Remove Bitcoin Remove Capital Remove Lending Remove Security
article thumbnail

Bitcoin Daily: Lender Vauld Nets $2 Million To Expand To Full Crypto Bank; SEC Freezes Assets Of Virgil Capital In Alleged Fraud In Crypto Trading Fund; Japan's SBI Holdings Claims Ripple's XRP Is Crypto, Not A Security

PYMNTS

Cryptocurrency lending platform Vauld raised $2 million to expand into full banking services, including issuing credit and debit cards and providing fiat and crypto order books, CoinDesk reported. The funding round was led by Pantera Capital and included Coinbase Ventures and LuneX Ventures. In other news, the U.S.

Capital 175
article thumbnail

Bitcoin Tracker: Blowing Bubbles

PYMNTS

At the time of writing, bitcoin was worth $1,270.86, up 3.32 As bitcoin rose, TechCrunch noted that the value of 1 BTC had actually surpassed the value of an ounce of gold — the go-to alternative asset. Perhaps key would be the institutional money which would flow into bitcoin. Most of those bitcoins have never been recovered.

Bitcoin 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bitcoin Blushing With Secret Admirers

PYMNTS

Who knew that Tyler and Cameron Winklevoss, known for their early involvement in Facebook, were in love with bitcoin? You might, when you find out that they were the first to file for a bitcoin Exchange-Traded Fund (ETF) with the Securities and Exchange Commission (SEC). And do you care?

Bitcoin 100
article thumbnail

Bitcoin Daily: Telegram TON Blockchain Delay Sparks Clawback Clause; Andreessen Horowitz Eyes DeFi, NextGen Payments With New Fund

PYMNTS

Securities and Exchange Commission (SEC) suit. Telegram also reportedly offered an option for investors to lend their investment to the app up to this time in 2021. The firm said that DeFi, in particular, “opens the components of finance to the same recombination and experimentation that makes open-source software so powerful.”.

article thumbnail

Surprise Outcomes Edition: Cybercrime, Student Loans And CAN Capital

PYMNTS

The attacker demanded 100 bitcoin (approximately $73,000) in ransom and displayed in the message to contact cryptom27@yandex.com for the decryption key. Brian Krebs of Krebs on Security reported that the hacker believed to be behind the attack on the SFMTA was himself hacked over the weekend by an anonymous security researcher.

Capital 100
article thumbnail

From AI To T&E, B2B FinTechs Rake $141 Million

PYMNTS

Don’t let the lack of news about mega-grossing venture capital (VC) rounds fool you. This week’s B2B venture capital activity led to an impressive $141.2 SIG, GGV Capital, Yunqi Partners, Huochebang, SKy9 Capital and Chuangban Investment also participated in the funding round, reports said. TravelBank.

Fintech 135
article thumbnail

What is the State of Banking Innovation in 2017?

Bank Innovation

Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. What is the state of banking innovation today? Each year, we poll the industry to find out. This year, the pressure for banks to innovate is high, as banks no longer […].