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Cryptocurrencies

DeFi Protocol Startup Teller Raises $1 Million

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...

Chainalysis Announces Expansion of Series B to $49 Million

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....

Celsius Looking to Raise $15 Million from BnkToTheFuture Community, Not VCs

Under normal circumstances, a FinTech startup looking to grow would solicit various venture capital (VC) firms in the hope of finding investors. This is something we've seen a lot of lately, such as the crypto trading platform FalconX recently raising $17 million. However, just as cryptocurrencies boast a decentralized financial...

Gemini Crypto Exchange Support Added to Samsung Blockchain Wallet

Over the past few months, electronics giant Samsung has quietly become a significant cryptocurrency supporter. This most notably includes the launch of the Samsung Blockchain Wallet, which is available on newer model Samsung Galaxy devices. This week the company took that product to the next level, announcing that the Samsung...

Crypto Trading Platform FalconX Raises $17 Million

Even amid continued lockdowns and economic struggles, the cryptocurrency market has been having a pretty big month. Not only has the price of Bitcoin risen to more than $9,300 but the latest "halvening" also recently occurred as the most famous crypto asset, Bitcoin, continues on towards its 21 million coin...

Uphold Introduces Stablecoin Center, Adds Support for Tether and More

As the concept of cryptocurrencies has crept into the mainstream, it's come with concerns from outsiders. In addition to regulators who worry about market manipulation and money laundering, there have also been investors who fret over the severe volatility of such assets. Look no further than the famous Bitcoin run...

Fold Unveils New Bitcoin Rewards Visa Card

Despite the best efforts of FinTechs like Robinhood and Square, cryptocurrencies remain fairly esoteric in nature. However another company looking to change that is Fold — an app that uses Bitcoins as cash back rewards. Now the firm is taking that mission to the next level with the help of...

Crypto.com Partnering with Three Crypto Tax Providers

Just because Tax Day has officially been moved to July 15th doesn't mean that individuals don't need to be thinking about their 2019 returns. Moreover, with the Internal Revenue Service (IRS) taking an enhanced interest in cryptocurrency capital gains in recent months, it would behoove crypto holders to make sure...