Blockchain 

The First Crypto Currency Auto Finance Company in the U.S.

Available now with Crypto Cars Online Dallas/Fort Worth, Texas— October 26, 2020 — Crypto Cars Online announced immediate availability of purchasing vehicles with crypto currency, after partnering with top rated auto dealers in the Dallas Fort Worth area. “Our system is simple when you buy a car with Crypto Currency,” said Spokesman Roger Lee, Managing Partner of dr2marketing and head of media relations for Crypto Cars Online. How It Works Purchase your vehicle online with multiple crypto currency options including, Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and USD Coin. Crypto Cars…

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Ethereum 

Gemini Launches Crypto Insurance Company with $200 Million Coverage

New York-based crypto-asset exchange Gemini has announced an increase in insurance coverage of its custody platform. The cryptocurrency exchange has increased its custody limit to $200 million. This is the largest cold storage insurance limit for any exchange globally. Gemini Launches Insurance Company This move indicates that Gemini Custody expects the demand for its services to increase. Considering the new coverage and the exchange’s reservation for accredited investors, it seems to now want to target large crypto holders in the future. The company is positioning itself to serve high-end crypto…

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Blockchain 

Victory Square Portfolio Company V2 Games Inc. Announces Private Placement of $3,000,000 CAD

VANCOUVER, British Columbia, Oct. 24, 2019 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (CSE:VST)(FWB: 6F6)(OTC:VSQTF) is pleased to announce V2 Games Inc. (“V2 Games”), a wholly-owned subsidiary of the Company, is raising $3,000,000 CAD in a private placement offering (the “Private Placement”) of unsecured convertible debentures (each, a “Debenture”) for gross proceeds of $3,000,000. Each Debenture issued pursuant to the Private Placement has an issue price of $1,000, a term of two years from the date of issuance and will accrue interest at a rate of 8% per annum. The principal…

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Cryptocurrency 

Facebook’s Libra May Cause Banks to Cut Financing to the Company

Ever since the potential launch of Facebook’s Libra was announced by the social media behemoth, the company’s cryptocurrency project has lurched from one problem to the next. Regulators from different parts of the world had voiced their concerns about the Libra cryptocurrency, and even the President of the United States slammed Facebook in one of his famous tweets. New Trouble? In a new development, it has now emerged that if Facebook (NASDAQ:FB) does not take care of the regulatory issues with regards to Libra, then banks might refuse to provide…

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Blockchain 

Kik Messenger to Shut Down as Company Shifts Focus to Kin

Kik Interactive has announced that it is closing its messaging service due to a legal wrangle with the SEC over its cryptocurrency, Kin. The troubled messaging app, which still has millions of users worldwide, has been involved in a legal battle with the United States Securities and Exchange Commission in recent months after the SEC announced it was suing Kik over the $100 million USD raised from an ICO in 2017. Bloomberg reported back in June that the SEC argues that the token used in the ICO, Kin, counts as…

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Blockchain 

One Company Is Building the Railway for the Next Generation of Digital Payments

A truly MONUMENTAL shift is underway, as businesses and merchants around the world transition towards a fully digitized economy. In the United States alone, the payments market of business-to-business (B2B) transactions is currently worth $22 TRILLION.[1] To streamline this and other forms of digital transactions, there is an increasingly loud call for acceptance of a growing number of currencies, including Bitcoin and other digital currencies. While many traditional payment processors such as Visa, MasterCard, PayPal and others continue to innovate, they’re all operating on a paradigm that only includes fiat…

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Blockchain 

Ripple Escrow Wallet Transfers Another 500 Million XRP to Company

In recent times, Ripple has been at the center of whale moves and has managed to move a significant amount of XRP. In the latest development, Ripple Escrow wallet has completed the transfer of 500 million XRP token to Ripple. Massive Movement of XRP to Ripple In a recent tweet, the Whale alert indicated tokens worth around $130.1 million moved from the Ripple Escrow Wallet to Ripple. The Whale alert account usually provides information regarding cryptocurrency whale movements, and it is always informing the community about various crypto whale moves.…

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Blockchain 

One Company That is Bucking the Trends

Centralized Social Media platforms, like Facebook, Google, and LinkedIn to name a few, have been paramount and prevalent in our lives for nearly 2 decades, so many people are unaware of the technology that is available to us now. The upcoming platforms classed as Market Networks are a sovereign way to develop online communities, giving the power back to the people. With the onset of Blockchain along with Cryptocurrency, this absolutely levels the playing field. What this means is complete privacy, autonomy, and freedom of speech, as well as the…

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Bitcoin 

Bitcoin is Getting Bakkt | ICE Forms Company to Bring Bitcoin Mainstream

Announced this morning is some pretty major news that Bitcoin bulls have been waiting for: Intercontinental Exchange (ICE)—the trading giant that owns the New York Stock Exchange—has a goal of breaking Bitcoin into mainstream currency and it plans to do this by forming a new company called Bakkt.  Bakkt is soon to be launched by Wall Street’s major player, but it also joins forces with some of America’s biggest companies, including Microsoft and Starbucks.  What’s Going On? This morning ICE announced that its new company is expected to launch in…

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Cryptocurrency 

Blockchain Payment Company Veem Backed by Goldman Sachs

The blockchain payment company Veem just announced it has closed a $25 million funding round. The company closed its Series B funding round back in 2017. Veem states that Goldman Sachs and Google Ventures led the new funding round. Veem The latest round raised by the blockchain payment company Veem included a slew of new and existing investors. Silicon Valley Bank, Extol Capital, Trend Forward Capital, GV (formerly Google Ventures), Pantera Capital, and Kleiner Perkins contributed to the expansion of the company. Currently, small business owners have to deal with slow…

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