Monday, September 21, 2020
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Indian Crypto Exchange CoinDCX Secures Additional $2.5M Investment

CoinDCX, India’s largest cryptocurrency exchange, announced that it had raised $2.5 million from investors including Polychain Capital and Coinbase Ventures, the investment arm of crypto exchange Coinbase.The investment comes shortly after the exchange’s Series A funding round in March, in which CoinCDX secured $3 million from Bain Capital, Polychain and

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Jack Dorsey-backed Lightning Labs Secures $10M to Create Visa Network for Bitcoin

CEO Lightning Labs Elizabeth Stark announced that the company has raised $10 million to further develop their project and scale the developer ecosystem. The tech company also launched its flagship product Beta Loop after a series of testing.Through a medium blog post, Lightning Labs CEO and Co-founder Elizabeth Stark announced

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Lightning Labs Secures $10M in Investments, Releases Beta of First Paid Product

Lightning Labs, the developer of the high-speed transaction protocol Lightning Network (LN), has secured $10 million in Series A funding round.The news was announced by Lightning Labs CEO and co-founder, Elizabeth Stark, in a blog post on Feb. 5. The company plans to allocate the raised funds to further

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Bittrex Secures $300 Million Insurance for Cryptocurrencies in Cold Storage

Cryptocurrency exchange Bittrex obtained $300 million in digital asset insurance against theft or collusion for the cryptocurrency it holds in cold storage.Bittrex announced in a blog post on Jan. 29 that the exchange obtained specialty insurance for corporations by insurance firm Lloyd’s of London after working with major insurance

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Huobi Japan Secures Around USD 4.6 Million with Announcement of Stock Issuance

Huobi Japan announces plans to raise approximately JPY 500 Million (USD 4.6 Million) in new funding. The funding was raised by issuing new stocks to the Tokai Tokyo Financial Holdings (TTFH) through private placement. The stock issuance is set for Q1 2020. TTFH is a comprehensive securities firm that provides financial services such

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SEC-Licensed Broker-Dealer BitOoda Secures $7M Seed Funding

United States-based cryptocurrency brokerage BitOoda has secured $7 million funding from major investors including former senior investment exec at JPMorgan.Founded in 2017, BitOoda positions itself as a digital asset financial services platform that combines digital finance and applied science.Investors are former execs from British Petroleum, JPMorgan and S&P Global

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Coinbase Secures Patent for Bitcoin Transactions via Email Addresses

The CEO of one of the most popular cryptocurrency exchanges Coinbase, Brian Armstrong, has recently been granted a patent which will allow consumers to trade Bitcoin through email, according to the United States Patent and Trademark Office (USPTO).The cryptocurrency patent, which was granted in the U.S., portrays a digital system

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