Tag: Adoption

Capture investment opportunities created by megatrends

PairTree speeds adoption process with an online, self-matching platform and $2.25M seed

Making the choice to adopt, or to find an adopting family, is a legally complex, emotionally taxing, expensive and time-consuming process. PairTree aims to make one part at least considerably easier and faster with its online matching platform where expectant mothers and hopeful adopters can find each other without the facilitation of an agency or…
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23 June 2021 0

BitGo expands crypto insurance to cover over $700M

Digital asset custody firm BitGo has expanded its cold storage insurance program, raising its insurance capacity by $600 million. BitGo debuted its crypto insurance program through global insurance and reinsurance market Lloyd’s of London in 2019. This enabled BitGo clients to acquire insurance for their digital assets held on BitGo’s Business Wallet service and Custodial…
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21 April 2021 0

Time Magazine to accept crypto payments for digital subscriptions

In partnership with Crypto.com, a leading digital currency platform, Time is now accepting one-time crypto payments for its 18-month digital subscription. Users who elect to pay with Crypto.org Coin, or CRO, will receive up to 10% cash back on their purchase. The digital subscription is valued at $49. The option to pay with cryptocurrency is…
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19 April 2021 0

r/Wallstreetbets re-bans crypto discussions following Bloomberg article

r/Wallstreetbets, or WSB, a subreddit famous for organizing a pump for Dogecoin (DOGE) and the GameStop short squeeze, is enacting a crypto discussion ban after officially allowing the topic for a single day. Subreddit moderator u/bawse1 announced Thursday that WSB has now banned crypto discussions forever, following a Bloomberg article titled, “WallStreetBets Bows to Crypto.” Just…
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16 April 2021 0

Google Cloud integrates Band Protocol for real-time crypto price data

Google Cloud is incorporating core technology from Band Protocol, a decentralized oracle service, to enable “immediate and accurate analysis of financial time series data,” according to Kevin Lu, head of business development at Band.  Lu announced Thursday that Band’s Standard Dataset is now live on Google BigQuery, an enterprise data warehouse powering ultra-fast SQL queries.…
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15 April 2021 0

UK hedge fund reportedly plans to invest $84M in crypto

Brevan Howard, a U.K.-based asset management firm, is reportedly planning to directly invest in digital assets after more than a year of exposure to the crypto space. According to a Bloomberg report, Brevan Howard Asset Management will be allocating 1.5% of the $5.6 billion in its main hedge fund to crypto — roughly $84 million.…
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15 April 2021 0

Blackrock CEO says crypto ‘may become a great asset class’ but is no substitute for currency

Despite the successful rollout of Coinbase’s stock on Wednesday, Blackrock CEO Larry Fink still expressed some concerns over the institutional adoption of crypto. In an interview with CNBC’s Squawk Box on Thursday, Fink said he was “encouraged by how many people were focusing” on crypto and the narrative surrounding it, but he seemed to imply his…
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15 April 2021 0

Experts debate whether NFTs really need blockchain

At the BlockDown 2021 conference, EllioTrades, a crypto YouTuber and co-creator of the Superfarm NFT project, joined a debate about the value of nonfungible tokens, or NFTs, with Edmund Schuster, associate professor of law at the London School of Economics. By definition, NFTs are unique pieces of digital content brought and moved online using blockchain…
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15 April 2021 0

Switzerland’s largest insurer AXA starts accepting Bitcoin as payment

Europe’s second-largest insurance firm AXA has become Switzerland’s first all-line insurer to offer its customers the option to pay their bills with Bitcoin (BTC), facilitated through a collaboration with the established cryptocurrency broker Bitcoin Suisse. Bitcoin payments will be accepted for nearly all AXA products except for life insurance, due to regulatory barriers to the…
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15 April 2021 0

Finance officials pour cold water on cryptocurrency amid Coinbase celebrations

Finance officials from both sides of the globe are taking the opportunity to criticize the value and utility of cryptocurrencies as media focus intensifies on the space following Coinbase’s direct listing on the Nasdaq. Bank of Korea governor Lee Ju-yeol said cryptocurrencies had “considerable limitations” as a method of payment, following a monetary policy meeting…
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15 April 2021 0