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PayPal Co-Founder Peter Thiel Injects $30 Million into Crypto Firm BlockFi to Improve Cash Flow and Expand Product Lines

PayPal Co-Founder Peter Thiel Injects $30 Million into Crypto Firm BlockFi to Improve Cash Flow and Expand Product Lines

The series B offering was led by Valar Ventures, which is a venture capital company backed by PayPal co-founder Peter Theil. Other investors in the offering round included Winklevoss Capital, Avon Ventures, Morgan Creek Digital, CMT Digital, PJC, and Akuna Capital. New investors included Purple Arch Ventures, Arrington XRP Capital, Kenetic Capital, HashKey Capital, and Castle Island Ventures.

3 Benefits You Need to Know About Cryptocurrency Credit Cards

3 Benefits You Need to Know About Cryptocurrency Credit Cards

A breaking story shows that MedeTrade crypto exchange has integrated Dash in its Visa cryptocurrency credit and debit card. Therefore, crypto users need to know about benefits associated with cryptocurrency visa card.

Visa CEO Says the Payment Giant Will Add Cryptocurrencies to Its Payments Network

Visa CEO Says the Payment Giant Will Add Cryptocurrencies to Its Payments Network

Visa has come out in support of digital currencies and believes that cryptocurrencies have the potential to improve the value of digital payments and create more accessibility.

Ethereum 2.0 Rival Raises $21.6M Round Led by Andreessen Horowitz for Web-Scale Decentralized Application Platform

Ethereum 2.0 Rival Raises $21.6M Round Led by Andreessen Horowitz for Web-Scale Decentralized Application Platform

Decentralized applications startup Near Inc announced $21.6 million tokens raised led by venture capital firm Andreessen Horowitz (a16z). Joined by other investment firms, including Libertus, Animal Ventures, Notation Capital, Blockchange, Pantera Capital, and Distribution Global, the token sale is the network’s second funding, following a $12.1 million round last July.

Visa Partners with Fold to Offer Bitcoin Rewards Credit Card

Visa Partners with Fold to Offer Bitcoin Rewards Credit Card

Visa, a prominent payment provider, has joined hands with Fold, a San Francisco-based Bitcoin cashback app, to offer a credit card that will enable consumers to gain Bitcoin rewards as compared to earning points. Through the strategic collaboration, users will have first-hand experience with the most-valuable cryptocurrency.

Chainalysis Secures $13M From Ribbit Capital and Sound Ventures, Continuing to Fuel Crypto Adoption

Chainalysis Secures $13M From Ribbit Capital and Sound Ventures, Continuing to Fuel Crypto Adoption

Chainalysis announced that it has secured an additional $13 million in a strategic investment from Ribbit Capital and Sound Ventures during its Series B investment round, taking its total to $49 million.

Crypto Lets Anyone Invest in Early-Stage Ventures Previously Only Meant for the Rich, says Bitcoin Analyst

Crypto Lets Anyone Invest in Early-Stage Ventures Previously Only Meant for the Rich, says Bitcoin Analyst

Market analyst Lark Davis sees cryptocurrencies as game-changers as they enable anyone to participate in early-stage financial ventures previously only reserved for the rich.

Japanese Multinational’s Blockchain App Taps India’s Tech Talent Pool Neglected By Trump’s Visa Ban

Japanese Multinational’s Blockchain App Taps India’s Tech Talent Pool Neglected By Trump’s Visa Ban

NEC Corporation, a Japanese multinational information technology and electronics company, has partnered Persol Career, a job-hunting firm, to pilot its blockchain app to help corporate Japan recruit Indian tech engineers. Nearly 2000 Indians are expected to be hired via the app in the next three years,

Visa to Work with Bitcoin Wallets to Enable BTC Conversion to Fiat

Visa to Work with Bitcoin Wallets to Enable BTC Conversion to Fiat

Visa CEO Alfred Kelly has reaffirmed the company's plans to work with BTC wallets to make them interoperable with Visa for conversion from BTC to fiat currencies.

Libra Association - Visa and MasterCard Have Second Thoughts

Libra Association - Visa and MasterCard Have Second Thoughts

Libra internal struggles. Visa and MasterCard consider leaving.

Visa Crypto Executive: CBDC is the Most Important Trend for Future of Money

Visa Crypto Executive: CBDC is the Most Important Trend for Future of Money

Central Bank Digital Currencies (CBDC) could be the most important payment trend in development with the most profound effects on our systems of payment and money issuance according to Cuy Sheffield, Visa’s head of cryptocurrency.

Visa Joins Mastercard and PayPal in Turning Bullish for Crypto and Digital Currencies

Visa Joins Mastercard and PayPal in Turning Bullish for Crypto and Digital Currencies

Shortly after Mastercard showed its hand on its stance on cryptocurrency, Visa published a blog announcing that the payments giant is advancing its approach towards digital currency. PayPal was recently rumored to have partnered with Paxos to provide crypto trading services.

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