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Crypto Giant Coinbase Looks to Entice Institutions With $55 Million Xapo Deal

With the custody of crypto assets becoming of utmost importance, industry startups have been doing anything in their power to make a foray into this facet of cryptocurrency. After launching its own custody division, Coinbase has made a massive acquisition in the cryptocurrency security business, ma..

Ripple News: Investment Arm Xpring Gives 1 Billion XRP to Coil Content Platform

Xpring, the investment wing of XRP backers Ripple, is giving away a 1 billion XRP grant — valued near $260 million at press time — to a platform that’s taking its own approach to monetizing the internet via micropayments. Announced on August 15th, the Xpring grant will go to Coil, a startup launche..

As Competition Revs Up, XRP Backers Ripple Negotiating New Investments

Ripple made its biggest move yet this summer, having bought up $30 million USD worth of shares in MoneyGram. As part of that deal, the mainstream money transfer company agreed to partner with Ripple on cross-border payment settlements. Now, Ripple’s leadership has signaled they’re keeping the compa..

Crypto Giant Kraken Acquires Interchange in Institutional Push

Announced on Wednesday, top Bitcoin exchange Kraken has made a large acquisition, picking up Interchange. Interchange is an accounting and reporting service for institutions with operations in the cryptocurrency market, meaning that this purchase is one of Kraken’s latest attempts to make a splash ..

Builders of “Web-Scale Blockchain” Solana Raise $20 Million in Series A

Blockchain startup Solana has big plans for a new first-of-its-kind blockchain, and now the team has a small war chest to fund those ambitious plans into fruition. On July 30th, the company announced it raised $20 million USD in a Series A fundraising round that was led by cryptoeconomy venture sta..

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