Visa's Fast Track program has found its newest participant: blockchain card issuer Ternio. By partnering with Visa, Ternio says it will be able to make it even easier for other FinTechs to introduce "crypto-friendly payment experiences." This is to say that customers will be able to manage and even earn...
Square has just made a major investment in cryptocurrency. The Jack Dorsey-led FinTech announced this week that it had purchased 4,709 Bitcoins. With a total price tag of $50 million (which amounts to approximately 1% of Square’s total assets as of the end Q2), this means that the company paid...
Taxpayers who hold, exchange, and transact cryptocurrencies will soon have one fewer excuses for not reporting these activities to the Internal Revenue Services (IRS). According to the Wall Street Journal, the new Form 1040 for the 2020 tax will make it harder to ignore a question about cryptocurrency assets. Now,...
Even as most laymen are still wrapping their heads around the basic concept of cryptocurrencies, investors are already taking the possibilities to the next level. One example of this is crypto derivatives, which have gained popularity as of late despite some risks and limitations that the current trading platforms hold....
Ever since cryptocurrencies have crept into the mainstream, startups have been finding unique ways to leverage these assets and make them attractive to customers. In 2018, Celsius Network did just that with their HODL & Earn program, which manages more than $1 billion in crypto assets today. Now, Celsius customers...
Just as the FinTech market has been ripe for investment even throughout the pandemic, cryptocurrency-centric startups have also gotten a fair share of attention. Among some recent fundraising efforts are DeFi's $1 million seed round, Chainalysis' $49 million Series B, and the more than $15 million in investments that Celsius...
You may not have heard of the startup Teller just yet but it seems they won't be silent much longer. Having recently participated in A16z's Crypto Startup School, the company is looking to disrupt both the decentralized finance (DeFi) and lending markets — and will now have some venture capital...
The blockchain analysis company cleverly named Chainalysis has just upped its latest funding effort. Originally announced last year as a $36 million round with participation from Accel, Benchmark, MUFG, and Sozo Ventures, Chainalysis has now expanded the Series B by $13 million. The additional investments come from Ribbit Capital and Sound Ventures....