text

Digital yuan debuts at China's import expo

China's digital fiat currency, or the e-CNY, is being used at restaurants, booths and vending machines for the first time at the China International Import Expo (CIIE).

text

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.

text

Indonesia-based grocery app HappyFresh reaps $65M led by Naver Financial and Gafina

HappyFresh, the on-demand grocery app based in Indonesia, announced today it has raised a $65 million Series D. The round was led by Naver Financial Corporation and Gafina B.V., with participation fro

text

PayMaya owner Voyager Innovation raises $167M from KKR, Tencent and IFC, to launch digital bank in the Philippines

Voyager Innovations, the Manila-based owner of PayMaya, one of the Philippines’ most popular payment and financial services apps, announced today it has raised $167 million in new funding to launch mo

text

Millions of dollars in Bitcoin ransom seized from Colonial Pipeline hackers

The pipeline was hacked in May and forced to shut down, causing fuel shortages on the US east coast.

text

Millions of dollars in Bitcoin ransom seized from Colonial Pipeline hackers

The pipeline was hacked in May and forced to shut down, causing fuel shortages on the US east coast.

text

China’s e-commerce giant JD.com starts paying some staff in digital yuan

China’s plan to introduce its digital currency is getting a lot of help from its tech conglomerates. JD.com, a major Chinese online retailer that competes with Alibaba, said Monday that it has s

text

PayPal to launch cross-border payments wallet in China

PayPal plans to launch a local wallet in China. /CFP Paypal is looking to launch a local wallet in China focusing on cross-border payments, instead of competing with dominant domestic players,

text

Cryptocurrency wallet and blockchain tech startup imToken raises $30 million Series B

imToken, the blockchain tech startup and crypto wallet developer, announced today it has raised $30 million in Series B funding led by Qiming Venture Partners. Participants included returning investor

text

Visa supports transaction settlement with USDC stablecoin

Payment card network Visa has announced that transactions can be settled using USD Coin (USDC), a stablecoin powered by the Ethereum blockchain. Crypto.com is the first company to test the new capabil

text

Crypto wallet and exchange company Blockchain.com raises $300 million at $5.2 billion valuation

As Coinbase is about to go public in the U.S., another cryptocurrency company is having a blockbuster first quarter of 2021. Blockchain.com, the company behind a popular cryptocurrency wallet, an exch

text

Vega raises $5M to give anyone the ability to launch a derivatives market

Vega, a startup that is building a decentralized protocol for creating and trading on derivatives markets, has raised $5 million in funding.Arrington Capital and Cumberland DRW co-led the round, which

text

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

text

Revolut applies for UK banking license

It’s hard to believe that fintech startup Revolut doesn’t have a proper banking license in its home country. But this is about to change as the company has applied for a banking license in the U.K. Up

text

Facebook-backed Libra Association rebrands as Diem

The Libra Association, a consortium created by Facebook to support its Libra cryptocurrency efforts, announced this morning that it has a new name — the Diem Association — and made some key hires ahea

text

Stellar blockchain will soon support USDC stablecoin

USDC, the stablecoin co-founded by Circle and Coinbase, first started as an Ethereum-based token. After adding support for the Algorand blockchain, Centre, the consortium that manages USDC, is announc

text

Revolut launches its financial app in Japan

Fintech startup Revolut is expanding to Japan. After testing the service with 10,000 users, anybody can now sign up and open an account. The company originally obtained its authorization to operate fr