Home > Receives

Overstock’s Blockchain Arm Receives $5 Mln From Chinese Firm Following Delays

Overstock’s blockchain subsidiary tZero has finally secured a $5 million investment from Chinese investment firm GSR Capital, Overstock announced on its latest earnings conference call on May  9.Following an investment in cash and marketable securities, Overstock evaluated tZero's worth at $1 billion, which is $500 million less than the

Read More

European Bitcoin Brokerage Bitpanda Receives EU Payment Service Provider License

Bitpanda, the Vienna-based Bitcoin broker, has received the Payments Services Directive 2 (PSD2) license from Austrian financial regulators in accordance with European law. The license allows the company to offer more financial products and services that bridge the gap between the emerging digital assets landscape and mainstream financial markets. Austrian Regulators

Read More

SBI Holdings: Ripple-Powered MoneyTap Receives Investing from 13 Leading Banks

Ripple is receiving investments from 13 banks into its MoneyTap App, which handles money transfers between banks as well as between individuals via smartphones. The app does not use XRP, but employs xCurrent for powering payments.It seems that the crypto community is no longer surprised by Ripple‘s efforts to promote

Read More

VanEck’s Bitcoin (BTC) ETF Receives Scathing Comments, What’s The Deal?

Bitcoin Has No “Intrinsic Value”: American Investors Weigh In Since a Bitcoin exchange-traded fund (ETF) was proposed in the U.S. markets, pundits have lauded it as the single thing that could bring the cryptocurrency market from “immature” to “mature.” Others have also touted such a vehicle as the rocketship that would

Read More

Blockchain Startup Bison Trails Receives $5.25 Mln Investment Backed by Galaxy Digital

New blockchain startup Bison Trails has received an investment of $5.25 million in a seed round backed by Mike Novogratz’s crypto merchant bank Galaxy Digital. The firm announced the fundraising in a Medium post on March 15.Led by two early stage venture capital firms Initialized Capital and Accomplice, the

Read More

Previously Hacked Gatecoin Exchange Receives Liquidation Order Following Banking Problems

Gatecoin, a crypto exchange that was hacked in May 2016, has announced on March 13 that it has received a winding up (compulsory liquidation) order from an unspecified court.The company wrote that Gatecoin will have to cease operation with immediate effect, noting that the exchange will assist in the

Read More

Vonage Subsidiary Receives Patent to Secure Voice Communications With Blockchain

A telecoms firm owned by American cloud communications company Vonage has been awarded a patent for using blockchain technology to secure communications and recordings. The patent was published by the United States Patent and Trademark Office on March 12.NewVoiceMedia, Ltd. — a cloud service company based in Basingstoke, England —

Read More

Derivatives Giant Fidelity Investments Receives and Passes on the Lightning Torch

Financial derivatives giant Fidelity Investments received and passed on the Lightning Torch, as revealed by tweet by the company sent on Feb. 22.Just like the Olympic torch, the Lightning Torch is being passed between members of the Lightning Network community. The trend first reportedly started when Twitter user and Bitcoin

Read More