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Aussie Crypto Unicorn Raises $160M With ‘Big Four' Bank Backing
16.4.2020
Airwallex, an Australian cross-border payments firm that started life as a cafe, raised $160 million in a round led by ANZ bank
50 Companies Back New Cryptocurrency Project Competing With Facebook’s Libra
13.3.2020
Some members of the Libra Association are now backing a rival project called Celo, which has its own blockchain and cryptocurrency. Over 50 major companies have pledged their support, each pursuing a diverse set of use cases. The project claims that the combined reach of all members exceeds...
PBOC Official: China’s Digital Yuan Won’t Be a Speculative Currency Like Bitcoin
23.12.2019
According to recent statements by People’s Bank of China (PBOC) official Mu Changchun, the country’s digital yuan is ready for trials. The central bank digital currency (CBDC) will decidedly not be a speculative asset like bitcoin or stablecoins, and will not need a currency basket...
Venezuela Cuts Petro’s Backing from 5B Barrels of Oil to 30M: Reuters
21.11.2019
Venezuela to back its Petro with 30 million barrels of crude oil instead of 5 billion barrels as initially planned
‘Extremely Dangerous’ — Bobby Lee Regrets Backing Bitcoin SegWit2x
17.11.2019
Bobby Lee renounces previous support for SegWit2x
Australia’s Gold Mint Is Backing a Crypto Token on Ethereum
11.10.2019
The government-owned Perth Mint is backing a new digital token aimed to allow investors to trade and settle gold in real time
Visa, Mastercard to Reconsider Backing Facebook’s Libra Cryptocurrency
2.10.2019
It has already been a few months since the tech giant, Facebook, officially announced its ‘Libra’ cryptocurrency project with international support from big organizations including Visa, Mastercard, and PayPal. Since the announcement, very little has been heard about the Libra project apart from...
USD to Lead a Group of Fiat Currencies Backing Libra
23.9.2019
As per the reports, Facebook’s cryptocurrency, Libra will be backed by 50% by the US dollar and the rest by Japanese Yen (comprising 14%), Euro (comprising 18%), Pound Sterling (comprising 11%) and Singapore Dollar (comprising 7%). Chinese Yuan has not been included in the list till now. Facebook’s...
Commercial Debt Market Goes Live With Backing From Coinbase Ventures
10.7.2019
With Cadence, an ethereum-powered marketplace, institutional and accredited investors can now fund short-term loans to small businesses
Cardano (ADA) Doubles Down On Liquidity As It Sets Sights On Institutional Backing
9.7.2019
When Cardano (ADA) was launched in 2017, the market had high hopes about its potential to unlock the mass-market adoption of cryptocurrencies through a scientific philosophy and a research-first driven approach that might attract institutional investors. Cardano is yet to break away from...
Facebook Secures Backing From Uber, Mastercard, Paypal And VISA For Its Soon-To-Be Launch Cryptocurrency
14.6.2019
Crypto space on the verge of its biggest boom as the traditional giants are taking big strides in the industry, with some launching their own tokens, while others backing existing currencies. Facebook, the social media behemoth, is all set to shake the market with the launch of its stablecoin...
NEO Price Analysis: Neo Gets Strong Backing To Increase Mass Adoption Of The Token
1.6.2019
Neo has been added by crypto.com for easy conversions, accessibility & usage Neo continues to gain market acceptance with increasing prices Neo has been a high performing asset since the onset of 2019 and has doubled its value in just 5 months. The growing demand for this futuristic currency...
Bitcoin (BTC) Price Analysis: Bitcoin To Further Accelerate With Strong Backing & Collaborations
25.5.2019
The predictions of 2019 being the year of cryptocurrencies seem to be coming true as more and more industry players join hands with the leading digital assets ruling the world of crypto tokens. The recent alliance of Bitcoin coin with the telecom giant AT&T is a testament to increasing trust...