Crypto lender BlockFi secured $18.3 million in a funding round led by a PayPal co-founder’s VC firm Valar Venture. American cryptocurrency lender BlockFi has secured $18.3 million in a funding round led by Valar Ventures. The Series A funding round saw participation from a number of crypto-focused investors, including Winklevoss Capital and Galaxy Digital, according […]
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South Korean fashion platform Sinsang Market has joined the ecosystem of the Terra Alliance, a stablecoin-focused association of large e-commerce companies. South Korean business-to-business fashion platform Sinsang Market has joined the Terra Alliance ecosystem, a stablecoin-focused association of large e-commerce companies. As South Korean economics-oriented newspaper EconoNews reported on Aug. 3, the partnership between Sinsang […]
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Financial services firm Standard Chartered completed its first joint blockchain-based supply chain financing transaction in cooperation with Linklogis. London-based bank and financial services firm Standard Chartered has completed its first joint blockchain-based supply chain financing transaction. Standard Chartered announced on Aug. 5 that the institution successfully ran their first joint deep-tier supply chain financing transaction […]
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Here is a list of some unusual and exciting blockchain projects that may change the world and disrupt the traditional ways of doing things… Blockchain technology has proven to be a great invention since it was introduced about a decade ago. Since then, it has powered several inventions that will have a lasting impact on […]
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Bitcoin.com has appointed Stefan Rust as its new chief executive officer as Roger Ver steps aside. Bitcoin.com has appointed Stefan Rust as the company’s new chief executive officer as Roger Ver leaves the post, according to an announcement published on Aug. 2. Rust will continue working on the development of the company’s new products and […]
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Square generated $125 million in Bitcoin revenue in Q2 2019 through Cash App, double what it made during the previous quarter. Payments company Square has generated $125 million in Bitcoin (BTC) revenue in the second quarter of 2019 through its mobile payments service Cash App. Square released the information in the company’s Q2 2019 shareholder […]
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The Aviation Industry is setting a new playing field with blockchain adoption spreading through loyalty programs, baggage tracking, air supply and logistics. In an era in which catching a flight is easier than renting a car, and an estimated 40 million flights will occur this year alone, it is understandable that competition is fierce, and […]
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Facebook’s Libra stands to be the largest DApp network to date, with over 2.4 billion active users — but will the dream be realized? The official announcement and details around Project Libra were provided to the world on June 18, 2019. Firstly, Libra was introduced: a new global reserve-backed cryptocurrency built on top of the […]
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Coinbase has announced support for the cryptocurrency Tezos on its Coinbase Pro platform starting in August. Major cryptocurrency platform Coinbase is onboarding the cryptocurrency Tezos (XTZ) to its professional trading platform, Coinbase Pro. As per an official announcement, Coinbase Pro will open up inbound XTZ transfers on August 5. As the company has done in […]
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Overstock announced a dividend payable in shares of its Digital Voting Series A-1 Preferred Stock at a ratio of one to ten. United States retail giant Overstock announced a dividend payable in shares of its Digital Voting Series A-1 Preferred Stock. A-1 shares can be traded on PRO Securities ATS The Overstock’s digital dividend will […]
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