Independence Day weekend brings to mind freedom, of course. And before too long, we may have independence from the banks, from the third parties, and from the financial system itself. Or maybe not. The promise of decentralized finance (DeFi) is that the advent of cryptocurrencies,...
Mercado Bitcoin has raised $200 million in a Series B funding round from the SoftBank Latin America fund, a press release says, according to parent company 2TM Group. The company plans to use its funds to boost its scale, add more offerings and invest in...
A deal between payments company NCR and NYDIG, a digital assets firm, will benefit 650 companies looking at offering bitcoin purchases, a Forbes report says. The deal will see community banks including First Citizens Bank from North Carolina, along with credit unions like Bay Federal...
More regulations and oversight are likely to be levied at the burgeoning crypto industry, according to Yoni Assia, CEO of equity, derivatives and crypto trading platform eToro, the Financial Times (FT) reports. He said that with the new interest in crypto as it goes more...
Crypto.com will make use of Circle‘s APIs in order to allow onramping of fiat funds and letting 10 million customers access USD Coin funds, a press release says. Crypto.com users will be able to add value to their digital asset accounts and purchase cryptocurrencies including...
Ricardo Salinas Pliego, owner of Banco Azteca, has said his bank will be attempting to accept cryptocurrency like bitcoin, Bloomberg writes. “Sure, I recommend the use of Bitcoin, and me and my bank are working to be the first bank in Mexico to accept Bitcoin,...
Chainalysis has raised $100 million in a Series E funding round, according to a press release. The company’s value is now sitting at $4.2 billion. Chainalysis is known for its work in the crypto industry, making it so that government agencies and other such entities...
Blockchain, at least to some observers, is synonymous with cryptos. And cryptos, of course, are synonymous with volatility. But in an interview with PYMNTS, Josh Li, chief business officer of Roxe, said that businesses and individuals can take advantage of speeding up and streamlining cross-border...
Bitcoin dropped to $32,288, losing about 7.5 percent of its value, the lowest in a dozen days, as officials in China continued putting the brakes on mining operations, Reuters reported on Monday (June 21). “Crackdown on Chinese miners might mean that they are offloading coin...
