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iBG: The Insured (POSI) DeFi Token Begins Its Highly Anticipated Yield Farming
19.8.2021
PRESS RELEASE. Singapore – Following the much-awaited launch of the world’s first and only insured (POSI) DeFi token on PancakeSwap, iBG users can now expect the roll-out of yield farming, which will give every member of the community more opportunities at maintaining liquidity...
Bitpanda Raises $263 Million in Series C Finance Round, Firm Aims to ‘Double Down on Technology’
18.8.2021
Vienna-based crypto platform Bitpanda has announced the firm has secured $263 million in a Series C funding round. The financing was led by Valar Ventures and Leadblock Partners, Jump Capital, Alan Howard, and Redo Ventures joined the investment round. The latest financing gives Bitpanda an overall...
Unbound Finance Launches Polygon-Based CrossChain Stablecoin
18.8.2021
Unbound Finance, which specializes in minting UND stablecoins, will attempt to increase the fungibility of the automated management systems based on Polygon by employing Polygon’s high-speed, uncomplicated technology. The Polygon Network is set to become the launchpad for the earliest stablecoin...
Multi-Billion Dollar Financial Services Firm Lloyds Looks to Hire a Digital Currency Expert
18.8.2021
Lloyds Banking Group, the British parent company of Lloyds Bank, is currently hiring a “digital currency [and] innovation senior manager,” according to a recent job listing posted to BYP Network. Lloyds is one of the largest financial services firms in the world with close to $500...
iTrust Lists on AscendEX
16.8.2021
PRESS RELEASE. AscendEX, a global cryptocurrency platform, is excited to announce its newest listing: iTrust token (ITG), under the pair USDT/ITG on AUG 17 at 1 p.m. UTC. In celebration of the listing, AscendEX and the iTrust Finance team will jointly launch three limited-time promotional events...
Valve Patched A Steam Exploit That Let Users Add Unlimited Funds To Steam Wallets
15.8.2021
A security researcher on Hackerone recently submitted an exploit that could be used on Steam to gain unlimited funds. The exploit has since been patched by Valve and the company awarded the user who discovered this exploit $7500. Read more
Homeowners Offered Crypto-Backed Loans to Finance Home Improvement Projects
15.8.2021
As buying a home is by itself a serious investment, homeowners often lack the cash to fund further improvements to their property. While traditional bank loans are not as easily available, a new partnership now offers crypto holders to use their digital assets as collateral and instantly borrow...
Southeast Asia’s Largest Bank DBS Expands Crypto Business to Meet ‘Growing Demand’
13.8.2021
DBS, Southeast Asia’s largest bank, has announced a series of milestones for its crypto business. Its brokerage arm has obtained preliminary approval from the Monetary Authority of Singapore (MAS), Singapore’s central bank, and its crypto exchange will start operating 24-7 to meet...
Reef Finance Incorporates Jax.Network Into Its Marketplace
13.8.2021
The Decentralized Finance (DeFi) blockchain, Reef Finance, has built an alliance with the Bitcoin blockchain Jax.Network. The teaming up of these two eminent blockchain networks will offer clients a reliant, profitable, and decentralized blockchain conformity system. This association with...
Crypto Data Firm Dune Analytics Raises $8M — Series A Round Led by Union Square Ventures
13.8.2021
The team behind the platform that allows users to track data on the Ethereum blockchain, Dune Analytics, announced the firm has raised $8 million from strategic investors like Union Square Ventures. Dune Analytics detailed the firm plans to leverage the new financing in order to hire more help...
Bitpay Adds Google Pay for US Cardholders to Spend Cryptocurrencies
12.8.2021
Crypto payment service provider Bitpay has updated its wallet app to include Google Pay for U.S. cardholders to spend their cryptocurrencies. The company has already added Apple Pay and Samsung Pay is expected in the near future. Bitpay Updates Wallet App to Include Google Pay Leading crypto...
Forward Protocol Joins Reef Chain via Reef Finance
12.8.2021
On August 11, Reef Finance welcomed Forward Protocol on the Reef blockchain network’s ecosystem. Forward Protocol is renowned for its unorthodox methods, which seek to augment the quality of learning. Their USP is a decentralized and self-reliant network. They will grant the international...
ReSource Finance Raises 1.7M USD Offering Undercollateralized Credit
12.8.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
San Francisco, United States, 12th August, 2021,
Decentralized credit protocol, ReSource Finance completed a 1.7 million USD funding round led by Future Perfect Ventures, NGC Ventures, and ExNetwork to enhance...
Multi-Billion Dollar Wealth Manager Neuberger Berman Adds Exposure to Bitcoin, Ethereum
11.8.2021
The private investment management firm with $402 billion in assets under management (AUM), Neuberger Berman Group LLC, has revealed the company now has active exposure to cryptocurrencies like bitcoin. The multi-billion-dollar asset manager disclosed this information in a Form 497 in order...
LoFi-DeFi Fair Launch Is Set to Smash Records
11.8.2021
PRESS RELEASE. The last two weeks saw decentralized finance cryptocurrency startup LOFI-DEFI gain intense social adoption for what is positioned to be the biggest fair launch in DeFi history. Tens of thousands of investors have gathered in its combined international Telegram communities to await...
Vaneck Files for Bitcoin Futures ETF Following SEC Chair’s BTC Futures Regulation Statements
11.8.2021
Following a number of statements this week from the U.S. Securities and Exchange Commission’s (SEC) Gary Gensler, wealth management firm Vaneck has filed for a bitcoin futures exchange-traded fund (ETF). Vaneck Files for a Bitcoin Futures-Focused Fund Called the Bitcoin Strategy ETF On August...
Poly Network Hacker Returns $4.7M in Funds — Attacker Asks Devs to Unlock Frozen Tether Stash
11.8.2021
On Tuesday, the decentralized finance (defi) project Poly Network was hacked for over $600 million in digital assets. The attack was the largest defi hack to date eclipsing all of 2021’s defi hacks combined. The very next day, however, the hacker started to send funds back to the Poly Network...
Q2 Earnings Show Coinbase Raked in $2 Billion — Firm Forms Partnerships With Elon Musk, PNC Bank, Spacex
11.8.2021
Coinbase published the company’s shareholder letter on Tuesday which detailed it made over $2 billion in net revenue during the second quarter. The firm said “Q2 was a strong quarter” for Coinbase as it saw both “growth and diversification” this year. While netting...
EarnBUSD Fair Launch and Airdrop on MoonRatX to Surprise Winners
11.8.2021
Hailed as a top-tier liquidity protocol working on the Binance Smart Chain network, MoonRatX is all set to proclaim the glory of the highly-anticipated EarnBUSD Fair Launch event with its community by organizing attractive airdrops to reward winners. According to the report, the team has dedicated...
Personal Finance Guru Advises Dollar-Cost-Averaging Into Bitcoin
11.8.2021
Personal finance guru Suze Orman says she recommends dollar cost averaging into bitcoin. She sees several upsides to the cryptocurrency, noting that it could “turn into a payment structure.” Personal Finance Guru Bullish About Bitcoin, Advises Dollar Cost Averaging Into the Crypto...