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Temasek denies involvement in Bitmain IPO

Singaporean investment company Temasek is the latest to announce that it has not made any investment in bitcoin mining giant Bitmain. Weve seen commentary about an IPO involving a cryptocurrency company, Bitmain....

Business
Crypto wallet Wirex launches Ethereum Wallet

Wirex, a London-based provider of crypto wallets linked to Visa debit cards, has announced the addition of Ethereum Wallet to its suite of services. The announcement follows Wirexs successful XRP launch in July and...

Business
Crypto wallet startup Abra announces support for SEPA bank accounts

Crypto wallet startup Abra has announced its support for Single Euro Payment Area (SEPA) bank accounts to buy cryptocurrencies quickly and easily in Europe. Previously, Abra wallets were funded using bank and wire...

Business
Rakuten to acquire crypto exchange to meet growing demand from forex customers

Japanese e-commerce giant Rakuten has announced the acquisition of a local bitcoin exchange Everybodys Bitcoin, Finance Magnates reported August 31. Rakuten has announced the complete acquisition of the crypto exchange...

Business
Asian internet giants ramping up blockchain and crypto efforts: Baidu, Kakao and LINE in focus

There seems to be a growing trend to set up blockchain-focused subsidiaries and divisions among Asian firms. In a recent survey by PwC, executives said that they believe China will overtake the United States in blockchain...

Business
Yahoo Finance enables cryptocurrency trading

Yahoo Finance, one of the leading providers of financial information, has added cryptocurrency trading capabilities to its platform. The company added over 100 cryptocurrency quote pages across all platforms last year....

Business
Peer-to-peer crypto exchange AirTM raises $7M in Series A led by BlueYard Capital

AirTM, a financial services startup, has raised $7 million in Series A funding round led by BlueYard Capital a VC firm that has also been the lead investor of some of the most successful blockchain projects including...

Business
Cryptocurrency exchange Huobi acquires Hong Kong-based Pantronics Holdings for $70M

Cryptocurrency exchange Huobi has become the largest shareholder of Pantronics Holdings, a Hong Kong-based publicly listed firm, CoinDesk reported. The companies have issued a joint statement on the acquisition. Huobi...

Business
Israeli blockchain startup Orbs establishes Seoul headquarters, partners with Kakao’s subsidiary Ground X

Israeli blockchain startup Orbs has announced its strategic expansion into South Korea and partnership with internet giant Kakaos blockchain subsidiary Ground X. Orbs has opened its Seoul headquarters, with five...

Business
Crypto industry’s who’s who pump $32M into new stablecoin project 'Terra'

A new project aimed to create a price-stable digital currency Terra has secured $32 million in a seed funding round which saw participation from well-known global funds and investment arms of leading cryptocurrency...

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