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Cryptocurrency Wallet

  • Altcoins

    ConsenSys raises $450M in Series D, raises valuation to $7B

    Ethereum software developer ConsenSys announced on Tuesday it has raised US$450 million in Series D funding, bringing its valuation to US$7 billion. See related article: New Cosmos, Mastercard projects to boost Ethereum scalability Fast facts The latest funding round was led by ParaFi Capital, with investors including Temasek, SoftBank Vision Fund 2 and Microsoft. The […]

    Timmy Shen

  • Altcoins

    Solana wallet Phantom brings valuation to $1.2B after $109M Series B

    Phantom announced that it has raised US$109 million in Series B funding led by investment firm Paradigm to raise its valuation to US$1.2 billion, the Solana-based crypto wallet announced on Monday. Fast facts Its app also launched for iOS devices on Monday after its browser extension wallet on Solana gained nearly 2 million monthly users […]

    Lachlan Keller

  • Regulation

    Crypto platforms Cobo, Gate.io leave mainland following China crypto ban

    Cryptocurrency investors on the Chinese mainland continue to feel the chill from the country’s latest crypto ban, as more and more industry players exit the Chinese market. Cobo, a Singapore-based crypto management platform, is among the latest to opt out. Fast facts In order to reflect the regulatory requirements on the mainland, Cobo said Wednesday […]

    Timmy Shen

  • Regulation

    Binance partners with Shopify and others to offer crypto payments online

    Amid a turbulent time for the world’s largest crypto exchange, Binance has announced a new partnership with Alchemy Pay to bring crypto payment options to e-commerce platforms such as Shopify. Fast facts Running on the exchange’s Binance Pay feature, the partnership will allow users and merchants to send and receive crypto globally in over 40+ […]

    Lachlan Keller

  • Regulation

    China Mobile discloses virtual currency system patent, joins e-CNY team

    China’s largest telecommunications company, China Mobile, has disclosed a patent on a virtual currency management system that can prevent the theft of hot-wallet keys. Fast facts The system achieves theft-prevention by separating the hot-wallet server interacting directly with a public data server via a system wallet server. The patent disclosure shows that China Mobile filed […]

    Ningwei Qin