Tag: Blockchaincom

Blockchain.com Launches Pound Sterling Payments Gateway for Brexit-Bound Brits

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United Kingdom-based cryptocurrency data and wallet provider Blockchain.com has added a British pound gateway to its crypto exchange, The Pit. On Dec. 19, Xen Baynham-Herd — executive vice president of product at Blockchain — told Cointelegraph that with Brexit on the horizon, the exchange has seen a record number of first-time deposits from U.K. users. The Pit’s new gateway will now allow users to purchase crypto using British pounds via the U.K.’s Fast Payments Scheme — an infrastructure designed to provide near-instant transaction settlement times for payments between different British…

Blockchain.com Loan Desk On Track to Lend Over $120 Million In November

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United Kingdom-based cryptocurrency data and wallet provider Blockchain.com is reportedly on track to lend out more than $120 million this month. On Nov. 14, the Block reported that Blockchain.com has been quietly building its loan desk to be competitive with firms like Genesis Global Trading and BlockFi. CEO of Blockchain.com, Peter Smith, said that his lending business initially started out by making loans to other cryptocurrency lending firms on a “case-by-case basis.” While the company lent out around $10 million in new loans during the month of August, by the…

Wallet Provider Blockchain.com Sees a String of Exec Departures: Report

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United Kingdom-based cryptocurrency data and wallet provider Blockchain.com has come under the spotlight after a string of exits by company employees. Citing sources familiar with the matter, an article published by The Information on Oct. 2 claims that Blockchain’s longest-serving senior executives — COO Liana Douillet Guzmán and Chris Lavery, executive vice president of finance — are both expected to leave. Their departures, if accurately reported, would be just the latest in a steady stream of team members calling it quits on the startup, The Information alleges. A series of…

Blockchain Startup DappRadar Raises $2.33M From Naspers, Blockchain.com

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Lithuanian blockchain startup DappRadar, a platform for discovering and analyzing blockchain-based decentralized applications (DApps), announced it raised $2.33 million in seed funding. $2.33 million to expand services  On Sept. 5, DappRadar announced the closing of a $2.33 million seeding round, which was led by Naspers, a South African-based global internet and media group, with participation from Blockchain.com Ventures, a venture capital fund and subsidiary of Blockchain.com, and Angel Invest Berlin. The blockchain startup, which tracks over 2,500 dapps across seven blockchains, including Ethereum, EOS and Tron, explained that the investment…

Blockchain.com Set to Raise $50 Million to Invest in Crypto Startups

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Backed by Google and Virgin’s Richard Branson, Blockchain.com is looking to raise $50 million as it plans to begin investing in startups. Blockchain which is already one of the most widely used wallet services, is interested in equity and crypto coins. Luxembourg based cryptocurrency wallet and data provider, Blockchain, is currently meeting with investors, as it plans to raise $50 million to invest in several related startups. According to reports, the generated funds would be used to fund the sector through equity as well as crypto coins. The company which…

Blockchain.com Wallet Seeking New $50M Funding Round: Report

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Cryptocurrency wallet and statistics resource Blockchain (formerly Blockchain.info) is reportedly raising $50 million in a new funding round. According to Yahoo! Finance citing two anonymous sources on Sept. 4, Blockchain is already negotiating the cash, which it will use to invest in equity and purchase unnamed cryptocurrency tokens.  Blockchain eyes fresh expansion The sources added that Sam Harrison, who joined the company in 2018 to co-found its Blockchain Ventures spin-off, is in charge of proceedings.  Blockchain has yet to confirm the reports, which come on the back of previous round…

Blockchain.com Partners with Payment Processor BitPay

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Cryptocurrency wallet provider Blockchain.com has announced a partnership with a Bitcoin payment processor, BitPay. Through the partnership, Blockchain.com is expected to incorporate BitPay’s payment technology into its wallet service. Blockchain.com Users to Get Access to BitPay’s Network Blockchain.com is currently the world’s most popular Bitcoin wallet provider with over 30 million wallet users across 140 countries. The company, which was founded in 2011, mostly holds Bitcoin APIs in the wallets. BitPay has a global reach of more than 20,000 customers. BitPay’s collection of products enables users to send and receive…

Blockchain.com to Integrate Polkadot Tokens Into Its Wallet

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Luxembourg-based crypto data supplier and crypto wallet Blockchain.com has partnered with blockchain interoperability protocol Polkadot. Driving decentralization  On Aug. 20, Blockchain.com announced it will integrate its Blockchain Wallet with the Polkadot Network in order to drive the adoption and decentralization of Polkadot tokens (DOTs). Once the integration is complete, users of Blockchain.com will be able to store, send and receive DOTs, as well as to vote on proposed amendments to the network protocol and council members. The new partnership aims to promote the idea of decentralization. Peter Smith, co-founder and…

Blockchain.com Launches Speedy Crypto Trading Platform ‘The Pit’

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Popular Bitcoin block explorer website Blockchain.com is expanding into crypto trading thanks to a newly launched platform dubbed The Pit. The exchange is based in London and will offer a multitude of trading pairs for bitcoin, Ethereum, Bitcoin Cash, Tether, Litecoin, and Paxos. The company, which claims a user-base of over 40 million crypto wallet registrations, typically provides all kinds of useful statistics for the Bitcoin blockchain. The expansion into trading, however, signals a move to integrate those customers into a seamless crypto exchange service. Blockchain.com has enlisted the services…

Blockchain.com Launches Speedy Crypto Trading Platform ‘The Pit’

boss

Popular Bitcoin block explorer website Blockchain.com is expanding into crypto trading thanks to a newly launched platform dubbed The Pit. The exchange is based in London and will offer a multitude of trading pairs for bitcoin, Ethereum, Bitcoin Cash, Tether, Litecoin, and Paxos. The company, which claims a user-base of over 40 million crypto wallet registrations, typically provides all kinds of useful statistics for the Bitcoin blockchain. The expansion into trading, however, signals a move to integrate those customers into a seamless crypto exchange service. Blockchain.com has enlisted the services…