Wednesday, August 12, 2020
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ShapeShift Acquires Non-Custodial Wallet Provider to Expand User Access to DeFi

Cryptocurrency exchange ShapeShift has acquired Israeli non-custodial wallet provider Portis.Founded in 2018, Portis is a non-custodial software wallet that was first integrated into ShapeShift last November as part of the exchange’s pursuit of self-custody solutions that don’t require traders to use a hardware wallet. Speaking to Cointelegraph on April 15,

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Bitcoin Going Industrial: New York-Based Natural Gas Provider Sells Fully Compliant ‘Hashpower Contract’

During the first week of March, news.Bitcoin.com reported on a $65 million investment into the ‘behind-the-meter’ bitcoin mining operation, Greenidge Generation LLC in Dresden, New York. The Greenidge plant operates 7,000 bitcoin miners and on April 8, the firm revealed the sale of 106 petahash of hashpower to an undisclosed

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Payment Provider NetCents Readies Cryptocurrency Credit Card for Launch

Canadian cryptocurrency payments provider, NetCents, has completed the technical integration of its consumer credit card into its proprietary ecosystem. NetCents announced March 20 that it had begun edge-case scenario testing in real-world environments in order to ready the card for launch.Not like other crypto credit cardsThe NetCents credit card

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Moonshots Capital, DCG, Tezos Back $2.5M Fundraise for Crypto Software Provider

Crypto software firm Zabo, which claims it can connect bank accounts directly to cryptocurrency wallets, raised $2.5 million to build out its engineering team and add new customers.The Dallas-based firm announced Thursday it had successfully completed a funding round, with participation from Castle Island Ventures, the Tezos Foundation, CoinShares and

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ICE Snaps Up Loyalty Program Provider Bridge2 to Boost Bakkt’s Consumer Play

Intercontinental Exchange (ICE), the bitcoin warehouse’s parent company, announced Wednesday it had agreed to acquire Bridge2 Solutions, a loyalty solution provider for both merchants and consumers. Bakkt, in turn, will use its funds from its ongoing Series B fundraising round to acquire Bridge2 and apply its tools to its consumer

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