Coinbase-backed Crypto Financial Startup Amber Group Raises $1B Investment Round

Coinbase-backed cryptocurrency financial services company Amber Group raise worth up $1 billion in funds, aiming at provides investors with many different cryptocurrency products for investment.

NetcoinCapital token to be listed on XT Exchange

NetcoinCapital, a blockchain-based startup from Turkey focused on building a decentralized economy, today announced it will be listed on XT exchange beginning from August 4th, 2021.  The new listiThe post NetcoinCapital token to be listed on XT Exchange appeared first on AMBCrypto.

Blockchain Intelligence Startup TRM Labs Raises $14M Investment Round from PayPal & Salesforce

San Francisco-based blockchain intelligence platform TRM Labs announced the company completes a Series A funding with a total value of $14 million on June 17.

CoinsPaid CPD Token Launch – Sharing Our Experiences, What We Do and How We Do It

In just a few short years, the CoinsPaid team has gone from a startup to the leader in iGaming payment processing.

NetcoinCapital Token to be listed on XT Exchange

[PRESS RELEASE – Please Read Disclaimer] Istanbul, Turkey, June 16, 2021– NetcoinCapital, a blockchain-based startup from Turkey focused on building a decentralized economy, today announced it will be listed on XT exchange beginning from August 4th, 2021.

Bware Labs Launches MVP of High Performance Decentralized Node Network

[PRESS RELEASE – Bucharest, Romania, 14th June 2021] Bware Labs, a startup developing a decentralized API platform that aligns incentives between end-users and node providers, has released the MVP, or functional prototype, of their platform to the public.

Bware Labs Launches MVP of High Performance Decentralized Node Network

June 14, 2021 – Bucharest, Romania Bware Labs, a startup developing a decentralized API platform that aligns incentives between end users and node providers, has released the MVP – or functional prototype – of their platform to the public.

Edtech Disruptor Studyum Launches Stage Four of IDO Pre-sale

[PRESS RELEASE – Please Read Disclaimer] Studyum, the Singapore-based blockchain-powered e-learning startup, is announcing a Stage four IDO pre-sale, beginning on the 10th of June, closing on the 15th of June.

NFT Startup Mythical Games Raises $75M From Gary Vee, Galaxy, Others

The firm, led by Activision, EA, and Oculus veterans, brings in sizable new funding funding to build out its Blankos Block Party game.

Crypto Payments App Bottlepay Is Now Available Across Europe

UK-based crypto payments provider Bottlepay has started offering services in other European countries.

Bitcoin in Your 401K: Coinbase and ForUsAll Offer New Retirement Option

Coinbase and a startup just opened the door to employees putting 401K retirement funds—which consist of trillions of dollars—into crypto.

Ripple Surges 15% Following News That It Wants To Go Public

Ripple CEO Brad Garlinghouse says that the San Francisco-based payments startup intends to go public once its legal battle with the US Securities and Exchange Commission (SEC) is settled.

This Bitcoin Startup Has an Unusual Plan to Improve Dogecoin

Crypto startup VeriBlock proposes piggybacking Dogecoin on Bitcoin, benefitting from its security while providing further justification for Bitcoin’s massive energy footprint.

Crypto Startup Reach Raises $12 Million to Build on Ethereum, Algorand

Reach aims to simplify decentralized app development across blockchain platforms.

Luis Figo and Ricardo Quaresma Join Blockchain Startup dotmoovs As Brand Ambassadors

Renowned sports personalities often find their way to innovative products, services, and technologies.

Blockchain Sports Startup dotmoovs Presents Luís Figo and Ricardo Quaresma as Brand Ambassadors

[PRESS RELEASE – Tallinn, Estonia, 25th May 2021] dotmoovs, a recently-founded startup offering a crypto-enabled grassroots sports competition app, has received support from Luís Figo and Ricardo Quaresma, both renowned professional football players, as Brand Ambassadors.

Blockchain-Enabled Sports Startup dotmoovs Presents Luís Figo and Ricardo Quaresma As Brand Ambassadors

May 25, 2021 – Tallinn, Estonia dotmoovs, a recently founded startup offering a crypto-enabled grassroots sports competition app, has received support from Luís Figo and Ricardo Quaresma, both renowned professional football players, as brand ambassadors.

Retail DeFi Startup Cryption Network Raises $1.1M in Private Round

May 25, 2021 – Tortola, British Virgin Islands Cryption Network, a user-friendly DeFi platform built for retail users, has completed its latest funding round after raising $1.1 million.

Retail DeFi Startup Cryption Network Raises $1.1M in Private Round

[PRESS RELEASE – Tortola, British Virgin Islands, 25th May 2021] Cryption Network, a user-friendly defi platform built for retail users, has completed its latest funding round after raising $1.1m.

Revuto Raises $1.7M To Deliver Subscription Payments on Cardano

May 18, 2021 – Zagreb, Croatia Blockchain startup Revuto has concluded a $1.7 million private round to support its development of a crypto subscription payment solution.

Revuto Raises 1.7M USD to Deliver Subscription Payments on Cardano

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Image May 18, 2021 – Blockchain startup Revuto has concluded a 1.7 million USD private round to support its development of a crypto subscription payment solution.

Fisker Electric Vehicle Startup Bans Bitcoin Investment

Fisker said that the company will not accept Bitcoin (BTC) as an investment due to environmental unfriendly processes used in Bitcoin mining operations.

Liberian Central Bank Asks Local Crypto Startup to Drop its Plan to Launch a Digital Asset

The Central Bank of Liberia (CBL) has warned against a local crypto startup’s plan to proceed with the introduction of a digital financial product without adhering to the required regulation.

dotmoovs Raises $840,000 to Fuel Growth of Blockchain eSports

dotmoovs, a startup dedicated to creating non-fungible tokens of athletes, has completed a private funding round of $840,000 led by several prominent figures in the blockchain industry.

DeFi Startup Votes To Fully Reimburse Hack Victims With $26,000,000 Allocation

Decentralized finance (DeFi) startup Rari Capital has voted to allocate roughly $26 million in reimbursements following a hack that cost them 2,600 ETH, or about $10 million.

Ubisoft selects blockchain startup for its Entrepreneurs Lab

The theme of the sixth annual Entrepreneurs Lab is “blockchain and positive entertainment.” Aleph.im, a blockchain-based storage and computing startup, has been selected to participate in the sixth season of Ubisoft’s Entrepreneurs Lab, offering further exposure to the emerging blockchain industry.  The French video game developer has been running Entrepreneurs Lab for the past six years, offering startups and entrepreneurs the ability to access company resources and expertise as they scale up and commercialize their products.

DeFi Startup Rari Capital Reveals Details Behind Hack That Cost $10 Million in Losses

Decentralized finance (DeFi) startup Rari Capital is revealing the details behind the attack that cost 2,600 ETH, or roughly $10 million in losses.

The First AMM, Integrated with AI-Smart Contract Generator on BSC

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Decentralized finance startup, Artichain.finance, known for being the first automated market makers (AMM) that integrated yield farming with artificial intelligence-smart contract is now running on Binance Smart Chain, with lots of other features that let you earn and win tokens. This artificial

Nuvei eyeing $250M acquisition of crypto startup Simplex

Simplex is a fiat-to-crypto onramp that has scored several high-profile partnerships in recent months.

Indian startup organization proposes regulatory framework for crypto

An internet startup association in India has asked the government to define cryptocurrencies like Bitcoin as digital assets and not currencies. IndiaTech.org, an industry association representing India’s consumer internet startups and investors, wants to provide clear definitions for the cryptocurrency industry. On Wednesday, the association released a white paper including a policy proposal with recommendations for a regulatory framework for crypto assets and crypto exchanges in India. The proposed framework suggests to define cryptocurrencies like Bitcoin (BTC) as digital assets and not currencies.

Money Lending Startup Tala Taps Visa for Stablecoin Payments

Tala aims to provide financial services to underserved communities.

Bitso reportedly becomes Latin America’s first billion-dollar crypto exchange

The startup has a total value of $2.2 billion following its latest Series C investment round.

Goldman Sachs Leads $15 Million Round for Crypto Startup Coin Metrics

The blockchain analytics firm also attracted investment from several other companies.

Revolutionary Crowdfunding Platform Tecra Space Offers Amazing Opportunities for Crypto Investors

Tecra gives you a unique chance to invest in technological projects and promising startup ideas listed on its crowdfunding platform Tecra Space.

Formation FI Closes $3.3M Strategic Sales from early DeFi UniCorns

[Press Release – Hong Kong, Hong Kong, 4th May, 2021] Formation Fi, a startup aiming to revolutionize defi portfolio construction, has completed $3.3 million in a strategic sale round.

Formation Fi Closes $3.3M Strategic Sales From Early DeFi Unicorns To Build the Smart Yield Farming 2.0 Framework

May 4, 2021 – Hong Kong, Hong Kong Formation Fi, a startup aiming to revolutionize DeFi portfolio construction, has completed $3.3 million in a strategic sale round.

Tim Draper-backed crypto derivatives exchange raises $18M

Globe Derivative Exchange prepares to launch its platform next month by raising $18 million for a token sale. A new global cryptocurrency derivatives exchange, Globe Derivative Exchange, or GlobeDX, continues preparation for the platform's launch by securing another major raise. GlobeDX announced Wednesday that the firm has successfully raised $18 million through a new funding round featuring investors like seed money startup accelerator Y Combinator and Tim Draper’s Draper Dragon fund.

Helium’s Crypto-Powered Network Adds 5G Mobile Coverage

The Google-backed startup will continue growing its low-power, distributed Internet of Things (IoT) network while also exploring this new, more powerful 5G network.

From Startup to Success Story — Morpheus.Network Is Transforming Global Trade With Blockchain

PRESS RELEASE. Blockchain-powered supply chain management platform, Morpheus.Network, has launched an updated platform, forged an Agribusiness agreement with the Argentinian government, and was a winner in the 2021 “Future of Ports” competition.

Major Changes Coming to XRP Ledger As Ripple-Backed Startup Launches Key Amendment in Beta Testnet

Ripple-backed developer XRPL Labs reveals that an amendment that will introduce a burst of new features to the XRP Ledger (XRPL) is now in beta testnet.

Here’s how Viberate plans to tokenize live performances

You might remember Viberate as the music tech startup with an incredibly successful 2017 ICO when they sold out their VIB tokens (available on Binance, Bittrex, OKEx, and Uniswap) in under five minute The post Here’s how Viberate plans to tokenize live performances appeared first on AMBCrypto.

Kenyan Fintech Startup to Use Stablecoins to Transfer Universal Basic Income Payments to African Refugees

Kotani Pay, a Kenya based digital currency on and off-ramp service provider, has entered into an agreement wherein it will enable the transfer of universal basic income (UBI) payments to African refugees.

Crypto Market Metrics: Gate.io Startup Provides Unprecedented 45,900% ROI

Everyone thinks that because Bitcoin is priced at so high per coin, there’s not much opportunity left in the cryptocurrency market.

State Street Collaborates With Pure Digital to Launch Cryptocurrency Trading Platform

State Street, one of the largest asset management firms, is collaborating with crypto startup Pure Digital to set up a cryptocurrency trading platform.

NFT Minting Costs on Ethereum ‘Too Damn High’? This Startup Has a Fix

Immutable, the developer behind NFT trading card game Gods Unchained, just launched a layer-2 protocol that promises fast, “gas-free” transactions.

Cardano’s Cfund First Capital Goes to Israeli Fintech Startup Coti

This latest move to broaden cooperation between Cardano and Coti builds upon previous collaborations as the former seeks to upgrade its payment solution on top of the former’s expanding financial infrastructure.

Dreamr Announces Platform Governance Token (DMR), Taps Delchain as Strategic Blockchain Advisor.

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Nassau, Bahamas – April 5th, 2021 Dreamr* – a social media and blockchain startup has announced today that it has tapped the respected digital asset and blockchain firm — Delchain, to advise on the launch and rollout of its Dreamr Platform Governance Token (DMR). In addition, Dreamr has also announced the

Element Raises $4.4M to Offer High Yield Crypto Loans

Element, a startup composed of DeFi vets and backed by blue chip investors, promises to make high yield crypto returns more accessible.

Swiss startup launches tokenized grain trading pilot

Tokenization of real-world commodities could drastically reduce trading costs, says one Swiss startup as it pilots a new non-fungible token system. A Swiss agricultural startup has piloted the use of a non-fungible token for cutting down the costs of trading grain.

Do Crypto Investors Need a Robo-Advisor? This Startup Bets They Do

Automated "robo-investors" have helped small investors navigate the stock market for years.

This Startup Wants to Put an NFT Gallery on Your Wall

With art collectors paying tens of millions of dollars for NFT art, suddenly there’s a desire to show off these luxury items in the comfort of their own homes.

Travel Giant Webjet (WEB:ASX) Enters Crypto through an Unprecedented $4.1M Deal with LockTrip.com

Australia-based superbrand Webjet recognizes the value potential of the blockchain startup LockTrip and joins its mission by securing the rights for up to a 51% stake in what is a unique deal for the blockchain space.

eGirls in the C-Suite: The ‘simposium’ storming crypto venture capital

What do you get when you cross a cat, a Pokemon, and an Iron Age warrior? A venture capital fund, of course! One of the toughest puzzles in crypto is figuring out what to take seriously.  On Friday, the DeFi Alliance — a decentralized finance startup incubator and accelerator — announced a list of 11 new members.

America’s Oldest Bank, BNY Mellon, Investing Millions in Crypto Custody Startup

Bank of New York Mellon Corporation is investing in Fireblocks, a platform that allows banks, exchanges, fintech companies, and other financial institutions to store, move and issue crypto assets.

Serena Williams Headlines $5,000,000 Investment in Bitcoin Rewards Startup Lolli

Tennis pro Serena Williams is investing in Lolli, a rewards app that allows people to earn Bitcoin (BTC) when they shop online.

Ex-Coinbase Director Launches Crypto Fraud Prevention Startup Sardine

Led by Coinbase alum Soups Ranjan, Sardine aims to help crypto and fintech startups battle fraud.

Xend Finance is Bringing DeFi Services to Africa

The Nigerian startup is using Binance Smart Chain to provide a platform for credit unions and cooperatives to allow their members to use decentralized finance services.

Why This Bitcoin-Believing Startup Bets on Facebook's Diem Instead

While the eyes of many are on major crypto networks like Bitcoin (BTC) and Ethereum (ETH) (and NFTs, of course), financial service provider First Digital Asset Group (FDAG) together with their investors are betting on more centralized, Facebook-backed Diem (formerly - Libra) stablecoin.

BNY Mellon invests in crypto-custody startup Fireblocks

The crypto-ecosystem has been evolving at a rapid pace lately, with many new entrants trying to bring innovative products to the space.

NFT Startup OpenSea Raises $23M Series A

The funding round is led by Andreessen Horowitz.

Fireblocks crypto startup raises $133M in funding round with BNY Mellon

BNY Mellon, the oldest bank in the United States, continues to aggressively invest in the digital asset industry. According to a March 18 report by the Wall Street Journal, cryptocurrency startup Fireblocks has raised $133 million in a Series C funding round featuring BNY Mellon as well as hedge-fund firm Coatue Management, venture-capital firm Ribbit Capital, and Stripes. BNY Mellon’s strategic investment in Fireblocks is reportedly part of the bank’s plans to implement Fireblocks’s technology in its upcoming crypto custody platform.

Gaming Startup Lepricon Seeks to Drive Mass Adoption of Blockchain Technology

The token economy is exploding, as is decentralized finance.

St. Patrick’s Day is Uniswap Day for Gaming Startup, Lepricon

There is a new game in town, and it seems to have the luck of the Irish, especially as they will list their token on Uniswap on St.

Smart Blockchain Investments With UGPay Group AG — Review on the Project and Its Opportunities

The best moment to invest in a startup could be caught at the very beginning of its launch.

Physical Bitcoin Notes Could Be Around The Corner

A physical Bitcoin may be on its way thanks to Noteworthy, a startup focused on creating top-of-the line, bitcoin-backed notes.

Ripple Chief Says SEC’s Lawsuit Misguided, XRP Trading Can’t Be Stopped

Ripple CEO Brad Garlinghouse says the US Securities and Exchange Commission’s (SEC) allegations that the payments startup participated in an illegal securities offering is misguided.

Komainu closes $25 million in Series A fundraising, to expand institutional custody services

Regulated digital asset custody startup Komainu closed a $25 million Series A fundraising led by Alan Howard of Elwood Asset Management, with additional participants such as Galaxy Digital, NOIA Capit The post Komainu closes $25 million in Series A fundraising, to expand institutional custody services appeared first on AMBCrypto.

PayPal Officially Confirms that It is Acquiring Crypto Custody Firm Curv

PayPal Inc. has officially confirmed its plans to acquire the crypto startup company Curv.

Elissa Shevinsky joins Cointelegraph as chief technology officer

The former head of product at Brave looks to drive the crypto media platform's evolution. Cointelegraph, the world’s foremost blockchain-focused media platform, is pleased to announce that tech veteran Elissa Beth Shevinsky has joined the company as chief technology officer. Shevinsky began her Bitcoin (BTC) journey in 2013, selling shirts for BTC as part of a fundraising campaign for her encrypted messaging startup, Glimpse, but her career in software began earlier — as employee number 33 at Everyday Health, which went public in 2014.

PayPal to acquire crypto asset security firm Curv

Payments giant PayPal Holdings Inc. announced its intention to acquire Tel-Aviv crypto-focused startup, Curv.

Pilot Using XRP To Settle Corporate Debts and Credits in Japan Hits New Milestone

Japanese financial giant SBI Holdings and crypto startup FXcoin Ltd.

Argentinean Startup Accelerator Launches Crypto Mining Farm in Mar Del Plata

The Technological District of Mar del Plata, Argentina, will host a massive crypto mining operation backed by a domestic startup accelerator.

Thailand’s largest movie theater chain accepts Bitcoin

Major Cineplex Group is starting to accept Bitcoin as part of a crypto pilot project. Major Cineplex Group, the largest operator of movie theaters in Thailand, has reportedly enabled some of its customers to buy tickets with cryptocurrencies like Bitcoin (BTC). According to a Thursday report by local news agency Siam Rath, Major Cineplex has announced the launch of its cryptocurrency payment pilot project in a move to support innovation and new technologies. In order to unlock the new payment option, the company has partnered with local crypto exchange Zipmex and lo digital payment startup RapidZ. Major Cineplex debuted the new feature at Bangkok’s Major Cineplex Ratchayothin movie theater on March 4, allowing customers to buy tickets with Bitcoin via RapidZ by scanning a QR code.

Crypto Tax Compliance Startup Taxbit Raises $100 Million, Targets International Expansion

US crypto tax compliance startup Taxbit has raised $100 million in a Series A funding round led by investment firms Paradigm and Tiger Global.

PayPal in Talks To Buy Crypto Storage Startup Curv for Around $500 Million, Reports

According to several reports, PayPal wants to go one step further on its crypto services, and is buying a crypto storage startup for $500 Million.

US crypto tax startup TaxBit to channel $100M raise into UK expansion

Utah-based startup TaxBit prepares to provide global crypto-oriented tax expertise with a newly raised $100 million. Major cryptocurrency tax compliance startup TaxBit has raised $100 million as it expands into Europe. According to a March 3 blog post, TaxBit has secured the funds in Series A round led by Paradigm and Tiger Capital.

Sports Token Startup Chiliz Invests $50 Million in US Expansion

CEO Alexandre Dreyfus outlines ambitious plans for a five-fold increase in fan tokens in 2021. 

Sensitrust Rewards Liquidity Providers via GYSR.io Following Uniswap Listing

[PRESS RELEASE – Please Read Disclaimer] Sensitrust LTD is a hi-tech startup incorporated in the United Kingdom, that is implementing an online platform where customers and professionals get in touch, strengthen their network, make deals, and design new projects, in a totally remote environment.

Defi on Bitcoin Cash Gets a Boost- Smart Money Startup General Protocols Raises $3 Million from Investors

On March 1, the startup General Protocols announced the company has raised $3 million in a Series A financing round led by a number of strategic investors.

After XRP and Litecoin, Flare Plans To Bring Smart Contract Functionality to Stellar

Ripple-backed blockchain startup Flare Networks is announcing its plans to integrate Stellar Lumens (XLM) into its smart contract platform.

Blockchain soccer gaming startup Sorare raises $50M

Sorare has raised $50 million in a Series A round, bringing its total funding to $60 million. Sorare, a major blockchain-based soccer gaming platform, has raised $50 million from high-profile investors backing major companies like Twitter, Instagram and Discord The fresh Series A round brings Sorare’s total funding to $60 million, the company told Cointelegraph Thursday. The funding round was led by Benchmark, an investment giant famous for funding companies like Twitter, Uber and Snap.

Bitcoin Startup BottlePay Raises $15 Million in Seed Funding

Bottlepay, a Bitcoin wallet and payments app, has raised £11 million ($15 million) in a seed funding round.

Stablecoin RAI launches, a pure, decentralized alternative for DeFi

The RAI stablecoin will attempt to bring stability to DeFi markets with the long-term goal of becoming a stable global reserve asset not tied to any nation’s currency. New Ethereum-backed stablecoin RAI hopes to be the savior of the DeFi sector by providing a truly decentralized stablecoin alternative.  Developed by blockchain startup Reflexer Labs, RAI is not pegged to any fiat currency and its monetary policy is managed by an on-chain, autonomous controller.

Enterprise blockchain of today: While some fail, others show potential value

Enterprise blockchain startup Insolar ceases operations, but what went wrong? While the price of Bitcoin (BTC) continues to reach record-breaking all-time highs, the hype around enterprise blockchain adoption may seem like it’s dwindling.  Enterprise blockchain started gaining traction in 2017 when Bitcoin’s price hit a high of nearly $20,000.

The Bahamas gets a card for its sand dollar national digital currency

The Central Bank of the Bahamas partnered with Mastercard and digital payment startup Island Pay to launch a card for its central bank digital currency. The Bahamas is moving to make its national digital currency more accessible by launching a prepaid card for the “sand dollar.” The Central Bank of The Bahamas has partnered with global payment giant Mastercard and local payment startup Island Pay to create a card that supports the sand dollar central bank digital currency. According to a Wednesday announcement, the card is running under a new program from Mastercard and Island Pay, allowing users to convert the digital currency to traditional Bahamian dollars and pay for goods and services.

Crypto Wallet Startup Blockchain.com Raises $120M From Investors Including Google Ventures

Blockchain.com said the institutional backing will power an increasingly institutional-minded business.

Celsius Network, Argo Blockchain Back Pre-Seed Round for Bitcoin Mining Startup

Luxor Technologies will use the funds to expand its hashrate and hire more engineers.

Why your startup can benefit by copying Tesla and MicroStrategy

Leo Polovets of Susaventures mentioned in a curious tweet today that he increasingly feels that startups would benefit from copying Tesla and MicroStrategy by putting a fraction of their cash into Bit The post Why your startup can benefit by copying Tesla and MicroStrategy appeared first on AMBCrypto.

Bitcoin Bull Market Sentiment Is Sparking New Blockchain Startup Deals

The evolving and promising blockchain applications are emerging in parallel to technological advancements, enhancing customer experience and utilizing digital assets.

Payments Startup Celo Raises $20M From a16z, Electric Capital

Celo offers a blockchain payments platform using customers' cellphone numbers to secure their public keys.

7 Challenges Facing Fintech Startup and Their Solutions

The text below is an advertorial article that was not written by Cryptonews.com journalists. FinTech startups seek to provide the consumer as well as businesses varied options when it comes to money management.

Growing list of billion-dollar crypto ‘unicorns’ suggest the best is yet to come

More than 53 blockchain projects have emerged as multi-billion dollar market cap crypto unicorns, a signal that the 2021 bull market is just getting started. In the traditional investing world ‘unicorn’ is a term used by venture capitalists to describe a privately held startup valued at more than $1 billion.  Typically these startups have strong fundamentals and oftentimes a first-mover advantage that helps them rapidly rise in value to become prized investment opportunities for yield-seeking funds.

You Can Soon Win Bitcoin by Playing Counter-Strike

Crypto startup ZEBEDEE will roll out CS:GO servers that let players of Valve’s popular PC shooter win BTC through competition.

Crypto Startup Metal Pay Files for National Bank Charter

Metal Pay's "First Blockchain Bank and Trust" would be FDIC-insured, CEO Marshall Hayner told CoinDesk.

Bitcoin Startup Casa Raises $4M Led by Fidelity-Linked Avon Ventures

Coinbase Ventures also joined the round.

NFT Marketplace Rarible Closes $1.75M Seed Raise From 1kx, Coinbase Ventures

The startup will use the funds to build a DAO governance structure.

Visa reaffirms commitment to crypto payments & fiat on-ramps

The payments giant is bullish on stablecoins, but may be overlooking the potential of DeFi During the Visa Q1 earnings call on Thursday, chairman and CEO Al Kelly devoted a portion of his comments to reaffirming the financial giant’s commitment to crypto payments and onramps, as well as explaining “how Visa thinks about crypto in general and our approach.” The financial services firm with over $72 billion in assets as of 2019 has been aggressively pursing crypto payments as of late, including by way of partnerships enabling crypto debit cards, and investing Zap, a crypto payments startup.

Crypto Exchange Operator Affiliate to Launch Blockchain Genome Platform

An affiliate of the Japanese crypto player and securities giant Monex Group is set to make use of a new blockchain technology-based platform as part of an ambitious genome research project. Per a press release, Genex, a Tokyo-based startup founded last year that is 40% owned by Monex, is looking to build a comprehensive health platform using blockchain technology.

FINDORA Research Foundation Grants 2 Million to LZMicro

[PRESS RELEASE – Please Read Disclaimer] FINDORA announced the investment in the startup LZMicro in the amount of two million US dollars, as part of its strategic investment to achieve the expansion of its fast-growing ecosystem.

DeFi Exchange Startup dYdX Raises $10 Million in Series B

Three Arrows Capital and DeFiance Capital led the round.