Business — Page 342

Crypto trading app Robinhood is targeting at least $200 million in new funding round, according to a report by Bloomberg on May 25.

On the heels of a recent report that suggested that Facebook’s cryptocurrency will be called “GlobalCoin,” a new report from the Financial Times stated that the social media giant is holding talks with major cryptocur…

Unstoppable Domains, a blockchain-based software company, announced on Thursday a $4 million Series A led by venture capital firm Draper Associates.

Financial services company Robinhood has officially launched its crypto-trading app in New York.

Social media behemoth Facebook is reportedly gearing to launch its own cryptocurrency in about a dozen countries by the first quarter of 2020, BBC said in a new report today.

AT&T becomes the first major US mobile carrier to accept cryptocurrency as a bill payment option.

The CEO and founder of crypto exchange Binance is seeking damages from venture capital firm Sequoia Capital China, CoinDesk reported.

Digital currency exchange Coinbase revealed that its cryptocurrency payment processor Coinbase Commerce now supports the dollar-pegged stablecoin USD Coin (USDC).

Crypto merchant bank Galaxy Digital has sold the majority of its share in EOS developer Block.one for $71.2 million, which amounts to a 123% return on its initial investment.

In a major crackdown on a leading crypto mixing service, the Dutch Fiscal Information and Investigation Service (FIOD), in collaboration with Europol and the authorities in Luxembourg, has seized servers of Bestmixer.io.

In the latest move in the ongoing legal tussle between iFinex, owner of Bitfinex and Tether, and the New York Attorney General (NYAG), the lawyers of the two crypto firms are moving to dismiss the case.

The Ethereum Foundation has detailed how it plans to allocate the previously announced $30 million on ecosystem development over the course of next year.

Circle has become the latest company in the crypto space to lay off staff, CoinDesk reported.

Cryptocurrency exchange Kraken has raised more than $6.5 million in a couple of days, Bitcoinist reported.

Digital currency exchange Coinbase on Friday announced that its Coinbase Earn Program has expanded to more than 100 countries, allowing users to earn while learning cryptocurrencies.

Facebook has registered a new financial technology company, Libra Networks, in Geneva, Switzerland, on May 2, as shown on Geneva’s commercial register.

Billon Group’s subsidiary, Billon Solutions, inked a cooperation agreement on Friday with the Centre for Research on Legal Aspects of Blockchain Technology, operating at the Faculty of Law and Administration of the Un…

Foreign exchange company FXCM announced on Friday that it will start offering two cryptocurrencies.

A number of banking giants are teaming up for a blockchain-based settlement project, Computer World reported May 17.

Leading cryptocurrency exchange Coinbase is in talks to acquire crypto custody provider Xapo for about $50 million, sources familiar with the matter told The Block.

Brave, a free and open-source web browser developed by Brave Software Inc., is looking to pull in between $30 million and $50 million at a valuation of around $133 million in a Series A equity round, CoinDesk reported.

Blockchain smartphone maker Sirin Labs has announced that FINNEY users can now purchase cryptocurrencies with a credit card directly through the smartphone.

Poloniex, one of the world’s largest and most popular cryptocurrency market platforms, announced that it will stop offering nine coins in the United States, according to a blog post.

Cryptocurrency exchange Bitfinex announced on Thursday that a New York Supreme Court judge has granted its motion to modify an injunction obtained by the New York Attorney General (NYAG).

Crypto trading platform Liquid has established a joint venture with Virtual Currency Partners to break into the US market.

UK-based blockchain payment startup Billon Group has been awarded nearly €2 million (approximately $2.1 million) grant from the European Commission (EC) under the SME Instrument program, which is a part of the Horizon…

Silicon Valley-based cloud technology company InfStones has raised $2 million in seed funding to develop its block-producing capacity in proof-of-stake (PoS) networks, CoinDesk reported.

Dunamu, the company behind South Korea’s cryptocurrency exchange platform Upbit, announced on Wednesday that it has invested $46 million in 26 companies over the past year.

American multinational financial services corporation Fidelity Investments is looking for talented individuals for its institutional-grade crypto custody wing, Fidelity Digital Assets, as posted on the company’s caree…

Web browser Opera has announced its plans to soon add support for TRON’s TRX and other TRC-standard tokens within its browser.

Commercial giant eBay brushed off speculations that it will start accepting cryptocurrency as a payment method, Bloomberg reported.

Samsung plans to introduce cryptocurrency and blockchain functions to its budget Galaxy models, Business Korea reported.

Cryptocurrency exchange operator Huobi Group has announced the release of its Huobi OTC (over-the-counter) Desk on Monday.

Fintech company NAGA has announced the launch of its crypto/fiat exchange NAGAX.com following a comprehensive beta phase.

A new retail initiative formed through the partnership of payment start-up Flexa and Winklevoss-owned digital currency firm Gemini could witness major retailers like Crate and Barrel, Nordstrom, Starbucks, and Amazon-…

Cryptocurrency exchange platform Coinbase revealed it has expanded support for crypto-to-crypto trading for USD Coin (USDC) to 85 countries.

Following the major security breach earlier this year, New Zealand-based crypto exchange Cryptopia is now going into liquidation.

Privacy-focused start-up Nym Technologies has raised $2.5 million in a private token sale, CoinDesk reported.

Crypto custodian and security firm BitGo has announced the launch of new clearing and settlement service for institutional clients.

EXODUS1, the blockchain smartphone from HTC, will now allow users to easily swap between cryptocurrencies within its native wallet.