Peloton, the maker of interactive at-home exercise bikes and treadmills with online personal training classes, set a range for its initial public offering (IPO) that could value the company at more than $8 billion.
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.
One unverified Redditor alleged that Santander Bank is preventing UK customers from depositing their fiat funds to Coinbase but the bank denies the allegations saying that it is ‘not the case’.
Coinbase’s partnership with Barclays allowed British clients to use Coinbase extensively. The end of this partnership could also potentially end Coinbase users’ access to the UK “Faster Payments Scheme” (FPS).
For most of us, the image of a trader is someone sitting in a busy stock exchange, looking stressed out and sweaty or with their head in their hands as the market crashes.
Global banking giants including Barclays from Europe, Credit Suisse, UBS, and MUFG Bank, together announce the Utility Settlement Coin (USC) cryptocurrency to leverage instant cross-border settlements at reduced costs.
Konstantin Rabin, fintech expert and crypto enthusiast, recaps what is known about Facebook’s Libra project and long-rumored company’s own crypto, which has long been shrouded in mystery.
Several major banks, including UBS, Banco Santander, HSBC Holdings and Deutsche Bank, are planning to build a blockchain-based settlement system by investing $50M into a joint entity called Fnality.
One Wall Street firm sees major upside for Facebook if its secretive cryptocurrency plan works out. Facebook’s reported stablecoin project could be a significant moneymaker for the social media giant.
SendFriend plans to serve overseas workers from the Philippines, using XRP and Ripple’s xRapid product for cross-border settlements. It is also going to launch in New Jersey.