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Hive Reports $7.4M Q2 Profit as Lower Costs More Than Offset ‘Big Spend’ on Expansion
1.12.2020
Hive shares have gained over 1,200% in 2020
Crypto Security Firm Fireblocks Raises $30 Million in Series B Funding, Targets Global Expansion
19.11.2020
Crypto security firm Fireblocks said Wednesday that it has raised $30 million in a Series B funding round. The money will be used to hire new talent as well as to expand its global operations to meet “institutional and retail market demand for digital assets.” The round was led...
Paypal Begins Crypto Service: CEO Reveals Increased Limits, Expansion Plans, Venmo Rollout
3.11.2020
Payments giant Paypal has revealed more details of its new cryptocurrency service. The company is currently rolling out crypto functionality to U.S. customers, after which it will launch the service internationally and on the Venmo platform. Paypal’s CEO Unveils Crypto Plans Paypal CEO...
Kraken relaunches crypto trading in Japan as part of APAC expansion
22.10.2020
Japanese residents can once again trade BTC, ETH, LTC, XRP, and BCH on Kraken, two years after it pulled out of the country
Riot Buys 2,500 More Bitmain Miners In Latest Fleet Expansion
7.10.2020
The publicly traded miner aims to quadruple its current hash rate by mid-2021
Hackation, Salvation, Expansion, and 20 Crypto Jokes
3.10.2020
In the last week of crypto September, KuCoin got hacked, along the way exposing a key difference between bitcoin and altcoins. Cardano was the best performer while Litecoin dropped out of top 10. OpenBazaar got temporarily saved from becoming ClosedBazaar by an anonymous donor, Bithumb won a legal...
LINE Corporation & Theta Network to Launch Video App for Asia Expansion
1.10.2020
Highly-acclaimed subsidiary brand of South Korea’s NAVER Corporation, LINE Corporation of Japan has announced the launch of an innovative video application named ‘THETA.tv for LINE’ in collaboration with Theta Network. The mobile-friendly service will be fueled by Theta’s protocol architecture...
Bitpanda Secures USD 52m For Its Expansion In Europe
29.9.2020
Competition in the European crypto exchange market is about to become more heated as Austria-based digital investment platform Bitpanda said it secured a USD 52m investment to support its expansion in the old continent.
The company said it closed "Europe’s largest Series A funding round...
Chinese Mining Rig Manufacturer Microbt Announces Offshore ASIC Factory
27.9.2020
On Friday, China-based bitcoin mining rig manufacturer Microbt announced plans to create an offshore facility that produces the company’s Whatsminer devices and parts for North America. The firm revealed the expansion news when it announced a recent partnership with the New York-based Foundry...
Kraken Bank Starts Its Global Expansion From US + More News
16.9.2020
Source: a screenshot, Instagram/krakenfx
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
US-based major crypto exchange Kraken said that the State of Wyoming has approved Kraken’s...
Digital assets firm Cred eyes global expansion using Visa's network
8.9.2020
Crypto borrowing and lending platform Cred has joined Visa’s Fintech Fast Track program to further the adoption of DeFi loans
European Crypto Tax Companies Announce Merger to Power US Expansion
8.9.2020
The merger means Blockpit and Crypto Tax can look at taking their newly combined regtech offering to the lucrative U.S. market
Crypto-Friendly Banking Platform Cashaa Expanding in India, US, Africa
5.9.2020
Crypto banking platform Cashaa has unveiled plans to expand its services in India, the U.S., Africa, and the Caribbean. In India, the company aims to create “the first crypto-friendly banking platform” that is regulated by the central bank, the Reserve Bank of India (RBI)...
Crypto Banking Firm Cashaa Eyes India Expansion After $5M Raise
2.9.2020
The crypto-friendly banking firm raised $5 million from Dubai-based blockchain investment and advisory firm 01ex
Nigerian Crypto Startup Yellow Card Raises $1.5 Million For Expansion in Africa
31.8.2020
Yellow Card has raised $1.5 million in a seed round. The Nigerian crypto startup said it will use the money to expand its operations in Africa while making it easier for people on the continent to buy and sell digital assets. Investors in the new round include Polychain, venture capital firm...
Binance Taps DeFi Excitement to ‘Fuel’ Expansion Strategy in India
24.8.2020
Binance is looking to accelerate business development in India during the local 2020 bull run – with an acute focus on decentralized finance
Beijing Makes Digital Yuan Pilot Expansion Plan U-turn
20.8.2020
The Chinese government has indicated that it may not decide to expand the scale of its digital yuan launch after all – just days after it revealed details of a massive expansion encompassing some of the most affluent parts of the country.
As previously reported on Cryptonews.com, the nation’s...
Record Ethereum Network Use and Gas Fees Pose Risk to DeFi Expansion
15.8.2020
Ethereum network use and transaction fees are rising to record highs, will this interfere with DeFi’s current expansion?
China Set for Huge Expansion of Digital Currency Pilot
14.8.2020
The Chinese central bank is reportedly set to massively expand the scope of its digital yuan pilots – as the nation edges closer to a central bank digital currency (CBDC) issuance.
Per a report from the Wall Street Journal, the nation’s Ministry of Commerce said that the pilot – so far active...
China to Launch Major Expansion of Digital Currency Trials
14.8.2020
China is said to be planning additional testing of its digital yuan across a number of developed regions including Hong Kong