Nasdaq-listed crypto exchange Coinbase now allows customers in the U.S. to buy cryptocurrencies using PayPal. The development means debit cards and bank accounts linked to PayPal can now be used to buy crypto on Coinbase. PayPal-linked credit cards and e-checks cannot be used, said Coinbase. Until n...
On Thursday, financial services firm Fidelity Investments announced SherlockSM, a digital asset data and analytics tool geared toward institutional investors. Users can see data from blockchain, development ecosystem, market, and social media, then use this information for modeling and back-testing ...
German stock exchange operator Deutsche Borse and Commerzbank, the lender, have invested in a new fintech firm named 360X that aims to create digital asset marketplaces. Deutsche Borse has invested €10 million for a stake of nearly 50% in 360X’s holding company, while Commerzbank holds a significant...
"You have to make hay while the sun is shining." Chad Cascarilla, CEO and founder of Paxos, has had a lot of time to think about hay while staying in rural, upstate New York during the coronavirus pandemic.  He used the analogy to describe why his firm has raised a $300 million Series D fundraising ...
During a press conference on Wednesday, Jerome Powell, chairman of the Federal Reserve, gave his thoughts on the wilder elements of U.S. markets. His remarks came in response to a question from Yahoo Finance's Brian Cheung regarding potential concerns about financial stability related to trading in ...
The European Investment Bank (EIB), the European Union’s lending arm, announced Wednesday that it issued its first-ever bond on the Ethereum blockchain.  The bond, issued yesterday, is worth €100 million ($121 million) and will mature on April 28, 2023. Money from underwriters — those assuming risk ...
Germany's Federal Financial Supervisory Authority, or BaFin, said in a translated version of a notice published Wednesday that it "has reasonable grounds for suspecting" that crypto exchange Binance may be in violation of the country's securities laws in connection with its recently announced stock ...
Crypto asset manager Osprey Funds has launched a Polkadot trust product that would invest exclusively in DOT, the native token of the Polkadot network. Osprey said the product is the only Polkadot trust in the market. Grayscale also recently incorporated a Polkadot trust but is yet to launch one. Th...
Alchemy has raised $80 million in a Series B funding round at a valuation of more than $505 million. Founded in 2017, the company offers projects and companies across the cryptocurrency market — ranging from decentralized exchanges to non-fungible token platforms — with developer tools to build bloc...
ConsenSys-owned Ethereum wallet MetaMask has crossed 5 million monthly active users or MAUs. ConsenSys said MetaMask has grown five times in the past six months, thanks to the increasing use of decentralized finance (DeFi) and non-fungible token (NFT) applications. In October 2020, MetaMask had over...

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