Moonriver Secures Its Position In The Kusama Parachain Slot Auction

Moonriver, Moonbeam’s companion network, has successfully secured a slot in the second round of Kusama parachain slot auctions. The Moonbeam team shared an official announcement via Twitter, revealing that more than 5,000 contributors had locked over 200,000 Kusama coins (KSM) to support Moonriver’s bid for a slot in the recently concluded parachain auctions, held between… Continue reading Moonriver Secures Its Position In The Kusama Parachain Slot Auction

Okcoin secures regulatory approval in Malta and the Netherlands

Cryptocurrency exchange Okcoin may soon be opening its doors wider to crypto traders in Malta and the Netherlands following approval from key regulators. In a Thursday announcement, Okcoin said it had secured formal registration from the central bank in the Netherlands and secured “in principle” approval for a virtual financial assets license from the Malta… Continue reading Okcoin secures regulatory approval in Malta and the Netherlands

Okcoin secures regulatory approval in Malta and the Netherlands

Cryptocurrency exchange Okcoin may soon be opening its doors wider to crypto traders in Malta and the Netherlands following approval from key regulators. In a Thursday announcement, Okcoin said it had secured formal registration from the central bank in the Netherlands and secured “in principle” approval for a virtual financial assets license from the Malta… Continue reading Okcoin secures regulatory approval in Malta and the Netherlands

Shiden secures third parachain slot on Kusama

Shiden, the sister-project of leading Polkadot-native layer-two decentralized app hub, Astar Network (formerly Plasm Network), has won the third parachain auction for Polkadot’s experimental sister-network, Kusama. Shiden secured the slot with a total of 137,020 KSM tokens bonded — worth nearly $29 million at current prices. Shiden is a smart contract platform for Kusama-based DApps,… Continue reading Shiden secures third parachain slot on Kusama

Enjin secures $18.9M funding for Polkadot-based NFT blockchain

Crypto exchange platform Crypto.com has reportedly led an $18.9 million private funding round for Enjin’s new NFT blockchain platform. Enjin announced the news on Wednesday with DFG Group, BlockTower and Arrington XRP Capital among other investors in the private sale. Dubbed “Efinity,” the platform is an NFT blockchain built on Polkadot that will reportedly offer… Continue reading Enjin secures $18.9M funding for Polkadot-based NFT blockchain

Arca secures $10M in Series A funding as traditional financiers back crypto

Arca, an emerging digital-asset manager, has secured $10 million in Series A funding to bootstrap the next phase of its business strategy — one that could bridge the gap between traditional finance and cryptocurrencies.  In a Wednesday press release, Arca said the funding round was led by venture capital firm RRE Ventures, with key contributions… Continue reading Arca secures $10M in Series A funding as traditional financiers back crypto

Crypto.com secures regulatory approvals from Maltese authorities

Cryptocurrency exchange and debit card provider Crypto.com has scored major regulatory approvals from the Maltese government. According to a Nov. 24 announcement, the Malta Financial Services Authority, or MFSA, has granted Crypto.com two financial licenses: a Financial Institution License and a Class 3 Virtual Financial Assets, or VFA, License. The Financial Institution License officially enables… Continue reading Crypto.com secures regulatory approvals from Maltese authorities

JPMorgan Chase secures $15 billion for second round of PPP funding

JPMorgan Chase said Friday it has secured roughly $15 billion in the second round of Paycheck Protection Program funding, with about $8.4 billion of that going to small businesses in the Tri-State Area. The nation’s biggest lender started notifying clients in the wee hours of the morning that their emergency funding from the Small Business… Continue reading JPMorgan Chase secures $15 billion for second round of PPP funding

TransFICC Secures New Investment from AlbionVC, ING Ventures and HSBC

TransFICC, a provider of low-latency connectivity and workflow services for Fixed Income and Derivatives Markets, has closed its Series A investment round for £5.75 million, the firm announced today. Led by London-based investment firm AlbionVC, it included new strategic investments from ING Ventures and HSBC. The Most Diverse Audience to Date at FMLS 2020 –… Continue reading TransFICC Secures New Investment from AlbionVC, ING Ventures and HSBC

Air France-KLM secures billions in government aid

Air France-KLM has secured at least €9bn (£7.9bn; $9.7bn) in government aid, as the Franco-Dutch airline group struggles to stay afloat because of the coronavirus outbreak. The French authorities said Air France would get €3bn in loans and another €4bn in state-guaranteed funds. Meanwhile, the Dutch government said it was preparing between €2bn and €4bn… Continue reading Air France-KLM secures billions in government aid

dForce Secures $1.5 Million Funding in Push for DeFi Ecosystem Growth | BTCMANAGER

dForce, Chinese decentralized finance (DeFi) platform, has secured $1.5 million in its seed funding round led by several venture capital firms including Multicoin Capital, Huobi Capital, and others. The fresh funds will enable dForce to strengthen its ecosystem and help it reduce the gap between it and top DeFi ecosystems such as MakerDAO, Synthetix among… Continue reading dForce Secures $1.5 Million Funding in Push for DeFi Ecosystem Growth | BTCMANAGER

Bittrex Secures $300 Million Insurance for Cryptocurrencies in Cold Storage

Cryptocurrency exchange Bittrex obtained $300 million in digital asset insurance against theft or collusion for the cryptocurrency it holds in cold storage. Bittrex announced in a blog post on Jan. 29 that the exchange obtained specialty insurance for corporations by insurance firm Lloyd’s of London after working with major insurance broker and adviser Marsh. The… Continue reading Bittrex Secures $300 Million Insurance for Cryptocurrencies in Cold Storage

Report: Facebook Secures Support From Dozens of New Firms for Its Crypto Project

Social media platform Facebook has reportedly secured support from dozens of players in the cryptocurrency and blockchain sector for its forthcoming digital currency. The overall roster was announced by technology-focused media outlet the Block on June 14. Earlier today, news broke that Facebook has allegedly sealed backing from over a dozen firms that include Visa,… Continue reading Report: Facebook Secures Support From Dozens of New Firms for Its Crypto Project

Ryan Kavanaugh’s Media Firm Secures $100 Million Investment for Crypto Project

United States-based film producer Ryan Kavanaugh’s Proxima Media has unveiled a $100 million investment for a cryptocurrency-based film funding tool, entertainment industry news outlet TheWrap reported on May 23. Per the report, Proxima Media — which Kavanaugh founded and owns — announced plans for a new crypto-enabled financing tool for film, TV, music and other… Continue reading Ryan Kavanaugh’s Media Firm Secures $100 Million Investment for Crypto Project

BitOasis Secures Preliminary Approval With UAE Financial Regulator

United Arab Emirates-based cryptocurrency exchange BitOasis has reportedly secured preliminary approval with financial regulators, Bloomberg reported on May 13. Founded in 2015, BitOasis claims to be the Middle East’s first digital currency wallet that uses multi-signature technology. The company previously announced that it was seeking to be fully licensed in the financial center Abu Dhabi… Continue reading BitOasis Secures Preliminary Approval With UAE Financial Regulator

Crypto Firm Bitpanda Secures Payments Service Provider License Under EU Rules

Viennese crypto and fintech firm Bitpanda has received a payment service provider license from Austria’s financial regulator. The development was reported by Cointelegraph auf Deutsch on April 4. The license has reportedly been issued to Bitpanda Payments GmbH by the Austrian financial market authority (FMA) in accordance with the European Union‘s Payment Services Directive 2… Continue reading Crypto Firm Bitpanda Secures Payments Service Provider License Under EU Rules

Acre Blockchain Project Secures GBP 5 Million from Aviva Insurance and Others – BTCMANAGER

Acre, a blockchain powered mortgage startup based in the UK, has secured a GBP 5 million investment from Aviva Insurance and Sesame Bankhail Group (SBG), a financial advisor, to enable it to grow the platform further. This according to a report from The Telegraph, April 2, 2019. Insurance Giant Bets on Blockchain Aviva, a leading… Continue reading Acre Blockchain Project Secures GBP 5 Million from Aviva Insurance and Others – BTCMANAGER

Remittance Startup and Ripple Partner Secures Nearly 2 Million in Funding from familiar Names in the Financial Industry

SendFriend is a remittance service that is aiming to utilize blockchain technology to lower costs for those sending money to the Philippines. The service is set to launch in March, and has support from Ripple, along with Mastercard, Barclays, and MIT Media Lab. In fact, the startup just received 1.7 million dollars in funding which… Continue reading Remittance Startup and Ripple Partner Secures Nearly 2 Million in Funding from familiar Names in the Financial Industry

Crypto Week In Review: Goldman Sachs Furthers Crypto Foray, Coinbase Secures Funding

Although relative non-action in crypto markets has continued, with prices stagnating en-masse, prominent institutions, such as Goldman Sachs and Tiger Global, still seem ready to pounce on what this nascent industry has to offer. Goldman Sachs Onboards Exclusive Investors For Bitcoin Products Per an insider scoop from The Block, Wall Street’s golden child, Goldman Sachs,… Continue reading Crypto Week In Review: Goldman Sachs Furthers Crypto Foray, Coinbase Secures Funding

Swiss Startup Secures $100m Investment to Launch a Cryptocurrency Bank

A Switzerland-based cryptocurrency startup, SEBA Crypto AG has successfully secured $100 million as investment from some local and foreign retail and institutional investors. This investment will be used to fund its proposed fully regulated cryptocurrency bank. SEBA’s Grand Vision According to a release issued on the company’s official website, SEBA is aiming to obtain a… Continue reading Swiss Startup Secures $100m Investment to Launch a Cryptocurrency Bank

Ontology [ONT] secures partnership with 2 million user strong blockchain star Muzika

Muzika, a 2-million user strong star in the blockchain space has successfully secured a strategic partnership with Ontology [ONT]. As a primary part of its strategic partnership, Muzika will use ONT’s technical infrastructure to build a truly decentralized digital music ecosystem for all the parties within the digital music space. Muzika is a blockchain project focused… Continue reading Ontology [ONT] secures partnership with 2 million user strong blockchain star Muzika

Genesis Global Trading Secures Its BitLicense

The BitLicense has been an interesting development in the world of cryptocurrency. In fact, it has been subject to so much controversy and debate, one would almost forget companies are actively pursuing this license these days. Genesis Global Trading is the most recent firm to have been granted a BitLicense, which means it can officially… Continue reading Genesis Global Trading Secures Its BitLicense