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Blockchain Firm Securrency Secures $17.65 Million in Series a Funding Round


Securrency, a leading blockchain-pegged startup platform providing revolutionary financial and security compliance tools to issuers, institutions, and brokers, has announced that it has pooled in a whopping sum of $17.65 million in a Series A funding round. The funding was led by Wisdom Tree which...

China Saw $11.4 Billion in Crypto-Based Capital Flight Last Year


On January 8, China-based blockchain security firm Peckshield published its “2019 Global Digital Asset AML Research Report” noting a variety of crypto trends throughout the year. According to the study, cryptocurrency-based capital flight stemming from China was around $11.4 billion...

Institutional and Retail Bitcoin Futures Demand Continues to Climb


2019 saw significant bitcoin derivatives action from firms like CME Group and Bakkt. This year, demand for CME’s bitcoin futures remains strong and the firm’s options products may be available this week. Additionally, Bakkt’s physically-delivered bitcoin futures have consistently...

Bitfinex ‘Copycat’ Lawsuit Withdrawn and Then Refiled in New District


Ifinex Inc, parent firm of Bitfinex, finds its ongoing legal troubles further complicated as a November lawsuit has been withdrawn by the plaintiff and refiled in a new district. The company, whose close affiliations with both the Bitfinex crypto exchange and stablecoin Tether have continually...

Blockchain Firm Wyre Releases List of 2019 Achievements & Future Aims


Wyre is a renowned crypto infrastructure providing platform that allows its wide global customer base to indulge in convenient transactions. The platform offers a revolutionary API solution that renders the investors to convert their fiat money into their favorite cryptocurrencies. With a network...

Fintech Firm With 2m Users Buys Crypto Exchange to Attract Millennials


Dutch fintech company BUX has bought Amsterdam-based social cryptocurrency exchange Blockport for an undisclosed amount in a bid to spark interest from young European investors. BUX says the move will help address “the investing needs of European millennials.” The fintech firm plans to rename...

Crypto Investor Sues U.S. Law Firm over ‘Erroneous’ Advice


A cryptocurrency investment company has hit a major law firm with a malpractice suit in a potential watershed case for the American legal and crypto worlds. According to legal documents submitted to a court in the American state of Illinois, Crypto Assets Fund has filed against Faegre Baker...

Bitmain and Canaan to Reveal 5nm Bitcoin Mining Chips in 2020


Two of the largest bitcoin mining chip manufacturers have plans to equip their products with 5nm chips in the near future. Just recently, China-based manufacturer Bitmain purportedly produced the world’s first 5nm test-grade bitcoin mining chip and more efficient mining rigs will see mass...

Wirex CEO Pavel Matveev Shares Expansion Plans for 2020


International payment and crypto service Wirex has enjoyed a productive year. Over the course of 2019, partnerships have been formed, a native token (WXT) released and the Wirex website and card completely redesigned. With the firm’s reach rapidly growing, CEO and co-founder Pavel Matveev...

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