PYMNTS
JUNE 2, 2020
In other news, Poolin, a bitcoin mining pool, is growing its financial services and digital currency lending verticals, CoinDesk reported. He also noted that the pool “has its unique advantage but we also want multiple business lines — not just lending but also financial services — that are parallel to our pool business.”.
PYMNTS
NOVEMBER 19, 2020
While recognizing that digital currencies do pose risks, including the possibility of imposing “a macro-economic cost,” Haldane argued that a digital currency could mitigate technological constraints on lending, provide additional payments security, and increase stability. “I In other news, the U.S.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PYMNTS
FEBRUARY 28, 2019
The Lightning Network , a bitcoin experiment that allows users to quickly transfer funds around the world without a third party, has completed another transaction. The transaction — known as the “Lightning Torch” — has Twitter accounts receive a lightning payment, adding a nominal amount of bitcoin to the total before passing the “torch” on.
PYMNTS
NOVEMBER 4, 2020
Management stated that in the second quarter, new cohorts of Cash App customers had higher attach rates to products beyond peer-to-peer payments, such as Cash Card, Boost, direct deposit and bitcoin investing (the company recently invested in $50 million in bitcoin to keep on its balance sheet) — and we’ll see how those attach rates are continuing.
CB Insights
AUGUST 16, 2021
Upgrade , an online lending platform, has raised $105M in a Series E. The company recently launched its Upgrade Bitcoin Rewards Card — a credit card that offers rewards in bitcoin rather than cash. The round drew participation from Black River Ventures, Ventura Capital, and Koch Disruptive Technologies.
Bank Innovation
JANUARY 24, 2018
American Express is the “most-loved” financial service on social media in 2017, according to a recent report, followed by PayPal, Vanguard and bitcoin. NetBase examined 55 brands across sectors including banking, credit cards, investment banking, payment services, insurance, online lenders and crypto.
PYMNTS
JANUARY 29, 2019
He also deposited 230 bitcoins ($1.8 million) onto another cryptocurrency exchange and tried to withdraw the money through a bitcoin ATM. In other news, bitcoin prices fell again on Monday (Jan. 28) to $3,443, its lowest level since mid-December. It’s a huge disappointment; it neither came in terms of price or calendar.
Expert insights. Personalized for you.
283 
Let's personalize your content