Cryptocurrencies Cryptocurrencies Archives

Category: Cryptocurrencies

Robinhood Crypto logo

Robinhood Crypto Launches in EU with Bitcoin Back Offer

Robinhood Crypto is making its way to the European Union (EU). About the rollout: Robinhood has announced the rollout of its Robinhood Crypto platform in the EU. With the debut, eligible customers in supported countries will be able to trade more than 25 cryptocurrencies. Additionally, the company says that additional tokens, the ability to transfer coins, crypto learning rewards, and more will join the app in 2024. In a unique...
Robinhood Wallet app

Robinhood Wallet Adding Support for Ethereum Swaps and More

Robinhood Wallet has announced a number of new features coming to the Wallet app. About the updates: Robinhood's standalone, non-custodial crypto wallet app aptly called Wallet is expanding. First, the app will now support custody for Bitcoin and Dogecoin. This means that all users will now be able to send and receive these assets using Wallet. These two networks join those previously supported including Arbitrum, Optimism, Polygon, and Ethereum. Speaking...
PYUSD on app

PayPal Launches PYUSD Stablecoin

PayPal is expanding its digital payments network with the introduction of a new stablecoin. About PYUSD: This week, PayPal announced the launch of a United States dollar-backed stablecoin called PayPal USD — or PYUSD. These coins will be redeemable at a 1:1 ratio for U.S. dollars and will be issued by Paxos Trust Company. In the coming weeks, customers will be able to transfer PYUSD between PayPal and compatible external wallets,...
BoomFi screen shot

Crypto Payments Startup BoomFi Raises $3.8 Million

A FinTech that looks to help merchants accept and convert cryptocurrencies has closed a new round of funding. About the round: This week, BoomFi announced that it had raised $3.8 million. The seed round was led by White Star Capital along with participation from Passion Capital, Blockchain Founders Fund, Kraken Ventures, GSR, Aquanow, and Mantle Network among others. With the new funds, the company says it will work to transform crypto...
Robinhood Web3 logo

Robinhood to Delist Three Coins Amid SEC Crackdown

Over the years, the stock trading app Robinhood has gained an increased focus on cryptocurrencies. This includes adding support for new tokens, introducing built-in wallets to the app, and debuting a standalone, non-custodial Web3 wallet among other efforts. However, the company is now taking one slight step back by removing support for three previously-supported assets. About the delisting: This morning, Robinhood announced that it would be delisting three coins: Cardano...
Robinhood crypto wallet

Robinhood's Non-Custodial Crypto Wallet Now Available for iOS

A new crypto app from Robinhood has finally arrived. This week, the FinTech announced that its Wallet app was available to download in the Apple App Store, making it accessible to all iOS users. Previously, the app was only available to a select number of users while more than a million customers remained on the waitlist. Now, no waitlist reservation or invitation code is required to download the app and...
Bakkt logo

Bakkt to Sunset Consumer-Facing Crypto App, Focus on B2B2C

The FinTech startup Bakkt known for its crypto trading platform and other features has announced that it will be turning its focus to its business-to-business-to-consumer (B2B2C) operations. In turn, the company will be sunsetting its consumer-facing app on March 16th but will allow customers to access their cash and crypto via a web interface. On that date, Bakkt Visa debit cards will also be deactivated. Because of this, customers are...
BitNile logo

BitNile to Launch Marketplace Site in March 2023

A busy and diversified company known as a crypto mining firm (among many other things) has announced a date for its next expansion. This week, BitNile announced an official launch date for BitNile.com. According to a press release, the site will go live on March 1st, 2023. When it does, it promises to be the "premiere destination for exclusive goods and VIP experiences" — all of which accept Bitcoin. Ahead...
The "Email" field is empty, you must enter some text to proceed.The text you entered in the "Email" field appears to be invalid, please edit it and try again
Get the Latest News Delivered to Your Inbox

FedEx Announces Winners of 11th Annual 2023 Small Business Grant Contest

Nearly three months after the entry period ended, FedEx has announced the winners of its 11th annual Small Business Grant Content. This year's event saw more than $300,000 in funds going to a variety of small businesses across the nation. Last month, the company revealed 100 finalists, with that list now being narrowed down to just 10 winners. This year's grand prize winners included KindVR, The Cupcake Collection, Up In...
H-E-B and Central Market  credit cards

Imprint Launches Credit Cards from H-E-B and Central Market 

The FinTech Imprint is partnering with the popular Texas-based grocery chain H-E-B for a pair of new rewards credit cards. This week saw the launch of the H-E-B Visa Signature Credit Card as well as the Central Market Visa Signature Credit Card. With these two (nearly identical) options, customers will be able to earn rewards on groceries and beyond. First, both versions of the card earn up to 5% back on select...
Summer app

Student Loan Benefit FinTech Summer Raises $6 Million

For years, student debt has been one of the most talked about financial topics. What's more, while the debt itself has become a major part of many Americans' lives, discussion of student loans has become political due to efforts to forgive certain loan repayments. However, while we wait for resolution on that front, a FinTech that brings student debt benefit solutions to employers and consumers has raised a new round...
Choice Privileges Select Card

Choice Hotels, Wells Fargo Debut Choice Privileges Select Card

With spring well underway and the summer travel season now just around the corner, Choice Hotels and Wells Fargo have unveiled their latest co-branded credit card offering. Today, the two companies announced the Choice Privileges Select Mastercard. Carrying an annual fee of $95, this card will serve as the premium option in the hotel brand's new lineup. Looking at the Choice Privileges Select, it offers a mix of rewards categories....
Melissa Urban holding a Ness card

Health and Wellness Rewards Card Ness Partners with Whole30

In recent years, several unique rewards cards have come to market. These include offerings from FinTech startups as well as brands looking to do something special for their loyal fans. On that note, a recently-announced rewards credit card offering is now working with a popular brand to introduce new benefits for customers. This week, the Ness Card (which is issued by The Bank of Missouri) unveiled a new partnership with...