Blockchain technology

Crypto Platform Abra Raises $55 Million in its…

Abra, the crypto wealth management firm, has announced that it has raised $55 million in its Series C funding round that was led by IGNIA and Blockchain Capital and other investors included Kingway Capital and…

Zip Adds Crypto Trading and Allows Merchants to…

Zip, the Australia-based buy-now-pay-later (BNPL) platform, has announced that it would be introducing crypto trading on its platform shortly and also would be allowing merchants to begin accepting payments in bitcoin. This adds to the…

Bitcoin

MicroStrategy buys additional 5,050 bitcoins, now owns $5.25…

Virginia-based enterprise software company, MicroStrategy Inc, on Tuesday said that it has purchased additional 5,050 bitcoins for around $243 million in cash. The average purchase price of its latest transaction is $48,099 apiece, including fees…

Coinbase plans to sell $1.5 billion of corporate…

Coinbase Global Inc (COIN.O) said it intends to raise an extra $1.5 billion through a private debt offering. The cryptocurrency platform, which is listed on the Nasdaq exchange, will sell so-called senior notes, which will…

CBDCs Risk Being Too Late to The Party:…

Benoît Cœuré, head of the BIS Innovation Hub, seems to be worried with the accelerating adoption of stablecoins, digital assets, and the incursion of Big Tech into finance. In the face of those challenges, Mr.…

Coinbase Launches ETH2 Staking for UK Customers

Coinbase has announced staking rewards with ETH2 for its UK-based customers, with a waiting list for the launched product ahead of its roll out in the near future. ETH2 is the upgraded version of Ethereum…