Tech News

After the latest episode of nose-diving cryptocurrency prices, coupled with the historical rise and fall of Bitcoin (BTC), one may be tempted to doubt whether they are worthy investments. But ten years since Bitcoin’s launch, several digital assets have sprouted in the arena, eliciting an unprecedented “gold rush.” All that one need is to invest […]

Switzerland-based crypto broker financial services firm Bitcoin Suisse has raised CHF 45 million (~$48.6 million) in Series A, valuing the company at CHF 302.5 million (~$327 million). The Series A, Bitcoin Suisse’s first-ever external financing round, was led by Roger Studer, former head of investment banking at Switzerland-based Bank Vontobel. Other participants in the round […]

TikTok is launching the TikTok Creator Fund to support selected content creators. To get a reward, creators and their content should meet some requirements. TikTok, the video-sharing app, has announced a $200 million fund for its United States content creators. The fund that is known as the “TikTok Creator Fund” aims to enable the creators […]

The company is slowly expanding the service to its global client base. Opera Allows UK Users to Buy Crypto from Web Browser. Opera, a widely-used internet browser, has extended its cryptocurrency purchasing features directly from its in-built wallet to the users in the United Kingdom. This came four months after the Norwegian company extended the […]

A Revolut [ Full Review here ] licensed bank has been launched in Lithuania. This comes after the Apps’ success in the U.K. and the U.S. The platform popularity has been on the rise and has over 10 million users spread across the globe with 300,000 of these in Lithuania alone. By formally launching a […]

International regulators have asked central banks to ban stablecoins. Both decentralized and centralized fiat-pegged coins are coming under scrutiny, based on recommendations from the Financial Stability Board. Today, the Financial Stability Board (FSB) released a document addressing the regulatory, supervisory, and oversight challenges raised by global stablecoins. The document, although only consultative in nature, reveals […]

Fintech companies, among others, have seen some effect of the current coronavirus pandemic. Let’s take a look at the ongoing changes. As the world evolves and becomes a lot more advanced, financial technology (fintech) companies have a bigger chance to solidify their positions. While the use of technology is not new, fintech companies exploit technology […]

Reddit is replacing Karma for Ethereum-based Points in one of its communities. Here’s what you need to know. Reddit explains how its Ethereum-based Points system will work More details have been revealed about Reddit’s blockchain-based points system, which it is trying for one of its communities. As Decrypt reported yesterday, a community manager at Unstoppable […]

Cryptocurrency exchange Binance is set to launch its own mining pool in the near future. The move was first reported on by Russian news outlet Coinlife. Reacting to reports the company’s CEO Changpeng Zhao ended up confirming the move in a tweet, where he added that Binance will offer users a series of financial products […]

Binance has today announced the launch of its OTC trading portal, with 25 different coins and tokens initially supported. The minimum trade size for the portal will be the equivalent value of 10,000 USDT. In an attempt to increase crypto adoption, Binance has announced the launch of the OTC trading portal. According to a post […]

CoinSpot, top Australian Crypto Exchange by trading volume, says its security systems have been given the International Organization for Standardization (ISO) stamp of approval. The news marks the platform as the first cryptocurrency exchange in Australia and top Australian Crypto Exchange to receive an ISO information security accreditation. CoinSpot now has a user base topping […]

Coinbase, the leading cryptocurrency exchange in the United States, held a virtual staff meeting to update its employees on the company’s strategy during the Covid-19 pandemic tols Coinbase CEO. During the session, Coinbase CEO Brian Armstrong said Bitcoin is made for the type of crisis the world is currently facing. Satoshi Nakamoto’s main motive for […]

Tron, one of the largest blockchain-based operating systems in the world, has launched its Stablecoin system called Djed. The Stablecoin system is similar to MakerDAO, which is a decentralized organization that offers stability in the cryptocurrency sphere. The news was released by CEO and Founder, Justin Sun, through twitter on Saturday. However, his followers from […]

A crypto derivatives exchange has received a clean bill of health from the same software tester that vets the trading and settlement systems used by the London Stock Exchange (LSE). ZUBR, which only opened for trading in early March, said its trading software had been successfully stress-tested by Exactpro. The exchange’s high-frequency trading feature, risk […]

KB Kookmin, the largest bank in South Korea, is set to launch crypto custody service for assets such as bitcoin (BTC) and ether (ETH). The bank has filed a trademark application for “KBDAC” – KB Digital Asset Custody – with the Korean Intellectual Property Office, local news outlet Digital Today reported on Friday. The application, […]

Privacy-focused browser Brave Software is hoping to facilitate in-browser cryptocurrency trading, though it’s not quite ready yet. Brave announced Tuesday it was partnering with Binance to develop an in-browser crypto trading tool which will ultimately let users deposit, swap, purchase and trade crypto right from Brave Browser’s launch and new tab windows. There, a natively-integrated […]

Coinbase Wallet lead Sid Coelho-Prabhu has announced via the Coinbase blog that users will have the possibility to lend crypto and earn interest. The DeFi applications like Compound and DYDX already received millions of dollars from the investors. The interest rate for such applications can reach up to 6% APR. The Wallet’s decentralized build-in application […]

United Kingdom-born Fintech digital banking app Revolut is launching today, March 24, in the United States the US — but investors will have to wait for its crypto trading functionality to be up and running. Revolut Fintech rollout in the U.S. follows a major partnership with Visa back in October, which paved the way for […]