Binance.US Teams Up With MoonPay Amid Banking Challenges And SEC Woes
Crypto exchange Binance.US has recently encountered many legal and financial obstacles amid heightened regulatory scrutiny. However, to restore a reliable influx of dollars, the exchange has allied with MoonPay, a payment startup renowned for its partnerships in the non-fungible token (NFT) sector, as reported by Bloomberg. This strategic collaboration addresses Binance.US’s challenges while injecting a […]
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Moonpay, a cryptocurrency payments service provider, has raised $555 million during its first funding round. Led by Tiger Global Management, this series A funding round propelled the valuation of the company to $3.4 billion, which will be used for expansion endeavors. The fiat-to-crypto ramp that Moonpay provides is key to several hundred wallets and services for onboarding users with fiat currency.
Moonpay Snags $3.4 Billion Valuation
Moonpay, a startup that specializes in processing payments to purchase cryptocurrencies, has raised $555 million in its first financing round. The....
Binance is currently the largest exchange in the world in terms of the daily trading volume. It is incorporated in the Cayman Islands and has an office in Singapore. It, however, claims not to have a corporate headquarters. Recently, the company has faced regulatory issues in several countries, including the U.S., Hong Kong, and Malaysia. […]
Crypto Startup, MoonPay has decided to launch its NFT platform in partnership with Universal Pictures, Fox Corporation and other brands too. This NFT platform will be called HyperMint. CEO of MoonPay, Ivan Soto-Wright, on June 21 has announced the launch of this Non Fungible Token platform. Primarily HyperMint shall help many big companies, brands and […]
Crypto payment platform MoonPay recently announced that it raised $87 million from about 60 A-list celebrities. The investors include singers like Justin Beiber and Snoop Dogg, tennis player Maria Sharapova and actors such as Bruce Willis, Ashton Kutcher, and Gwyneth Paltrow. Through raising funds, MoonPay has attempted to expand the role of Non-fungible tokens by […]
According to the firm Moonpay, the non-fungible token (NFT) marketplace Opensea plans to accept credit card payments using the company’s payment infrastructure. The move follows Opensea gathering $23.5 billion in all-time sales volume, and the company’s recent Solana support announcement.
Moonpay Reveals Opensea Users Will Soon be Able to Pay for NFTs With a Credit Card
Opensea visitors can soon pay with credit cards if they don’t own any crypto assets, according to a tweet from the company Moonpay. “Sail the Opensea with your card,” Moonpay....