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Cross-Border Payment Infrastructure Tazapay Completes Series B Funding, with Ripple, Circle Ventures, and Others Participating

4 hours ago

August 27th. The cross-border payment infrastructure Tazapay announced the completion of its Series B financing. This round was led by Peak XV Partners. Ripple (from the USA), Circle Ventures, Norinchukin Capital (from Japan), and GMO VenturePartners (from Japan) also participated. The existing investors January Capital and ARC 180 continued to invest as well. Tazapay is a global cross-border payment infrastructure platform with an annualized payment processing volume exceeding $10 billion. It has achieved break-even and witnessed a 300% year-on-year growth. The company has obtained licenses in Singapore, Canada, and the EU. The new funds will be utilized to speed up the application of DPT licenses in the UAE, the USA, Hong Kong, Australia, and Singapore. Ripple's and Circle's investments emphasize Tazapay's crucial role in bridging the gap between traditional finance and the digital currency payment field.
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Upbit Trading Volume Continues to Decline: ETH, XRP, BTC Lead the Way

On August 27th, according to CoinGecko data, in the previous 24 hours, the trading volume on Upbit slightly decreased to $2.62 billion, with a decline of 25.7%. Among them, the ETH/KRW trading pair took the lead in the Korean won market with a trading volume share of 16.35%, and the other top five in ranking are: XRP, BTC, CRO, SOL.

3 minutes ago

Two Whale Addresses Bought a Total of 358,279 HYPE in the Past 12 Hours, Worth $18.23 Million

On August 27th, based on the monitoring of LookOnChain, within the past 12 hours, two whales have made purchases of 358,279 HYPE (equivalent to 18.23 million USD). As of the time of writing, HYPE is priced at 50.99 USD, and it has witnessed a 24-hour price increase of 12%.

3 minutes ago

Aptos Application and Execution Layer Protocol Panora Completes New Funding Round, Lead Investor Frictionless Capital

On August 27th, as per official channels, the Aptos application and execution layer protocol Panora announced the accomplishment of a new round of financing, with the specific sum remaining undisclosed. This round of financing was spearheaded by Frictionless Capital and was participated in by Aptos Labs co-founder and CEO avery.apt as well as Aptos Labs founding engineer and DevRel lead greg.apt.

3 minutes ago

Survey Results Show One Quarter of UK Adults Would Include Cryptocurrency in Their Retirement Plan

August 27th. According to Cointelegraph, the latest survey by insurance company Aviva indicates that 27% of UK adults are willing to incorporate cryptocurrency into their retirement investment portfolio. Moreover, 23% are even thinking about withdrawing their existing pensions for crypto investment. Approximately one-fifth of the respondents stated that they already hold or have held cryptocurrency, with the 25 - 34 age group being the most active. Although attracted by the high potential for returns, investors still have concerns about security risks (41%), the lack of regulation (37%), and price volatility (30), among other issues. In May this year, the UK proposed a crypto regulatory framework. Meanwhile, the United States has already permitted 401(k) retirement plans to include cryptocurrencies like Bitcoin. The UK's pension market is valued at $5.12 trillion. If it opens up channels for crypto investment, it may lead to significant inflows of funds into the crypto market.

3 minutes ago

A whale withdrew $4.43 million worth of DOGE from Binance, holding a total of 52.9 million DOGE.

August 27th. Based on Onchain Lens monitoring, a whale has once more withdrawn 20 million DOGE from Binance, with a value of $4.43 million. The whale currently possesses 52.9 million DOGE, which is worth $11.71 million.

3 minutes ago

Ark Invest reduced its Coinbase stock by 1952 shares yesterday

On August 27th, based on the Ark Invest Tracker, Ark Invest sold 1952 shares of Coinbase yesterday. When calculated at a closing price of $308.48 for COIN, the value was approximately $602,000.

3 minutes ago