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PayPal launches crypto buying and selling in the UK

PayPal Holdings will allow customers in the UK to buy, sell and hold bitcoin and other cryptocurrencies starting this week, the company said on Monday.The roll-out, whi

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Cryptocurrency heist hackers return more than half of £517m stolen

A person claiming to be the hacker says they wanted to expose the platform's vulnerability and it was "always the plan" to return the tokens.

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DeFi investor platform Zerion raises $8.2 million Series A

While crypto exchanges have demystified some of the largest cryptocurrencies for retail investors, many of the intricacies of decentralized finance are still lost on even more savvy investors as a res

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Crypto company Anchorage raises $80 million after getting federal banking charter

Anchorage has raised an $80 million Series C funding round led by GIC, also known as Singapore’s sovereign wealth fund. Andreessen Horowitz, Blockchain Capital, Lux and Indico are also participating i

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Crypto wallet and exchange company Blockchain.com raises $120 million

Blockchain.com has announced that it has raised a $120 million funding round. The company develops a popular cryptocurrency wallet as well as an exchange, an explorer and more.Moore Strategic Ventures

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Current and upcoming trends in Latin America’s mobile growth

Latin America (LATAM) is home to one of the fastest-growing mobile markets in the world. In 2018, there were 326 million mobile internet users in the region, and that figure is anticipated to increase

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PBOC: Digital RMB and banknotes will coexist for long

China's official app for the digital yuan is seen on a mobile phone next to 100-yuan banknotes in this illustration picture taken on October 16, 2020. /Reuters China's digital currency and phy

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Cryptocurrency wallet BRD reaches 6 million users, driven by growth in Latin America and India

Mobile cryptocurrency wallet BRD announced today that it now has more than six million users worldwide, thanks to strong growth in India and Latin America. With this momentum, the company expects to r

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Philippines payment processing startup PayMongo lands $12 million Series A led by Stripe

Stripe has led a $12 million Series A round in Manila-based online payment platform PayMongo, the startup announced today.PayMongo, which offers an online payments API for businesses in the Philippin

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Hong Kong-based EMQ raises $20 million for its cross-border financial settlement tech

Cross-border financial transactions are a major headache for individuals and large companies alike, who often have to deal with long wait times and high fees in order to send money to recipients in ot

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Indian company launches ultra-violet sanitisation box to kill virus, bacteria

Indian consumer appliance company, Orient Electric has launched a box-shaped sanitisation chamber at 160 U.S. dollars that uses ultra-violet (UV-C) light to kill virus

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Visa’s Africa strategy banks on startup partnerships

Visa has prioritized growth in Africa, and partnering with startups is central to its strategy.This became obvious in 2019 after the global financial services giant entered a series of collaborations

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Sprint/T-Mobile merger gets federal judge approval

The U.S. mobile landscape is on track to look a whole lot different. A hotly contested $26 billion deal between T-Mobile and Sprint just got the go ahead from a U.S. district court judge. The merger w

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Festive spirit keeps e-wallets on a high in India

WhenthecallofdutykeptasoldierinJammuandKashmirthisDiwali,heusedhisPaytmdigitalwallettotransferagiftofRs1,001tohisfamilyinRaipur.AgovernmentofficialpostedintheAn

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WannaCry: hackers withdraw £108,000 of bitcoin ransom

Morethan£108,000inbitcoinpaidbyvictimsoftheWannaCryransomwareattack,whichcrippledpartsoftheNHSaswellasbusinessesin150countriesworldwide,hasbeenwithdrawnfromthed