Blockstream secures $210M debt funding for Bitcoin layer-2 strategy

The partnership will help Palau be climate-friendly while enhancing its cross-border payments and digital currency technologies. 1977 Total views 4 Total shares Ripple, the digital payment network, has partnered with the Republic of Palau to help the Pacific island nation develop its own digital currency.The initial focus of the partnership will see the development of…

The five applications suggest the social media firm may use its namesake in a payments processing platform called Meta Pay. 108 Total views 2 Total shares Social media giant Facebook's parent company, Meta, may be planning to launch a payments platform with support for cryptocurrency. According to records submitted to the United States Patent and Trademark…

The company behind major cryptocurrency exchange Huobi has created a Communist Party branch as part of its obligations to the Chinese state, the company’s U.S.-based subsidiary Huobi Info confirmed Nov. 16.Singapore-based Huobi, which was founded in China and has sought considerable international expansion this year, has appeared to opt for “closer ties” with the government.…

The company said some of the funds would be used to open new offices in the United States and the United Kingdom. 37 Total views 11 Total shares Already classified as a unicorn startup, United States-based cryptocurrency tax software developer TaxBit now has a valuation of more than $1.3 billion after a recent funding round.According…

The United States IRS agency has announced a bounty of up to $625k to anyone who can crack Monero’s privacy. The United States Internal Revenue Services (IRS) has offered a bounty of up to $625,000 to anyone who can break purportedly untraceable privacy coins like Monero (XMR) as well as trace transactions on Bitcoin’s (BTC)…

“All the Ethereum killers from back in the day didn't succeed, and I don't expect them to succeed at all,” Blockdaemon’s Ethereum lead told Cointelegraph. 36 Total views 2 Total shares Blockdaemon’s ETH ecosystem lead Freddy Zwanzger believes Ethereum will retain its leadership position in the crypto ecosystem over the coming years due to its…

Larry Fink said he was fascinated with the media hype surrounding Bitcoin but expressed concerns about the crypto asset's volatility and market size. 962 Total views 6 Total shares Just one week after asset manager Blackrock appeared to be preparing to invest in Bitcoin futures, CEO Larry Fink has some mixed messages on crypto.In an…

Disney’s CEO said the company doesn’t tend to use the word metaverse, as it believes it’s a very broad term. 92 Total views 2 Total shares During a Wall Street Journal event, Microsoft gaming chief Phil Spencer and Snap CEO Evan Spiegel revealed that they are not big fans of the metaverse in its current…

Wells Fargo Strategic Capital, the venture arm of the fourth-largest bank in the U.S., is contributing $5 million to Elliptic’s Series B funding round. According to a Feb. 13 press release, the investment will help the company build products for large financial institutions.The latest investment brings Elliptic’s Series B raise to more than $28 million.…