Betkurus Collaborates with CoinMatrix, Raises $670,000 Investment

Betkurus Collaborates with CoinMatrix, Raises $670,000 Investment

With the growing popularity of bitcoin, mainstream businesses, mostly online ones are integrating bitcoin as one of the options alongside fiat currencies for payments. However, in this particular instance it is happening the other way around. Betkurus, an online bitcoin gaming platform has enabled users to convert their bitcoin in real-time to pay in fiat for the games they wish to play (or for the bets they wish to wager). Betkurus is part of Curacao based DigitalSport Entertainment N. V. Launched in the month of October last year to become one of the first few licensed bitcoin based....


Related News

Digital Currency in Gaming - Boon or Bane?

You might have recently read the news about Betkurus, an online gaming platform raising funds close to $670,000 while partnering with CoinMatrix. This has made Betkurus the first online bitcoin based platform that allows real-time conversion of bitcoin to any fiat currency that can be used at various online casino games and to place bets on a long list of sporting events. This partnership has received a huge cheer from the bitcoin community. Even though, t is a good sign for bitcoin, serving as a sign of progress, another aspect related to its impact on the society has been completely....

Case Wallet Raises Another Tranche of Seed Investment

It is raining investments in the digital currency sector. A number of companies have raised millions of dollars in funding in recent days. Case Wallet Inc. also known as CryptoLabs has recently raised another tranche of seed investment of about $750,000 towards its bitcoin wallet business. Case Wallet Inc. is the manufacturer of Case secure hardware bitcoin wallets. The New York based startup has so far raised seed investment of about $2.25 million, including the earlier $1.5 million raised in June 2015. With the latest tranche of investment, the seed investment round stands closed. READ....

Swiss Bitcoin Investment App Relai Raises $2.7 Million

Switzerland-based bitcoin investment app Relai raised more than $2.7 million in a series A round and now seeks to build a proprietary broker.

Defi Marketplace and NFT Platform Arcade Raises $15 Million in Series A Fundi...

The decentralized finance (defi) marketplace, non-fungible token (NFT) financialization platform, and lending application Arcade has announced the company has closed a Series A investment round for $15 million. Just recently, Arcade facilitated an onchain loan of $800,000 against an NFT portfolio from a lender with over $10 billion. Arcade Raises $15 Million in Series A Co-Led by Pantera Capital, Castle Island Ventures, Franklin Templeton Blockchain Fund The defi marketplace Arcade has raised $15 million in capital during a Series A financing round, according to the company. The investment....

Bitcoin Investment Firm NYDIG Raises Additional $100 Million

Crypto investment provider NYDIG raised an additional $100 million in growth capital earlier this week. The new funding round featured MassMutual, Stone Ridge Holdings, New York Life, and Liberty Mutual Insurance, among others as strategic partners. This follows the investment firm’s $200 million cash injection back in early March.  In the previous funding round, Robert Gutmann, CEO of NYDIG, stated that the additional funds would be used to develop “Bitcoin-related strategic initiatives spanning from investment […]