Category: Cryptocurrency

July 10, 2019 BY Mariela Naydenova

Visa leads $40 million Series B round for Anchorage

Visa continues to be a leader in the the blockchain and crypto spaces. This time, Visa is betting on the digital asset custodian company Anchorage, which is a fellow in Facebook's Libra Association. Andreessen Horowitz are also partnering on the $40 million funding round. According to TechCrunch, Anchorage is a revolutionary custodian solution, as it…

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July 08, 2019 BY Mariela Naydenova

Binance lists Dogecoin, coin’s value soars

Binance recently listed Dogecoin, Elon Musk’s favorite altcoin. Back in 2018, Leaprate reported the story of Dogecoin – an alt coin created as a joke, it reached a market cap of $2 billion in the beginning of 2018. Dogecoin was created as a joke to mimic the 2013 meme of a dog that went viral…

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Venezuela in financial and political turmoil, but approves crypto legislation
July 08, 2019 BY Mariela Naydenova

Venezuela's largest bank ordered to adopt the Petro

The economy in Venezuela is going down. The country is experiencing high inflation and constant shortage of food and water, mainly because of US sanctions. In the summer of 2018, Leaprate reported that President Nicolas Maduro has placed all "his eggs in one basket" - by using the petro, a state-backed digital coin, to save…

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