PayPal may mint stablecoin, putting pressure on feds
/
The payments giant confirmed on Friday that it’s looking to develop a stablecoin, a kind of cryptocurrency backed by the U.S. dollar.
Read More
Fintech News Stories
Is Anchorage Digital the gateway for a Web3 boom
/
Crypto bank Anchorage secured $350M in Series D funding at a $3B valuation. Led by KKR, the latest round brings large institutions like Goldman Sachs and BlackRock on board for strategic growth.
Read MoreCoinMarketCap, Coinbase list Bitcoin in the billions, bringing panic (and some trolling)
/
Due to a technical glitch, data provider CoinMarketCap and crypto trading site Coinbase wildly overinflated cryptocurrency values, listing Bitcoin as high as $789B.
Read MoreSquare changes corporate name to Block, suggesting new product roadmap
/
In a not-so-subtle nod to crypto and blockchain, payments company Square, which is led by Twitter co-founder Jack Dorsey, changed its corporate name to Block this week.
Read MoreMeta’s David Marcus departs firm, adding uncertainty to digital currency plans
/
Payments executive David Marcus, a co-creator of Meta’s yet-to-be-launched Diem cryptocurrency, announced he is leaving the company at the end of the year.
Read MoreBitcoin rebounds after a post-Omicron dip
/
Bitcoin’s value appears to be following the trajectory of the broader market in response to news of the new Omicron coronavirus variant.
Read MoreBitcoin surges as inflation hits 30-year high
/
Amid an inflation report that showed the consumer price index jumping 6.2% compared to one year ago – the fastest year-over-year jump since 1990 – the value of Bitcoin hit $68,950 on Wednesday before falling back. Meanwhile, Etherum soared past $4,800.
Read MoreEthereum surges to all-time high as decentralized finance builds momentum
/
Ethereum, the world’s second-largest digital coin, grew in value more than 4% to more than $4,700 Monday, an all-time high.
Read MoreRevolut wants to build a crypto exchange
/
Digital banking fintech Revolut is looking for a tech lead to build a crypto exchange, according to a recent job posting on LinkedIn.
Read More
Patreon is considering adding non-traditional payments to content creators
/
Patreon, a subscription platform that allows fans to pay content creators, is considering adding non-fiat payments – including crypto payments – to grow revenue.
Read MoreValkyrie files paperwork with SEC for leveraged bitcoin futures ETF
/
Valkyrie Investments, a company that describes itself as a specialized alternative asset management firm “at the intersection of traditional finance and the emerging cryptocurrency sector” has filed with the Securities and Exchange Commission (SEC) for a leveraged bitcoin exchange-traded fund (ETF).
Read MoreMastercard to allow partner banks and merchants to support payments with crypto
/
Payments giant Mastercard is partnering with crypto technology firm Bakkt to allow partner merchants, fintechs, and banks to accept cryptocurrencies at the point of sale.
Read MoreFree crypto for your data: Worldcoin wants to scan your eyes
/
Worldcoin, a new startup that’s attracted $25M in funding from big-name investors including Andreessen Horowitz, Coinbase and LinkedIn co-founder Reid Hoffman is offering users free crypto if they confirm their identities by taking an iris scan.
Read MoreAt launch, ProShares bitcoin futures ETF is ‘second highest traded fund ever’
/
In a significant milestone for the crypto industry, the first bitcoin futures exchange-traded fund (ETF) launched this week as the “second most heavily traded fund,” a move that sent the value of the digital currency to an all-time high at about $65,000.
Read More
