Crypto-supporting banking app Revolut has raised $500 million in a fresh funding round and tripled its valuation to hit $5.5 billion. United Kingdom-based digital bank Revolut has raised $500 million in a fresh funding round and tripled its valuation to hit $5.5 billion. This, as the Financial Times reported on Feb. 25, makes the crypto-supporting…
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Celer and Polkadot have partnered to bring layer two scaling to the upcoming blockchain network developed by Parity, which enables more advanced optimizations. Celer Network will develop its layer-2 solutions for Polkadot, an upcoming blockchain network developed by Web3 Foundation and supported by Parity Technologies. The sidechain scaling solution is positioned to improve performance beyond…
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MediLedger, a working group comprising 25 major companies operating in the pharmaceutical supply chain has completed a pilot program with the US FDA. 25 leading pharmaceutical manufacturers, distributors, logistic partners, and other representatives of the pharma supply chain have published a report arguing in favor of adopting blockchain technology to track and trace prescription drugs…
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Caitlin Long has founded the first crypto-native bank in the U.S., that will open doors in 2021. Caitlin Long, a former Wall Street executive who has helped Wyoming enact 13 blockchain-enabling laws, is taking advantage of the progressive Wyoming legislature to establish a first crypto-native bank in the U.S. The bank’s name is Avanti, which…
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Binance now offers both deposits and withdrawals in Hong Kong dollars without deposit fees. Binance, one of the world’s foremost cryptocurrency exchanges, now allows deposits in Hong Kong dollars. According to a Feb. 21 announcement, Binance now offers both deposits and withdrawals in Hong Kong dollars without deposit fees. After depositing Hong Kong dollars, users…
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Sports fan token project Socios plans to launch an integrated membership and fiat-crypto prepaid debit card, which also provides blockchain-based global ID functionality. Cooperation between fiat currency card issuers and the blockchain industry appears to be proceeding apace. On Feb. 24, sports fan token project Socios announced the launch of an integrated membership and fiat-crypto…
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Crypto entrepreneur Tyler Winklevoss is reportedly the owner of the world’s most expensive ticket to space, which he bought for Bitcoins now worth $3 million. Tyler Winklevoss, a billionaire Bitcoin (BTC) investor and co-founder of cryptocurrency exchange Gemini, bought the world’s most expensive ticket to space. The purchase was made back in January 2014, according…
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Janet Jackson’s ex-husband, the Qatari billionaire Wissam Al Mana, is suing Facebook after a crypto scam used his image to promote itself in the Middle East without his permission. Janet Jackson’s ex-husband, the Qatari billionaire Wissam Al Mana, is suing Facebook after a crypto scam used his image to promote itself in the Middle East…
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Alex Tapscott discusses his recently released book Financial Services Revolution with Cointelegraph. When the United States Treasury said on Feb. 13 that it would seek to enact new regulations governing cryptocurrencies, the price of Bitcoin (BTC) fell by almost 2% within an hour. But Alex Tapscott, for one, thinks it unlikely that the U.S. government…
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Digital lead for Calibra explains why Facebook has built a new programming language called Move to power the Libra blockchain. Digital lead for Calibra Ben Maurer gave a presentation on Facebook’s Move programming language at the Stanford Blockchain Conference on Feb. 19. Move was created by Facebook to provide a safe and programmable foundation for…
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