Chipper Cash was founded in 2018 as way of providing no-fee, peer-to-peer cross-border payment services for Africans. Its services are used across Ghana, Uganda, Nigeria, Tanzania, Rwanda, South Africa and Kenya, and recently expanded to provide people in the U.K. and the U.S. with the ability to send...
Marathon Digital produced 417.7 bitcoins in October, a 23% increase over the previous month that boosted the value of the company’s total bitcoin holdings to about $457.4 million, the bitcoin miner said on Tuesday. Marathon Digital now has about 7,453 bitcoins. Its mining fleet consists of 27,280 active...
Cryptocurrency lender Celsius Network is acquiring Israeli cybersecurity company GK8, the company announced Monday.GK8 was founded by Lior Lamesh and Shahar Shamai, who have worked as cybersecurity experts at the office of the Prime Minister of Israel.Celsius and GK8 will now provide an enterprise-grade custody platform for banks...
This episode is sponsored by NYDIG.Download this episodeThe President’s Working Group on Financial Markets has finally released its much-anticipated report on Stablecoins. In this episode, NLW breaks down:The PWG’s three major concerns surrounding stablecoinsThe significance of its recommendation that Congress legislate stablecoinsThe reactions of the crypto community, stablecoin...
The NFT collection will be made by abstract artist Gregory Siff at the Red Rocks Music Festival in Colorado on Nov. 4. The pieces will be turned into NFTs by Looks Rare on the spot, letting fans walk away with both the physical art and a digital collectible. Team...
The U.S. continued to lead the world in VC funding into the industry, investing a record high of $2.97 billion in the third quarter, up slightly from the second-quarter figure of $2.87 billion and the fifth consecutive quarter of increases overall. For Q3, the U.S. was followed by...
According to documents viewed by CoinDesk, a valuation by accounting firm PwC dated July 16, 2020 priced ConsenSys AG assets including Infura, MetaMask, Truffle, PegaSys, CoDeFi, as well as ConsenSys subsidiaries in France, the U.K., Ireland, Australia and Hong Kong at a total valuation of $46.6 million. Team Valhalla...
“There are other, safer ways of achieving the same objectives. For example, we could require 100% of stablecoin reserves to be maintained off-balance sheet, or require stablecoin reserves to be maintained at a Federal Reserve Bank, which is, by definition, risk-free. We already have a case study in...
Blockchain investment firm Sanctor Capital has raised $20 million for its inaugural fund, which will provide strategic capital and resources to blockchain-based online games (GameFi), decentralized finance (DeFi) and cross-chain infrastructure projects. Team Valhalla
“What sets us apart is Upland’s connection to the real world in combination with engaging game mechanics driving an almost endless number of compelling use cases for NFTs,” said Dirk Lueth, co-founder of Upland. “We are proud that Animoca Brands, a clear thought leader in gaming and blockchain,...