FinAccel Raises $90M to Expand Its Kredivo Digital Card Service and Scores $500M Valuation
FinAccel plans to use the raised funds to expand its Kredivo service across the region and reach 10 million users.
Blockchain news category covers the foundational technology powering the crypto world. Discover updates on scalability solutions, layer‑1 and layer‑2 protocols, decentralized apps (dApps), enterprise adoption, and how blockchain is reshaping sectors from finance to supply chain. A must‑read for understanding the infrastructure behind the headlines.
FinAccel plans to use the raised funds to expand its Kredivo service across the region and reach 10 million users.
Even though Roku has performed impressively this year, Morgan Stanley has decided to downgrade the company’s stock rating.
Singaporean government-backed blockchain accelerator Tribe has raised about $16 million for startups. In total it has already raised $28 million to support startups.
Binance is continuing its expansion in the crypto industry. It has acquired a China-based decentralized blockchain startup DappReview for an undisclosed sum.
SoftBank has introduced a new debit card that comprises a built-in hot and cold crypto wallet known as SBC Wallet Card enabling users to check balances instantly and easily switch from fiat to crypto.
Decentralized сryptocurrency trading platform Waves has stopped its activity as a DEX and is starting to operate as a hybrid exchange.
Ethereum Foundation member Virgil Griffith, who was arrested in Los Angeles for allegedly violating the U.S. sanctions laws, will be released from jail pending trial.
Former CFTC Chairman Christopher Giancarlo, known as “Crypto Dad”, is set to join Willkie Farr & Gallagher as its senior counsel and to lobby for blockchain-based digital dollar concept.
Juventus is the first football club in the world to be tokenized. The world’s first Fan Token Offering has been launched by Chiliz.
SoFi founder Mike Cagney’s Figure Technologies is reportedly aiming to raise an additional sum of $100 million through a Series C funding.
The Bakkt platform is still setting records and has just pulled in a new one on its Bitcoin futures weekly volume of $124.0 million as well as its max open interest of $4.3 million.
The blockchain industry is moving forward but what companies head the journey? Here is a list of the most valuable crypto unicorns.
Preparing to host the TROY IEO tomorrow, Binance has announced a new Internal Transfer Feature to seamlessly transfer assets between different user accounts.
Huobi, along with many other local Chinese companies from the banking and telecom sector, joined the state-backed popular blockchain consortium Blockchain Services Network (BSN).
Ethereum co-founder Vitalik Buterin has announced that he will sign a petition to ensure the release of developer Virgil Griffith who was arrested by the U.S. authorities.