Bitwala Begins Offering Bank Accounts With Bitcoin Wallet and Debit Card

Finance Cryptocurrency banking provider Bitwala has started offering its banking service to cryptocurrency users in Germany, starting with 40,000 pre-registered customers. A spokesperson for the company has shared details with news.Bitcoin.com about this new service which will soon add support for additional countries and cryptocurrencies. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations New Banking Service for Crypto Users Bitwala announced on Wednesday, Dec. 12, that it has started offering banking service to cryptocurrency users. “New users along with the 40,000 pre-registered customers will be onboarded…

Crypto Exchange Kraken to Plan Private Offering After ‘$4 Billion’ Valuation

United States cryptocurrency exchange Kraken is considering a private offering to high net worth investors, Finance Magnates reported Dec. 12, quoting emails sent by the company. Kraken, which is currently the subject of a lawsuit over its support of the competing forks of altcoin Bitcoin Cash (BCH), has reportedly valued its shares at $4 billion. According to Finance Magnates, executives are now offering select major clients to whom the email was sent a chance to acquire further equity, subject to a minimum investment of $100,000. “The transaction process will be…

Crypto Company Offering Virtual ATMs Hits New Daily Highs — And Aims to Take on Square

A crypto company that enables thousands of retailers to function as virtual ATMs for an array of cryptocurrencies has recently processed its largest single transaction to date, valued at over $3.44 million.   Netcoins, which is aiming to simplify the process of buying and selling crypto by offering the public a trustworthy source for making purchases, says its performance has been strengthening — even despite the recent turbulence seen in the market. Mark Binns, the company’s CEO, said, “Despite the bear crypto market that is upon us, Netcoins continues to…

Thai Cryptocurrency Exchange Set to Launch Security Token (STO) Offering Despite Bitcoin Price Slump

Despite the chilling crypto winter, bitcoin-friendly Thailand remains enthusiastic and determined to hodl on. As first reported by Nikkei Asian Review on December 4, 2018, the highly reputed Thai cryptocurrency exchange, Satang Corp. has announced plans to launch its security token offering (STO) by early 2019, and the government of Thailand fully supports it. Satang Exchange Joins the STO Movement Per sources close to the matter, Satang Corp., a leading cryptocurrency exchange and trading venue, will be organizing an STO for the first quarter of 2019 to raise $9.9 million…

Thai Crypto Exchange Satang Plans to Raise $10 Million in Security Token Offering

Thai cryptocurrency exchange Satang Corp. plans to raise nearly $10 million in a security token offering (STO), despite the recent market meltdown, Asia-focused business publication Nikkei Asian Review reported Dec. 4. Satang’s plans are reportedly supported by the Government of Thailand in a bid to make the country a blockchain center and develop a regulatory framework for digital currencies and blockchain. According to the exchange’s CEO Poramin Insom, the STO will be conducted in the first quarter of 2019. Satang reportedly plans to use the $9.9 million it raises to…

German Financial Watchdog Warns Public About Unauthorized Crypto Offering

The German Federal Financial Supervisory Authority (BaFin) issued a warning Nov. 29 that a firm called Platin Genesis DCC is not authorized or approved by the proper authorities. In the warning, BaFin states that Platin Genesis was advertising a “Platinum Coin Crypto Fund” on social media, which it claimed was “approved and released by BaFin.” The watchdog clarifies in its statement that this is not true. Per BaFin, the firm does not have permission under section 34 of the German Banking Act to conduct banking activities or offer financial services.…

Hardware Wallet Ledger Opens New York Office to Develop Institutional Custody Offering

Cryptocurrency hardware wallet manufacturer Ledger announced it is expanding to New York as part of its development of institutional custody offering Ledger Vault, according to a press release shared with Cointelegraph Nov. 26. Ledger, which launched pre-access for Ledger Vault in May, has appointed former Intercontinental Exchange (ICE) executive Demetrios Skalkotos to lead the global business unit operations for the project. “New York City is the center of the financial world, hence having our Ledger Vault operations based in the region was a natural fit,” Ledger CEO Pascal Gauthier commented…

Has a Platform Offering 40m TPS Found the Key to Blockchain’s Mainstream Adoption?

A blockchain/DAG hybrid platform has unveiled bold plans to entice businesses to use its technology – and says its “unprecedented speed, scalability and security” has the potential to benefit enterprises that handle a high frequency of transactions. BEXAM initially intended to serve the cryptocurrency market as a hybrid exchange which used a unique algorithm to deliver the best features of centralized and decentralized platforms alike. However, the startup has decided to refocus its proposition after receiving glowing feedback about its technology – moving away from the congested exchanges sector to capitalize…

New Cryptocurrency Platform Offering Free, Instant Transactions

Elisia, a new cryptocurrency platfom is currently providing lightning speed free transactions, allowing potential users to develop Decentralized Applications (DAPPS). The Elisia token sale commences from November 30th around 6 AM, GMT. The estimated token price is about 0.0001 ETH, and the overall token supply is 1,000,000,000 ELSA. For the past few years, there is immense competition between blockchain technologies. They focus towards arriving at a better output which could be in the form of a brand new project. There are quite a few projects which lay special emphasis on…

Bitcoin Depot Launches Affiliate Program as Part of Cryptocurrency ATM Offering

Photo: Bitcoin Depot / Twitter As the cryptocurrency industry progresses, cryptocurrency ATMs are beginning to surge in popularity thanks to their developing services and convenience of converting cash into crypto. Bitcoin Depot – a leading U.S. cryptocurrency ATM service – has launched an affiliate program for its leading multi-cryptocurrency ATM network to help onboard more users and generate growth in the sector. The Bitcoin Depot Affiliate Program Bitcoin Depot’s affiliate program allows new users to sign up and earn a $15 credit for each friend they refer to Bitcoin Depot.…