Crypto.com Adds Jon Russell As Asian Based General Partner
The Singapore-based company, Crypto.com, has hired the former TechChurch and The Ken reporter, Jon Russell as their Asian-based general partner. And with this new development, they hope to expand Fund further. Crypto.com’s $200 million Web 3 fund came into existence in March 2012. As of Monday, intending to expand via the venture arm of investing in Series A stages, project at seed and crypto startups, has grown expectedly. Russell, during an interview, made known that the fund is believed to rise to double its current size and will be announced in a few days. Crypto.com is still....
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Expanding in the Asian market is not an easy feat, although Coinify has been working on trying to achieve this goal. With a strategic partner in Asia, blockchain-based merchant processing solutions will be coming to consumers in that region. iPayDNA is a very dominant player in this region, and it will be interesting to see how this partnership will affect digital currency payments as a whole. An interesting development has been announced earlier today, as Coinify is working hard to expand their presence in the Asian region. Thanks to a partnership with iPayDNA, they can now offer....
Following El Salvador’s decision to grant Bitcoin the status of legal tender, other government officials in the region have hinted at adopting similar measures. Most of the interest seems to have a source in developing countries. Their populations have been the most benefit from Bitcoin’s open and censorship resistance network. NFL’s professional player Russell Okung […]
Rusty Russell , the open software developer has recently shared a proposal to create generic bitcoin wallet address on lightning network. The Bitcoin network is badly in need of an upgrade. As the number of transactions on the blockchain increase, the smaller block size and limited processing capacity has led to confirmation backlogs and an increase in miner fee for transactions across the network. As a solution to this issue, an alternative protocol over the blockchain called lightning network is currently being developed. The implementation of Lightning network for bitcoin transactions....
Vitaxel Group will be a valuable partner for Bitspark, as they have over 5,000 distributors in over a dozen Asian countries. Fintech and Bitcoin startup Bitspark, based in Hong Kong, has partnered with Vitaxel Group. As part of this new agreement, the Bitcoin company will start offering its remittance services in Malaysia over the coming weeks. This news comes on the heels of the Malaysian government deciding to take a less strict stance on Fintechs and Bitcoin startups in the region. Both companies previously had agreed on a Memorandum of Understanding in June of 2016. That milestone....