Users of the Starbucks mobile app will soon have the opportunity to pay for their drinks with Bakkt Cash. According to Bakkt, at the current moment, the crypto payment option is only in limited beta.Cryptocurrency derivatives exchange Bakkt partners with Starbucks to introduce a new payment option for Starbucks mobile app users. Named “Bakkt Cash”, the feature is already available for Starbucks customers as a limited beta.We're also reducing payment costs for merchants which improves their...
Read More »Bakkt Closes Series B Funding and Raises $300 Million from Microsoft, Pantera and Others
Bakkt closed a $300 million Series B fundraising round. The round was led by Microsoft’s M12, Pantera Capital. PayU and other prominent companies.Bakkt, the cryptocurrency derivatives exchange, has undergone series B funding. This was to the tune of $300 million. Sources say that the exchange involved many partners. Intercontinental Exchanges (ICE), which is Bakkt’s parent company, Microsoft‘s M12, Pantera Capital, PayU, CMT Digital, Boston Consulting Group, and Goldfinch Partners were among...
Read More »Horizon Blockchain Games Raises $5M, Creates Own Blockchain Game
Development studio Horizon Blockchain Games has raised $5 million in new funding as it continues to work on its ‘SkyWeaver’ digital trading card game.Development studio Horizon Blockchain Games shared last week a few “updates” it had. The company said that from January 2018, it had a mission to “pioneer a new dimension of gaming that belongs to its players and creators,” and that it grew to 24 full-time members.The first big news is definitely raising $5 million in a round led by Initialized...
Read More »BlockFi DLT Lending Giant Gets $30 Million in Its Series B Funding Round
BlockFi has raised $30 million from a group of investors, including Morgan Creek Digital, Winklevoss Capital, Arrington XRP Capital and others.New York-based cryptocurrency-lending firm BlockFi has bagged up to $30 million from a host of investors during its Series B funding. The list of them includes Winklevoss Capital, Arrington XRP Capital, and Morgan Creek Digital among others. The company aims to use the funds it received to enhance its staff and expand its offerings, reports revealed on...
Read More »BlockFi Offers Zero-Fee Trading for Bitcoin, Ethereum and GUSD Stablecoin
Premier cryptocurrency lending service BlockFi has introduced a new feature. It is trading at no fees for Bitcoin, Ethereum and the stablecoin GUSD. The startup has been known to allow users access to returns on their cryptocurrency holdings by offering loans to borrowers against users’ cryptocurrency holdings and then passing across the returns in terms of interest on the loans while securing the crypto assets that were used as security for the loans. While this model is known to have been...
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