Sequoia Capital has invested in a $1 million-plus token fundraising round for decentralized finance (DeFi) lending project Parallel that puts the Polkadot-based protocol’s value at $250 million, CoinDesk reported Monday (Nov. 8). Get the Full Story Complete the form to unlock this article and enjoy...
Cost savings for banks using Blockchain technology in cross-border settlements will grow by 3,330% by 2030, according to a new report from Juniper Research. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Artist Beeple, who sold a digital collage at Christie’s for $69 million this spring, plans to sell a 7-foot-tall real-life sculpture named HUMAN ONE on Nov. 9 for about $15 million through Christie’s, according to a Thursday (Oct. 28) report in The Wall Street Journal....
The Securities and Exchange Commission (SEC) has asked asset manager Valkyrie Investments not to go forward with plans for a leveraged bitcoin exchange-traded fund (ETF), The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Mobile banking platform BlockBank, which combines decentralized finance (DeFi) and artificial intelligence (AI) technology, on Tuesday (Oct. 26) announced it will unveil its mobile and web-based app by the end of this year, according to a Bitcoin.com report. Get the Full Story Complete the form...
Bitcoin fell around 87 percent last week on Binance’s U.S. exchange, a Bloomberg report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
As the mobility sector continues its digital shift with a variety of vehicle sales platforms expanding capabilities — particularly into financing — the complexities of vehicle financing and the reams of paperwork generated in the process are prime for innovation. Get the Full Story Complete...
The blockchain can be the underpinning for the financial services ecosystem to give rise to assets that have real tangible value — including stablecoins and other cryptocurrencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In a push to increase its user base in the U.S., digital bank Revolut is introducing fee-free cryptocurrency trading for up to $200,000 worth of trades per month, the FinTech announced Tuesday (Oct. 19). Get the Full Story Complete the form to unlock this article...
