Blockchain.com said the institutional backing will power an increasingly institutional-minded business. Source link
Crypto Wallet Startup Blockchain.com Raises $120M From Investors Including Google Ventures
Tag: Blockchaincom
Blockchain.com follows other exchanges in delisting XRP
Popular wallet provider and crypto trading platform Blockchain.com has announced it will be delisting XRP and suspending its trading next week, following in the steps of Coinbase, Binance.US, OKCoin and others. Although, as of press time on Jan. 6, Blockchain.com’s information on supported crypto assets continues to feature XRP, a blog post published on Jan. 4 informed users that: “Blockchain.com will halt XRP trading beginning Thursday, January 14th at 11:59pm GMT. For all customers who have XRP balances, you will continue to have access to your XRP to send after…
Blockchain.com to Stop XRP Trading Next Week
Blockchain.com is the latest cryptocurrency exchange to pull the plug on XRP trading. The crypto exchange and wallet provider said Tuesday it will halt XRP trading on Jan 14. Users will be able to send XRP outbound even after that date, but deposits will not go through. Crypto exchanges have been dropping XRP support in droves following the U.S. Securities and Exchange Commission’s lawsuit against the cryptocurrency’s issuer, Ripple Labs. Source link
UK’s Financial Watchdog Warns of Fraudsters Impersonating Blockchain.com
The Financial Conduct Authority (FCA) mandated with regulating the UK’s financial market has raised the alarm about fraudsters who want to lure the public using a cloned version of Blockchain.com, a crypto wallet and trading company. The swindlers are using Blockchain Ltd when cold calling people that they work for the genuine firm. Deceit at play Fraudsters in the crypto space have become sophisticated to the extent of establishing fake enterprises with dozens of websites, fraudulent social media accounts, and round the clock customer support. In July, Whale Alert disclosed…
Watch out, fraudsters are claiming they are from Blockchain.com
Fraudulent actors currently float around the internet claiming association with crypto trading and wallet company Blockchain.com, as confirmed by the Financial Conduct Authority, or FCA, a United Kingdom-based regulatory entity. The copycats assert association with Blockchain.com under Blockchain Ltd, a clone version of the real company. The genuine Blockchain.com, under the agent Blockchain Access UK Ltd, and principal entity Modulr FS Limited, holds legitimate FCA authorization, according to a warning posted by the FCA on Friday. “Fraudsters are using the details of firms we authorise to try to convince people…
DeFi Project Aave Raises $25M From Blockchain.com and Other Investors
Blockchain Capital, Standard Crypto, and Blockchain.com Ventures all joined the investment for the third-largest DeFi protocol. Source link
Blockchain.com to Support Russian Ruble Despite Local Crypto Uncertainty
Blockchain.com, a major cryptocurrency wallet and blockchain data provider, plans to support Russia’s national currency, the ruble (RUB). Although some big exchanges like Binance have introduced the Russian ruble, there is still no law authorizing circulation of crypto in Russia. On May 20, Blockchain.com announced its long-term roadmap, “The next era of crypto and 1B wallets by 2030.” In a post authored by Peter Smith, Blockchain.com CEO and co-founder, the firm outlined the addition of the Russian ruble as part of its mission to grow its current user base of…
Bitcoin Mempool Briefly Drops to Zero on Blockchain.com
Major crypto wallet service and blockchain data supplier Blockchain.com has apparently experienced a system glitch, as its Bitcoin (BTC) mempool tracker dropped to zero earlier today. After indicating a significant surge of unconfirmed Bitcoin transactions on March 13, the mempool chart on Blockchain.com saw a steep drop from 32 megabytes (MB) to zero. As of press time, the chart has recovered to around 30 MB. Seven-day chart of Bitcoin mempool size in bytes. Source: Blockchain.com The crash of Bitcoin mempool was apparently a system bug exclusive to Blockchain.com, as other…
Blockchain.Com Now Offers Crypto Lending Service to All Users
Amid the ongoing growth of the cryptocurrency lending industry, major crypto wallet service Blockchain.com launches a new lending product for all users, not just institutions. After first launching an institutional crypto lending desk in August 2019, Blockchain.com is now rolling out its crypto lending service to all users across more than 180 countries, the United Kingdom-based firm announced to Cointelegraph on March 10. Borrow allows users to borrow Paxos Standard against Bitcoin at the launch The new lending product from Blockchain.com, dubbed Borrow, allows to users borrow Paxos Standard stablecoin…
Blockchain.com Leads ‘Seven-Figure’ Investment in Its Exchange Partner
Popular cryptocurrency wallet service and blockchain data provider Blockchain.com has led a funding round in its exchange partner Wintermute Trading. Wintermute Trading, a United Kingdom-based algorithmic trading firm, has completed a seed funding round led by Blockchain.com’s venture arm Blockchain.com Ventures. While the amount of funding is undisclosed, the seed round apparently involved a “seven-figure” investment, a Blockchain.com spokesperson told Cointelegraph on Feb. 10. Additionally, the funding round has also seen participation from blockchain-focused capital market FBG. Wintermute has been a partner of Blockchain.com since July 2019 The investment comes…