Tag: Cryptocurrency

CoinBurp closes seed round which was oversubscribed by 1000%

Cryptocurrency platform CoinBurp has scored over $2m in its seed round, which was co-led by Moonrock Capital and Alphabit Capital.

Chinese associations call for crypto crackdown citing safety concerns

Three Chinese associations have called for a complete ban on financial institutions and payment firms providing cryptocurrency services to customers.

Temenos, Taurus join forces to bolster digital asset access for banks

Swiss banking technology firm Temenos has partnered with digital asset platform Taurus to integrate the latter’s digital asset infrastructure into Temenos’ platform.

SwissBorg teams with OpenPayd to bolster financial service suite

Cryptocurrency platform SwissBorg has partnered with payments company OpenPayd to help the former embed a full suite of financial services into its user experience.

Huobi introduces VC subsidiary with $100m backing

Seychelles-based blockchain technology firm Huobi Group has launched a subsidiary aimed at growing its venture investment portfolio.

Block.one backs new cryptocurrency exchange subsidiary with $10bn influx

US blockchain software company Block.one has invested $10bn into its new cryptocurrency exchange subsidiary Bullish Global.

Babel Finance banks $40m to take on the global crypto market

Hong Kong-based crypto lender and asset manager Babel Finance secured $40m in funding from investors including Zoo Capital, Sequoia Capital China and Dragonfly Capital.

Bank of Israel opens consultation on potential digital shekel

The Bank of Israel has opened a public consultation on the potential issuance of a digital shekel.

Nuvei bags crypto know-how with Simplex acquisition

Canadian payments company Nuvei has agreed a $250m deal to acquire Israeli FinTech enterprise Simplex.

Streami closes strategic investment from Digital Currency Group

South Korea-based blockchain company Streami has closed a strategic investment from Digital Currency Group, a New York-based venture capital firm.

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