Category Archives: Bitcoin

Goldman-Backed Crypto Startup Circle, expand into Asia

Fintech startup Circle said that it will hire 100 employees to expand into Asia and improve operations at Poloniex, its recently-acquired cryptocurrency exchange. The Dublin-registered firm, which has received funding from both Goldman Sachs and Chinese tech conglomerate Baidu, will use many of these new hires to improve customer support and operations at Poloniex, which Circle reportedly acquired for $400 million in one of the largest deals in the industry’s history. Continue reading Goldman-Backed Crypto Startup Circle, expand into Asia

Panel discussion at Blockchain & Bitcoin Conference Israel

On March 28, Tel Aviv will host a conference dedicated to blockchain, cryptocurrencies, and ICOs – Blockchain & Bitcoin Conference Israel. Besides speakers’ presentations, exhibition area, and pitch session, the event will also feature a panel discussion where experts will talk about the emergence of a new asset class and the development of the banking industry under the influence of blockchain technology. Continue reading Panel discussion at Blockchain & Bitcoin Conference Israel

Circle Rolls Out Cryptocurrency Investing App to 46 US States

Fintech startup Circle has opened up early access to its new cryptocurrency investing app, providing most US customers with instant, commission-free cryptoasset trading. On Tuesday, the Goldman Sachs-backed company sent emails to users who had participated in Circle Invest’s beta testing program, informing them that it had released version 1.0.1 of the mobile brokerage platform, which is available on both Apple and Android. Continue reading Circle Rolls Out Cryptocurrency Investing App to 46 US States

Coinbase Granted UK E-Money License

Major cryptocurrency exchange Coinbase is making significant strides in its European expansion. San Francisco-based Coinbase has now received an e-money license by the Financial Conduct Authority (FCA), the UK’s financial regulator, enabling the cryptocurrency exchange to provide payment- and electronic money services as cash alternatives to customers in the United Kingdom and 23 countries within the European Union. Continue reading Coinbase Granted UK E-Money License

South Korea’s Largest Cryptocurrency Exchange Partners BitPay

Bithumb, South Korea’s largest cryptocurrency exchange, has partnered with major cryptocurrency payment processor BitPay to facilitate international remittance payments. Sonny Singh of Bitpay, the chief commercial officer at BitPay, stated that the company is on track to process $4 billion worth of transactions in 2018, and the team is focused on allowing cryptocurrencies like bitcoin to be more accessible for casual users by assisting large-scale retailers to integrate cryptocurrencies as a payment method. Continue reading South Korea’s Largest Cryptocurrency Exchange Partners BitPay