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Crypto.com’s new functionality, new partnership, and plans for the new year Recently crowned the king of North American crypto trading, Crypto.com announced this week that it launched a new partnership with payments acceptance provider Ingenico. The partnership will enable users of Ingenico’s platform globally to accept payments in cryptocurrency. Consumers will benefit from earning rewards Read more…
This week in Tales from the Crypto we look at the boom-induced traffic jam in crypto coin trading, new funding for a blockchain payment network in the developing world, and a pair of new crypto-friendly alums that demoed at FinovateEurope last month. Base Backup as Bitcoin Booms The renewed boom in bitcoin is not without Read more…
Full-cycle verification provider and FinovateEurope alum Sumsub announced an integration with blockchain data platform Chainalysis this week. The partnership brings Sumsub’s Transaction Monitoring and Travel Rule solutions to the Chainalysis platform. This will enhance regulatory compliance and secure data storage, as well as provide automated crypto transaction monitoring for Chainalysis’ clients. In a statement, the Read more…
AlphaPoint, a digital asset infrastructure platform, has turned to blockchain protection firm Coincover to provide its customers with enhanced security. Courtesy of the partnership, AlphaPoint customers will be able to access Coincover’s Asset Protection solution which helps mitigate a variety of security threats including hacking, human error, and scams. Coincover secures its clients against hacking Read more…
This week’s edition of Finovate Global looks at recent fintech news from Colombia. The largest Spanish-speaking country in South America, Colombia is located in the northwest corner of the continent. With a population of more than 52 million, Colombia has the third largest economy in South America and the fourth largest in Latin America. More Read more…
TransUnion has partnered with two firms to bring credit scores onto the blockchain. The Illinois-based company has tapped data security firm Spring Labs and decentralized networks expert Quadrata to ultimately help lenders make data-driven decisions on credit applications submitted via the blockchain. The partnership will enable TransUnion to– upon the customer’s request– provide credit data Read more…
Canadian Crypto Combo: A trio of Canada-based cryptocurrency exchanges announced plans to merge into a single entity. Vancouver-based WonderFi, along with Toronto-based Coinsquare and Coin Smart Financial, are the firms involved. Together, they represent more than $600 million CAD in assets under custody and more than 1.65 million users. The merger will create what the Read more…
Blockchain.com is launching a Visa debit card in partnership with Marqeta today. The fee-free card enables users to spend their crypto balance or cash within their Blockchain.com wallet. Blockchain.com counts 50,000 sign-ups for the card from users on its waitlist. Cryptocurrency platform Blockchain.com is making it easier for users to transact using crypto from their Read more…
Cryptocurrency platform Blockchain.com is now valued at $14 billion. The updated valuation, which is almost 3x higher than its valuation a year ago, comes after Blockchain.com closed a Series D funding round. Blockchain.com’s 37 million users have opened 82 million crypto wallets and have made transactions worth over $1 trillion to-date. According to its most Read more…
Consumer credit reporting agency TransUnion is moving in the direction of Web3. The Illinois-based company announced this week it will bring off-chain consumer credit, identity, and compliance information to public blockchain networks. The move is made possible via a partnership with Spring Labs, a company that offers decentralized infrastructure for credit and identity data. Spring Read more…
Cryptocurrency wallet provider Blockchain.com has picked up $120 million in funding. The Series A round featured participation from a sizable number of investors, including Access Industries, Lightspeed Venture Partners, and GV (Google Ventures) – among others. Blockchain.com’s total capital now stands at $190 million, and gives the London, U.K.-based firm a valuation of $3 billion. Read more…
Payments network Ripple, in conjunction with research and advisory firm Celent, recently released their 2020 Blockchain in Payments report. The two conducted a survey to better understand adoption of blockchain-based payments across retail and digital banking, payment aggregators, and money transmitters. The findings of the study illustrate how far the banking industry has come with Read more…