Tag: Cryptocurrency

Crypto trading app Coinrule said to close seed round on $2.2m

Automated crypto trading platform Coinrule has reportedly netted $2.2m in its seed funding round.

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.

eToro boosts investor exposure to diverse assets with DeFi portfolio launch

Investment platform eToro has unveiled a decentralised finance (DeFi) portfolio to offer investors long-term exposure to key projects in the DeFi ecosystem.

Crypto trading platform Philippine Digital Asset Exchange bags $12.5m

Philippine Digital Asset Exchange (PDAX), which enables consumers to buy and sell cryptocurrencies, has reportedly netted $12.5m in its latest funding round.

New unicorn TaxBit secures $130m via Insight Partners-led Series B

Tax and accounting and automation company TaxBit has reeled in $130m from a Series B round, passing the $1bn valuation landmark in the process.

Greengage reels in £2.5m investment to fuel team and tech expansion

Digital asset banking startup Greengage has secured a £2.5m investment from Gilbraltar-based portfolio business IOVlabs.

Coinbase set to purchase currency overview solution Zabo

American cryptocurrency exchange firm Coinbase has revealed it is preparing to acquire digital currency overview tool Zabo for an undisclosed fee.

Crypto banking platform Matrixport hits unicorn status

Matrixport, which claims to be one of Asia’s fastest growing digital asset platforms, has joined the unicorn club, after it closed a Series C round.

Lemon Cash said to raise $16.3m in Series A funding

Argentinian crypto exchange Lemon Cash has reportedly raised $16.3m in its Series A round, which was led by Kingsway Capital.

Alessa whitepaper outlines key crypto know-how for financial institutions

Alessa by Tier 1 Financial Solutions has published a whitepaper detailing how financial institutions (FIs) can deal with the cryptocurrency market and manage its associated risks.

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