Jerusalem-based Lightricks – the developer behind subscription-based content creation apps Facetune and Enlight announced that it’s secured $135 million in series C funding at a $1 billion valuation.
Revolut, the financial services firm, has just launched a new digital service that will allow its customers trade U.S. stock from the New York Stock Exchange and Nasdaq. The service will be free and available to all customers.
A report released by KPMG issue hopes that the second half of 2019 could witness record-breaking highs fueled by massive M&A closings. This comes despite the fintech investment in the U.S. fell during HI’19.
Visa Inc. has announced the expansion of its Fast Track program to startups in the U.S. The multinational payment company will use this program to help fintech startups integrate Visa with their respective platforms.
Overstock.com, the retail giant firm, has just announced that it will be paying dividends to its shareholders in digital shares powered by an affiliate company, tZero. The CEO has expressed commitment to a blockchain capital market.
Through this Bitcoin mining IPO, Canaan plans to raise $200 million from the public. This is the company’s second attempt for public filing.
ByteDance, the parent company of TikTok, confirmed it’s developing a smartphone, following a deal it made with device maker Smartisan Technology. ByteDance has risen to become a leading player in tech, rivaling the likes of Baidu and Tencent.
Major Bitcoin wallet provider, Blockchain, has just announced the launch of its own exchange platform, The Pit. The new platform seeks to promote adoption by simplifying the trading process for all its users.
The US Capital Global Securities (USCGS) has joined other institutional cryptocurrency and blockchain investors by adding holdings in Nomics, Bakkt, Coinbase, and Tagomi in its investment portfolio.
A number of new players in the industry are creating an alternative option by drafting specific rules and regulations for cryptocurrency. Malta, Bahrain, and Gibraltar have been among the first to do such, now Belarus and Singapore join the club.
While we’re still waiting for Apple’s Earning Report, a new report says that all three new iPhones will support 5G. Analyst Ming-Chi Kuo noted that Apple has more resources for developing the 5G iPhone after the acquisition of Intel baseband business.
Bill Miller’s Hedge Fund gained 46% with many attributing the success to the recent surges by Amazon and Bitcoin, as well as strategic investments in other high-performing stocks like Avon Products and ADT.
Amazon broadcasted mixed second-quarter results, scaling the purported sales predictions but missed the mark on income valuations as the AMZN stock drops $15 in after-hours trading.
Google (GOOGL) records almost 10 percent increase in stock for the year’s second quarter. The official report also shows 13 percent increase in Traffic Acquisition Cost, hitting $7.24 billion.
Judging by recent news, Bitcoin has once again hit a new record! This time it’s the amount of Bitcoin supply which hasn’t been moved for more than five years. It reached an all-time high of 21,6%.