Category: Blockchain
Crypto wallet and exchange company Blockchain.com raises $300 million at $5.2 billion valuation
As Coinbase is about to go public in the U.S., another cryptocurrency company is having a blockbuster first quarter of 2021. Blockchain.com, the company behind a popular cryptocurrency wallet, an exchange, a block explorer and more, has raised a $300 million Series C round. If you’ve been paying attention, you…
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Afriex raises $1.2M seed to scale its payments and remittances platform across Africa
Sending money from the U.S. to Nigeria can be a painstaking process. For remittance platforms like Western Union, it will cost a transfer fee and take between one to five business days for money sent from a U.S. debit card to enter a Nigerian bank account. Crypto remittance platforms are…
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Extra Crunch roundup: AI eats fintech, fundraising visas, no-code transition tips, more
Most American retail banks are designed the same way: Customers must pass several desks set aside for loan and mortgage officers before they can talk to a customer representative. I only step inside a bank a few times each year, but even pre-pandemic, I can’t remember the last time I…
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Europe’s rush for a COVID-19 ‘digital pass’ stirs concerns
More details have emerged today about the European Commission’s legislative proposal for a pan-EU ‘digital green pass’ to show verified COVID-19 status. The plan is controversial from a human rights and civil liberties perspective, given the clear risk of discrimination. But privacy and security experts are also raising concerns about…
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Beeple’s $69 million NFT sale marks a potentially transformative moment for the art world
Today, the auction of an NFT digital art collage from a relatively unrecognized digital artist ended with a purchase price above $69 million. The work, called “Everydays — The First 5000 Days,” chronicled several years’ worth of daily sketches from the artist Mike Winkelmann — known online as Beeple. Unlike…
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Why Terry Crews is launching a social currency
Actor Terry Crews is going in on the blockchain. With the help of social currency startup Roll, Crews is launching his own social currency, $POWER. But first, let’s break down what that means. Anyone can create a social currency, which hundreds of creators have already done via Roll, to change…
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