Company Likely to Compete With Ripple & XRP Bags $31 Million 14
Last week, Lightnet, a financial technology startup dabbling in blockchain technology (just like Ripple) that is based in Thailand, revealed that it had raised $31.2 million in a Series A round. Per an announcement from the company shared on Yahoo Finance, the Bangkok-headquartered firm received funding from UOB Venture Management,...
Could Bitcoin Cash Surpass BTC? Roger Ver Thinks It Can Happen 15
BCH to Pass Bitcoin’s Market Cap? Speaking with Forbes, Roger Ver, early Bitcoin adopter and long-time libertarian, said that he thinks that Bitcoin Cash (BCH) will eventually surpass BTC in terms of market capitalization, claiming that eventually, the latter cryptocurrency will only be seen as a speculative asset. Backing this...
Crypto Community Reacts to Ripple CEO's Hint at Company IPO 18
Yesterday, it was revealed that the chief executive of Ripple Labs, Brad Garlinghouse, made a massive announcement during an event surrounding the World Economic Forum of 2020 in Davos, Switzerland. At the Wall Street Journal event, Garlinghouse said that he believes in the next 12 months, “you’ll see initial public offerings...
Crypto Crisis: PayPal Might Pull Out of Libra After Meeting Debacle 19
Since it was unveiled in June of 2019, the Libra Association has been fielding criticism from the world’s governments and central banks. Key monetary authorities and political pundits from the United States to China have made comments about the Facebook-backed project, often criticizing the risks the stablecoin crypto asset poses...
Crypto Execs Expect Further Altcoin Recovery: Bloomberg 20
Altcoins Could Recover Further After months of bleeding out, altcoins have recently started to mount a comeback. Led by Ethereum and XRP, a multitude of non-Bitcoin crypto assets have managed to gain at least 5% in the past week, as BTC has posted a 3% loss. This has resulted in...
Blockchain
Leading crypto financial service provider Blockchain.com is mulling an IPO listing later this year, according to Bloomberg  The Miami-based crypto company is currently valued at $14 billion.  Leading cryptocurrency exchange and wallet service provider Blockchain.com is contemplating a public listing this year, according to a recent Bloomberg report.  Blockchain.Com Mulls...
Crypto Giant Coinbase Criticized as it Looks to Support Altcoins: Why So? 22
Coinbase to Add Altcoins, Sees Criticism from Crypto Community Coinbase has long been an integral part of the crypto industry. Launched in 2012, the exchange and infrastructure provider has become a way for hundreds of thousands, even millions, to interact with the ecosystems of Bitcoin and other digital assets. But,...
Crypto Not a Dying Trend: Fintech Upstart Adds BTC, ETH, LTC Support 23
Crypto Supported by Finance Firms Revealed by Fortune on Wednesday, in-house crypto trading will soon be offered to clients of SoFi, a San Francisco-based fintech startup “best known for refinancing student loans”. Per an exclusive from Fortune, SoFi’s Invest platform will offer the trading of Bitcoin, Ethereum, and Litecoin after months...