Upgrade launches new credit card with bitcoin rewards

Upgrade, a FinTech company focused on providing credit for mainstream consumers, launched the Upgrade Bitcoin Rewards Card a new version of its Upgrade Card featuring bitcoin rewards.

Alessa whitepaper outlines key crypto know-how for financial institutions

Alessa by Tier 1 Financial Solutions has published a whitepaper detailing how financial institutions (FIs) can deal with the cryptocurrency market and manage its associated risks.

EU plans to end cryptocurrency anonymity as part of AML plan

The European Commission has said it intends to end anonymity in cryptocurrencies and introduce a new anti-money laundering (AML) agency to crack down on financial crime.

FTX crypto exchange valued at $18bn after the largest funding round in crypto history

Crypto derivatives exchange FTX has completed a series B fundraising round of $900m that values the company at $18bn.

Over half of crypto experts believe bitcoin will replace fiat money by 2050

A recent survey has found that over half of the experts who took part believe bitcoin will become more dominant than money issued by central banks in less than 30 years.

Terraform Labs bags $150m in funding from major crypto players for DeFi Ecosystem Fund

Terraform Labs, the South Korean company behind the Terra public blockchain, has raised $150m from major crypto investors including Arrington XRP Capital, Pantera Capital, Galaxy Digital and BlockTower Capital.

Why Revolut and the CyberTech industry stand out from the 42 funding rounds raised...

FinTech companies continue to rake in millions of dollars with a slew of startups graduating to the unicorn club. The 42 ventures in the sector that topped up their accounts last week are proof of that.

Andreessen Horowitz leads $9m round for Solana’s Phantom wallet to develop its multichain feature

Phantom, a crypto wallet and browser extension for accessing decentralized finance (DeFi) applications, has raised $9m in a Series A funding round led by Andreessen Horowitz (A16z).

CertiK claims to raise the largest funding round of any blockchain security platform

Blockchain security company CertiK has scored $37m in its Series B funding round, which was co-led by Coatue Management and Shunwei Capital.

ECB to examine digital euro potential through two-year investigation

The European Central Bank (ECB) has revealed it is set to begin a two-year long investigation into the possibility of launching a digital euro.

News Stories

Microsoft underlines heightened concern from call centre ransomware scheme

Microsoft has claimed a ransomware campaign employing bogus call centers to trick victims into downloading malware may be more dangerous than previously thought.

Crypto banking platform Matrixport hits unicorn status

Matrixport, which claims to be one of Asia’s fastest growing digital asset platforms, has joined the unicorn club, after it closed a Series C round.

Flood insurance firm reThought Insurance bags Series A funding

reThought Insurance, a digital MGA aimed at the flood insurance market, has closed its Series A round on $15.5m.

India unveils new digital currency, Nigeria eyes e-currency launch in October 2021

India has introduced the e-RUPI, which is a cashless and contactless digital payment system to support the global shift towards digital payments.

Amazon slapped with record $887m fine for data privacy breach by EU agency

Amazon has been issued with a fine of $887m by a European privacy watchdog for breaching the bloc’s data protection laws.

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