Digital Money Times

#1 Source For Bitcoin And Altcoin News

You are here: Home / Archives for Expand

Adam Back-Led Blockstream Raises $125 Million To Expand Operations

By Leave a Comment

Blockchain infrastructure firm Blockstream and its founder Adam Back, have raised $ 125 million to increase its Bitcoin (BTC) mining capacity. 

The firm raised the capital in a convertible note, a form of short-term debt led by Kingsway Capital. Cohen & Company Capital Markets, a division of J.V.B. Financial Group. The first of these companies will serve as advisors for the firm.

Bitcoin BTC BTCUSDT Chart 1

Blockstream Sees High Demand For Its Products

According to a press release, the company will use the funds to expand its facilities. The BTC mining firm wants to meet the high demand of customers for its institutional hosting services. Blockstream said:  Read more...

This is a preview of Adam Back-Led Blockstream Raises $125 Million To Expand Operations. Click Here To Read the full post

Crypto Recovery Specialist Asset Reality Raises $4.91M to Hire Engineers, Expand Ops

By Leave a Comment

The irreversibility of cryptocurrency transactions presents a unique challenge for recovering stolen assets. The seed funding round was led by Framework Ventures and other investors.
CoinDesk

Permanent link to this post (27 words, estimated 6 secs reading time)

Singapore’s Largest Bank To Expand Bitcoin, Crypto Services Amid Bear Market

By Leave a Comment

DBS Group Holdings is looking to expand its digital asset exchange to 300,000 of its wealthiest clients across Asia and build out new products.

  • DBS bank in Singapore wants to expand its digital asset offerings to more of its 300,000 users.
  • The bank is also looking to upgrade its mobile application to make the process more user-friendly.
  • DBS holds $ 488 billion in total assets as of December 31, 2021.

DBS Group Holdings, Singapore’s largest bank, is looking to expand its bitcoin and cryptocurrency services to 300,000 of its wealthiest users, per a report from the Financial Times.  Read more...

This is a preview of Singapore’s Largest Bank To Expand Bitcoin, Crypto Services Amid Bear Market. Click Here To Read the full post

Coinme and Coinstar Expand Bitcoin Kiosk Service

By Leave a Comment

Coinstar Coinme News Bit

More crypto users can now walk into their local grocery store and purchase cryptocurrencies, thanks to the expansion of a partnership between Bitcoin ATM operator Coinme and coin-cashing machine purveyor Coinstar.

The expansion, announced in a press release, means that bitcoin will be available for purchase at over 2,200 locations in 21 states and the District of Columbia. The partnership began in early 2019 and grew to offer bitcoin purchases at kiosks in 19 states in late April.  Read more...

This is a preview of Coinme and Coinstar Expand Bitcoin Kiosk Service. Click Here To Read the full post

SoaR Partners With Eleven Gaming to Expand Its Brand

By Leave a Comment

SoaR Gaming, an esports organization that fields teams across Fortnite, Call of Duty and CS:GO, announced Sunday that it has partnered with Eleven Gaming to expand its brand. A new chapter…@SoaRGaming 🚀 x @E11Gaming 👾 📰 Read More: https://t.co/IOMQpggqDP pic.twitter.com/MzwqrRd5PI — SoaR (@SoaRGaming) March 17, 2019 According to the announcement, the partnership with Eleven Gaming, […]
SludgeFeed

Permanent link to this post (58 words, estimated 14 secs reading time)

Circle Looks to Expand With $250 Million Funding Round

By Leave a Comment

Digital Currency Group-backed Circle is reportedly planning to raise $ 250 million to further expand its crypto offerings despite last year’s bearish price action. According to a recent report by The Information, which cites an individual familiar with the matter, the fundraising round will combine equity and debt financing. Circle has raised $ 246 million to date […]
SludgeFeed

Permanent link to this post (60 words, estimated 14 secs reading time)

Digibyte to Expand Its Global Reach by CoinField Exchange in over 100 Countries

By Leave a Comment

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned

The post Digibyte to Expand Its Global Reach by CoinField Exchange in over 100 Countries appeared first on CCN

CCN

Permanent link to this post (76 words, estimated 18 secs reading time)

Beyond Bitcoin: Fidelity May Expand Crypto Custody to More Assets

By Leave a Comment

The world’s fourth-largest asset manager, Fidelity, is exploring the possibility of expanding its custodian services beyond Bitcoin to other assets in the crypto market. Tom Jessop, the head of Fidelity Digital Assets, a cryptocurrency custodial service provider operated by Fidelity, said that the organization is evaluating the demand for the top five cryptocurrencies in the market

The post Beyond Bitcoin: Fidelity May Expand Crypto Custody to More Assets appeared first on CCN

CCN

Permanent link to this post (73 words, estimated 18 secs reading time)

Bitfury Acquires Minority Stake in Final Frontier, Aims To Expand Services

By Leave a Comment

bitfury frontier

The Bitfury Group has acquired a minority stake in blockchain services firm Final Frontier. Both organizations are looking to utilize each other’s knowledge and experience in the traditional and digital finance spaces to potentially release a new line of financial products and services designed to assist professional investors in getting their hands on digital assets.

“Our mission is to be the bridge for institutions from traditional finance to enter this innovative asset class,” said Final Frontier co-founder Imraan Moola in a public statement. “Bitfury’s technological expertise, combined with our financial markets know-how and track record will allow us to create unique and differentiated financial products and solutions to service our sophisticated investor base.”  Read more...

This is a preview of Bitfury Acquires Minority Stake in Final Frontier, Aims To Expand Services. Click Here To Read the full post

Top 3 South Korean Crypto Exchanges Expand Overseas

By Leave a Comment

Three of South Korea’s largest cryptocurrency exchanges are expanding overseas. Upbit has launched a Singaporean crypto exchange with 156 coins and 221 trading pairs. Coinone has established a crypto exchange in Malta while Bithumb is planning to launch a security token platform in the U.S.

Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space

Bithumb to Launch US Security Token Platform

Top Three South Korean Cryptocurrency Exchanges Expand OverseasOne of South Korea’s largest crypto exchanges by trading volume, Bithumb, announced its partnership with U.S. fintech company Seriesone on Oct. 31.

Under the agreement, “Bithumb is investing in a Seriesone entity in South Korea to scale technical development and marketing,” Seriesone detailed, elaborating:  Read more...

This is a preview of Top 3 South Korean Crypto Exchanges Expand Overseas. Click Here To Read the full post

Santander Expand XRP Adoption

By Leave a Comment

The Santander Bank chain has recently announced the expansion of its Ripple powered platform, OnePay FX for other European countries. Santander also intends to use Ripple ledger for all its payment settlements for the future.

At the recent Swell event last week, the Head of innovation at the bank, Ed Metzger spoke on the matter and said:

“We believe that financial services are moving to a world of open platforms where companies collaborate to deliver excellent customer service for their customers, and that’s at the core of what we’re doing with OnePay FX.”  Read more...

This is a preview of Santander Expand XRP Adoption. Click Here To Read the full post

Coinbase Set to Expand Its Digital Asset List

By Leave a Comment

coinbase expands digital assets

Yes, it might sound a little like a broken record, but if the Coinbase blog announcement is to be believed, the exchange will be stocking many more cryptos soon. While indisputably one of the largest crypto exchanges and trading platforms in the world, it also stocks one of the fewest selections of cryptocurrencies. Currently, just Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC), and Litecoin (LTC).

The US-based exchange has been making mentions of stocking new cryptocurrencies and tokens for some time now. In fact, as far back as July, the company announced that it was exploring adding new assets. Among them were Cardano, Basic Attention Token, Stellar Lumens, Zcash, and 0x.  Read more...

This is a preview of Coinbase Set to Expand Its Digital Asset List. Click Here To Read the full post

China Are Blocking Bitcoin As The Banks Expand To The Blockchain

By Leave a Comment

China Are Blocking Bitcoin As The Banks Expand To The Blockchain

According to reports out today, the Bank of Communications, one of the four major state banking groups in China have completed a major transaction on the blockchain, one that has seen the issue of residential mortgage backed securities (RMBSs) on a blockchain network.

The issuance of this RMBS has a value of around $ 1.3 billion according to Coindesk. The Bank of Communications is alleged to have been the main bank behind this, though some involvement may have also come from the China International Capital Corporation, the Commercial Bank of China and the China Merchants Bank.  Read more...

This is a preview of China Are Blocking Bitcoin As The Banks Expand To The Blockchain. Click Here To Read the full post

Crypto Exchange Giant Binance Outlines Plans to Expand in Africa

By Leave a Comment

Binance Labs Director Benjamin Rameau has stated that Africa is front and center of the company’s expansion strategy as it bets on a vision of the 21st century driven by the world’s youngest population gaining increased access to technology and opportunities. In June, CCN reported that Binance began actualizing its African expansion strategy when it

The post Crypto Exchange Giant Binance Outlines Plans to Expand in Africa appeared first on CCN

CCN

Permanent link to this post (73 words, estimated 18 secs reading time)

U.S. Crypto Investment Firm Attracts $22M in Series A, Looks to Expand Services

By Leave a Comment

U.S. Crypto Investment Firm Attracts $ 22M in Series A, Looks to Expand Services

Los Angeles-based cryptocurrency investment firm SFOX has raked in roughly $ 22.7 million in its Series A funding. The round was headed by venture platforms Social Capital and Tribe Capital and earned the participation of other firms like DCG, SV Angel, Blockchain Capital and Y Combinator.

SFOX caters specifically to professional traders, high net-worth individuals and institutions. As a prime dealer for cryptocurrency markets, the company provides access to global sources of trading and liquidity, real-time trading APIs, OTC desks and U2F hardware for private key management. The company’s transaction volume exceeds $ 9 billion, and its client base has grown 12-fold since January.  Read more...

This is a preview of U.S. Crypto Investment Firm Attracts $22M in Series A, Looks to Expand Services. Click Here To Read the full post

Dash Partnership to Expand into Capital Markets

By Leave a Comment

Cryptocurrency Dash has announced a partnership with Tradecore, a software company that enables brokerages to process hundreds of millions of dollars in payments and streamline on-boarding, support and marketing services. Through the partnership, financial service providers and businesses operating on capital markets will be able to send, receive and hold Dash and other major cryptocurrencies such as bitcoin and litecoin.

Tradecore provides brokerages and financial service providers with tools to grow, including client on-boarding, identity verification, proactive customer support, advanced analytical tools, and marketing automation. Due to customer demand, brokerages need to add support for digital assets, in addition to more traditionally traded assets.  Read more...

This is a preview of Dash Partnership to Expand into Capital Markets. Click Here To Read the full post

Binance Plans to Expand Into South Korea

By Leave a Comment

Binance Plans to Expand Into South Korea

Cryptocurrency exchange Binance is making plans to expand operations into South Korea, reports Business Korea.

Per the report, Binance CEO Changpeng Zhao hinted at his company’s expansion plans while speaking at the Blockchain Partners Summit in Seoul last weekend.

While South Korea is presumed to be the third-largest crypto market after the U.S. and Japan, it hasn’t been a smooth ride for the cryptocurrency exchanges operating there. Bithumb and Coinrail were hacked earlier this year, while tax authorities have raided Coinone on tax evasion allegations.  Read more...

This is a preview of Binance Plans to Expand Into South Korea. Click Here To Read the full post

FPT and Factom Announce Partnership to Expand Blockchain-as-a-Service

By Leave a Comment

FPT and Factom Announce Partnership to Expand Blockchain-as-a-Service

Austin-based blockchain-as-a-service company Factom is partnering with FPT Software, an IT services company stationed in Vietnam. The two enterprises will work with each other to develop a new blockchain technology platform through Factom Harmony — a system that creates audit records regarding data, decisions, activities and events. The purpose of the platform is to digitize and store files by utilizing simple APIs and Factom’s blockchain solutions, so information can become confirmable and auditable respectively.

Founded in 2014, Factom, Inc. specializes in designing and producing faster blockchain applications to handle large data for complex institutions. Among the organization’s clientele are the U.S. Department of Homeland Security and the Bill and Melinda Gates Foundation.  Read more...

This is a preview of FPT and Factom Announce Partnership to Expand Blockchain-as-a-Service. Click Here To Read the full post

Crypto News

Featured

Press Releases

ADVERTISEMENT

Loading data ...
Comparison
View chart compare
View table compare