Does Tesla pulling out of crypto as a payment means paint a bittersweet picture...
While the value of cryptocurrencies continued to grow astronomically, it came crashing down to earth after Tesla’s sudden u-turn from using bitcoin as payment. However, experts think this will hardly undermine its potential as mainstream investments and payment means.
BitcoinGrowthFund secures $2.5m through ICO to back blockchain businesses
BitcoinGrowthFund (BGF) has raised $2.5m in an initial coin offering (ICO) to invest in cryptocurrencies and other companies' ICO.
Centrifuge raises funds to bring real-world assets to crypto
Centrifuge, which claims to be the first DeFi protocol to finance real-world assets (RWAs) on the blockchain, has closed a $4m funding round.
Japan’s SBI Holdings launches blockchain consortium
Japanese financial services firm SBI Holdings is launching a consortium to explore the usage of blockchain in domestic and foreign exchange services.
Commerzbank and LBBW reach milestone blockchain transaction milestone
Two banks have just completed a multi-participant deal using blockchain technology, which they hail as an important expansion of the digital trade finance ecosystem.
YAS MicroInsurance joins forces with InsurTech Amodo
YAS MicroInsurance (YAS), an Asia-Pacific-based insurance blockchain frontier, is partnering with telematics InsurTech Amodo, to delivery autonomous insurance on-chain.
JP Morgan, Mastercard, UBS inject $65m in blockchain firm ConsenSys
Brooklyn-headquartered blockchain technology firm ConsenSys raised $65m from major banks and financial services players including JP Morgan, Mastercard Inc and UBS Group AG to fund its growth and global expansion.
The 35 FinTech deals from the last week that you can’t afford to miss
Keeping up with all the comings and goings of the FinTech space is far from easy, but don't worry. We've got you covered with the deals that sent shock waves across the sector in the last week.
Blockchain startup BitClave collects $16.5m
Silicon Valley-based startup BitClave, which is creating a decentralized search ecosystem built on the blockchain, has collected more than $16.5m through the pre-sale of its ICO.
China bans all cryptocurrencies in huge virtual currency crackdown
The People’s Bank of China (POB) has officially announced that all transactions including cryptocurrencies are illegal with immediate effect.
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