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Bitcoin Daily: BlockFi, Visa To Offer Card With Bitcoin As Rewards; Crypto-Based Event Aims To Raise $1 Million For Charity

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Visa has partnered with BlockFi to launch a credit card that offers bitcoin rewards rather than travel points or cash back, according to an announcement. The BlockFi Bitcoin Rewards Credit Card , which will be available in the spring of 2021, will give 1.5 The card carries a $200 annual fee. “We

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Bitcoin Daily: Former BitGrail Head Faces Fraud Charges; Exmo Reports Cyberattack; VBT Bank Offers Blockchain-Backed Bank Guarantees

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“It is not yet clear whether he participated actively in the theft or if he simply decided not to increase security measures after discovering it,” Ivano Gabrielli, director of the national center for cyber crimes (CNAIPIC), told Reuters. cryptocurrency exchange Exmo reported a “major” security breach on Mon. Meanwhile, U.K.

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Bitcoin Daily: Fantasy Sports League Plans $100M ICO, Square Cash Extends Bitcoin Trading To 50 States

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Bitcoin hit its lowest pricing level since the end of June, MarketWatch reported, dipping below the $6,000 level on Tuesday (Aug. The price of bitcoin was $6,241.95 Money app Square Cash has expanded its bitcoin trade offering to cover the entire United States, Cryptovest reported. and the price of Ether was $283.52

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Singapore Eyes ‘Bringing Together’ Banks And FinTech Firms

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In the coexisting — and sometimes colliding — worlds of FinTech and traditional financial services, a bit of collaboration often evolves. As reported by Bloomberg , the regulator at the helm of Singapore’s financials has embraced an effort to “bring together” FinTech firms and banks there.

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Bitcoin Daily: People’s Bank Of China To Certify Digital Payment Products; Korean Security Agency Supports Blockchain Projects With $9M Fund

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Recent filings show that China’s central bank will use its new verification system — the Certification of FinTech Products — on all of the products that could be used in digital payment technologies, including point-of-sale mobile terminals, embedded application software, user front-end software and security carriers and chips.

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Bitcoin Daily: Korean Commission Suggests Allowing FIs To Offer Crypto; China’s OneConnect Platform Supports New Blockchain Financing Product

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China’s Guangdong province has launched a blockchain financing platform for small and medium-sized businesses, backed by OneConnect , a Chinese FinTech recently listed on the New York Stock Exchange, according to a press release. . In other crypto news , cryptocurrency tax automation software TaxBit has raised $5 million in funding.

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VCs Back Bitcoin For B2B Payments, AI For Enterprise Analytics

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It was a mixed bag of funding, with a few startups working in more traditional B2B technology, including expense management and SaaS. The others, however, are working with more cutting-edge tech, including bitcoin and artificial intelligence (AI), and just so happened to see the largest funding rounds of the week. Expense Management.

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