Al Fardan Exchange, a money transfer firm, has joined up with Ripplenet in a deal that will see the company use the Ripplenet blockchain when sending funds across national borders. Al Fardan’s Reasons...
Tag: Firm
Crypto Tax Software Firm CoinTracker Raises $100M to Help Traders Prep for IRS
In brief CoinTracker is crypto tax software. The company has a $1.3 billion valuation. It’s using its $100 million in funding to “scale up the product and company.” With the IRS fili...
Renowned VC Mark Carnegie Leads $30 Million Investment Round in Blockchain Software Firm Chrono.Tech
Chrono.Tech is turning many heads by its venture into disrupting the HR and recruitment industry. The team aims to leverage blockchain technology to streamline the many day-to-day processes in this se...
Alexander Geralis Leaves Spotware, Launches FX Brokerage Advisory Firm
Alexander Geralis has left his position at Spotware Systems to launch Finthentic, a forex and contracts for difference (CFDs) fintech providing brokerage advisory service to companies. “Finthent...
Fintech Firm Milo To Provide Cryptocurrency Mortgage Services
More innovations keep springing up to fascinate and intrigue digital investors with increased cryptocurrency adoption. In line with that, Milo, a fintech startup based in Miami, introduced the first g...
Crypto infrastructure firm Fireblocks valued at $8B following $550M raise
Digital asset custody platform Fireblocks has raised $550 million in Series E funding to become one of the blockchain industry’s most valuable companies, underscoring heightened institutional appetite...
Short-Term Bitcoin Holders Taking the Brunt of BTC Capitulation: Analytics Firm Glassnode
Crypto research firm Glassnode is looking at fresh Bitcoin (BTC) data to see if the recent sell-off indicates that BTC is just in a slump or entering bear market territory. In its latest weekly newsle...
Blockchain infrastructure firm Blockdaemon scores $3.25 billion post-money valuation in new fundraise
advertisement Blockdaemon, a blockchain infrastructure company, has raised a $207 million funding round that gives the firm a post-money valuation of $3.25 billion, according to a Wednesday afternoon ...
Tether's New Accounting Firm Is the Old One, With Baggage
Meet Tether’s new accounting firm, same as Tether’s old accounting firm. U.K.-based mid-tier firm MHA MacIntyre Hudson, announced Jan. 14 its Cayman Islands office, MHA Cayman, now handles the clients...
MicroStrategy CFO Recommits the Firm to Maintain Bitcoin Accumulation Strategy
Phong Le, the Chief Financial Officer of MicroStrategy Incorporated, said the company will not relent in its bullish acquisition of Bitcoin (BTC) as its Treasury Reserve Asset (TRA). The company, prim...
Crypto VC Firm Dragonfly Raising $500M for New Fund, Documents Show
Crypto venture capital firm Dragonfly Capital Partners is raising $500 million for a new fund, according to a new regulatory filing. The Dragonfly Ventures III Feeder fund has a $500 million target an...
Multichain vulnerability put a billion dollars at risk, says security firm
The Multichain bug that has led to the theft of $2 million in crypto (so far) could have been “enormous,” according to the company that disclosed the vulnerability last week. Blockchain security firm ...
Crypto Firm Rain Financial Gets More Than $100 Million in New Funds
Rain Financial in the Middle East – which operates the Rain cryptocurrency exchange licensed by the Central Bank of Bahrain – has garnered more than $110 million in series B funding as digital currenc...
Fintech Firm Routefusion Secures $10.5 Million in Funding
Austin-based financial technology solutions provider, Routefusion has raised a total of $10.5 million in funding for its international expansion. According to the company, its cross-border payment sol...
Victor Zachariades Left Pepperstone, Joins Crypto Firm Alpaca
Victor Zachariades has stepped down from his role as Head of Pepperstone’s Cyprus unit to join Alpaca as the General Manager of Cyprus. He took over the new role earlier this month, according to his L...
NFT firm Dropp GG set to launch ‘geo-minting’ and ‘mixed reality events’
Solana-based augmented reality and NFT platform Dropp GG is developing geographical-based NFT minting and “mixed reality events” tied to the Metaverse. The firm was founded in early 2021 and is progre...
Crypto staking firm Stader Labs raises $12.5 million in new funding
advertisement Crypto staking infrastructure firm Stader Labs has raised $12.5 million in a new funding round. The round was led by Three Arrows Capital, with participation from Accel, Blockchain.com, ...
Ford Isn’t Tesla Yet And Shouldn’t Be Trading Like An Electric Vehicle Stock, This Firm Says
Topline It’s too early for investors to value and trade legacy automakers such as Ford like electric vehicle stocks, according to Jefferies analysts who recently downgraded shares of the company warni...
Serena Williams Joins Sorare To Help $4.3 Billion Blockchain Firm Conquer US Sports, Women’s Leagues
Serena Williams will join Sorare’s board as an advisor. Getty Images (left) and Rafael Henrique/SOPA (right) Serena Williams, one of the greatest tennis players of all time, is joining the $4.3 ...
Kushner’s Buyout Firm Hires Former Trump Administration Staffers
(Bloomberg) — Jared Kushner, the son-in-law and former senior adviser to former President Donald Trump, is relying on Washington as well as Wall Street to build out the staff of his new private ...
Former ConsenSys AG Investment Head Accuses Firm of Mistreatment in Lawsuit
In that complaint in Delaware court, ConsenSys said Gupta had mistreated colleagues and caused the firm to lose business opportunities. The firm accused Gupta of presenting fraudulent academic and pro...
Bitcoin ‘Mega Whales’ Make Reappearance As BTC Struggles To Stay Above $40,000: Crypto Intelligence Firm Santiment
As the price of Bitcoin (BTC) continues to track sideways in early 2022, BTC “mega whales” appear to be buying back into the space. According to crypto analytics firm Santiment, in the past three mont...
Crypto VC Firm Inflection Launches $40M Fund to Build ‘Open Economy’
Limited partner investors in the Mercury Fund include Galaxy Digital, Digital Currency Group (CoinDesk’s parent company), Accolade Partners, Evanston Capital, Isomer, Hutt Capital, Multiple Capital, P...
Animoca Brands Receives $358M Boost, the Gaming Firm Goes on Acquisition Rampage
Money flow from investors into blockchain-based companies is undoubtedly a trend we would not see its end this year, as one of the most prominent gaming firms, Animoca Brands, has raised $358.88 milli...
VC Firm Blossom Capital Raises $432M to Invest in the Cryptocurrency Ecosystem
The London-based venture capital company Blossom Capital raised $432 million to invest in early-stage tech startups in Europe. The firm has reserved a third of the proceeds for investments in the cryp...
Big Four Accounting Firm Says Financial Institutions Need Regulatory Clarity on Crypto To Remain Competitive
Ernst & Young, one of the world’s leading accounting institutions, says that financial services firms must learn how to navigate the regulatory issues in the crypto markets to remain competitive. ...
Bahrain-Based Crypto Firm Rain Raises $110 Million in Series B Funding
Digital exchange Rain today became one of the most valuable crypto startups in the Middle East region after the company raised $110 million in its Series B funding round. The company’s Bahraini entity...
Fantom (FTM) Flashing Bullish Signal Amid Epic Rally Close to All-Time High: Crypto Insights Firm Santiment
Ethereum competitor Fantom (FTM) is still showing bullish on-chain signals even as it rallies close to new all-time highs, according to crypto intelligence firm Santiment. Santiment says that it is ke...
Business Advisory Firm Expects Criminal Cryptocurrency Transactions to Fall by 30% by 2024 – Security Bitcoin News
Gartner, an advisory firm, has predicted that criminal cryptocurrency transactions or transfers will fall by 30% by 2024. The firm says factors such as the transparency of the blockchain, as well as t...