financial Ventures is the latest investor in Securitize’s digital securities technology, joining Santander and MUFG. Digital securities company Securitize announced a strategic investment from Sony Financial Ventures, in a press release dated Feb. 4. The unspecified level of investment marks an extension of Securitize’s latest funding round, which saw Santander and MUFG lead a […]
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Venture arms for Samsung and Salesforce invest in a second Series C funding round for blockchain startup Digital Asset. Venture arms for Salesforce and Samsung participated in a second Series C funding event for a startup called Digital Asset. After gathering $35 million in its first Series C raise that ended in December 2019, Digital […]
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